Page 2 - Abhijit Lele

RBI's nod for banks' M&A funding may force tweak to sensitive sector norms

Bankers say that given the substantial exposures banks will have to take for M&A financing, the current ceiling for banks' exposure to the sensitive sectors is likely to be a hurdle

BoB Q2 profit dips 8% to ₹4,809 cr as non-interest income declines

Bank of Baroda's net profit fell 8.2 per cent in Q2 FY26 to Rs 4,809 crore on lower recoveries; the lender made a Rs 400 crore floating provision ahead of the ECL transition

CreditAccess Grameen Q2 net profit falls 32% on higher provisions

Microfinance lender sees profit decline amid higher write-offs, but net interest income and margins show sequential improvement

Tata Capital Q2 profit rises 33% to ₹1,128 cr on strong loan growth

Strong loan growth, higher fee income and steady asset quality boost Tata Capital's quarterly performance; firm expects 18-20% AUM growth in FY26

MSME confidence dips modestly on US tariffs; optimism steady for Q3

SIDBI survey shows the MSME Business Conditions Index eased slightly in Q2FY26 on US tariff concerns but points to stronger optimism for Q3 and FY27

NBFCs' two-wheeler loan portfolio to grow 18-19% in FY26: CareEdge

GST cut and improved rural demand to support growth; lenders adopt cautious stance amid rising asset quality stress in the two-wheeler loan segment

Bank of India Q2FY26 results: Net profit up 7.62% on dip in credit costs

The Mumbai-based lender's shares ended 1.67 per cent lower, closing at Rs 123.30 per share on the BSE

LT Finance Q2FY26 net profit up 6 per cent, GST reform to support growth

LT Finance reported a 6% Y-o-Y rise in Q2 net profit to ₹735 crore, with strong loan growth and GST 2.0 reforms expected to boost momentum in the second half of FY26

HDB Financial's Q2 profit dips 1.6% to Rs 581 crore on higher provisions

The NBFC's Q2 net profit stood at Rs 581 crore; NII grew nearly 20% while credit cost surged 74% YoY amid rise in NPAs

NPCI says same-day cheque clearing stabilised; unions seek RBI help

NPCI says the new t+0 cheque clearing system is stable after early glitches, while bank unions urge RBI to ensure smoother implementation during the festive period

Bank unions slam move to open top PSB roles to private candidates

UFBU calls the move to allow private candidates for top roles in state-run banks and insurers a de-facto privatisation of leadership in public institutions

Domestic savings challenge may constrain banks' private sector funding: S&P

Banks are likely to rely more on wholesale domestic and international debt for funding as deposits come under pressure, the rating agency said in a statement

India's outbound FDI moderates to $4.41 bn in September, shows RBI data

While total outward FDI dipped year-on-year, equity commitments tripled to $2.57 billion; Prime Focus, Intas, and Zydus among major overseas investors

Results preview: Bank profits to see sharp dent in Q2 on margin pressure

Credit costs may also weigh on margins, given the stress in the unsecured loan book, bankers said

RBI plans stricter rules for banks, NBFCs on related-party lending

RBI proposes thresholds requiring board approval for related-party lending by regulated entities, with exemptions and stronger reporting and disclosure norms

Falling CASA ratio, lower household deposits may hit stability: CRISIL

CRISIL warns that declining household deposits and a falling CASA ratio could impact funding stability and raise costs for banks over the medium to long term

India Ratings downgrades Wapcos loans on stretched working capital cycle

India Ratings has cut WAPCOS's bank loan rating from A- to BBB citing a stretched working capital cycle, reliance on debt and audit concerns, even as its order book remains strong

PSBs continue to grab higher share in incremental credit growth: RBI

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment

RBI signals openness for licences for new urban cooperative banks

RBI to issue a discussion paper on licensing new UCBs, citing stronger financial performance, better compliance and demand from stakeholders for wider financial inclusion

Consumer confidence up marginally, inflation seen easing ahead: RBI survey

RBI surveys indicate consumer confidence improved in September 2025 in both urban and rural areas, with inflation expectations softening and manufacturers retaining optimism