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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

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

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

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

The Reserve Bank of India has proposed draft guidelines directing banks and housing finance companies to follow stricter rules while using recovery agents. Banks must give borrowers written details of assigned agents, avoid setting targets that may lead to harsh practices, and not engage agents if a grievance is already filed. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/yBvlUmq via IFTTT

Payment digitisation rose further in the six months to September 2025, extending a year-long trend, the Reserve Bank of India (RBI) said. The RBI’s Digital Payments Index (RBI-DPI) stood at 516.76 in September 2025, up from 465.33 a year earlier and 493.22 in March 2025. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/0pEM7Yn via IFTTT