Banking

The Mauritius-based IIHL, with a net worth of US$1.26 billion as of August 31, 2025, has investments across the Banking, Financial Services, Securities, and Insurance (BFSI) sectors.

Insurance agents & associations likely to take up GST issue with IRDAI, Finance Ministry

While strict cost caps has forced private insurers to pass GST burden to agents, PSUs like LIC, New India Assurance, Oriental and United India have decided to absorb loss

IndusInd's loan book shrinks, Yes Bank slowdown contrasts private peers' strong deposit growth in Q2

The deposit growth of the private banks remained in the range of 7.1-15.1 percent year-on-year in Q2FY26, higher than 9.28-12.13 percent growth registered by state-owned lenders.

IndusInd Bank hires former Yes Bank executive Pankaj Sharma as head of business transformation

Pankaj Sharma is seen as taking over from Anil Rao, the current head of operations at IndusInd Bank. Anil Rao is set to superannuate in a few weeks and may not to seek an extended tenure.

Rupee opens 4 paise higher at 88.74/USD on support from IPO inflows

The local currency opened at 88.74 against the US dollar, as compared to 88.7825 against the greenback at the previous close.

Banking Central | What does the monetary policy mean for you and your budget?

Decoding the RBI's October review: Rate cuts remain distant, EMIs stay where they are

Will banking stocks react to a tepid Q2 FY26?

A pick-up in demand, along with fiscal and monetary measures, to support credit growth

OPINION | Vault Matters: Big-ticket corporate loans return, but stress lurks

With India Inc’s financial health at its best and loan growth remaining anemic despite efforts, the regulatory nudge towards big-ticket corporate loans is understandable. But who will lend in this cycle and more importantly, what happens to cautious lending are key questions ahead of the sector.

RBI's risk-based deposit insurance premium: A prudent push, but the real trust booster lies in hiking coverage limits

While the proposal incentivises banks to manage risks better, without raising the Rs 5 lakh insurance cap, depositors' confidence in the system remains shaky amid rising uncertainties

RBI Policy: Details of measures announced to promote ease of doing business

These measures include consolidation of large number of circulars and directions of the RBI, measures related to strengthen export sector, and review of restrictions on transaction accounts.

Dovish Pause: prudence amidst uncertainty

The statement clearly articulated that the current macroeconomic conditions and the outlook have opened up policy space for further supporting growth.

RBI MPC Analysis: It’s a pro-banks, pro-India Inc economic policy

Even if devil lies in details, many demands of the banking sector have been granted in one stroke of the wand. Over the next 3 – 5 years, some of the regulatory decluttering can go a long way in reshaping the business of banking.

RBI permits balances in Special Rupee Vostro Account to invest in corporate bonds, commercial papers

The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5 percent on October 1, second time in a row.

RBI to introduce principle-based framework for NBFCs to rationalise risk weights on operational infrastructure projects

The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5 percent on October 1, second time in a row.

RBI guidelines on bank business and investment drops proposed bar on overlap with group firms

The circular envisages to streamline the activities being undertaken by banks and their group entities while providing more operational freedom to the banks and NOFHCs for equity investments and setting up group entities respectively, RBI said.

RBI allows AD banks to extend rupee loans in Bhutan, Nepal, Sri Lanka

The MPC also announced additional measures, including the inclusion of select currencies of India’s major trading partners in the list of reference rates published by Financial Benchmarks India Ltd

RBI proposes enabling framework for banks to finance acquisitions by Indian corporates

The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5 percent on October 1, for the second time in a row.

Rural inflation expected to ease as consumer confidence improves: RBI MPC

According to a RBI report, households in rural and semi-urban areas reported a slight uptick in their current perception of inflation, which rose by 10 bps to 5.9 percent compared with the previous round of surveys.

RBI extends repatriation deadline for export proceeds held in IFSC accounts to 3 months

In January, the RBI permitted Indian exporters to open foreign currency accounts with a bank outside India for realisation of export proceeds

RBI to introduce risk-based deposit insurance premium; flat rate to act as ceiling

The proposed move, which won't change the insurance cover limit, aims to align India’s system with international practices, where deposit insurers use risk-based premiums to encourage prudent financial management

RBI's draft norms for standardised approach to credit risk coming soon

The revised framework aims to improve the robustness, granularity and risk sensitivity of the standardized approach for calculating the capital charge for credit risk. The draft guidelines shall be issued shortly, RBI Governor said.

RBI Post-Policy Presser LIVE | Governor Sanjay Malhotra Addresses GDP Growth, Inflation & Rupee

The Reserve Bank of India (RBI) today maintained a status quo on repo rate and policy stance, highlighting India's favourable growth-inflation dynamics. Meeting Street expectations, RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5 per cent, and maintained the policy stance as ‘neutral’. RBI MPC addresses the media after the monetary policy announcement.

RBI's ECL norms to improve risk management of loans set to kick in from April 2027

The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, RBI said.

LIVE | RBI Monetary Policy Analysis LIVE | RBI Governor LIVE | RBI

RBI Monetary Policy Committee (MPC) meets to decide on India’s key interest rates. Key expectations from the meeting: Will RBI hold fire on rate cuts and opt for another pause? Outlook on inflation, growth & liquidity RBI’s stance on repo rate and borrowing costs Insights from Governor Shaktikanta Das on the Indian economy Watch the LIVE coverage of RBI’s policy announcement and expert analysis on how it impacts markets, banks, and borrowers.

RBI MPC maintains status quo, keeps repo rate unchanged at 5.5%

The MPC considered it prudent to wait for impact of policy actions to play our before charting the next policy action.

10-year bond yield opens flat ahead of RBI’s monetary policy decision

MPC is likely to maintain the status quo on interest rates in its October review, a Moneycontrol poll of 15 economists, bank treasury heads and fund managers has found.

Rupee almost flat ahead of RBI’s rate decision

A day earlier, the rupee sank to a record low of 88.8850 against the US dollar amid persistent selling by foreign investors

Chart of the Day | RBI's inflation taming: A battle won or just a breather?

With CPI at rock-bottom lows but core acting stubborn, the MPC faces a moment of truth on the rate cut front

Will RBI go for a 25 bps cut? Five factors to track in the October MPC review

Barclays said in a note that after a neutral pause in August, it sees the RBI MPC cutting policy repo rate by 25 bps on October 1, acknowledging that it is a close call versus a scenario of a dovish pause followed by a December cut.

Bankers don't see fresh liquidity measures by RBI at the October MPC review

Currently, the liquidity in the banking system is in surplus of around Rs 55,005.69 crore as on September 29, according to RBI’s data.

RBI operationalises new Payments Regulatory Board; Governor Sanjay Malhotra to chair

As per the RBI press release, the six-member PRB will be chaired by RBI Governor Sanjay Malhotra, with the Deputy Governor and Executive Director in charge of Payment and Settlement Systems as members.

HDFC Bank’s Parag Rao superannuates this week; portfolio to be spilt into smaller functions

The bank has a superannuation policy of 60 years for its employees, though exceptions are said to be have been made on a case-to-case basis

Indian rupee hits new record low, ends 2 paise down amid persistent FII selling in equities

The domestic currency hit record low of 88.8850 against the US dollar, and then ended at 88.7888 against the greenback, as compared to 88.7612 at previous close.

RBI’s revised liquidity management framework retains call rate as operating anchor of monetary policy

The revised framework was released based on the recommendations of Internal Working Group (IWG) and after considering the feedback received from various stakeholders.

Acko Life CEO Sandip Goenka steps down

Goenka, who took charge on October 15, 2024, stepped down from the role this month, ending an 11-month tenure at the company

RBI monetary policy committee: Why jump the gun?

There is scope for 20-30 bps increase in the official FY26 growth forecast and a downward revision of a similar magnitude to inflation.

Would it benefit the economy if RBI surprises market with a rate cut in October policy?

The MPC meeting which has started on September 29, will deliver its decision on the rate action on October 1.

RBI’s challenge: How to up growth forecast, but sound dovish

RBI faces a policy test: lower inflation, higher growth forecasts. Markets await dovish signals beyond rate action in October policy.

Indian rupee opens 6 paise higher ahead of RBI policy, outperforms weak Asian currencies

Moneycontrol's poll of economist, treasury heads, and fund managers showed that the Reserve Bank of India’s monetary policy committee (MPC) is likely to maintain the status quo on interest rates in its October review.

RBI MPC meet: A pause is most likely

The GST cuts announced, however, changes the view now. With these cuts expected to raise consumption, there would be a tendency for capacity utilisation to improve leading to higher investment. A rate cut can then be justified on grounds of supporting growth.

This year, priority is smooth merger integration, before we accelerate loan growth again: Tata Capital's Rajiv Sabharwal

Going forward, the board will decide the best way to raise money, be it through rights issues or other routes, Sabharwal said.

Battle for India’s largest mid-sized bank intensifies 

While the top 3 private lenders HDFC Bank, ICICI Bank, and Axis Bank have stayed steady for over a decade, most of the action in the pecking order has been in the mid-tier where banks have swapped ranks in a tight contest

Cross-border transactions, wealth management will remain focus areas: PD Singh, Standard Chartered's India & South Asia CEO

Stating that the India franchise is adequately capitalised for the next five years, Singh expects the bank’s corporate book to grow 10-12% in FY26, though some large M&A deals could accelerate growth.

Best for RBI to save the bullet on rate action, says ANZ Research's Dhiraj Nim

The MPC, which has cut rates by 100 bps this year, is expected to hold the rates on October 1, a Moneycontrol poll of economist, fund managers and treasury heads has said

Rupee breaks the fall, opens 4 paise up at 88.67 against dollar

The rupee mirrored the broader trend as Asian currencies marched higher and equities rose following US inflation data

RBI MPC meet today: Will rate panel go for a cut amid growth uncertainty?

Moneycontrol had earlier reported that bankers have ruled out a rate cut in the upcoming monetary policy review but they do expect one more cut in the current fiscal

RBI MPC Meet: Status quo likely, but a growth pivot can’t be ruled out

Benign inflation and sluggish credit raise chances of a cut, though the base case remains an extended pause

Banking Central | Why it is a win-win for PSBs and NBFCs to join hands in MSME lending

Entering in pact with NBFCs can help banks expand reach but with necessary checks

Festive sales drive online credit card spending to all-time high, likely to touch Rs 1.2 lakh crore in September

Interestingly, the debit card payments online is likely to be much below last October’s figures, an indication that more people are shifting their online purchases to credit cards to avail offers