Banking News

Recent rate cuts have hurt banks more than the last cycle, data indicates

Data analysed from bank’s financial statements from Q4FY20 to the third quarter of FY26 show that NIMs have largely shrunk by an average of 154 basis points (bps) in the current round of rate cuts, as compared to a reduction of 40 bps, on an average, in the previous cycle.

Inside the delay: Why Bima Sugam India Federation is not ready despite multiple launch timelines

At the heart of the project sits a structural paradox — the platform seeks to unify an ecosystem whose strongest participants are, at the same time, contenders

Fighting dark patterns: What new RBI draft mis-selling rules mean for banks, customers

The new RBI draft rules for advertising, marketing and mis-selling of financial products aim to strengthen consumer protection and curb malpractices in financial institutes

Bond yields edge lower after US inflation data revives rate cut hopes

The benchmark Indian bond yield fell to 6.667% on February 16

Banking Central | Deposit protection rules are changing. Here’s why they matter to you

A new pricing model will push banks to behave better, strengthen the safety net for every saver

Indian Overseas Bank expands Startup Banking network, launches IOB Gram Sweekar

On the launch of 'Startup Banking Branch Network', the lender said it has operationalised exclusive Startup Banking branches in Delhi, Mumbai and Bengaluru following the success of its maiden 'Startup Banking' branch in Chennai.

RBI plans to allow bank loans to REITs by July 1

At present, there are five listed REITs in India - Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust.

PFRDA sees strong traction for MSF; banks likely to drive National Pension System distribution push: Chairman Ramann

Three months after launch, regulator says groundwork is complete, pension funds and large banks expected to accelerate on-ground adoption, Chairman Ramann said.

IRDAI should shift to segment-wise EOM compliance to curb cross-subsidisation, says Generali Central MD & CEO Anup Rau

The current framework allows insurers to cross-subsidise loss-making wholesale and regulated segments using profits from retail business, creating pricing distortions, Rau tells Moneycontrol

OPINION | Vault Matters: Why private banks need more returnees like Shyam Srinivasan, Murali Natarajan and Ashok Vaswani

In the backdrop of a shallow talent pool for the top job at private banks, isn’t it time to widen the search and look overseas

Bond yields fall after government undertakes debt switch with RBI

The benchmark bond yield fell to 6.6692% on February 13

Rupee off to a weak start, opens 8 paise down against dollar at 90.67

The currency edged lower on on February 13 after the dollar gained back some of its ground

High-level banking panel to review voting rights threshold for foreign bank subsidiaries

The proposal to evaluate 26% ceiling on voting rights is viewed as a step towards removing the restrictions around foreign banks taking strategic initiatives. Change will be applicable only to banks operating through the wholly owned subsidiary route.

Rupee opens 26 paise higher at 90.46 against dollar

Traders expect the rupee to trade between 90.40 and 90.95 in the near term

Star performers in Q3, PSU banks gear up for more business as capex comes calling

The boost to exports from the trade deals with the US and Europe is making companies build capex plans, a boon for banks

RBI to tighten noose on mis-selling of financial products; issues draft amendment directions on sales, marketing

.The draft amendment directions aim at strengthening customer protection norms and curbing mis-selling, compulsory bundling, and deceptive digital practices.

RBI’s risk-based deposit insurance framework: Who pays less, who pays more, and why it matters

Stronger banks will pay less, weaker banks will pay more, and the rules of risk are being rewritten

Values, not just strategy, define institutional strength, RBI deputy governor Swaminathan

Regulatory compliance should be viewed as a pillar of credibility rather than a box-ticking exercise, the RBI deputy governor has said

Indian bonds hold steady at 6.7261% post state government bond auction

The benchmark government bond yield fell late in trade on February 10 after the state government bond auction drew strong demand

Rupee opens higher at 90.54 on softer dollar

The dollar softened after US retail sales data pointed towards a cooling economy, giving room for the Federal Reserve to cut rates

Deposit insurance body's risk-based pricing rewards banking discipline

By linking deposit insurance costs to behaviour, the RBI is nudging banks to internalise risk rather than outsource it to the system.

Chart of the Day | Credit is flowing, but is the cycle turning too fast?

RBI’s latest Bank Lending Survey signals confidence on demand and easy terms even as monetary caution lingers

Standard Chartered remains a market leader in sustainable investing strategies: Ben Daly, Global Head of Transition Finance

The global bank released the ‘India and the Energy Transition’ report on February 10, which showed that 83% of the corporates were confident that India will meet its net-zero goals

Citi India appoints Ankur Khurana as head of commercial banking

Citi Commercial Bank is an integral part of Citi’s global strategy and key engine for growth

Rupee flat against dollar at 90.75, traders await cues

FII inflows have propped up sentiment even though importer-buying has kept rupee levels in check

GI Council finalises clinical admission protocols amid insurer-hospital tariff friction

The General Insurance Council has finalised standard treatment and admission guidelines for seven of the country’s most common infectious diseases following extensive consultations with healthcare providers

Corporate loan revival in sight as Budget 2026 measures spur growth

The recent measures to prop up MSME financing could allow banks to pursue more lending activities to capital-intensive sectors

Moody's projects India's GDP to grow 6.4% in FY27, fastest among G20 economies

The operating environment for banks will remain strong in 2026, supported by robust macroeconomic conditions and structural reforms, it said.

IndusInd Bank wants to increase market share in CV business to 10%, says CEO Rajiv Anand

Optimistic about the bank’s commercial vehicle financing business, Rajiv Anand, MD & CEO, IndusInd Bank, is working on garnering more deposits from CV-specific branches.

Banking Central | RBI pause is less about inflation and more about trust in the cycle

The message from the central bank is clear — the quality of growth matters as much as the pace

Everyone will be proud of IndusInd Bank in three years, says MD Rajiv Anand

IndusInd Bank is a franchise which is under-delivering to its potential, says MD & CEO Anand

SBI: Will the re-rating continue?

With a Rs 46.83-lakh-crore loan book, the bank dwarfs large private peers. While delivering a 15 percent growth on this scale underscores that size is not a constraint

Financialisation of savings a structural challenge for banks, balance sheets to evolve: SBI chairman CS Setty

Setty said this transition would require banks and markets to prepare for a new funding architecture

Mega banks for a developed India? Sitharaman to set up high-level committee on banking

Asked if it would suggest a merger of public sector banks, Sitharaman said one should not narrow it down like that.

Kotak Mahindra Bank says it has not submitted bid for IDBI Bank

The government has received bids for the bank, Divestment Secretary Arunish Chawla said on Friday, without disclosing details.

Indian bonds decline as RBI refrains from fresh debt purchases

Lack of RBI buying may pile further pressure on bonds to extend losses as it has been a key source of demand in recent months, analysts said.

RBI MPC Analysis | Enough of heavy-lifting, let’s wait for results

RBI's commentary indicates we may be headed for a long pause. The question is how will the liquidity management happen from here on

RBI announces measures to boost financial inclusion, MSME credit, REIT financing

The measures are aimed at improving last-mile credit delivery, strengthening institutional financing frameworks and supporting growth in both the MSME and real estate sectors, governor Sanjay Malhotra has said

RBI to do away with Rs 2.5 lakh crore limit for Voluntary Retention Route

The VRR has been witnessing active investment by FPIs, and over 80 percent of the current investment limit of Rs 2.5 lakh crore has been utilised, the central bank said

RBI governor Malhotra says CPI, growth outlook to be based on new series

New CPI series set to release next week, FY27 GDP projections deferred to April MPC.

RBI signals stronger customer safeguards; proposes draft guidelines on mis‑selling

In addition, the RBI will release a draft framework on loan recovery and the conduct of recovery agents, says Sanjay Malhotra during MPC speech

RBI eases NBFC norms in big push for smaller shadow banks

NBFCs without public funds and direct customer interface, with asset size not exceeding Rs 1,000 crore, will not have to register with RBI

RBI governor Sanjay Malhotra unveils UCB reforms; launches Mission‑SAKSHAM

RBI MPC meeting: Higher limits on unsecured loans, easing of housing loan norms and mission-SAKSHAM are among the key measures announced today

Rupee remains steady after RBI maintains status quo

The rupee, which opened at around 90.23, was trading at 90.19 after ending the previous session at 90.36

RBI policy meeting: India-EU FTA to support exports over medium term, says Sanjay Malhotra

The RBI raised the full year GDP forecast for FY26 by 10 basis points to 7.4% even as it held the key repo rate steady at 5.25%

Quick Take | RBI Governor's steady hand puts credibility over celebration

By holding the repo rate at 5.25 per cent and sticking to a neutral stance, the central bank is signalling that low inflation is an achievement to be protected, not a cue for haste.

RBI revises FY26 growth forecast upwards to 7.4%, holds rate steady

The RBI's monetary policy committee, as expected, held the repo rate steady at 5.25%

OPINION | Vault Matters: When in doubt, hire a PSU Banker

A pattern which started in 2020 has become the playbook for private banks. Does this suggest reluctance to hire young dynamic private bankers or signal a lack of leadership bench strength in private banks?

Bond yield falls to 6.659% ahead of RBI policy decision

The benchmark 10-year bond yield fell for the third straight session, with traders looking forward to the first policy review of 2026

Rupee opens 23 paise higher against dollar at 90.23, RBI policy decision awaited

The central bank is unlikely to cut rates and is expected to stick to 'neutral' stance, a Moneycontrol poll found