The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Smriti Mandhana and Shafali Verma sizzled with the bat as India coasted to an emphatic 95-run win over the Netherlands in their Women's T20 World Cup match.
IPL 2026 champions Royal Challengers Bengaluru have no immediate plans to follow rivals and buy franchises in overseas leagues, co-owner Satyan Gajwani said.
Goa is set to host the 5th Asia Cup Bridge Championship from June 21 to 27, attracting 350 players from 16 Asia-Oceania countries. India, having previously hosted in 2018, will field strong 'A' and 'B' teams across various categories, including Asian Games medallists, aiming to add to its 20 previous medals.
As the rupee weakens, wealthy families are accelerating investments in global assets.
The Indian Army has removed several colonial-era vestiges from its dress regulations, the mandatory carriage of swords by Reviewing Officers, and the use of pouch belts with certain mess dresses. It has also dropped the use of archaic terminology such as "Royal".
Indian women's cricket captain Harmanpreet Kaur maintained the BCCI's 'No Handshake' policy with Pakistan's Fatima Sana at the toss of their T20 World Cup match, a policy reportedly initiated after a terror attack and military operation last year.
Prime Minister Narendra Modi on Sunday used two major public engagements in Kolkata to outline a broader vision for India's future -- one rooted in inner balance and collective well-being through yoga, and the other in national self-reliance and maritime strength.
Customs officials at Delhi airport seized 115 smuggled gold bars weighing 3.5 kg from an American national of Indian origin, who allegedly concealed the contraband in a specially designed belt.
The National Rifle Association of India (NRAI) is conducting an ISSF 'B' judges course for rifle and pistol disciplines in Surajkund, bringing together 31 technical officials. The programme, led by international and Indian experts, aims to enhance officiating knowledge and skills according to the latest ISSF rules, contributing significantly to the development of shooting sport in India.
A suspected Pakistani drone was sighted over a forward village along the International Border in Rajouri district, Jammu and Kashmir. The drone, seen moving from Pakistan-occupied Kashmir, briefly hovered before returning. Security forces conducted a search operation for potential payloads but found nothing objectionable.
Virat Kohli recently spoke about his retirement from Test cricket and his new shoe launch.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
As Prime Minister Narendra Modi urges Indians to travel less, rising fuel prices are already changing driving habits.
India is set to host the Asian Senior Fencing Championships for the first time from June 19-24 in New Delhi, featuring athletes from 34 countries, including Olympic medallists. The event is a direct qualifier for the Asian Games and offers ranking points for the 2028 Los Angeles Olympics, with Indian Olympian Bhavani Devi leading the home challenge.
Indian archer Dhiraj Bommadevara secured a golden double at the Archery World Cup in Antalya, winning his maiden individual gold by defeating Paris Olympics bronze medallist Lee Woo Seok, hours after claiming the recurve mixed team title.
In a touching tribute on Father's Day, Professor Asim Kumar Mukherjee pens a touching tribute to the most amazing man he has ever known -- his father, Bimal Kumar Mukherjee.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
Indian benchmark indices, Sensex and Nifty, extended their winning streak for a fourth consecutive session, driven by a significant drop in crude oil prices following a peace deal between the US and Iran. This development has fuelled investor confidence and buying activity across the market.
India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.
Indian javelin throw superstar Neeraj Chopra is set to make his competitive return at the Doha Diamond League on June 19. The Olympic champion has been recovering from a back injury that kept him out of action earlier this season. His management firm confirmed his participation via Instagram.
Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.
Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.
BCCI secretary Devajit Saikia stated that India's roadmap for the 2027 World Cup, including discussions on senior players like Rohit Sharma and Virat Kohli, is confidential and not for public consumption. He also clarified that the BCCI adheres strictly to the Government of India's policies regarding bilateral tours, such as the potential resumption of ties with Bangladesh, without concern for the political situation in other countries.
Work has commenced on restoring the North and South Blocks to their original design, paving the way for the Yuge Yugeen Bharat National Museum project, with a target completion date for the first phase set for 2028.
Akshay Bhatia, Sahith Theegala, Aaron Rai and Sudarshan Yellamaraju will represent Indian talent at the PGA Championship at Aronimink Golf Club. These rising stars are poised to make a significant impact, while top contenders like Scottie Scheffler and Rory McIlroy also vie for the Wanamaker Trophy.
The Indian government has officially refuted social media claims regarding a leak of the UPSC Civil Services Preliminary Examination question paper. The Press Information Bureau's Fact Check wing labelled these allegations as "fake," clarifying that an institute's backdated answer key explanations were misinterpreted, not indicative of a leak.
The Indian women's hockey team will tour Australia for a four-match series from May 21 to June 3 as part of its preparations for next month's Nation's Cup in New Zealand, which is a pathway to the elite FIH Pro League.
Italian Prime Minister Giorgia Meloni has strongly rebuked former US President Donald Trump's claims that she 'begged' for a photo-op at the G7 summit, dismissing his remarks as 'utterly fabricated' and asserting, 'Italy and I never beg.'
Indian Pacer Prasidh Krishna took a career-best 5/23 to restrict Afghanistan to 218 in the third ODI, despite a valiant maiden century from skipper Hashmatullah Shahidi
Trump lauded the defence relations between India and US and affirmed support precisely for the PM Modi-led nation during conflict situations.
Experienced India international defender Rahul Bheke has signed a one-year contract with Mohun Bagan Super Giant. The versatile 34-year-old, who has previously played for Bengaluru FC, Mumbai City FC, and Kerala Blasters, expressed his excitement about joining the "best club in the country" and aims to win trophies, including the Kolkata derby.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Jyoti Gulia and Aakash have been added to the Indian boxing squad for the World Boxing Cup Stage 2 in Guiyang, China, after Boxing Federation of India President Ajay Singh intervened to ensure their participation despite not being initially part of the government-sanctioned contingent. Their inclusion expands the Indian team to 20 boxers.
Virat Kohli was on Sunday named in India's squad for the three-match ODI series against England next month, subject to fitness clearance.
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
India's junior women's hockey team is set to embark on a tour of the United Kingdom from July 5 to 14, playing seven matches against various international U-21 teams and Scotland's senior side. This tour, led by new coach Tim White, is crucial for the team's preparation for future competitions and aims to provide valuable international exposure.
Lieutenant Sheetal Melhan is among the first batch of women officers to graduate from the Indian Military Academy. Her parents speak about how her extraordinary achievement is a culmination of their family's dreams.
Cross-border drones successfully dropped arms and ammunition as deep into Kashmir as the Baramulla district without detection, according to a National Investigation Agency (NIA) chargesheet filed in the last year's audacious Pahalgam terror attack case.
Indian javelin throw superstar Neeraj Chopra would hope that his lengthy injury-forced absence from competition does not affect his rhythm when he returns to action against an in-form line-up of heavyweight rivals in the familiar environs of the Doha Diamond League on Friday.
