Banking

RBI's revised norms empower cooperative banks with greater autonomy

RBI's final business authorisation norms expand operational autonomy for co-op banks while strengthening oversight, introducing a four-tier framework for the diverse UCB sector

Russia's Gazprombank, Alfa Bank seek RBI approval to set up India branches

US President Donald Trump has piled pressure on New Delhi over its ties with Moscow as India and Russia aim for bilateral trade of $100 billion by 2030, from $69 billion currently

Russia's Sberbank to invest $100 mn to expand operations in India: CEO

The bank, which established its operations in 2010, has sought 10 branch licences from the RBI to be opened across 10 cities

In a first, complaints against private banks exceed PSBs in FY25

Private banks drew more complaints than state-owned lenders for the first time in FY25, as overall grievances under RBI's Ombudsman Scheme rose sharply

RBI retains SBI, HDFC Bank and ICICI Bank as systemically important banks

RBI on Tuesday said SBI, HDFC Bank and ICICI Bank will remain domestic systemically important banks, requiring them to hold extra capital buffers based on their systemic importance

Govt to divest up to 6% stake in Bank of Maharashtra, eyes ₹2,600 cr

At the current market price, the government would be able to garner about Rs 2,600 crore by offloading up to 6 per cent stake in the bank

Bank holidays December 2025: Check when banks will be closed in your state

RBI has released the December 2025 bank holiday list, detailing when the banks will be closed across states for regional and national festivals

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

RBI imposes ₹91 lakh penalty on HDFC Bank for violation of norms

The bank had also outsourced the function of determining compliance with KYC norms of certain customers to its outsourcing agents

PSBs eye M&A market but face talent, pay and regulatory hurdles ahead

The RBI has opened the M&A financing market to PSBs, but banks now face challenges around compensation structures, governance oversight, specialist hiring and regulatory constraints

Bank credit to improve to 11.5-12.5% in FY26, says CareEdge Ratings

Careedge expects stronger bank performance in FY26, with credit growth rising to 11.5-12.5% on consumption and corporate demand, even as weak deposit growth keeps the credit-deposit ratio high

SBI may not need equity for 6 yrs, to raise ₹12,500 cr via bonds: Setty

The SBI chairman also expressed confidence in achieving its 3 per cent net interest margin guidance even if the Reserve Bank decides to cut the repo rate by 0.25 per cent in next week's review

SBI confident of 3% NIM even if RBI cuts rate next week: Chairman Setty

Earlier this week, RBI Governor Sanjay Malhotra said that there is a space for a rate cut and it was mentioned in the last bimonthly policy in October

Private banks may lose ground again in FY26 as credit growth lags

Analysts attribute the relative slowdown among private-sector banks partly to specific events, notably the merger between HDFC Bank and HDFC

Seasonality rises in demand deposits, banks' cash in hand, says RBI report

Seasonality, a fundamental component of economic data alongside trend and cyclical movements, reflects recurring patterns arising from weather, production cycles, holidays and institutional behaviour

Citi India nears $1 billion in asset-backed securities amid rising demand

India's relatively small securitization market has been heating up, led by a surge in originations by non-bank lenders and growing appetite for bundled debt from banks and mutual funds

RBL Bank, Emirates NBD leaderships chart out post-investment road map

The transaction is to be executed through a primary infusion of roughly $3 billion, or ₹26,850 crore, and the proposed investment is to be made via a preferential issue of up to 60% in RBL Bank

GST boost fuelling growth; private capex showing spark: HDFC Bank

NIMs could improve going forward for the bank as borrowings are replaced by deposits and deposits get repriced downwards

Bank holiday update: Will banks be shut for Shaheedi Diwas on Nov 25?

The Delhi Govt has announced a public holiday on Nov 25 on account of the 350th Shaheedi Diwas. Therefore, many are wondering if banks will also be closed on that day. Let's find out here

PSU NBFCs plan to raise up to ₹24,000 crore through bonds next week

PSU NBFCs Nabard, Sidbi, PFC and IRFC will raise up to ₹24,000 crore next week as issuers rush to lock in funds ahead of the RBI's December policy review amid expectations of firming yields