Indian Banks

Central Bank of India is well-positioned to reach the milestone of Rs 5,000 crore annual profit during the current fiscal year after clearing the deferred tax asset, according to the bank's MD and CEO, Kalyan Kumar. In the March quarter of FY26, the state-owned bank took a one-time hit of Rs 632 crore due to the recognition of deferred tax assets at a rate of 25 per cent, as against 35 per cent. "From the current year, we are migrating to the new tax regime and it will give us additional benefit of Rs 600-700 crore in our annual profit that is going to help us in bringing improvement in the bottom line," Kumar told PTI in an interview. Asked if the bank can cross the Rs 5,000 crore milestone in FY27, he said, "The bank booked a profit of Rs 4,369 crore in FY26 and Rs 5,000 crore should not be any challenge for Central Bank of India (going by the current run rate)." Stressing that customer centricity is the most important thing for any financial organisation, he said the company mus

Banks are seeing early interest in ECLGS 5.0 as MSMEs seek extra liquidity buffers amid rising uncertainty linked to the West Asia crisis

The resumption is expected to boost the country's gold imports, widen ‌the trade deficit and put more pressure on the rupee, which is among Asia's worst-performing currencies this year

Indian Bank plans a qualified institutional placement in Q3 FY27 to absorb the impact of RBI's expected credit loss framework coming into effect from April 2027

Indian banks relied heavily on MSMEs to drive credit growth in FY26, and were bracing for stress in the segment in FY27 due to the West Asia situation

Indian banks' ROAs may have peaked at 1.4% in FY25, with declining net interest margins, rising costs and funding pressures expected to limit further profitability gains

Nifty may remain rangebound in near-term; investors may prefer a calibrated strategy - staying invested while selectively booking profits in overheated stocks, says Ajit Mishra of Religare Broking.

Indian Overseas Bank plans to front-load ECL provisions while sustaining credit growth, backed by strong retail, MSME, and agriculture lending momentum

Firms are looking to increase the total number of positions by 15% to 20%, according to estimates by the executive search firms Sheffield Haworth and Native, compared with last year's growth of 18%

Domestic lenders likely to see GNPAs at 2-2.2% in FY27, with MSME segment facing some pressure while corporate and retail portfolios remain stable

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

RBI imposed limits on banks on ‌March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10

Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal

Stress may show up in MSME portfolio of banks going forward, brokerage say

RBI data shows sDQI for scheduled commercial banks rises to 90.9 in December 2025, with gains in accuracy and consistency but some decline in completeness and timeliness

Ever wondered why banks' advances and deposits spike in the last few days of March - only to drop soon after?

The next round of appointments to private bank boards following Atanu Chakraborty's resignation as HDFC Bank chairman will be subject to intense scrutiny by the RBI

State-run Indian Bank on Monday said it has raised Rs 5,000 crore through a 10-year, long-term infrastructure bond issue at a coupon rate of 7.15 per cent. The lender received two bids for a cumulative amount of Rs 3,100 crore at 7.13 per cent coupon, two bids each for a cumulative value of Rs 4,100 crore and Rs 5,050 crore, at a coupon rate of 7.14 per cent and 7.15 per cent, respectively, market sources said. Additionally, the bank received one bid for a cumulative amount of Rs 5,075 crore, market participants added. The bank planned to raise Rs 5,000 crore, including Rs 3,000 crore in the greenshoe option. The bonds have been rated 'AAA' with 'Stable' outlook by CARE and CRISIL. Pay in and allotment of the bonds will take place on March 24. Pay in is the date when investors and the issuer exchange bonds and money.

RBI reassures on HDFC Bank after board exit, highlighting its D-SIB status and strong governance while explaining why systemically important banks are key to financial stability

Bank credit growth accelerated to 14.5% year-on-year in the fortnight ended February 28, while deposit growth strengthened to nearly 12%, according to RBI data