Banking

The RBI deputy governor said banks must prepare for emerging risks ranging from cyber threats and AI to geopolitical shocks and climate-related disruptions

The central bank said reports claiming it sold gold worth about $12 billion were incorrect, adding that its physical gold holdings remained unchanged at 880.52 tonnes

C S Setty urges investors to focus on India's long-term structural transformation rather than short-term market movements

Credit growth expanded at 16.2 per cent in the year through May 15, the fastest clip since June 2024, according to the Reserve Bank of India data

For banks, a higher leverage ratio is generally a sign of stronger capitalisation, not higher risk

The central bank disposed of 17 billion soiled and mutilated banknotes in FY26, down from 22.9 billion a year earlier, as replacement of shredding systems disrupted processing operations

Advances account for 85% of all frauds in banking industry in FY26, says regulator in annual report

Bank lending continued to outpace deposit growth in the fortnight ended May 15, with strong traction in NBFC, retail and industrial credit segments

Bakri ID (Id-Uz-Zuha) bank holidays will be marked on May 27 and 28, depending on the state. Before planning transactions, customers should confirm the holiday schedules of their local banks

The comments come as SBI sharpens its 'Digital First, Customer First' strategy, with continued investments planned in technology, data analytics, AI, cybersecurity, and digital infrastructure

In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding ₹5,000 crore

RBI has mandated a three-year cooling-off period for directors of urban co-operative banks after 10 continuous years on the board

NPCI may review ATM interchange fees and link charges to WPI as rising operating costs put pressure on India's ATM ecosystem

BCRC has sought an IBA standing committee to address BC remuneration, penalties, grievance redressal, and customer service standards under the RBI's draft framework

Some banks are yet to take a call but are expected to review policies and may consider hybrid working for some time

The RBI has proposed allowing lenders to restrict financed mobile devices in loan default cases, while mandating safeguards, borrower notices and compensation for wrongful action

Axis Bank plans to strengthen its national footprint through 500 new branches, focusing on rural expansion, digital banking, and key customer segments

RBI eases IFR norms for banks under revised investment portfolio framework

Had temporarily recalled officials handling treasury, wholesale, and corporate banking as war escalated

The valuation discount of banking stocks relative to the broader market has widened despite the sector remaining one of the key drivers of corporate earnings in the country in recent years