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LIC to decide on health insurer stake purchase in 2-3 months

Mumbai, May 27 -- Life Insurance Corporation of India's board will decide on the proposed stake purchase in a health insurer in the next two to three months. "The discussion is almost at a final stag... Read More


Govt gets a seat on India's new payments regulator. Here's why

Mumbai, May 27 -- India's decision to establish a new regulatory board with government representation reflects the desire to manage and control the critical digital public infrastructure, including th... Read More


PSU banks gain market share in mortgage loans as private lenders slow down

Mumbai, May 22 -- Public sector banks have been gaining market share over their private sector peers in mortgage or home loans, thanks to an aggressive push in tier-3 cities and beyond, and as private... Read More


Bank, NBFC investments in AIFs may get smoother

New Delhi, May 20 -- Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund (AIF) schemes, in a relief for the sector that faced a ce... Read More


PNB Housing eyes affordable, emerging segments to boost loan yields

Mumbai, May 14 -- After grappling with slower growth and elevated non-performing assets (NPAs) in its commercial loan portfolio, PNB Housing Finance is shifting its focus to profitability and margin m... Read More


Mint Explainer: How RBI's new digital lending rules will impact lenders and borrowers

New Delhi, May 10 -- The Reserve Bank of India on 8 May issued consolidated 'digital lending directions' with two new sets of instructions-one for arrangements by digital lenders or lending service pr... Read More


Amid retail stress, loan write-offs surge in FY25 as banks eye low NPA ratios

Mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs have he... Read More


Are banks hiding weak asset quality with higher loan write-offs?

New Delhi, May 9 -- Mumbai: India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-o... Read More


Banks clock better loan quality in Q4 on write-offs

mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal year (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs ha... Read More


Bank of Baroda's margin pressure to continue before easing in FY26 second half

Mumbai, May 6 -- Pressure on Bank of Baroda's margins will continue during the ongoing and second quarters of 2025-26 as the cost of deposits continues to reprice with a lag, according to managing dir... Read More