Risk has not been eliminated. It has changed its form—shifting from balance-sheet strain due to non-performing loans to the operational challenges of managing vast, rapidly evolving digital flows.
There are, however, also some incipient signs of stress in the form of shrinking net interest margins & build-up of bad loans in retail segment that need to be monitored.
The Rs 123.25-billion deal, when announced last year, was Axis Bank's biggest-ever acquisition. Citi was among the first international lenders to introduce credit cards in India in 1987.
Accessibility in banking facilities is crucial for financial inclusion of persons with disabilities and for achieving the dream of turning India into a digital economy.
The rating agency says India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels — likely beyond 2023.
Financial firms have an incentive to pretend their borrowers have become miraculously stress-free. Investors know this and are trying to ferret out bad news.
As critics accuse PM Modi of surrendering national sovereignty and India’s moral compass over Iran crisis, declassified documents show the dilemmas he faces are not new.
India has already purchased nearly 16 million barrels of Russian crude so far in March 2026, translating to roughly 1.6 million barrels per day, indicating a sharp uptick.
In a first during his tenure as High Commissioner to India, Riaz Hamidullah addressed JOCAP consisting of tri-forces officers, as New Delhi & Dhaka step up normalisation efforts.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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