India

India card payments post five years of growth: GlobalData

India card payments post five years of growth: GlobalData

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

Indian banks’ AI adoption stalls at pilot: survey

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

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.

IDFC First Bank poised to outpace Indian banks on NIM and loan growth

The bank has the highest NIM of all India-based banks rated by S&P.

Standard Chartered secures in-principle GIFT City wealth approval

Eligible investors can access four diversified portfolios.

Indian private banks bet on retail loans and foreign deposits

Lenders want to increase their share of high-yielding and predominantly retail loans, said S&P.

India’s infrastructure bank targets Uttar Pradesh funding gaps

The partnership will provide debt-raising and credit enhancement services.

NaBFID loan book grows tenfold to $10.76b in three years

Loan book expansion is expected to continue over the next few years.

India private banks bet on foreign deposits as margins shrink

Of the four largest private banks, only ICICI bucked the trend.

Indian private banks on track for robust loan growth

ICICI led in terms of returns, logging a return on assets of 2.46%.

ICICI Bank Q1 profit surges 15.9% to $1.6b on more loans and fees

Both its loan portfolio and fee income recorded double-digit growth.

India's NBFCs shed two years of stress and enter earnings uptrend

An impending influx of foreign deposits will also benefit the NBFCs.

Dark patterns affect 4 in 5 Indian payment users

82% report interface interference on Indian payment apps.

Ujjivan Small Finance Bank rolls out mutual fund distribution services

It is available multi-channel such as via internet banking and mobile banking.

Indian banks to post 10.1% profit growth in Q1 as NIM outlook splits

HDFC, ICICI, and Axis Bank may report a marginal NIM decline, Motilal Oswal said.