Indian Banking Industry News & Updates
The 'delusional' optimist: Harshil Mathur on Razorpay's journey, challenges
“There are many things to pick from, but one can only choose a few,” says Razorpay cofounder Harshil Mathur, flipping through the menu at the chic pan-Asian restaurant, By the Mekong, in Mumbai. It is evident that he’s not referring to the food choices before him.
SBI lowers lending rates following RBI policy rate cut, home and personal loans become cheaper
State Bank of India, the country's largest lender, has reduced its lending rate by 25 basis points following the Reserve Bank of India's policy rate cut, making loans cheaper for both existing and new borrowers.
Listing won't alter our investment philosophy: ICICI Pru AMC MD & CEO
India is a market where scalable businesses with lower margins and higher volumes create enduring value, says Nimesh Shah, managing director (MD) and chief executive officer (CEO) of ICICI Prudential AMC. In an email interaction with Abhishek Kumar, amid the asset manager’s Rs 10,603-crore IPO, Shah said growing volumes will continue to support profitability and will more than offset the telescopic pricing impact.
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RBI to conduct Rs 50,000 crore OMO purchase on December 18
SIP flows steady; active equity AUM climbs to ₹44.4 lakh crore in November
New Delhi: India's mutual fund industry witnessed a rebound in equity inflows in November 2025, supported by steady systematic investment plan (SIP) contributions and a recovery in lump-sum investments, according to a sector update by Nuvama Research. Monthly SIP inflows remained robust at ₹29,400 crore, broadly flat on a month-on-month basis, underlining continued retail participation despite market volatility, the report said.
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