In 2022, the country’s largest banks posted double-digit pre-tax profits.
Asia-Pacific
Latest articles from India

Proposed regulations may negatively impact India’s bond market
August 17, 2022SEBI’s new regulatory plans for the corporate bond market have the best of intentions, but risk impeding much-needed growth.

India’s banks navigate competitive landscape
July 1, 2022After a difficult period immediately before the Covid-19 pandemic began, India’s banks are now moving forward in renewed health.

State of play: India’s banks in 2022
July 1, 2022Mergers and acquisitions, and rising revenue from digital payments, are boosting the size of State Bank of India’s main competitors.

India home to rising number of fintech unicorns
October 27, 2021India’s mobile payments market is forecast to grow 41% annually and be worth more than $2bn by 2024, fuelling a surge in fintech start-ups gaining unicorn status.

State of play: India’s banks in 2021
July 12, 2021As they come through the pandemic, India’s large public sector banks are completing mergers with smaller banks, while both public and private sector banks are expanding their digital offerings.

Digitisation helps Indian banks to survive pandemic stresses
June 23, 2021India’s banks have continued to evolve during the Covid-19 crisis, leading to hopes of a quick bounceback.

Can India’s economy withstand the Covid-19 surge?
May 4, 2021As India grapples with a brutal second wave of Covid-19, its economy is holding up.

Rocky road ahead for Reserve Bank of India’s reform effort
March 25, 2021One of the Indian central bank’s priorities should be to ensure private and public banks operate on a level playing field.

The advantages of lending to India’s underbanked population
March 18, 2021The latest data on India’s banking sector challenges the view that loans to disadvantaged sections of society are more risky.