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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A tumultuous year comes to a close for Indian banks, as they await a revival in borrowing in the new year.
This is the fourth story in the special year-end series where we speak to industry leaders on the year that went by, and what to look out for in 2026.
Last month, India’s finance minister Nirmala Sitharaman said the country needs large, world-class banks and stated an intention to consolidate banks into global behemoths. While it’s true that Indian banks aren’t as big as their international counterparts, banks still rule the roost on the stock markets. They make up a quarter of the BSE Sensex’s weightage—the highest by a mile by any segment. In a way, then, banks are a …
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
High returns, RBI-regulated comfort, and easy withdrawals drew investors in. Now, with repayments drying up, the fintech platform, its NBFC partner, and the regulator are pointing fingers—leaving customers to chase their own money.
The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
