banking sector News

Banking Sector Breaks Records with Rs 1 Lakh Crore Profit in Q4FY25

The banking sector achieved a historic milestone with a consolidated net profit exceeding Rs 1 lakh crore in Q4FY25, driven by treasury gains and recoveries from bad loans, despite...

Digital Transformation Leads to Workforce Reductions in Banking Sector

Banks are increasingly adopting automation and AI, leading to workforce reductions. This shift towards digitalization is reshaping the banking sector, with a focus on enhancing eff...

Banking Sector Braces for Impact: Rising Bad Loans Set to Undermine Profits by FY26

The banking sector is poised for a profitability decline by FY26 due to rising bad loans and higher credit costs, with unsecured retail loans identified as a major risk factor, acc...