The draft requires commercial banks to adopt the basic approach for credit valuation adjustment while offering simpler treatment to those with smaller derivatives books
RBI has retained Tata Sons in the FY27 NBFC upper-layer list while reiterating that its de-registration application remains under examination, prolonging uncertainty over listing
The lender plans to restore industry-aligned growth in FY27, accelerate expansion in FY28 and outperform peers by FY29 after strengthening governance and its balance sheet
The Reserve Bank of India indicates Tata Sons continues to be an upper-layer NBFC under principle-based norms, while its application to surrender its CIC licence remains under consideration.
Governor Sanjay Malhotra says mobilisation under the concessional FCNR(B) swap window remains robust, with no proposal to close the scheme before its September 30 deadline
Deputy Governor Swaminathan J says the RBI has submitted a draft standard operating procedure to the Supreme Court and will refine it before issuing it to regulated entities.
Chairman Rajiv Kumar says HDFC Bank remains fundamentally strong with robust governance systems, while expressing confidence that CASA and margins will improve over the next two to three years
Banks sharply cut certificate of deposit issuances in July as strong FCNR(B) inflows under the RBI's swap scheme eased liquidity pressures and lowered funding costs
HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates as lenders compete for foreign currency inflows ahead of the RBI's September-end swap window deadline
The private sector lender raised its dollar deposit rate by 25 basis points as banks compete for non-resident funds before the RBI's concessional swap window closes
FCNR(B) deposits contributed $36.7 billion as banks raised nearly $41 billion under the RBI's concessional swap facility in less than two months, exceeding the 2013 mobilisation
Industrial lending gathered pace across micro, small, medium and large enterprises as non-food bank credit, services, agriculture and retail loans also recorded stronger growth
Standalone NII rose 24 per cent and AUM crossed Rs 4 trillion as the lender reported improved asset quality, while deposits declined 5 per cent year-on-year
The country's largest lender received 89 bids and retained Rs 4,691 crore from the perpetual bond issue, marking the first AT-I issuance by a bank in FY27
With the legal review and the MSRDC deposit issue now closed, HDFC Bank's board is expected to take up Managing Director and CEO Sashidhar Jagdishan's reappointment
Court restrains lender from taking up authorised share capital increase without BharatPe's approval as shareholders dispute warrant conversion and potential stake dilution
State-owned lender orders a forensic audit after an employee's email account was compromised, while maintaining that its core banking systems were not accessed