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Sunday, February 22, 2026
TopicState-run banks

Topic: State-run banks

Merger of state-run banks ‘right move but not at the right time’, says Raghuram Rajan

Former RBI governor Raghuram Rajan says amid the economic slowdown and bad loans crisis, banks will have to focus on mergers instead of better loans.

Shares of PNB, Canara, Union Bank of India & Indian Bank plunge after govt’s merger plans

Concerns over the Modi govt's bank integration process possibly delaying lending approvals has dampened investor sentiment.

More banking consolidations in India can lead to higher efficiency, say RBI researchers

Researchers said state-run banks fared better than private ones as they slowed hiring and adopted technology.

Global analysts are ratcheting up their profit forecasts for Indian equities

Fundamentals of corporate India are improving & projections for next year’s earnings at S&P BSE Sensex Index companies has jumped to a record high.

On Camera

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.