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Banks look to get export credit lines ready as US lowers tariff

Banks are poised to reopen credit lines for Indian export sectors following the US's reduction of import tariffs to 18%. This move is expected to quickly revive exports of garments, gems, jewelry, leather, and chemicals, leading to increased demand for bank loans. Public sector banks anticipate leading this export credit rebound in the coming quarters. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/beDVPfl via IFTTT
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A big-bank move is in the works. What it means for India

India is set to boost foreign investment in its state-owned banks. The government plans to raise the foreign direct investment limit to 49 percent. This move aims to strengthen banks and support the nation's ambitious growth plans. Stronger banks will help finance large infrastructure and green energy projects. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/wgynUmN via IFTTT
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Microfinance companies fail to get budget-day wish, hope to bask in others' sunlight

Budget 2026: The microfinance sector did not receive budget credit guarantee support. However, it anticipates that proposals aimed at increasing rural incomes will enhance the repayment capacity of its customers. Focus on fisheries, animal husbandry, and high-value agriculture through credit-linked programs is expected to strengthen income diversification. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/KTVhIml via IFTTT
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India may raise foreign investment cap in state-run banks to 49%

The Indian government is actively conducting inter-ministerial discussions to increase the foreign direct investment (FDI) ceiling in state-owned banks from the current 20% to 49%, financial services secretary M. Nagaraju said on Monday, reported Reuters. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/yRQo8Nm via IFTTT
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View: Beyond basics, clear and present prudence anchors the Budget

The Union Budget emphasizes fiscal discipline and growth. It supports ease of doing business and living, boosting employment. Key initiatives target sunrise sectors and MSMEs. Investments in digital infrastructure, tourism, and healthcare are highlighted. Banking reforms and infrastructure project support are also planned. Public capital expenditure remains a priority for infrastructure creation. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/StcLbh4 via IFTTT
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UPI transactions soar to record at Rs 28.33 lakh crore in January

Unified Payments Interface transactions hit a new high in January. Indians made 21.7 billion UPI payments. The total value of these transactions reached Rs 28.33 lakh crore. This shows a significant increase from the previous month. The growth in UPI usage continues to be strong. This digital payment system is rapidly expanding its reach across the nation. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/BuFvifS via IFTTT
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Budget 2026: Sitharaman proposes high-level committee to review banking sector under Viksit Bharat

Union Budget 2026: India's banking sector is strong with improved balance sheets and high profits. Finance Minister Nirmala Sitharaman announced a high-level committee to review the system. This panel will chart the next phase of reform-led growth. It will also look at the role of Non-Banking Financial Companies. Public sector NBFCs will be restructured to improve efficiency and focus on key sectors. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/7q4Xz6K via IFTTT
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