Banking

Indian Banks Seek Stability Amid Mobile Banking Boom

In a striking turn of events, Indian banks are navigating a paradox. Despite transferring a staggering $2.5 trillion, or 80% of India’s GDP, through smartphones

The Indian government is in the final stages of identifying buyers for a majority stake in IDBI Bank. Learn about the government's disinvestment strategy and the potential impact of this sale on the banking sector.
Banking

Government Nears Final Stage Of IDBI Bank Sale

The Indian government is in the final stages of identifying suitable bidders for a majority stake in IDBI Bank, according to Tuhin Kanta Pandey, Secretary

Indian banks mull establishing a self-regulatory body (SRO) to oversee the booming fintech sector. Explore the implications for regulatory clarity, innovation, and the future of fintech in India.
Banking

Indian Banks Dive Deeper Into Short-Term Debt

The country’s lenders are increasingly turning to short-term debt instruments to meet the soaring demand for loans. Certificates of deposits (CDs) issued by banks have

Discover what Indian startups expect from FM Nirmala Sitharaman in the Union Budget 2024-25. From tax reforms and infrastructure investments to support for deeptech, climate tech, and AI, explore the key demands that could shape the future of the Indian startup ecosystem.
Finance

Union Budget 2024-25: What Startups Expect From FM Nirmala Sitharaman

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2024-25, the Indian startup ecosystem is eagerly anticipating measures that will support their growth.

Indian banks mull establishing a self-regulatory body (SRO) to oversee the booming fintech sector. Explore the implications for regulatory clarity, innovation, and the future of fintech in India.
Banking

Indian Banks Enhance Deposit Rates Amidst Policy Changes

Indian banks are pushing special deposit programs with higher interest rates in an attempt to draw in retail deposits. Banks are providing deposit rates for

IMF upgrades India's growth forecast to 7% for FY25, citing strong private consumption. Global growth outlook remains cautious due to persistent inflation.
Banking

IMF Boosts India’s Growth Forecast Amidst Global Economic Challenges

The growth estimate for India has been revised upward by the International Monetary Fund (IMF), which now projects a 7% expansion for the fiscal year

Indian banks are increasingly recognizing climate change as the greatest systemic risk to the financial system. Despite a decline in loan defaults, the Reserve Bank of India's latest report highlights vulnerabilities, particularly in the construction, cement, and energy sectors. Regulatory responses have been slow, with new climate risk frameworks not fully implemented until 2028. To safeguard economic stability and attract global green finance, India must accelerate the adoption of robust climate strategies and align with international standards.
Banking

Indian Banks Acknowledge Climate Change As Their Biggest Threat

The Reserve Bank of India (RBI) recently released its semi-annual financial stability report, highlighting an important yet often overlooked threat to the country’s financial system:

Daily Capsule keeps you updated on India's startup ecosystem with news on VC funding, sustainability, deeptech ventures, and more. This article covers funding surges, sustainable travel, OYO's growth plans, and upcoming festivals.
Banking

India’s Innovation Engine: Daily Capsule Keeps You Updated

In today’s fast-paced world, staying informed about India’s vibrant startup ecosystem can be a challenge. But fear not, the Daily Capsule is here to keep

"Banks face new Trai regulations requiring digital consent for commercial communication, seeking clarity on sharing transaction details per RBI guidelines. Lenders also request special prefixes for customer calls to combat cyber fraud. Learn about the challenges and implications for financial institutions."
Banking

Banks Struggle With New Trai Mandate On Digital Consent

The Telecom Regulatory Authority of India (Trai) has just implemented new requirements that banks in India must comply with. These regulations mandate digital consent for

Indian banks are struggling with tighter cash conditions, forcing them to borrow more from debt markets. This shift leads to higher borrowing costs, ending an era of easy liquidity. While the HDFC-HDFC Bank merger inflated borrowing figures, the core issue is a cash crunch.
Finance

Banks Feeling The Squeeze: Tighter Cash Conditions Lead To Increased Borrowing

Indian banks are facing a new reality: tighter liquidity. This situation is forcing them to rely more heavily on debt markets to raise funds, resulting