Benign inflation outlook opens policy space; Centre working on MSME support package: RBI MPC’s Nagesh Kumar
He cautioned that the US accounts for about 33 percent of India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and processed food products sectors that are dominated by MSMEs and employ nearly 40% of India’s manufacturing workforce. The imposition of 25%+25% penal tariffs on Indian exports, coupled with other restrictive trade and immigration policies, could impact these sectors more acutely.
IOB eyes M&A financing opportunity, expects lending activity to begin by Q4, says CEO Ajay Kumar Srivastava
The bank is aiming for the QIP launch of Rs 4,000 crore in the second half of the current financial year, Srivastava said.
Festive demand, GST cut to lift Indian Bank’s Q3 loan growth; CASA revival remains a challenge, says CEO Binod Kumar
To strengthen its CASA base, the bank has launched six new products and opened 1.77 lakh new accounts in the last quarter. It is also aggressively targeting salary accounts, where the average balance has improved from Rs 25,000 in Q1 to Rs 44,000 in Q2, Kumar said.
PNB expects Rs 9,000–10,000 crore additional provisioning under new ECL norms, says MD Ashok Chandra
Going forward, housing and vehicle loans will grow very fast, we expect these two segments to be outperformers in Q3. Overall, retail growth should see at least a 2 percent boost purely due to the GST cut, Chandra said.
Rupee opens 3 paise up at 87.94/USD as Asian currencies strengthen
The selling of dollars by the RBI's last week helped the rupee post its best weekly performance in nearly four months
Ageas Federal Life Insurance and CSB Bank forge SME Bancassurance partnership
The collaboration would allow customers of CSB Bank, especially SMEs to access bespoke life insurance solutions designed to protect and safeguard the individual’s business continuity, wealth, and their families.
Banking Central | What the 2025 gold price surge means for Indian lenders
Higher metal prices raise the marked-to-market value of pledged jewellery, improving loan-to-value (LTV) cushions for the same quantum of lending
RBL Bank expects first tranche of money from Emirates NBD Bank in 5-8 months
The bank is aiming to join the top five banks league in the next three to five years
ICICI Bank expects retail loan growth to pick up in H2: ED Sandeep Batra
Responding to a query on the recent reports on social media platforms alleging unlawful employee exits, ED Sandeep Batra dismissed the claims as baseless
RBL Bank to sell majority stake to Emirates NBD in Rs 26,850 crore deal, largest FDI in Indian banking sector
The deal also includes the amalgamation of Emirates NBD’s India branches with RBL Bank, as per RBI guidelines, once the preferential issuance is completed.
IndusInd Bank sees no fresh financial hit as BFIL probe, internal control overhaul progress
The auditor of BFIL had earlier issued a qualified conclusion in its limited review dated October 17, 2025, on the financial results for the September quarter and half year. However, the Bank clarified that these observations were not material to the group’s overall results.
IndusInd Bank sets up executive group to strengthen financial controls after Rs 1,960 crore accounting discrepancies
According to the bank’s disclosure, the newly formed Project Management Group will oversee corrective measures, ensure process standardisation, and tighten internal checks to prevent such lapses in the future.
SMBC stake remarks unrelated to Yes Bank’s operational priorities, says CEO Prashant Kumar
SMBC has stated that they will not increase their stake, and they are under no obligation to do so beyond 24.99 percent, says CEO Prashant Kumar.
IndusInd Bank reports net loss of Rs 437 crore in Q2, net worth fell to Rs 62,524 crore
Net Interest Income for the Q2 FY26 at Rs 4,409 crore as compared to Q2FY25 at Rs 5,347 crore. Fee and other income for the Q2FY26 at Rs 1,651 crore as compared to Q2FY25 at Rs 2,185 crore.
Punjab National Bank Q2 net profit rises 14% YoY to Rs 4,904 crore
Operating Profit for Q2FY26 increased to Rs 7,227 crore and to Rs 14,308 crore for HY1FY26
recording growth of 5.5 percent and 6.5 percent, respectively on YoY basis.
Govt asks state-run banks' CEOs to work 'harder, faster' to list subsidiaries
The bureaucrat said increasing the claims settlement ratio is the only way to increase insurance penetration in the country
Q3 to be more robust than Q2 in terms of disbursements, demand momentum, says L&T Finance CEO Sudipta Roy
For gold loans, Cyclops isn’t required because it’s a fully secured product with extremely low loss rates. Putting it through Cyclops would be counterproductive, Roy said.
Piramal Finance listing expected in first half of November: CEO Jairam Sridharan
On September 10, NCLT has approved the merger of Piramal Enterprises Limited with its wholly-owned subsidiary, Piramal Finance Limited.
State Bank of India raises Rs 7,500 cr via 10-year Basel-III Tier 2 bonds at 6.93% coupon
On October 15, Moneycontrol reported that SBI plans to raise up to Rs 7,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years.
Cautious on gold loans despite huge demand as prices soar, South Indian Bank CEO Seshadri
Higher gold prices mean customers can borrow more against their ornaments, driving demand but the sharp price movement also raises risk, the CEO tells Moneycontrol
IndusInd Bank clarifies Rs 255-crore accounting lapse already disclosed
Moneycontrol on October 16 has reported that 'a certain entry amounting to Rs 250 crore requires attention'. Sources said that these entries may pertain to 2016, a year after the treasury derivatives desk was started.
OPINION | Vault matters: Who's to be blamed for steep healthcare cost inflation?
Healthcare costs have inflated in double digits post-pandemic, showing no sign of easing. Meanwhile, private equity and venture capital investments in India’s hospital landscape have touched around $15 billion since FY20. Is the changing capital structure of the healthcare business resulting in higher costs?
City Union Bank announces recruitment for MD and CEO Role; Applications open till Nov 7
Candidates must meet regulatory requirements, with no pending vigilance cases or adverse observations from the RBI
Probe so far not pointing at fund siphoning at IndusInd Bank: EOW Sources
The sources cited add that EOW will question Siddharth Banerjee, head of global market and financial institutions group, in the coming days. A few employees who were part of the former DMD's team may also be called for questioning.
OPINION | Does the rise of non-bank funding represent financial disintermediation or liquidity shuffling?
On paper, non-bank sources have offset the fall in bank funding to commercial sector. But trace the source of funds and we go back in many cases to banks, who continue to play an outsized role. India still lacks enough diversity in sources of funding
