Banking Sector

Emirates NBD launches Rs 11,735 crore open offer to acquire up to 26 per cent stake in RBL Bank after securing regulatory approvals

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

SBI staff under the aegis of the All India State Bank of India Staff Federation (AISBISF) have threatened to go on a two-day nationwide strike beginning May 25 to press for various demands, including the recruitment of adequate employees. If the strike materialises, it will affect SBI's banking operations for five days nationwide, as the fourth Saturday and Sunday fall before the strike date. Besides, there will be a holiday in many States on account of Eid al-Adha on May 27, a day after strike ends. Demands also include the recruitment of messengers, the recruitment of Armed Guards, and a change of Pension Fund Manager option to NPS Employees, AISBISF said in a statement. The union also demanded that the bank stop outsourcing permanent jobs, as it creates a direct risk of data leaks, misuse, fraud, and identity theft, endangering customer trust and exposing the Bank to severe reputational and legal consequences. Another demand concerns the appointment of the Workmen's Employee ..

The Centre argued before the Supreme Court that the Rs 8,415-crore AT1 bond write-down was necessary to protect depositors and preserve financial stability

Draft norms aim to align Indian banks with Basel Pillar 3 requirements and improve transparency, comparability, and market discipline

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

The Reserve Bank of India said prevailing systemic risk conditions do not warrant activating the countercyclical capital buffer for banks at this stage

CSB Bank expects balanced growth across retail, SME, wholesale and gold loans as it enters the scale phase of its SBS 2030 transformation plan

A report by the Economic Advisory Council to the Prime Minister has flagged sharp regional imbalances in priority sector lending and called for a more equity-focused PSL framework

But they seek increase in threshold to ₹25,000; payment industry flags operational issues

Central bank revokes certificates of registration after business exits, merger-related changes and CIC classification adjustments

We expect to extend an additional Rs 18,000 crore- Rs. 20,000 crore of credit under the scheme. We have already identified eligible accounts, and the rollout will begin within the week, he said

MD & CEO Amitava Chatterjee says the bank aims to become a national player with a stronger retail footprint outside Jammu & Kashmir

South Indian Bank MD & CEO PR Seshadri says low Stage-2 assets will help contain additional provisioning under ECL norms while the bank targets stronger margins and steady credit growth

Posts record yearly profit of Rs 80,032 crore; Shares plunge over 6% of margin compression

The bank's non-interest income declined 16.2 per cent YoY to Rs 3,967 crore in the quarter

State-owned Bank of India posted a 15 per cent rise in fourth-quarter net profit, aided by higher interest income and improved asset quality

Bank of Baroda (BoB) on Friday reported an 11 per cent rise in profit to Rs 5,616 crore during the March quarter. The state-owned lender had earned a net profit of Rs 5,048 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 36,609 crore, from Rs 35,852 crore a year ago, BoB said in a regulatory filing. The bank's interest income grew to Rs 32,642 crore, from Rs 30,642 crore in the fourth quarter of the previous financial year. However, net interest income (NII) in the quarter declined to Rs 12,494 crore, from Rs 11,020 crore in the same period a year ago. On the asset quality front, the bank's gross non-performing assets (NPAs) moderated to 1.89 per cent of gross advances, as compared to 2.26 per cent by the end of March 2025. Similarly, net NPAs came down to 0.45 per cent of the advances, over 0.58 per cent at the end of 2025. The provision coverage ratio of the bank improved marginally to 93.94 per cent as on March 31, 2026. The bank's c

The EAC-PM has urged a review of India's priority sector lending norms, recommending a sharper focus on social equity and credit access for vulnerable groups