Business growth gained momentum, interest margin did better than expectations
Avoided rate cut in Oct as it will not have desirable impact, says Sanjay Malhotra
Individual Annualized Premium Equivalent (APE) stood at Rs 6,471 crore, marking a 10 percent rise from Rs 5,864 crore last year
Since the beginning of the year, global uncertainties have increased, starting with tariff imposition by the US, India-Pakistan tensions, and the Iran-Israel unrest which led to a strong US military action.
Expected Credit Loss (ECL) framework of provisioning for bad loans, with prudential floors, is proposed to kick in from April 1, 2027, the Reserve Bank of India (RBI) Governor Sanjay Malhotra said on October 1, during the monetary policy announcement.
On July 16, the board of SBI approved raising up to Rs 20,000 crore through bonds in FY26
The dollar index, which measures the greenback's against a basket of six major currencies, fell to 98.883 in the morning from the previous close of 99.047
On January 24, 2025, Moneycontrol citing sources reported that bank is expected to do additional provisions of Rs 125-150 crore every quarter.
Whenever, the bond yields rise, prices fall due to inversely proportional relationship between both. This leads to lower mark-to-market gains on the investment of banks in these securities.
RBL Bank share price: The shares of the Indian private lender erased most of its early gains to close around 1% higher after the clarification was issued.
Net Interest Income (NII) grew by 15.71 percent year-on-year to Rs 3,248 crore in Q2FY26 as against Rs 2,807 crore for Q2FY25.
Brokerage firms expect asset quality of most NBFCs to remain broadly stable amid better customer selection, stricter credit underwriting, and improved collection efforts.
Both investors are said to have initiated the exit process and are mulling various options including a listing for the company or a secondary sale.
The service supports card transactions, including Mastercard, Visa, and RuPay, along with Unified Payments Interface (UPI), net banking, and other payment methods, which will be rolled out in a phased manner
Emkay Global Financial Services expect HDFC Bank, ICICI Bank, Indian Bank and RBL Bank to be outliers, with Axis Bank, Federal Bank, Bandhan Bank, Canara Bank and Union Bank of India reporting softer quarter due to weak margins and elevated credit costs
Warburg is expected to provide additional growth capital as Truhome scales up further
Trade tension between the US and China resurfaced after United States President Donald Trump threatened '100 percent tariff' on all Chinese goods beginning November 1
On August 26, Moneycontrol reported that Indian banks are eyeing a revival in credit demand in the second half of the current financial year (H2FY26), with bankers projecting growth in the range of 10–12 percent, supported largely by the upcoming festive season beginning September.
The RBI superseded the bank's board on on October 7, citing concerns over the lender’s deteriorating financial health and governance issues
Kothuri also said the company has set an internal target is to reach an AUM of Rs 10,000–12,000 crore before exploring an Initial Public Offering (IPO).
Latha Venkatesh assesses central bank's recent regulatory reforms
Allowing Indian banks to fund corporate acquisitions introduces opportunities but also unfamiliar risks - ones most are neither structured nor seasoned to manage. What is framed as financial modernisation must be guided by the same prudence that has long defined India’s banking stability under RBI’s stewardship
The need to free up capital is low right now for lenders
Overall, general insurers continued to dominate the market with an 83.65% share, followed by standalone health insurers at 11.88% and specialised insurers at 4.47%.
On a year-to-date basis, LIC’s collections rose 4.7 percent to Rs 1,21,008 crore, from Rs 1,15,550 crore in the first half of FY25.