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As of June 2026, CLINT had approximately S$1.7 billion (roughly ₹8,820 crore) of borrowings. As of June, CLINT's assets under management stood at S$3.5 billion.
Published on: August 24, 2026
Vehicle buyers are increasingly taking multiple loans, while the average amount borrowed is also rising, raising potential credit risks for lenders. The trend is most visible in commercial vehicle finance, where borrowers with two or more loans rose to 19.9% in June from 15.7% a year earlier.
Published on: August 24, 2026
Banks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two audit firms. Two audit firms have been de-empanelled from the Agencies for Specialised Monitoring list. Lenders will review the framework for empanelling audit firms further. Public sector banks reported a record net profit in FY26.
Published on: August 24, 2026
UPI has completed a decade of transforming India’s digital payments landscape, with annual transactions soaring from 1.78 crore in 2016-17 to 24,162 crore in 2025-26.
Published on: August 24, 2026
Fino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extension requires approval from the Reserve Bank of India. Merchant took charge after Rishi Gupta's arrest in February. Gupta faced allegations related to GST law violations.
Published on: August 24, 2026
Resona Bank and Tata Capital have announced a new collaboration. This partnership aims to offer enhanced financing solutions for clients in India. Resona Bank also made a USD 20 million investment in Tata Capital Growth Fund III. The collaboration will leverage both firms' local market expertise and networks. Japanese businesses can now access India's growing economic opportunities more easily.
Published on: August 24, 2026
UPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 to 24,162 crore in 2025-26. Transaction value rose to Rs 314 lakh crore, while monthly volumes hit a record 2,366 crore in July 2026. UPI now operates across 11 countries and accounts for nearly 49% of global real-time payments.
Published on: August 24, 2026
India's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using internal cash flows for growth and consolidation. This differs from the earlier debt-heavy boom which relied on bank financing. HSBC India's balance sheet is expanding significantly, crossing five lakh crore rupees. Global capital flows require fresh triggers like reforms or FDI announcements.
Published on: August 24, 2026
Indian banks are in their strongest position in a decade, with gross NPAs near historic lows and robust capital buffers, Motilal Oswal Financial Services said. Banking-sector asset quality has improved sharply, supported by stronger profitability, balance-sheet repair and resilient capital. With credit growth accelerating, healthier banks are better positioned to expand lending and benefit from India’s improving economic cycle.
Published on: August 24, 2026
Bank unions will strike nationwide on September 11 due to unresolved demands. This action follows a government 'negative attitude' towards key union proposals. The strike will impact banking services for four days, including holidays. Further strikes are planned for September 28 and an indefinite one from October 26. Unions seek five-day banking, pension improvements, and a uniform incentive scheme.
Published on: August 24, 2026
Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses from emerging. The current crisis in West Asia is unlikely to significantly affect operations. Furthermore, with a strong government backing, microfinance loans provide more security, and although MSME loans continue to grow, they are still within safe limits for banks.
Published on: August 24, 2026
Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allow standby letters of credit against such deposits. The arrangement could amplify dollar inflows through offshore financing as India seeks to strengthen foreign-exchange reserves and support the rupee amid strong NRI deposits.
Published on: August 24, 2026
Standard Chartered and DBS Bank India recorded the sharpest contractions. The former's card base fell 28% to 581,000, a fall of 227,000 cards, while expenditure fell nearly 18% to Rs 693 crore in June. DBS' India portfolio contracted 29% to 310,000 cards, while expenditure fell 18% to Rs 338 crore.
Published on: August 24, 2026
Artificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real-time controls will become essential building blocks for the financial system. AI will enhance personalized experiences and help identify fraudulent transactions effectively. Consumers will focus on payment outcomes rather than the underlying transaction rails. New guardrails will be necessary as machines increasingly interact autonomously.
Published on: August 23, 2026
Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volumes and robust demand for gold loans. The bank also reported significant CASA deposit growth in the first quarter. It has successfully raised USD 400 million through overseas bond issuance. Further foreign currency inflows are anticipated from FCNR(B) deposits.
Published on: August 23, 2026
By the year 2030, State Bank of India anticipates its total business could reach an impressive Rs 200 lakh crore, mirroring the Indian economy's projected annual growth of seven to eight percent. The bank's Vision 2030 is designed to benefit customers, employees, shareholders, and government stakeholders. With a focus on bolstering capital ratios and enhancing its cost-to-income ratio, SBI sets its course through various economic landscapes.
Published on: August 23, 2026
Commercial vehicle loans will grow significantly over five years. Used car loans are the fastest-growing segment, formalizing credit access. Two-wheeler financing maintains the largest borrower volume, introducing many new customers. Auto loan disbursements are shifting towards higher values, increasing average ticket sizes. Delinquency indicators are improving across most vehicle loan categories.
Published on: August 22, 2026
Indian banks have raised over seventy-two billion dollars through overseas borrowings. These funds were secured from non-resident Indians and other loan sources. Banks have been permitted to use these foreign funds for lending to non-resident Indians. The Reserve Bank of India reported sixty-five billion dollars via FCNR deposits. A discounted forex swap facility for banks will close on August thirty-first.
Published on: August 22, 2026
Establishments can now enrol previously uncovered employees under EPF. This Employees' Enrolment Campaign 2026 offers a one-time opportunity for compliance. Eligible workers will gain access to provident fund and pension benefits. Employers must complete enrolment and remittance through the online portal. The campaign aims to bring more workers into the social security framework.
Published on: August 22, 2026
Indian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency deposit mobilization and healthy credit demand. Systemic credit growth is projected around fifteen percent year-on-year, with FCNR deposits aiding expansion. Asset quality remains stable, and deposit growth has strengthened significantly by end-July. ICICI Securities maintains a positive stance on the banking sector's performance.
Published on: August 22, 2026
Non-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected to stay stable. Vehicle financiers saw accelerated asset under management growth this quarter. Gold financiers experienced moderated growth after new guidelines were implemented. Power financiers continue to show the weakest performance in the sector.
Published on: August 22, 2026
This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank of Baroda together raised a massive $4.4 billion, and the bulk of the proceeds may be used to help fund the leverage for foreign currency non-resident (bank) [FCNR (B)] deposits.
Published on: August 21, 2026
Shriram Wealth aims to target new clients with investable assets from ten lakh rupees. The company will utilize the Shriram Group's extensive branch network for expansion. Artificial intelligence-based solutions are planned for introduction within the next six months. This move follows a joint venture with South African firm Sanlam in June 2025. Shriram Wealth also plans to establish fifty centers across India.
Published on: August 21, 2026
The Reserve Bank of India recently levied fines on two financial firms for regulatory failures. Shri Ram Finance Corporation was penalized Rs 8.10 lakh due to management transitions and a lack of proper risk classification for clients. Meanwhile, Progfin incurred a Rs 2.70 lakh fine for failing to conduct timely risk reviews. Both penalties highlight the significance of compliance with established regulations.
Published on: August 21, 2026
Retirement security relies on habits formed over time. By starting early, investments harness the power of compounding growth, leading to greater returns. It’s essential to account for inflation when planning for future expenses, as it can erode purchasing power. Establishing a disciplined savings plan lays a sturdy groundwork for achieving long-term financial aspirations. Institutions like Kotak Life provide tailored solutions to accommodate various life stages.
Published on: August 21, 2026
AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and transaction legitimacy. New security measures will distinguish between genuine and malicious automated activity. Payment rails may become invisible as consumers focus on speed and reliability.
Published on: August 21, 2026
India’s gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reaching Rs 3.3 lakh cr by May 2026. Tata Capital, Godrej Capital and Aditya Birla Capital are expanding aggressively as lenders shift toward secured retail credit, driven by rising gold prices, strong demand, regulatory changes and India’s vast household gold holdings.
Published on: August 21, 2026
Punjab National Bank and the Indian Army have signed an exclusive memorandum of understanding. This partnership will offer two specialised credit cards for Army personnel. These cards provide benefits like cashback and airport lounge access. The PNB Parakram Credit Card features an environmentally friendly biodegradable design.
Published on: August 21, 2026
Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a majority stake in IDBI Bank. The government and Life Insurance Corporation are finalizing this significant transaction. Fairfax currently holds a substantial stake in the smaller lender CSB Bank. The Canadian investor will either sell its CSB stake or merge it with IDBI Bank.
Published on: August 21, 2026
Over one crore NCMC RuPay smartcards were registered in five months. These cards now serve MSRTC concessional passengers across Maharashtra's villages. The digital passes replace old paper systems, improving verification and reducing misuse. This initiative aligns with Prime Minister Modi's Digital India 'One Nation, One Card' vision. Future plans include retail payments and integration with metro and water transport.
Published on: August 21, 2026
India Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focus on resilience and supply-chain stability for investments. Capital deployment concentrates on manufacturing and financial services sectors. Export-oriented businesses still attract interest despite US tariff uncertainties. India remains an attractive destination due to its market scale and policy support.
Published on: August 21, 2026
While things are changing, insurance is still seen as a bit of a savings and tax product. We are focusing on making protection and annuity more relevant across proprietary and partnership channels, where we are looking at growth of 15% or 16%. The discussion is around protection rather than just premium. We've started focusing very sharply on the young Indian middle clas, says Sumit Madan.
Published on: August 20, 2026
Niva Bupa's allowable expense for FY25 was Rs 2,403.75 crore, while its actual expenses stood at Rs 2,652.12 crore, exceeding the limit by Rs 248.37 crore, according to the regulator's order. Irdai has prescribed limits to ensure insurers control management and operating costs so that a reasonable portion of premiums collected from policyholders is available for providing insurance cover and settling claims.
Published on: August 20, 2026
The upgrade helped Shriram, in which Japan's Mitsubishi UFJ Financial Group (MUFG) bought a significant stake, save 60-80 basis points on a $1.3-billion syndicated loan. One basis point is a hundredth of a percentage point. Managing director and CEO Parag Sharma expects such clauses to become more prevalent as growing focus on credit ratings is expected to determine the rates at which financiers raise money.
Published on: August 20, 2026
Private credit investments were broadly similar to the second half of 2025 levels of $3.4 billion, with refinancing, holding-company funding and acquisition financing serving as key drivers of activity. "The growing share of domestic capital is one of the most significant developments in India's private credit market," Vishal Bansal, partner, debt and special situations, EY India, said.
Published on: August 20, 2026
Urban co-operative banks may be limited in size but face risks far beyond their physical footprint, RBI Deputy Governor Swaminathan J said. He flagged cyber threats, digital fraud and dependence on external service providers as key vulnerabilities, urging stronger safeguards, continuity planning and shared infrastructure to bolster UCBs’ resilience.
Published on: August 20, 2026
Aditya Birla Capital will enter India’s competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of around 1,000 branches over three years. The move comes after Tata Capital and Godrej Capital entered the segment, as diversified non-bank lenders expand secured lending portfolios.
Published on: August 20, 2026
Private credit deployments saw a sharp 61 percent drop in early 2026. This decline occurred amid a volatile macro economic environment and shifting fund dynamics. Domestic funds led nearly three-fourths of the deployments during this period. Real estate remained a favored investment sector for private credit funds. Regulatory changes and bank credit growth also influenced private credit volumes.
Published on: August 20, 2026
Bajaj Finance provides an EMI calculator for loans against property, making it easier to budget for repayments. This tool allows users to estimate monthly payments and overall borrowing costs, as well as compare different loan amounts and repayment durations. By illustrating possible financial commitments, it equips borrowers to make informed choices. The loan application process is also streamlined online for convenience.
Published on: August 20, 2026
When considering a bike purchase, it's vital to ensure it fits within your financial landscape. Assess your income alongside current obligations before determining your loan amount. Using a two-wheeler loan EMI calculator can simplify your comparison of repayment scenarios. Maintaining an equilibrium between your initial contribution, monthly payments, and savings is essential for your financial wellness. Bajaj Finance presents flexible tenure options and financing solutions for qualified buyers.
Published on: August 20, 2026
Niva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expense management limits for the 2024-25 financial year. The company is currently evaluating the order and will take appropriate steps. Niva Bupa stated compliance for the 2025-26 fiscal year and the first quarter. Shares of Niva Bupa closed lower on the BSE following the announcement.
Published on: August 20, 2026
Prudential HCL Health Insurance has officially begun its operations today. The joint venture, backed by Prudential and HCL, enters the large Indian health market. It will leverage AI-powered experiences and a network of over 12,000 hospitals. The insurer plans an omnichannel model combining agency advice and direct-to-consumer digital platforms. Customers can select cover, manage policies, and access support through digitally enabled services.
Published on: August 20, 2026
Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over three years. This strategic expansion complements its existing retail and MSME lending franchise. Diversified lenders are showing increased interest in India's fast-growing gold loan market. Gold loans are witnessing strong structural growth amid rising commodity prices.
Published on: August 20, 2026
Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development strengthens LIC's financial services sector exposure.
Published on: August 20, 2026
Public sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Overseas Bank and Indian Bank led these repeated offerings. Private sector banks showed a sharp contrast with few repeat sales. This highlights challenges in selling large legacy corporate accounts.
Published on: August 19, 2026
Used car financing grew faster than auto loans over five years. The used car finance portfolio reached Rs 1.3 lakh crore by June 2026. Auto loans portfolio grew to Rs 9.9 lakh crore during the same period. Financiers funded used cars despite facing higher stress levels. Overall asset quality in the wheels finance segment is now stabilising.
Published on: August 19, 2026
Banks must measure financial inclusion by effective usage and informed decisions. Technology shifts and consumer behavior necessitate responsive banking systems. Digital inclusion deepens, and AI helps recognize capability across diverse groups. Institutions need skilled people to challenge models and oversee external providers. Prudence requires pooled intelligence and credible alternatives for system resilience.
Published on: August 19, 2026
Siguler Guff has secured $500 million for India's mid-market businesses. The capital will fund founder and family-owned companies in key sectors. Investments will target firms benefiting from domestic consumption and global demand. This strategy focuses on growth capital and operational support for businesses. The firm has already deployed funds into several new ventures.
Published on: August 19, 2026
Starting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indians holding UK pensions, transferring them to Indian QROPS before this deadline becomes vital. This process involves specific forms and an exact completion sequence. Indian pension schemes present a variety of investment options tailored to different risk profiles.
Published on: August 19, 2026
Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality and faster processing with AI integration. Routine finance work like bookkeeping is being automated by AI systems. However, complex decisions still require human judgment and professional expertise.
Published on: August 19, 2026
