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Searched Tag: non banking financial companies nbfc sector
Top banking institutions in the country are mulling over the creation of a ‘national financial grid’ that allows real-time data sharing across the banking and financial sectors to help consumers avoid digital fraud

Unified open-access grid to mitigate digital frauds: SBI chief

November 19, 2025, 01:09 PM - 2 min read

Speaking at the CII Financing Summit in Mumbai on Tuesday, the Chairman of India’s largest private sector bank, the State Bank of India (SBI), CS Setty, said he had pitched for a grid that “connects all parts of the ecosystem to check fraud”

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Banks see sixth straight year of profit growth in FY24: RBI

Banks see sixth straight year of profit growth in FY24: RBI

December 27, 2024, 01:22 PM - 3 min read

“Banks’ profitability increased for the sixth consecutive year in 2023-24 and continued to rise in H1 2024-25, with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent,” stated the Report on Trend and Progress of Banking in India 2023-24.

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