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
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 September 16, Nagaraju had said that there is no proposal to government stake below 51 percent and government to remain majority shareholder.
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.
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.
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
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.
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.
The local currency opened at 88.74 against the US dollar, as compared to 88.7825 against the greenback at the previous close.
Decoding the RBI's October review: Rate cuts remain distant, EMIs stay where they are
A pick-up in demand, along with fiscal and monetary measures, to support credit growth
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.
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
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.
The statement clearly articulated that the current macroeconomic conditions and the outlook have opened up policy space for further supporting growth.
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.
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.
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.
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.
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
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.
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.
In January, the RBI permitted Indian exporters to open foreign currency accounts with a bank outside India for realisation of export proceeds
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