India

India retail credit expands as unsecured sourcing jumps 26%

Personal loans’ AUM rose whilst credit card AUMs dipped in Q1 FY2027.
5 days ago

India banks face margin squeeze despite 18.8% credit growth

Deposit growth accelerated to about 17% as foreign-currency inflows boosted system liquidity.

India's digital rupee struggles with retail but shines in wholesale

Its programmability can be used in disbursing credit and government securities settlements.

What happens when Indian banks’ $127b deposit boost matures?

The deposits equal about 4.5% of the Indian banking system’s deposit base.

Indian banks gain $127b in foreign deposits but margin squeeze looms

The scheme could attract new business, said S&P Global Ratings.

Indian consumers report debt stress despite 90% optimism

Over a quarter struggle to keep up with some credit repayments.

Indian consumers trust AI to compare and apply for loans

About 85% said they would feel more comfortable using an LLM provided to a financial provider they already trust.

Citi cuts India foreign portfolio investors’ registration to five days

The first phase covers the US, Ireland, and Luxembourg.

India card payments set to rise on banking expansion and UPI integration

The PMJDY and JAM initiatives are expanding access to formal banking, said GlobalData.

Bank of India's asset quality to improve but profitability lags peers

The RAM segment will mainly drive its loan growth but NPL will inch up.

Reserve Bank of India names Shri Suman Ray as executive director

Shri Ray previously served as regional director for Maharashtra.

India card payments post five years of growth: GlobalData

Ecommerce expansion is supporting wider adoption of electronic payments in India.

Indian banks’ AI adoption stalls at pilot: survey

None are at a data environment that is fully ready to scale, Zeta found.

InCred launches UHNW wealth platform with three Avendus veterans

It offers personalised wealth, asset allocation, and investing services.

Indian banks raise $4b in bonds on strong global demand

Key transactions include a $1b issuance by ICICI bank, according to Citi.