India’s Banks Strengthen Balance Sheets as NPAs Reach Record Low
India’s banking sector has shown significant improvement in asset quality, with non-performing assets (NPAs) declining to record low levels, reflecting
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Industry News
Major Private Banks Reduce Workforce as AI Adoption Reshapes Banking Operations
Major private sector banks in India have reduced their workforce by around 10,114 employees in FY26, highlighting the impact of
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Indian Bank Raises USD 400 Million Through GIFT City Branch
Indian Bank has raised USD 400 million through its branch at GIFT City, Gujarat, strengthening its foreign currency funding capabilities
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SBI Chief Expects Consumption Demand to Sustain Economic Growth
The State Bank of India (SBI) chief has expressed confidence that consumption demand will remain a key driver of India’s
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Global Banks Increase Focus on India’s Growing Credit Market
Global banks are increasing their focus on India’s expanding credit market as strong economic growth, rising business activity and increasing
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Indian Banks Turn to Observability as AI Moves from Experimentation to Production
Indian banks are increasingly focusing on AI observability as artificial intelligence systems move from pilot projects into large-scale production environments.
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Public Sector Banks Lose Share in High-Value Business Segment
Public sector banks (PSBs) are witnessing a decline in their share of high-value banking business as private sector and foreign
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India Moves Closer to Universal Banking Coverage
India is approaching universal banking coverage as financial inclusion initiatives, digital infrastructure and expanding banking networks continue to improve access
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Genpact Launches Banking Analyst Suite Using Agentic AI for Regulated Banking Operations
Genpact has launched the Banking Analyst Suite, an agentic artificial intelligence (AI)-powered solution designed to support regulated banking operations by
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Parliament Clears Tax Bill, UPI to Remain Free for Users
Parliament has cleared the Taxation and Other Laws (Amendment) Bill, 2026, which includes changes to the legal framework governing digital
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