State Bank of India is aiming to keep its net interest margin above 3% in FY27, banking on easing funding costs as deposits are repriced. But if CASA growth stays slower than credit expansion, SBI may have to rely more on costlier term deposits. To protect margins, it plans faster retail and MSME loan growth while strengthening fee income.
KIFS Housing Finance has appointed Selvin Uthaman as its new CEO. Uthaman previously served as Chief Business Officer at Aavas Financiers, bringing experience in building and scaling retail lending businesses. The move signals a push toward growth in KIFS’ lending operations, with leadership aligned to expanding its retail portfolio and execution capabilities.
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RBL Bank’s Q4 net profit surged 233% year-on-year to Rs 230 crore, powered by strong business expansion and improved asset quality. Net advances rose 23% as the retail segment played a major role. The bank also saw a dip in net interest margin, but overall performance remained robust, signaling healthier growth momentum.
A survey of bankers suggests India’s banks are set for robust non-food credit growth of about 11–13% in January–June 2026. Improving balance sheets and steady economic activity are expected to lift lending, with retail and SME segments driving most of the expansion. Industrial credit is projected to recover more gradually, while monetary policy is widely seen as likely to stay stable.
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