Sector Banks - Latest news, views and updates

Karnataka Deputy Chief Minister D K Shivakumar on Saturday claimed that banks were not cooperating with the Central government's schemes aimed at supporting entrepreneurs, particularly those offering loans without guarantees or collateral. Speaking at the inauguration of the Karnataka Small Scale Industries Association's (KASSIA) Centre of Excellence and Innovation in Bengaluru, Shivakumar underlined the importance of giving the younger generation opportunities to grow. "KASSIA will succeed only if it exerts more pressure on the government than the large industries," he remarked. He criticised the banks for failing to support the Centre's annoucements. "The Central government makes grand announcements like providing loans without guarantees or collateral, but banks do not comply. They prefer lending to those with a proven track record and are hesitant to support emerging entrepreneurs," the Deputy CM said. He urged KASSIA office-bearers to actively work towards empowering the next

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

Fed says banks can withstand economic downturn, clears way for dividend hikes

Economic Times | 28 Jun 2025 3 more

Banks

SECTOR | 28 Jun 2025

Post JP Morgan index inclusion, FPIs turn sellers in FAR securities

Business Standard

After completion of inclusion process of domestic government securities in JP Morgan Indices on March 31, 2025, FPIs have net sold 31,262 crore worth of FAR securities so far

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

Banks

SECTOR | 27 Jun 2025

PSBs' net profit zoomed to 1.78 lakh cr, NPA declined to 0.52%

Business Line

Finance Minister Nirmala Sitharaman asks banks to go for more deposit mobilisation

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

FM asks PSBs to step up deposit mobilisation, deepen corporate lending

Business Standard | 27 Jun 2025

Banks

SECTOR | 27 Jun 2025

JP Morgan upgrades Torrent Pharma to 'Overweight', lifts target; stk up 5%

Business Standard

Torrent Pharma share price rose after JPMorgan reportedly upgraded the company to 'Overweight'. The brokerage also hiked the target price to 3,800, from 3,650 earlier.

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

Banks

SECTOR | 27 Jun 2025

FY26 poised for decent growth amid falling inflation and monetary policy shift: Report

Business Line

The positive outlook can be attributed to interest rates coming down and economic activity picking up, credit demand from banks and non-banking financial companies (NBFCs) is likely to strengthen.

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

India Ratings sees FY26 credit growth at 13-13.5% amid NBFC drag

Business Standard | 26 Jun 2025

Banks

SECTOR | 27 Jun 2025

India's first maritime NBFC-Sagarmala Finance Corporation- sets sail

Business Line

Union Minister Sarbananda Sonowal on Thursday launched the country's first non-banking financial company in the maritime sector - Sagarmala Finance Corporation Ltd (SMFCL).

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

Shipping ministry launches India's first maritime NBFC Sagarmala Finance

Business Standard | 26 Jun 2025

Banks

SECTOR | 26 Jun 2025

Banks' credit growth dropped below 10 per cent as on May 30, 2025

Business Line

Deposit growth decelerated from 10.6 per cent, as on March 21, 2025 to 10.1 per cent, as on May 30, 2025

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.

Banks

SECTOR | 26 Jun 2025

All Banks Need To Swiftly Pass On 50-Bps Rate Cut To Customers: RBI Bulletin

NDTV Profit

The reduction in CRR would release primary liquidity of about Rs 2.5 lakh crore into the banking system by December 2025.

Axis Direct released a Sector Update report for Banks on 08 Jul, 2025.