Indian Banks

Public sector banks reported no locker thefts in FY26 after 40 cases over the previous four years. RBI guidelines prescribe security standards, customer alerts and bank liability for losses

According to the Finance Ministry, private sector banks accounted for nearly 70 per cent of the total minimum balance charges collected in FY26

India imposed licensing requirements for silver imports in May to preserve foreign-exchange reserves, sending shipments plunging to an estimated 29 tonnes in June from 747 tonnes in January

The lender reported a 72% rise in June-quarter profit as lower provisions and easing slippages improved earnings despite modest NII growth and continued pressure on margins

Public sector lender Punjab & Sind Bank on Saturday reported a 23 per cent rise in net profit to Rs 331 crore during the June quarter, aided by improvement in core income and decline in bad debts. The lender had earned a net profit of Rs 269 crore in the same quarter of the previous fiscal year. The total income increased to Rs 3,546 crore during the June quarter from Rs 3,379 crore in the same quarter of the previous fiscal year, Punjab & Sind Bank said in a regulatory filing. Interest earned by the bank improved to Rs 3,213 crore compared to Rs 2,911 crore in the June quarter of FY26. The bank's net interest income also increased 15 per cent to Rs 1,038 crore from Rs 900 crore in the same quarter in the previous financial year. Net interest margin was at 2.53 per cent at the end of the quarter under review. During the period, the operating profit of the bank increased marginally to Rs 545 crore compared to Rs 540 crore a year ago. The bank's asset quality showed improvement .

RBI's measures to attract foreign currency inflows are expected to improve liquidity and support lending margins as major private sector banks, including HDFC and Axis Bank, report Q1 earnings

Net interest income increased 23.1% to ₹1,024.72 crore, while provisions fell 64.7% and the gross NPA ratio improved to 1.38% year-on-year

The RBI and UAE central bank are discussing regulatory hurdles as India seeks to attract more foreign-currency deposits from NRIs to strengthen forex reserves

Balasubramanian said the Reserve Bank of India's recent measures to attract foreign capital could bring as much as $75 billion in inflows

No certificate of deposit issuance was recorded over three trading sessions as lenders turned to cheaper overseas forex funding backed by the RBI

Healthy credit growth and treasury gains are expected to lift banks' Q1FY27 profits, while asset quality remains stable despite concerns over the West Asia conflict

ICICI Bank will become the fourth commercial bank to take advantage of RBI's concessional swap window for overseas foreign currency borrowing

Rupee sees strongest monthly rise since West Asia war started

Back-to-back CFO resignations at Axis and Bandhan Bank fuel speculation of a leadership reshuffle, with Puneet Sharma tipped for HDFC Bank's top finance role

Premium rose steadily after HDFC secured tightest-ever spread for an Indian lender

Market participants expect the RBI to disclose FCNR(B) inflow data regularly after asking banks to submit daily figures under the special concessional scheme

The demand from banks remained muted at the Reserve Bank of India's (RBI) three-day variable rate repo (VRR) auction held on Friday, indicating limited demand for short-term funds from banks. The central bank received bids worth Rs 16,750 crore from banks at the VRR auction against the notified amount of Rs 1 lakh crore. The RBI accepted the entire amount at the auction at a cut-off and weighted average rate of 5.26 per cent. Liquidity conditions in the banking system remained in surplus, though at a lower level. According to the latest data available with the RBI, systemic liquidity surplus stood at around Rs 19,163.11 crore as on June 18. The liquidity position improved marginally compared with the previous day but remained lower, reflecting tighter conditions in the banking system. The muted participation in the VRR auction indicates limited demand for short-term funds from banks despite the RBI providing liquidity support through variable rate repo operations. The VRR auctio

Expected inflows could help narrow the credit-deposit gap

The lenders sought clarity from the Reserve Bank of India if they can use a portion of deposits collected from non-resident Indians as collateral

S&P Global Market Intelligence expects asset quality at major lenders to improve further, even as margins remain under pressure from changing interest-rate dynamics