"indian-banking-sector"

SBI Research said FCNR-B inflows of $13-14 billion could raise bank deposit growth to 15% in FY27, narrowing the credit-deposit gap. Despite strong lending growth, Indian banks remain well-capitalised with low NPAs, supported by consumption, infrastructure and investment demand

While financialisation is strengthening capital markets, it is weakening low-cost deposit base that has long sustained bank lending and profitability

Small and medium scale merchants such as local retail shops, grocery stores, pharmacies, etc., that have an account with Bank of Baroda, and are registered on the bobMerchant App, can now independently design and run cashback/loyalty programmes

Public sector bank keen to serve priority sectors and startups, says new Zonal Head, Man Mohan Gupta