Banking
Axis AMC forays into SIFs; Anand Rathi Wealth net profit falls 10.4%
The asset manager has appointed former Avendus Capital executive Nandik Mallik to lead its specialised investment fund business
 "Axis AMC forays into SIFs; Anand Rathi Wealth net profit falls 10.4%")
Banks set for healthy Q2 profit growth as FCNR(B) inflows weigh on margins
Bloomberg consensus estimates project banks' Q2FY27 net profit at ₹1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.
 "Banks set for healthy Q2 profit growth as FCNR(B) inflows weigh on margins")
RBI study fills four-month gap in state inflation data using survey inputs
Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series
 "RBI study fills four-month gap in state inflation data using survey inputs")
RBI should widen LAF corridor to stabilise financial markets: SBI report
The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets
 "RBI should widen LAF corridor to stabilise financial markets: SBI report")
Indian banks lose market value in Q2, but select lenders gain
HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value
 "Indian banks lose market value in Q2, but select lenders gain")
HDFC Bank's WTD expansion may set succession template for large banks
The bank's move to increase its whole-time director strength to five could encourage other systemically important lenders and upper-layer NBFCs to build deeper leadership pipelines
 "HDFC Bank's WTD expansion may set succession template for large banks")
State-owned banks raise repo-linked lending rates by 25 bps after RBI move
Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers
 "State-owned banks raise repo-linked lending rates by 25 bps after RBI move")
HDFC Bank's Anup Bagchi set to become India's highest-paid bank CEO
HDFC Bank proposes ₹35.9 crore in annual compensation for incoming MD & CEO Anup Bagchi, including ₹26.92 crore in variable pay, besides a ₹7.35 crore joining bonus
 "HDFC Bank's Anup Bagchi set to become India's highest-paid bank CEO")
Banks park ₹79,655 crore at Reserve Bank of India's 29-day VRRR auction
Banks bid ₹79,655 crore in the RBI's 29-day VRRR auction against ₹2 trn offered, while the 10-year benchmark yield rose to 7.29% amid expectations of OMO sales
NPCI chief Asbe joins Swift's supervisory board as independent director
NPCI MD and CEO Dilip Asbe joins Swift's 15-member supervisory board, which will oversee the global financial messaging network's strategy and strengthen international cooperation
 "NPCI chief Asbe joins Swift's supervisory board as independent director")
Citi helps Indian companies raise nearly $16 billion so far in 2026
Citi has helped Indian companies raise nearly $16 billion through debt and equity markets in 2026 and advised on M&A transactions worth over $36 billion amid strong deal activity
 "Citi helps Indian companies raise nearly $16 billion so far in 2026")
EMIs set to rise as RBI begins rate-hike cycle with 25 bps increase
RBI changes the policy stance to "calibrated tightening" from neutral
 "EMIs set to rise as RBI begins rate-hike cycle with 25 bps increase")
Rate hike to widen banks' margins as EBLR-linked loans reprice faster
Deposit rates may rise with a lag, credit demand seen holding up
 "Rate hike to widen banks' margins as EBLR-linked loans reprice faster")
RBI removes Paytm Payments Bank from list of recognised scheduled banks
RBI removes Paytm Payments Bank from the scheduled banks list after cancelling its banking licence over regulatory non-compliance
 "RBI removes Paytm Payments Bank from list of recognised scheduled banks")
Surplus liquidity may not persist beyond FY27: RBI Governor Malhotra
Sanjay Malhotra says currency leakage and OMOs will absorb funds; calls CRR hike among least preferred tools for RBI
Bank deposits, demat investments in single account statement soon
Demat account holders will get a consolidated view of investments and bank deposits from January 1, while RBI also plans interoperability among account aggregators
RBI to firm up views on Irdai's proposed insurance commission overhaul
Governor Sanjay Malhotra says the RBI will submit comments on Irdai's draft commission framework, which proposes product-level caps and lower management expense limits
RBI announces two measures to ease financial information access for users
The RBI will allow interoperability among account aggregators and enable bank deposit details in consolidated account statements, alongside a new financial markets committee
 "RBI announces two measures to ease financial information access for users")
NBFC credit grows 15.8% in August, trails banks; gold loans surge 69%
NBFC retail credit grew 22 per cent year-on-year to ₹26.48 trillion in August, led by a 69.1 per cent surge in gold loans, while overall credit growth lagged banks
 "NBFC credit grows 15.8% in August, trails banks; gold loans surge 69%")
Banks sweeten offers for retail customers as festive shopping picks up
Loan fee waivers, rate concessions, and card deals target shoppers
 "Banks sweeten offers for retail customers as festive shopping picks up")