Public Sector Banks (PSBs) in India achieved a historic milestone in the 2025-26 financial year, reporting an all-time high net profit of Rs 1.98 lakh crore. According to a statement released by the Ministry of Finance on Tuesday, this performance marks the fourth consecutive year of profitability, underscoring a period of sustained financial health and…
State Bank of India (SBI) Chairman CS Setty announced this week that the nation’s largest lender expects to maintain net interest margins (NIMs) above 3% throughout the coming fiscal year. Speaking from the bank’s headquarters in Mumbai, Setty confirmed that the institution is poised to achieve loan growth between 12% and 15%, supported by a…
Bank credit in India expanded by 15.9% during the fiscal year 2026, reaching a total of Rs 212.9 lakh crore, according to data released by the Ministry of Finance this week. This robust growth underscores a sustained surge in credit demand across both corporate and retail sectors, fueled by heightened capital expenditure and ongoing structural…
Driven by robust demand for retail credit and service sector financing, commercial banks in the country reached a credit growth rate of nearly 16% in the 2026 fiscal year. This surge reflects a broader trend of increased consumer spending and corporate investment, with personal loans emerging as the primary engine of expansion across the banking…
India’s banking sector is transitioning into a period of heightened structural pressure, according to a recent report by McKinsey & Company released in New Delhi this May. Despite a recent tenure of strong profitability and improved balance sheets, institutions now face a confluence of margin compression, escalating operating costs, and evolving credit risks that threaten…
Bank credit growth in India accelerated significantly in March, with lending to the industrial sector climbing by 15% year-on-year, according to the latest data released by the Reserve Bank of India (RBI). This robust expansion, supported by sustained demand across services and retail portfolios, highlights a resilient credit environment as large corporations and Non-Banking Financial…
