Indian banks, despite recent pledges to attain net-zero emissions by the year 2070, are under scrutiny for their sluggish response to climate-related challenges. A report published by climate risk horizons has underscored a substantial deficiency in the Indian banking industry's readiness to tackle climate risks.

Banks' climate preparedness gap threatens India's stability

In a remarkable turnaround, the public sector banks in India have scripted an inspiring tale of financial success. Cumulative profits of PSBs have crossed the ₹1 lakh crore-mark in the fiscal year ending March 2023.

The Turnaround Story of India's Public Sector Banks

Reserve Bank of India (RBI) announced three months moratorium on EMIs after the lockdown in India. Banks have now issued clarification on EMI relief.

India: Banks issue clarification on EMI relief

Heavy rainfalls, damage of perishable fruits and vegetables, rising crude oil prices, higher raw material cost, and risen wholesale prices - the inflation rate in India is likely to pass 4 per cent marked target of RBI for the month of November.

India's November inflation likely to exceed RBI's 4 per cent target

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Banks' climate preparedness gap threatens India's stability

The Turnaround Story of India's Public Sector Banks

India: Banks issue clarification on EMI relief

India's November inflation likely to exceed RBI's 4 per cent target