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Banking

Stay updated with the latest banking news, analysis, and trends

PSU Bank Profitability Hinges on Recoveries; YES Securities Names Top Picks

PSU Bank Profitability: Recovery Focus & Top Picks by YES Securities

YES Securities analyzes PSU bank profitability, highlighting recovery dependence and naming top stock recommendations. Discover which banks lead.

By Market Desk•
A housing development with completed residential buildings in the foreground and a multi-story building under construction in the background.

Vivriti Finance Q1 FY27 Profit Soars 54%

Vivriti Finance reports a 54.07% surge in Q1 FY27 net profit to Rs 73.23 crore, signaling strong performance in the housing development finance sector.

By Business Desk•
Close-up of hands and a pen pointing to a printed document titled "Marginal Cost of Funds Based Lending Rate (MCLR)" with numerical data.

RBI’s New MCLR Formula: 3-Month Funding Average

RBI proposes a new MCLR formula, linking lending rates to a 3-month average of bank funding costs for greater stability and transparency.

By ThePip Desk•
An elevated medium-wide shot of a bustling financial district in an Indian city with modern bank buildings.

RBI FCNR(B) Scheme Ends Early: Economic Impact on India

RBI’s FCNR(B) deposit scheme closes early Aug 31. Learn about its $52.3B impact on India’s economy, banking system, credit, and deposits.

By ThePip Desk•
A woman uses a smartphone to complete a transaction at a market stall with fresh produce in an Indian market.

India’s Economic Leap: License Raj to Digital Economy

Explore India’s economic evolution from the restrictive ‘License Raj’ to a digitally empowered nation, driven by 1991 reforms and modern financial tech.

By Business Desk•
Six women in traditional attire are seated on the ground, weaving baskets. One woman holds a smartphone.

Modi Targets 6 Crore Lakhpati Didis for Women’s Empowerment

PM Modi announces a new goal of 6 crore ‘Lakhpati Didis’ to economically empower rural women via Self-Help Groups, expanding a successful initiative.

By ThePip Desk•
A large vault room filled with stacks of various international currency banknotes and clear bins of coins, with the RBI logo on the back wall.

RBI Halts FCNR(B) Swaps Early Due to Record Inflows

RBI closes FCNR(B) deposit swap facility a month early as foreign currency inflows surge past $56.84 billion, exceeding expectations.

By ThePip Desk•
Laxmi India Finance Q1 Net Profit Jumps 69% to ₹16.57 Crore

Laxmi India Finance Q1 Profit Soars 69% to ₹16.57 Cr

Laxmi India Finance’s Q1FY27 net profit surged 69% YoY to ₹16.57 crore, fueled by strong NII growth and increased fee-based earnings. Revenue up 34%.

By ThePip Desk•
A man uses an ATM outside a bank. The bank entrance has a "HOLIDAY NOTICE - BANK CLOSED TODAY" sign.

India Banks Closed Aug 15 for Independence Day; Digital Services Active

Indian bank branches will be closed on August 15, 2026, for Independence Day and Parsi New Year. Digital banking, ATMs, and UPI remain operational. Check regional holidays.

By ThePip Desk•
A customer's hand holds a smartphone displaying a successful payment to a smiling vendor in an Indian market.

Free UPI Transactions: Economic Benefits Outweigh Costs

New analyses reveal the significant economic and social benefits of free UPI transactions far exceed infrastructure costs, cautioning against introducing charges.

By ThePip Desk•
A neat stack of currency notes and coins sits next to an open financial planner on a clean, light-colored desk.

Fixed Deposits: Secure Your Financial Freedom

Discover how Fixed Deposits offer stability, goal planning, emergency funds, and predictable cash flow, paving your way to financial freedom beyond just returns.

By ThePip Desk•
A parent sits at a wooden table, using a calculator and reviewing financial documents for a child's savings account.

PPF for Kids: Combined ₹1.5 Lakh Family Contribution Limit

Parents: The ₹1.5 lakh PPF annual limit for a child’s account applies to combined family deposits. Learn how to manage your contributions wisely.

By ThePip Desk•
Bajaj Finserv Large & Mid Cap Fund NAV Hits ₹13.01 with 6.95% Annual Return

Bajaj Finserv Large & Mid Cap Fund NAV Hits ₹13.01

Bajaj Finserv Large & Mid Cap Fund (G)-Direct Plan NAV reaches ₹13.01 with a 6.95% annual return. Explore its performance and asset allocation.

By Market Desk•
India's BoP Registers $8.1 Billion Deficit Amid Strong Bank Deposit Growth

India’s BoP Deficit Widens to $8.1B Amidst Record Bank Deposits

India’s Balance of Payments (BoP) recorded an $8.1 billion deficit in Q1FY27, a significant shift from a surplus, despite bank deposit growth hitting a 15.4% high.

By ThePip Desk•
Stacks of US dollar bills are counted and moved by financial professionals in a modern Indian central bank facility.

RBI Closes FCNR(B) Swap Early: $52.3B Inflows

RBI to close FCNR(B) swap facility on Aug 31, 2026, ahead of schedule, due to over $52.3 billion in forex inflows. Learn more about the impact on India’s economy.

By ThePip Desk•
Large stacks of banded US Dollar and Indian Rupee notes are arranged on a white counter in a bank.

RBI Forex Swap: $56.85B Inflow Before Closure

The Reserve Bank of India’s USD-INR forex swap facility successfully attracted $56.85 billion, mainly from FCNR(B) deposits, before its August 31 closure.

By ThePip Desk•
An Indian man in a blue shirt sits at a desk, looking at a tablet displaying cryptocurrency and stock charts.

Indian Investors Diversify: Beyond Gold & Fixed Deposits

Indian investors are diversifying beyond traditional assets like gold and fixed deposits, exploring private credit, structured debt, and cryptocurrencies for growth.

By ThePip Desk•
A smiling Indian woman, a shop owner, accepts a digital payment via a smartphone from a male customer.

India’s Retail & MSME Credit Soars, Boosting Financial Access

India sees a surge in retail and MSME credit, expanding financial inclusion. Millions more borrowers now access formal credit, transforming the economic landscape.

By ThePip Desk•
A man sits outdoors in an Indian city, using a smartphone with a financial app displayed. Street activity is in the background.

Bank of America Invests $1.9B in Jio Credit for 49.9% Stake

Bank of America invests $1.9 billion for a 49.9% stake in Jio Credit Limited, expanding its digital financial services presence in India.

By Business Desk•
Stacks of gold bars in a large, secure vault with a heavy vault door in the background and Indian architectural details.

India’s Forex Reserves Hit $707B on Inflow Boost

India’s foreign exchange reserves surged by $14.136B to $707.002B by Aug 7, driven by increased foreign currency assets and gold holdings. Learn more.

By ThePip Desk•
India's Mutual Fund Distribution: A Deep Dive into Uneven Earnings

India Mutual Fund Distribution: Uneven Earnings Revealed

Explore India’s mutual fund distribution landscape: ₹27,335 crore in commissions FY24-25, but earnings are highly concentrated among top distributors.

By Business Desk•
A closed bank branch on a sunny street in an Indian city, with people walking by, some looking at their phones.

India Banks Closed Aug 15 for Independence Day 2026

All Indian banks, public and private, will be closed on August 15, 2026, for Independence Day. Digital banking services remain fully accessible.

By ThePip Desk•
Bank of Baroda, Canara Bank Hike Lending Rates: What Borrowers Need to Know

Bank Lending Rates Rise: BoB & Canara Bank Increase MCLR

Bank of Baroda and Canara Bank raise MCLR by up to 10 basis points from August 12, 2026. Understand the impact on your loans and EMIs.

By ThePip Desk•
A bronze bull statue in a city square, surrounded by tall glass skyscrapers under a golden hour sky.

Mutual Fund Stocks Surge: 15 Deliver Up to 131% Gains in 2026

Discover 15 Indian stocks backed by over 100 mutual funds, delivering up to 131% returns in 2026. Three stocks achieved multibagger status.

By ThePip Desk•
Employees in an Indian government EPFO office reviewing digital and physical records for pension claims.

EPS Higher Pension Claims: Govt. Expedites Processing

India’s govt. introduces 4 steps to speed up EPS higher pension claims post-Supreme Court ruling. Learn about the new online facility & EPFO verification.

By ThePip Desk•
An account holder holds a folder of documents while speaking to a bank official behind a counter at a bank.

RBI: Unused Bank Accounts Inactive After 2 Years – Reactivate Now!

RBI warns bank account holders: Accounts inactive after 2 years without transactions. Learn how to reactivate and avoid access issues. Stay informed!

By ThePip Desk•
Close-up of hands holding a tablet and a credit card, displaying a digital gift voucher selection screen.

GYFTR Partners with PNB for 3-Year Gift Voucher Service

GYFTR inks a 3-year service agreement with Punjab National Bank to enhance customer engagement via a dedicated microsite for gift voucher and coupon reselling.

By ThePip Desk•
A group of financial professionals in suits work at desks with multiple computer monitors on a trading floor.

MRF, Maruti: Hold; ICICI Bank: Buy on Dips – Expert Advice

Market experts recommend holding MRF and Maruti Suzuki, while suggesting a ‘buy on declines’ strategy for ICICI Bank. Get insights on Indian stock investments.

By Market Desk•
Svatantra Microfin Targets ₹3,000 Crore IPO for Capital Growth

Svatantra Microfin Eyes ₹3,000 Cr IPO for Capital Growth

Svatantra Microfin files draft IPO papers with Sebi to raise ₹3,000 crore, aiming to boost its Tier I capital for expansion in microfinance and affordable housing.

By ThePip Desk•
A woman in a blue sari sits weaving colorful baskets in a rural Indian village.

Svatantra Microfin IPO: $314M India Listing Plans

Ananya Birla’s Svatantra Microfin files for a $314.33 million IPO in India, aiming to raise 30 billion rupees. India’s second-largest MFI by AUM.

By ThePip Desk•
    Banking News & Market Signals – Page 31 | ThePip