The two-day Chintan Shivir of the Department of Financial Services (DFS), Ministry of Finance, concluded successfully in Coorg, Karnataka, with a clear message: India’s financial institutions must evolve boldly to achieve the vision of Viksit Bharat@2047. The high-level deliberations brought together senior policymakers, banking leaders and domain experts to chart…
Tag: #BankingSector
News
IBBI–INSOL Conclave Reviews 10 Years of Insolvency Code
The Insolvency and Bankruptcy Board of India (IBBI), in collaboration with INSOL India, hosted the 3rd International Conclave 2026 in New Delhi, bringing together domestic and global experts to review a decade of the Insolvency and Bankruptcy Code (IBC) and chart the future course of insolvency reforms in India. The…
News
Q3 Performance: DFS Secretary Reviews NARCL Recovery
Shri M. Nagaraju, Secretary of the Department of Financial Services (DFS), Ministry of Finance, chaired a quarterly review meeting with the National Asset Reconstruction Company Limited (NARCL), joined by representatives of all public sector banks. The meeting assessed NARCL’s performance for Q3 and strategic objectives for the upcoming quarter. During…
News
India–New Zealand Conclude Financial Services Annex Under FTA
India and New Zealand have successfully concluded negotiations on the Financial Services Annex of the proposed India–New Zealand Free Trade Agreement (FTA), marking a significant step forward in strengthening bilateral economic cooperation. The negotiations were formally concluded on December 22, 2025, following the final round of talks held earlier this…
News
India–New Zealand Conclude Financial Services Annex Under FTA
India and New Zealand have successfully concluded negotiations on the Financial Services Annex of the proposed India–New Zealand Free Trade Agreement (FTA), marking a significant step forward in strengthening bilateral economic cooperation. The negotiations were formally concluded on December 22, 2025, following the final round of talks held earlier this…
News
Profits Surge, NPAs Decline: India’s Banks Strong
India’s banking sector is emerging from a decade of challenges with renewed strength, stability, and global confidence. Supported by reforms, digital transformation, and disciplined balance sheet management, the sector is delivering its strongest performance in years with record-low non-performing assets (NPAs), robust profitability, and sustained credit expansion. According to data…
News
IDFC First Bank Q2 FY26 Profit Jumps 75.5% to ₹352 Crore
IDFC First Bank has reported a remarkable 75.5% year-on-year growth in net profit for Q2 FY26, reaching ₹352.3 crore, up from ₹200.7 crore in the same quarter last year. The bank’s strong performance reflects steady growth across its revenue and lending operations. Revenue and Net Interest Income Growth The lender’s…