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MUMBAI: Large banks show a continued trend of credit growth outpacing deposit mobilisation in the quarter ended Dec 31, 2025, with most lenders reporting advances rising faster than liabilities, and shifting deposit mix in favour of term deposits over current and savings accounts (CASA).India’s largest private bank HDFC Bank reported gross advances of around Rs…
As 2026 gets underway, it’s advisable to check the bank holiday calendar before planning a visit to the branch. Missing a holiday can quickly turn a bank visit into a wasted trip, particularly in the early days of the year when people are getting back to work and managing their finances. Banks in India observe…
Morgan Stanley has now issued an AI job warning for the banking sector. More than 2,00,000 banking jobs in Europe could be lost in over next four years as lenders are accelerating the adoption of artificial intelligence and planning to close branches, according to analysts at Morgan Stanely. As reported by Financial Times, the investment…
MUMBAI: Soon, banks will be able to independently sponsor funds for managing National Pension System (NPS) assets, as PFRDA on Thursday approved in principle a framework that seeks to remove regulatory constraints that had thus far limited banks’ participation in the pension fund management business. “PFRDA board has approved, in principle, a framework to permit…
The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension funds to manage the government’s flagship National Pension System (NPS), a move aimed at enhancing competition and safeguarding subscriber interests, PTI reported.The PFRDA board “has approved, in principle, a framework to permit Scheduled Commercial Banks (SCBs) to independently…
The new year 2026 has just begun and if your to-do list contains a bank visit, it’s a good idea to check when banks will be closed in January. A missed holiday can easily turn a routine bank visit into a wasted trip, especially in the first few days of the year when people are…
MUMBAI: Stress tests conducted by RBI suggest that Indian banks are at their healthiest point in more than a decade, with bad-loan ratios expected to improve further in the coming months and all banks retaining adequate capital even under extreme stress. According to the Financial Stability Report (Dec 2025), the banking system could withstand a…
India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…
As 2025 comes to an end and the new year is almost here, customers across India are looking for clarity on whether banks will be open on December 31 and January 1. While banks in some states will remain closed on December 31, 2025, others will continue normal operations on New Year’s Eve and the…
Who is Charli D’Amelio? TikTok star age revealed as FaZe Banks grooming allegations spark controversy (Image via Getty) Charli D’Amelio is once again in the spotlight, but this time, it is not because of dance videos. Her name came up after serious online claims were made against Ricky Banks, the former CEO of FaZe Clan….
