Sector Banks - Latest news, views and updates

Aston Villa extended its winning streak to eight games in all competitions with a 2-1 victory against Basel in the Europa League to secure at least a playoff spot. Villa is tied with Lyon and Midtjylland atop the standings of the second-tier European competition on 15 points with five wins from six games. Villa bounced back from a poor start to the season and is now third in the Premier League, including a 2-1 victory over leader Arsenal on Saturday. At St. Jakob-Park in Basel, summer signing Evann Guessand put Villa 1-0 ahead early following a corner kick before Flavius Daniliuc met Xherdan Shaqiri's curling free kick to equalize. Halftime substitute Youri Tielemans needed just eight minutes to place a shot from 20 meters (yards) into the bottom corner of the net to restore Villa's lead for good. Villa manager Unai Emery has won the Europa League trophy four times during stints in charge of Sevilla and Villarreal. Afonso Moreira and Pavel ulc scored inside the opening 11 minutes

Banks

SECTOR | 12 Dec 2025

Banks bring back in-person verification as digital fraud risks escalate

Business Standard

Banks are slowing down fully online account opening after a rise in mule accounts and digital fraud; lenders are now adding in-person checks and branch visits to make customer verification stronger

Banks

SECTOR | 12 Dec 2025

US sanctions Maduro's nephews as pressure campaign against Venezuela grows

Business Standard

The US imposed sanctions on three nephews of Venezuelan President Nicolas Maduro, among others, on Thursday as President Donald Trump looks to inflict further pressure on the South American nation. The new sanctions on Franqui Flores, Carlos Flores and Efrain Campo come a day after Trump announced that the US had seized an oil tanker off the coast of Venezuela. Also included in the sanctions are Panamanian businessman Ramon Carretero Napolitano, six firms and six Venezuela-flagged ships accused of transporting Venezuelan oil. The Treasury's Office of Foreign Assets Control published the list of sanctions on Thursday. The sanctions are meant to deny them access to any property or financial assets held in the US, and the penalties are intended to prevent US companies and citizens from doing business with them. Banks and financial institutions that violate that restriction expose themselves to sanctions or enforcement actions. This is not the first time Maduro's family has been involv

Banks

SECTOR | 11 Dec 2025

Credit growth remains moderate on a high base

Banks

Deven Choksey

Bank credit stood at 10.3% YoY as of H1FY26, slightly below FY25’s 11.0% and lower that corresponding last year H1FY25 13.0 YoY growth pace, indicating moderation rather than a renewed acceleration.

Banks

SECTOR | 10 Dec 2025

Banks step up borrowing via CDs amid deposit tightness; raise 77,875 cr

Business Standard

Outstanding CD issuance tops record 5.7 trn during the period

Banks

SECTOR | 10 Dec 2025

NBFC vehicle-loan AUM to grow 16-17% a year; reach 11 trillion by FY27

Business Standard

NBFCs' vehicle-loan AUM is seen growing 16-17 per cent annually through FY26-FY27 to Rs 11 trillion by March 31, 2027, with used-vehicle loans expected to outpace new loans, Crisil Ratings said

Banks

SECTOR | 10 Dec 2025

2,000 crore returned so far under 'Your Money, Your Right' initiative

Business Line

Indian banks are holding 78,000 crore of unclaimed money, while insurance companies have nearly 14,000 crore lying unclaimed