Banking News

Comparing India’s regulatory readiness with global peers, Kamath said that the country now stands among the world’s most adaptive jurisdictions.

SBI working on simplification of KYC process, to engage with regulator, govt: Chairman

Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI

Banks well versed in acquisition financing, says SBI chairman CS Setty

On October 1, RBI proposed to provide an enabling framework for banks to finance acquisitions by Indian corporates

OPINION | RBI's October 2025 Policy Shift: Bold regulatory reforms for a resilient future

The RBI’s October 2025 policy overhaul focuses on price stability, strengthened Basel norms, AI regulation, and revamped credit frameworks. This shift aims to enhance financial resilience, encourage innovation, and sustain growth

The populist shadow hanging over central banks and QE

The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises

Canara HSBC Life banks on new agency, digital channels for next leg of growth amid IPO launch

No fresh fund infusion planned; insurer to fund expansion through internal accruals, says CEO Anuj Mathur

Chart of the Day | Where do households see inflation ahead?

The RBI’s latest surveys offer a glimpse into the public expectations on inflation

M&A funding: Why banks must lend with their eyes open

Allowing banks to finance takeovers could unleash a deal wave. But unless guardrails are tight, today’s “growth enabler” could turn into tomorrow’s NPA headache

RBI supersedes board of Irinjalakuda Town Co-operative Bank, appoints administrator

According to the RBI, the action was “necessitated due to certain material concerns emanating from continued poor financial condition and governance standards observed in the bank.”

On track to complete PSU banks divestment via OFS by FY26, says DFS Secretary

On September 16, Nagaraju had said that there is no proposal to government stake below 51 percent and government to remain majority shareholder.

Financial AI applications must be designed in such a way to avoid inadvertent destabilisation of markets: RBI DG

T Rabi Sankar said that through planning and guidance, and structured engagement with industry, the RBI aims to foster an ecosystem where people can be aware of the security of the fact that people are in danger and the RBI has always fostered innovation with guidance, with good guardrails.

IndusInd Promoter IIHL Mauritius acquires full ownership of Sterling Bank, renames it IIHL Bank & Trust

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'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.

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.