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India's Index of Industrial Production (IIP) likely grew 4.3 per cent year-on-year in March 2025, improving from 2.9 per cent in February, according to a report by Union Bank of India.

India witnessed a significant surge in credit card spending, reaching a record Rs21.16 lakh crore in FY25, marking a 15% increase fueled by robust consumer demand and a shift towards digital transactions. While new card issuances saw growth, some banks experienced declines, and lenders are now prioritizing credit quality and cross-selling strategies.

Federation of Indian Micro and Small & Medium Enterprises requests revisions to banking rules. The aim is to help MSMEs facing temporary financial difficulties. Fisme suggests introducing human review before classifying loans as SMAs. They also want easier guidelines. The body highlights flaws in third-party rating agencies' evaluation methods for MSMEs. These changes are sought to ensure smooth credit flow.

Bank of Maharashtra's net profit rises 22.6% to Rs1,493 crore, with NII up 20.6% in Q4 2025.

Indian Bank reduces home and vehicle loan rates to 7.90% and 8.25%, offering benefits like discounted fees and zero documentation.

Indian Bank reduces home loan and vehicle loan interest rates, offering relief to borrowers with additional benefits.

Shriram Finance reported a smaller-than-expected fourth-quarter profit on Friday as high finance costs pressured its bottom line, despite the central bank easing some rules around capital requirements.

State-owned Bank of Maharashtra (BoM) on Friday reported a 23 per cent rise in net profit to Rs 1,493 crore in the March 2025 quarter on the back of core income and reduction in bad loans.

IDFC First Banks Q4FY25 profit is expected to drop 52-60% YoY, with estimates ranging from Rs 288 crore to Rs 347 crore. Net interest income is forecasted to grow 12-13%, but rising provisions and asset quality concerns will pressure profitability. Loan and deposit growth remain healthy.

In the April 25 edition of Moneycontrol Pro Panorama: Pakistan-India's neighbour from hell, water war could hurt Pakistan more than military action, scandals such as Gensol need real consequences, banking to minors is a risky move, and more