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Rising middle class, talent make India a good place to invest in: Bernard Mensah, President of International, Bank of America

Bank of America's Bernard Mensah sees India as a prime investment destination, citing its growing middle class, strong institutions, and reformist government. The bank is increasing its India limits, anticipating more M&A activity fueled by regulatory liberalization and a focus on supply chain resilience. Despite geopolitical risks, Mensah believes capitalism's core architecture remains intact. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ht7E5IQ via IFTTT
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Three senior bankers including country head at Raine Group are said to depart advisory firm

Three senior bankers at Raine Group’s India unit, including country head Gaurav Mehta, are set to leave the boutique advisory firm to start a new investment banking venture, according to people familiar with the matter. Managing directors Naveen Asopa and Girish Punjabi are also departing. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ifTpcJH via IFTTT
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Avendus to help Mizuho link India, Japan, US and Europe: Masahiko Kato, Global CEO

Mizuho Bank aims to build a Japan-India investment corridor using its banking strength and the Avendus Capital acquisition, as CEO Masahiko Kato highlights rising Japanese investor interest and India’s growing strategic appeal. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/kqRcrBs via IFTTT
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RBI allows banks higher acquisition financing limit

Indian banks can now finance company acquisitions. The Reserve Bank of India has allowed lenders to fund up to 20% of their capital for these deals. This opens new credit growth avenues for Indian banks. They can lend up to 75% of the acquisition value for both listed and unlisted companies. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Fo6JyOK via IFTTT
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RBI approves a third term for AU Bank managing director Sanjay Agarwal

The Reserve Bank of India has approved Sanjay Agarwal's re-appointment as Managing Director of AU Small Finance Bank. This marks his third term, effective April 19. The approval comes as the bank aims to become a universal lender. AU Small Finance Bank is currently the largest small finance lender in India. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/6CGNjIu via IFTTT
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PSBs gain share in credit card spending

Public sector banks have significantly increased their share in credit card spending, reaching 22.2% in December 2025. This growth is attributed to higher usage by existing cardholders, robust festive demand, and expanded reach into salaried segments, particularly driven by large PSBs like SBI Cards. The integration of RuPay credit cards with UPI has also fueled this expansion. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Wt4qbXv via IFTTT
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CreditAccess Grameen gets more suitors

HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially strong and poised for growth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/IoaUfXA via IFTTT
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