RBI may cut repo rate by up to 100 bps more in current easing cycle, experts say
The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, economists say. The RBI, under Governor Sanjay Malhotra, has cut repo rate twice successively by 25 bps each to 6 per cent currently.

Pradhan Mantri Mudra Yojana: Beyond the decadal journey to empower India
It is universally acknowledged that micro, small and medium enterprises (MSMEs) form the backbone of the Indian economy. It is estimated that MSMEs contributed about 30.1 per cent to the country’s gross value added (GVA) in 2022-23, while their contribution to India’s total exports was 45.79 per cent in 2024-25.

Deposit interest rate cuts likely to be moderate in current cycle
 

SBI, two other PSBs cut loan rates by 25 bps
State Bank of India, Bank of India and Bank of Maharashtra have decided to cut lending rates by 25 basis points (bps) from today, making loans cheaper for both existing and new borrowers, following the Reserve Bank of India’s (RBI) decision to lower the repo rate last week.

‘Grahak Mitras’ to shepherd SBI customers towards alternate banking channels
State Bank of India (SBI) plans to engage the services of personnel from its wholly-owned subsidiary, State Bank Operations Support Services (SBOSS), to shepherd its customers towards alternate banking channels.

Banks likely to see NIM compression in Q4 on rising slippages
Banks are likely to witness a spike in bad loans in the fourth quarter, driven by rising delinquencies in the unsecured and microfinance segments. Slowing credit growth, tight liquidity and elevated deposit rates are expected to squeeze net interest margins. Banks are also expected to see a decline in low-cost current and savings account (CASA) ratios.

PSBs red flag technical glitches in implementing PM Vidyalaxmi scheme
 

PruTech to lead the digital transformation of the Bihar state Cooperative Bank Ltd.
 

TJSB Sahakari Bank plans to acquire two more UCBs and expand its business
 

BofA seeks to rebuild India investment banking team post probe, resignations
Bank of America Corp. is rebuilding its investment banking team in India after a string of senior resignations and scrutiny over share sales rocking local operations last year, said people familiar with the matter.
 

ICICI Securities expects Aadhar Housing Finance shares to jump 20% in 12 months: 3 reasons why
The brokerage house ICICI Securities, in a research note, sees 20% upside in Aadhar Housing Finance. It has a Buy rating on the stock with a target price of Rs 550. The brokerage believes the company is attractive in the affordable housing finance segment on the back of a robust business model. This combined with efficiency, stability, and prudent underwriting practice leads to a healthy and sustainable performance across cycles.

Bank of India cuts home loan rates by 25 basis points, effective April 15
State-owned Bank of India on Monday said it has reduced the interest rate on home loans by 25 basis points for both existing and new customers, effective April 15. With the revision in rates, the home loan rate for the bank now stands at 7.90 per cent based on customers’ CIBIL score.

Minimising payout on home loan: Boost credit score, prepay, cut tenure
 

Explainer: Will RBI’s move rein in the gold loan rush?
Shares of leading gold loan financiers have taken a hit after the Reserve Bank of India released draft norms for lending against gold. While non-banking financial companies have downplayed the impact, the proposed guidelines could dampen growth in the sector, explains Narayanan V

N. Chandrasekaran changed Tata Capital. Now, the company is prepping for an IPO
Mumbai: In the next six months, if everything goes to plan, the Mumbai-based $365 billion Tata group may well get its first publicly traded financial services company.

Surge in gold loans, NPAs: Will the proposed RBI norms achieve what is set out to do — moderate growth?

Mumbai : The Reserve Bank of India’s (RBI) impending framework for gold loans has come amidst a significant surge in gold loan outstanding and non-performing assets (NPAs) in the segment. The sustained rally in gold prices has driven the growth in gold loans, as consumers tap into the rising value of their gold assets. Simultaneously, banks and financial institutions have witnessed a substantial increase in gold loan disbursals, leading to a corresponding rise in NPAs. RBI data reveals that NPAs in gold loans have jumped 28.58 per cent in a year and loan outstanding grew by 27.26 per cent.

Tether emerges as major crypto lender since collapse of the sector
The largest stablecoin issuer, Tether Holdings SA, has become one of the major sources of liquidity in the digital asset market since the crash that nearly wiped out the entire crypto-lending sector several years ago.
 

Go for low-duration funds now
Investing in low-duration mutual funds has emerged as a timely opportunity as interest rates fall. These funds balance stability and returns, making them an ideal choice for those looking to park surplus funds while aiming for better yields than traditional savings instruments.

Nippon, ICICI Pru lead MF AUM growth in FY25; Motilal Oswal doubles assets
Among the top 10 fund houses by AUM, Nippon India MF registered the highest asset growth at 29 per cent in the financial year (FY) 2025. Its average AUM in the quarter ending March 2025 stood at ₹5.6 trillion compared to ₹4.3 trillion in the quarter ending March 2024. In absolute terms, the second-largest fund house ICICI Prudential gained the most with its average AUM growing by ₹2 trillion during the year. Its average quarterly AUM went up 29 per cent from ₹6.8 trillion in the fourth quarter (Q4) of FY24 to ₹8.8 trillion in Q4FY25. Tata, Kotak and HDFC were the other fund houses in the top 10 that managed to grow faster than the industry.