Banks

SBI Deputy Managing Director Nitin Chugh, who led the bank's digital banking and transformation initiatives including YONO 2.0, has exited following the conclusion of his contract

Regulatory data shows that Sebi investigated 287 cases of alleged insider trading in the financial year 2024-25, compared to 175 cases in the prior year

Crackdown on payout API misuse in banned real money gaming may widen probe to payment aggregators and smaller banks amid heightened regulatory scrutiny

Around 5,000 Yes Bank forex card customers were hit by fraudulent transactions totalling $280,000, with the bank blocking several attempts and initiating chargebacks to prevent financial loss

RBI proposes bank lending route as trusts raise record ₹37,742 crore in FY26

Banks are likely to invest around Rs 7 trillion in G-secs in FY27 as deposit growth strengthens and SLR requirements rise, with RBI expected to use OMOs to manage liquidity, analysts said

Large banks to gain post Haryana de-empanelment of IDFC First, AU

Private sector lender YES Bank which is on the recovery path expects to close the ongoing financial year with a return on assets of 1 per cent, the bank's Chief Financial Officer Niranjan Banodkar said. Return on assets (ROA) is a profitability metric that measures how efficiently a bank uses its assets to generate profit. A higher ROA indicates better asset utilization and an increase in the bottom line. "The bank will exit the current fiscal year with an ROA of 1 per cent, and on an annual basis, the ROA will exceed 1 per cent in the next fiscal year," he told PTI. For the December quarter, the bank reported a net profit of Rs 952 crore, registering a growth of 55 per cent on an annual basis and 45 per cent on a quarter-on-quarter basis. The reported annualised return on assets (ROA) for the quarter further improved to 0.9 per cent against 0.6 per cent in the previous quarter as well as the corresponding quarter last year. The annualised reported ROA for nine months has improved

Banks are expected to move slowly on acquisition financing as RBI's conservative norms take effect, with exposure caps, leverage limits and valuation guardrails shaping early deals

RBI proposes allowing banks to trade forex derivatives on offshore electronic platforms under tighter safeguards, governance norms and rupee transaction restrictions

Customers must stay vigilant and avoid falling prey as mis-selling is not easy to prove

Mis-selling is not an aberration but a structural byproduct of the current incentive architecture in most banks

Draft norms cap bank exposure to 49% of REIT asset value and prohibit funding for land acquisition, even if part of a project

Caps funding at 75% of acquisition value

The Reserve Bank of India (RBI) on Friday imposed monetary penalties on Bank of Maharashtra, DCB Bank and CSB Bank for non-compliance with directions. The central bank imposed Rs 32.50 lakh fine on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on CSB Bank, RBI said in a release. The RBI also penalised Navi Finserv with Rs 3.80 lakh, and slapped a Rs 5.30 lakh fine on IIFL Finance, the release added. The monetary penalty on the Bank of Maharashtra was imposed, as the lender did not report Self Help Group member-level data to credit information companies and did not identify beneficial owners in certain accounts. CSB Bank was penalised as it entered into an arrangement with business correspondents for undertaking activities outside the scope of activities that can be undertaken by them, and levying charges in certain savings bank accounts without ensuring that customers were made aware of such charges upfront, the RBI said. In the case of DCB Bank, the RBI found

Instead of imposing penalties, the panel suggested that banks encourage customers to maintain higher balances through incentives such as reward points, fee waivers and interest rate benefits

TREP, CD rates crash as RBI stays away from surplus liquidity absorption

India will shift to risk-based deposit insurance premiums from April 1, replacing the decades-old flat fee system to reward banks with stronger risk management

RBI says banks handling government receipts and payments will remain open on March 31, 2026, to ensure all transactions are accounted for in FY26

Corporate borrowers are returning to bank loans as pricing gaps with bonds narrow, driving strong wholesale credit growth for private banks in Q3 FY26