The current version, ECLGS 5.0, helps businesses manage short-term liquidity mismatches with loans up to Rs 100 crore for general sectors and Rs 1,500 crore for airlines.
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The current version, ECLGS 5.0, helps businesses manage short-term liquidity mismatches with loans up to Rs 100 crore for general sectors and Rs 1,500 crore for airlines.
On capital raising, SBI may tap the market with one more tranche of additional tier-1 (AT-1) bonds. The bank will look to replace Rs 6,000-8,000 crore of five-year AT-1 bonds that are maturing.
Rajiv Kumar said large banks such as HDFC Bank are bound to face issues from time to time, but what matters is resolving them promptly.
SBI is understood to have raised over $5 billion through the FCNR-B route, garnering over $1 billion just last week. SBI is offering up to 9X leverage to its clients under the scheme.
Godrej Capital is eyeing an IPO in four to five years as it expands gold loans, affordable housing finance and personal lending to achieve its Rs 1 lakh crore loan book target.
The comments came as Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to Rs 4,123 crore for the June quarter.
HDFC Bank's ex interim chair Keki Mistry, too, said that corporate governance remains strong at HDFC Bank.
Banks Q1 Results Preview: System-wide deposit growth remained healthy at 12% YoY, aided by strong credit expansion and an increase in the money multiplier. However, deposit growth continues to trail loan growth, said Motilal Oswal.
Industry officials expect further diversification over the next few years, with payment companies likely to deepen their presence in secured and unsecured lending, wealth management, insurance distribution and merchant financial services.
The RBI is understood to have sought details of cash inventories at bank branches to determine whether lenders are maintaining adequate cash to replenish ATMs in a timely manner.
Several banks have tightened redemption benefits and raised eligibility thresholds for premium perks such as airport lounge access.
Banks have mobilised an estimated $3-4 billion so far, with lenders expecting inflows to pick up from mid-July as awareness among overseas Indians increases.
The rating agency treated the extension of the non-convertible debentures' maturity as a distressed debt exchange after debenture holders agreed to defer repayment to Dec. 31, 2026.
Repayment was deferred under a consensual agreement with debenture holders, while Jana Small Finance Bank remains insulated from the holding company's debt, sources say.
Chakraborty did not outline the specific business practices which led to his resignation, saying matters of the boardroom should remain within the room.
Three-month review of board records and interviews found no evidence supporting the allegations.
HDFC Bank, the country's largest credit card issuer by overall base, added 1.42 lakh cards during the month.
The Reserve Bank of India has also moved to tighten oversight of the sector. In June 2025, the central bank introduced stricter guidelines governing gold-backed lending.
K Paul Thomas says the sector's broader objective remains expanding access to formal credit among underserved borrowers while bringing more first-time customers into the financial system.
The central bank is yet to take a final call on the de-registration plea filed by Tata Sons and the NBFC is expected to remain in the list, they say.