Festive spending, GST outflow push liquidity into deficit
Currency in circulation usually surges during the festive season, resulting in lowering liquidity in the banking system
SBI General Insurance posts 10.7 percent rise in H1 FY26 gross written premium
According to the company’s release, the company’s health business grew 41 percent, personal accident (PA) segment rose 48 percent, and the motor insurance portfolio expanded 17 percent
Utkarsh SFB shares rally 20% after lender allots 5.7 crore shares to Madhusudan Kela's fund house
Utkarsh Small Finance Bank share price: Earlier this month, the company's board had approved the terms of a rights issue of 67.79 crore shares to raise up to Rs 949 crore at Rs 14 per share.
FSIB calls application for Canara Bank’s MD & CEO post
The current MD & CEO K Satyanarayana Raju retires in December
Chart of the Day | India's Banking Paradox: More branches, stagnant productivity as lenders chase deposits
Branch productivity is widely different among Indian banks.
Rupee opens 10 paise up at 87.83 against dollar, US trade deal talks in focus
Reports have claimed that US could slash the tariff on Indian goods to 15 percent, as New Delhi 'moderates its oil purchases from Russia'
Limited pain in Q2 brightens Indian banks’ margin outlook for FY26
Surplus liquidity will help banks in keeping margins steady
Lenders turn cautious on gold loan borrowing limits
Sources say loan to value by leading NBFCs and a few banks in the gold loan segment has started reducing by 2 – 4 percent, in anticipation of a likely dip in gold prices.
Ahead of Diwali, bank stocks rally on strong Q2 earnings; RBL Bank up 9% on Emirates NBD deal
Shares of RBL Bank jumped more than 9 percent after Emirates NBD announced plan to acquire a majority stake in the listed domestic private sector lender.
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.
RBL Bank shares rise 9% as Emirates NBD Bank to acquire 60% stake in lender; CLSA calls it 'landmark deal'
RBL Bank share price: Analysts at CLSA called it a "landmark deal" for a financial services company in India, noting that benefits from the investment will be seen in the long term.
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
Global banks bet billions on India deals amid US credit jitters
Indian lenders look relatively more insulated, and are gaining from rapid digital adoption, government moves, as well as a large under-banked population.
Rs 1.84 lakh crore in unclaimed funds: RBI's UDGAM portal shows how to claim your money
The UDGAM portal will only help you identify unclaimed deposits/accounts across multiple banks in one place and provides information on the claim/settlement process of each bank.
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.
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.
