Banking News

Banking Central | Microfinance stress is a warning sign the economy can’t ignore

Falling borrowers, rising delinquencies and bigger loans point to a fragile bottom of the pyramid

Indian bonds fall 7 bps on crude worries, traders await RBI action

The benchmark 10-year bond yield was trading at 6.8027 percent on March 23

Indian rupee falls to fresh record low of Rs 93.84, traders eye RBI action

The local currency was trading 10 paise lower on March 23, after losing nearly 100 paise in the previous session

OPINION | Governance lessons from l’affaire HDFC Bank

Leadership exits cannot afford to be ambiguous. Clarity, responsibility, and accountability are essential to maintaining trust 

Govt may use OFS route to boost public shareholding in IDBI Bank: Report

IDBI Bank News: The proposed sale of a 60.72 % majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price.

Kotak Mahindra Bank's subsidiary to sell stake in Infina Finance for Rs 1,293.91 crore

The stake sale will be executed in multiple tranches involving different investors. KMCC will transfer 2,17,899 equity shares, representing 9.90% of Infina’s share capital, to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for a combined consideration of Rs 413.35 crore.

HDFC Bank asks 3 senior executives to leave over 'mis-selling' of Credit Suisse AT1 bonds

Sampath Kumar, Group Head of Branch Banking at HDFC, is among the three executives asked to leave

RBI may adopt wait-and-watch mode for FX interventions, even as rupee hits lifetime low: Experts

On March 20, the rupee touched a lifetime low of Rs 93.76 to the dollar, surpassing its previous record low of Rs 92.63 per dollar.

Pilots flag war insurance gaps, ALPA issues advisory on West Asia operations

The core concern is whether standard aviation insurance policies adequately protect crew operating in or near conflict zones

India rolls out Rs 497-crore insurance scheme to shield exporters from West Asia disruptions

The scheme, titled Resilience & Logistics Intervention for Export Facilitation (RELIEF), seeks to ensure continuity in trade flows as conflict-linked disruptions strain key shipping routes and inflate freight and risk premiums

Bond yield edge lower, all eye on crude prices

The benchmark 10-year bond yield was trading at 6.7457 percent on March 20

Rupee opens at a fresh record low of 92.89 against dollar. Next stop 93?

As energy assets come under fire in West Asia, crude prices remain elevated and a concern for India and other countries

HDFC Bank may look internally and within group to fill top boss’s role, says interim chair Mistry

These comments come after former part-time Chairman Atanu Chakraborty suddenly resigned in a letter dated March 17

How HDFC Bank Navigated Bans, a Mega Merger and Legal Challenges Under Sashidhar Jagdishan

A look at the regulatory actions, leadership milestones and legal challenges that have defined the bank’s recent journey

IRDAI, CII push 'basic health cover' and data-led pricing to reset insurer-hospital dynamics

The earlier discussions of forming a regulatory body for health insurers and hospitals may be off the table, confirmed one industry executive familiar with the matter

Kaizad Bharucha may emerge as a power house amid HDFC Bank's boardroom battle  

The veteran banker’s assumption of more responsibilities follows the sudden resignation of former part-time chairman Atanu Chakraborty

Differences over CEO's third term, board changes likely triggered Atanu Chakraborty's exit from HDFC Bank

Chakraborty opposed the reappointment of MD&CEO Sashi Jagdishan without a performance review. Objections were also raised on elevating Jimmy Tata as a board member in place of Bhavesh Zaveri when the latter’s term ends on April 12, sources said

Insurance leads India’s consumer complaints surge, data shows

Total grievances in the insurance sector touched 2.57 lakh in FY25, up from about 2.02 lakh in FY23, pointing to a consistent increase in friction between insurers and customers

OPINION | The silent strength of India’s public sector banks

India needs bigger banks to match its growing economy. These banks can support global trade and money flows. Strong PSBs and global banks can grow together 

As microfinance lenders target higher ticket size, leverage could become a risk

Microfinance portfolio would continue to shrink and by doing so it would get better.

HDFC Bank part-time chairman Chakraborty’s exit not linked to governance or RBI concerns: Report

HDFC Bank chairman Atanu Chakraborty’s exit not linked to RBI concerns or governance issues; sources say it was a personal decision.

Quick Take | HDFC Bank’s unsettling governance moment

Chairman’s unusual exit points to deeper issues that India’s biggest private bank cannot afford to ignore

RBI clears Bain Capital’s joint control of Manappuram Finance, subsidiaries

After the proposed acquisition of up to 41.66 per cent stake in Manappuram Finance, its subsidiaries, Asirvad Micro Finance Limited and Manappuram Home Finance Limited, will come under the joint control of the US-based private investment firm, the company said in a statement

Rupee sinks to new low of Rs 92.63 as importers rush to cover positions

Market participants and analysts expect the rupee to test the 93 psychological mark on a surge in demand for dollars from OMCs

IRDAI may allow phased Ind AS rollout amid earnings volatility concerns

Insurers, analysts warn new accounting norms could disrupt near-term profit visibility

Indian bonds open steady; traders eye oil prices, US FOMC decision

The benchmark 10-year bond yield was trading at 6.7076 percent, compared with 6.7143 percent in the previous trading session.

Rupee opens 5 paise lower against dollar at 92.42, US Fed decision awaited

The rupee was trading near its record low of 92.48 against the greenback

Chart of the Day | Rupee stays relatively steady in a turbulent currency market

The Iran war has shaken global markets and strengthened the dollar. Yet the rupee’s fall has been milder than many of its peers

Why govt must press ahead with the IDBI divestment

As on Dec 31 2025, IDBI had a better ROE of 14.5% and a ROA of 1.83%

India's wilful loan defaulters remain high, a decade after RBI’s asset quality review

Recent union government data suggests a 4X increase in the number of defaulters in the last decade

IRDAI steps up push for Public Insurance Registry, Bima Sugam; insurers flag data concerns

The discussions centred around standardising data-sharing protocols and accelerating system integration across insurers, as the regulator looks to build a centralised repository of policyholder records under the PIR

What hurt IDBI Bank's divestment? Govt to mull next steps 

The long-pending IDBI divestment reportedly failed because the bids were below the base reserve price. Experts say higher valuation expectations, legacy risks and control concerns weigh heavy on IDBI as government mulls next steps

Benchmark yield slips to 6.71% in early trade, all eyes on crude

The benchmark 10-year bond yield was trading at 6.71 percent

Rupee opens 3 paise higher at 92.39 against the dollar on improved risk sentiment

The RBI was seen aggressively selling the dollar on March 16 to avert another record low. The rupee dived to an intraday low of 92.48 but recovered to close at 92.42

RBI’s dividend reset puts weak banks on notice

By tying payouts more tightly to capital buffers and bad loans, the central bank is quietly forcing banks to clean up their balance sheets before rewarding shareholders

DBS Bank India to foray into equity capital markets business

According to sources, Sanjog Kusumwal, an executive director, currently in Singapore heading equity capital markets for DBS has been designated to lead the business in India

Bond yields climb 2 basis points as Brent crude holds above $100  

The benchmark 10-year bond yield was trading at 6.6943 percent on March 16

Rupee opens 3 paise higher at 92.42 against the dollar, crude a worry

Traders and analysts expect the rupee to slide toward the 93 mark as the economic fallout from the war persists. If oil prices don’t retreat in the near term, the RBI may allow the currency to depreciate, they say

Banking Central | What does RBI's new dividend rule mean for investors

By linking payouts to capital strength and asset quality, the central bank is nudging banks towards discipline; that’s a good change

India’s household wealth is shifting from deposits to mutual funds and AIFs, says IDFC FIRST Bank CEO

India’s household financial assets have reached $19.3 trillion as savings move from deposits to investments like mutual funds, PMS and AIFs, says V. Vaidyanathan.

India is set to halt IDBI Bank sale as both bids unviable

The 61% stake that the government and a state-run insurer planned to sell in the private lender is worth about $6.5 billion at the current market price.

Rupee sinks to a new low of 92.45 against the dollar, crude remains a worry

Brent crude at $100 a barrel has fanned concerns about a widening current account deficit

Bonds steady at the open, all eyes on RBI debt purchases

The benchmark 10-year bond yield was trading at 6.6769 percent on March 13

Rupee falls 16 paise to 92.35 against the dollar as crude remains above $100

The rupee fell to a record low of Rs 92.37 on March 12 before paring some the its losses.

Bond yields spike 5 bps as Brent crude surges past $100

The benchmark 10-year bond yield was trading at 6.68% on crude fears as Iran again hits oil tankers

Rupee opens 30 paise lower at 92.34 against dollar as oil climbs to $100 after Iran tanker attacks

The local currency was flirting with the record low over renewed fuel supply concerns

Bonds rise 2 basis points as Brent cools, traders eye RBI action

The benchmark 10-year bond yield fell to 6.65% from 6.67 % in the previous session

Rupee falls 13 paise to 91.94 against the dollar, all eyes on crude prices

In the previous session, the rupee again slipped below the 92 mark before making a recovery, probably on the intervention of the RBI

West Asia tensions unlikely to directly hit banks, but higher energy costs pose risks: Moody’s

Banking sector outlook remains stable with benign asset quality and credit growth seen in low–mid teens for FY26–27, according to Moody’s

Bonds slip 3 bps as crude cools after, traders cautious

The benchmark 10-year bond yield was trading at 6.68 percent on March 10 after US President Donald Trump indicated that the Iran war would be over soon