Indian public sector banks are aggressively expanding their retail loan portfolios. They are growing faster than private sector banks in this segment. State Bank of India, Bank of Baroda and Punjab National Bank are leading this growth. Private banks are becoming cautious due to rising defaults in unsecured loans.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025