Page 4 - Anupreksha Jain

Govt opens up State Bank of India managing director position to pvt sector

FSIB may hire HR agency to carry out behaviour and competency assessment of candidates

PNB to allocate 20% of FY26 spend to boost IT, digital infra: CEO Chandra

Last financial year, almost 62-63 per cent of the capital expenditure and 19 to 20 per cent of the revenue expenditure went towards IT and digital infrastructure

CBDC will transform cross-border payments, says Bank of Baroda MD & CEO

"BoB is currently anchoring CBDC initiatives in collaboration with the Reserve Bank of India," he said. RBI is currently conducting pilot projects on CBDC

Private sector banks see dip in market cap in Jul-Sep: S&P Global

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

Rural centres emerge as new frontier for banks' ATM expansion drive

According to industry experts, maintaining ATMs for banks has become an expensive task in urban cities as most ATMs remain idle with people using less cash amid rise in UPI transactions

Lending cap on large corporations lifted as RBI scraps 2016 circular

RBI has withdrawn its 2016 system-wide cap on lending to large corporates citing reduced risks, while large exposure limits for individual banks will remain in force

Tata Sons deregistration: RBI declines comment, says licence still valid

RBI governor Sanjay Malhotra declined to comment on Tata Sons' deregistration request, saying registered entities continue operations until their registration is cancelled

RBI to ease risk weights for NBFC infra loans, cut financing costs

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by these entities

Credit quality of Indian companies likely to remain stable in H2FY26

Rating agencies say easing monetary cycle, declining inflation supporting this

Non-bank funding rose as bank credit slowed in FY25: RBI Bulletin

Non-bank sources including NBFCs, equity issuances and short-term external credit offset moderation in bank lending, raising overall funding flows to the commercial sector

RBI paper says monetary policy transmission to NBFCs remains incomplete

RBI research shows incomplete transmission of policy rates to NBFCs as higher borrowing costs, risk perception and reliance on banks and markets dampen rate adjustments

Banks, NBFCs roll out festival season offers to revive credit demand

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

India's forex reserves rise $4.7 bn to $703 bn, close to record high

Foreign exchange reserves climbed for the second straight week, led by gains in foreign currency assets and gold holdings, bringing the total near the $705 billion record

Banks' era of infrastructure funding is over: Nabfid chairman K V Kamath

NaBFID Chairman KV Kamath says banks can no longer be primary infra financiers due to structural limits, with markets and DFIs better placed to meet India's long-term needs

RBI sets up regulatory review cell to revisit rules every 5-7 years

RBI has established a regulatory review cell to assess norms every 5-7 years and formed an external advisory group of experts to channel industry feedback into the review process

Corporate credit growth to revive in H2 FY26, says Crisil Ratings

Crisil Ratings expects bank credit growth to accelerate in H2 FY26 to 11-12%, driven by retail loans and NBFCs, with corporate credit growth rebounding to 9.7%

Banks step up focus on fee-based income; treasury gains come under pressure

Further, bankers said that there is still room to reduce rates on term deposits, and bulk deposit rates have already declined

Indian banks' dividend payouts may fall by 4.2% in FY26, says S&P

S&P Market Intelligence expects Indian banks' dividend pay-outs to decline 4.2% in FY26 as margins and profits weaken, with HDFC Bank and Bank of Baroda set to cut dividends

NBFCs see minimal relief in borrowing costs despite aggressive rate cuts

Muted transmission of repo rate reductions keeps borrowing costs high, with analysts expecting full benefits to flow in gradually over 18 months

Slim credit demand sees large PSBs turn focus to mid-sized corporates

With muted demand from large corporates, state-owned banks are shifting focus to mid-sized firms, which offer higher yields and stronger margins despite competition from bond markets