InGovern says HDFC Bank's governance and financial metrics remain strong despite Atanu Chakraborty's exit, with RBI also ruling out any material concerns
RBI has eased branch expansion norms for NBFCs, allowing them to open branches without prior approval while retaining restrictions for weaker deposit-taking entities
Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight
Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000
Central bank asks banks to immediately inform customers and reconcile nostro accounts frequently to ensure quicker credit of cross-border inward payments
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
Meanwhile, yields on outstanding loans declined by 4 bps in February, with state-owned banks' yields easing by 1 bp and private sector banks seeing a sharper 6 bps decline