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India’s largest public lender, State Bank of India (SBI) has set a target to increase the share of green advances in its loan portfolio to 7.5–10 per cent by 2030 as part of efforts to support India’s transition towards sustainable financing and low-carbon growth.The country’s largest lender said 25 per cent of these green advances…
Mumbai: Education lending in India is proving unexpectedly resilient. Growth remains brisk and asset quality has improved even as visa curbs for Indian students in some countries and labour-market uncertainty from artificial intelligence cloud employment prospects abroad. Data from Reserve Bank of India show education loans rising 14.8% year-on-year, with banks’ outstanding exposure reaching Rs…
Mumbai: Govt bond yields jumped to an almost 11-month high as state borrowing and tight liquidity rekindled supply-glut fears, pushing the RBI to fast-track bond repurchases and roll out other liquidity measures. The benchmark 10-year 6.48% 2035 yield closed at 6.72%, up from 6.66%, its highest since early March.Sell-off pressure forced an early start to…
Alexander Zverev of Germany (AP/PTI) Melbourne: A couple of stories unfolded simultaneously at opposite ends of Rod Laver Arena on Tuesday. The heat was physical, a wall that pressed in from every corner, but the roof, drawn over the storied arena, eased the worst of the oppressive conditions. Beneath it, world No. 3 Alexander Zverev…
MUMBAI: Kotak Mahindra Bank reported a standalone net profit of Rs 3,446 crore for the quarter ended Dec 31, 2025, up 4.3% from Rs 3,305 crore a year earlier, supported by growth in net interest income and other income. On a consolidated basis, net profit stood at Rs 4,924 crore, a 5% increase from Rs…
BENGALURU: What was first believed to be a tragic death in a house fire has now been uncovered as a brutal murder.A second-year pre-university student has been arrested for the killing of a 34-year-old software engineer in east Bengaluru earlier this month. Police said the accused allegedly smothered the woman after she resisted his advances…
Temur Kuybokarov failed to punish a below-par R Praggnandhaa, giving India No. 2 and his supporters a sigh of relief at the World Cup chess on Thursday. The Australian could not control his nerves and lost a golden chance to floor the second-seeded GM. M Pranesh and SL Narayanan punched slightly above their weight to…
MUMBAI: After briefly catching up with credit growth, bank deposit growth has again begun to lag advances. Early business updates from banks for the September quarter show a mixed trend, with some lenders-such as HDFC Bank-deliberately slowing credit expansion to maintain balance sheet stability. According to RBI data, deposits of scheduled commercial banks grew 10.4%…
