India Edition

Higher Credit Growth Flags Year of Big Policy Action for Indian Banks

SBI and HDFC Bank are the only Indian banks among the world’s top 100 lenders by total assets.
Signage at a State Bank of India branch in Mumbai. Photographer: Abeer Khan/Bloomberg

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here. Want more? Sign up for Markets Daily India, a subscriber-only newsletter featuring key insights before the trading day starts.

Today, I look at the action building up in the country’s banking sector, and my colleague Advait Palepu analyzes the budget proposal to ease investment rules for Persons Resident Outside India.