Page 11 - Banking

Banks may turn to domestic bond market in H2FY26 for Tier-II bonds

After a lackluster first half in FY2026, banks are likely to turn to fresh Tier-II bonds to strengthen their capital base and to replace earlier issuances raised at a higher coupon rate

Four banks may log in to NBBL's 'interoperable netbanking' in October

Reserve Bank of India (RBI) Governor Sanjay Malhotra is expected to launch the new netbanking switch at the Global Fintech Fest 2025, scheduled for October 7-9.

Next-gen public-sector banks on agenda as two-day Manthan begins

Focus on cybersecurity, customer experience, scaling strategies

PSBs must marry innovation with trust, says SBI chairman CS Setty

SBI Chairman Challa Sreenivasulu Setty says PSBs must combine innovation, resilience and trust to stay competitive as digitalisation, fintech and cybersecurity reshape banking

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

PSBs shut 1.5 mn inoperative Jan Dhan accounts in 1-time exercise in April

Launched in August 2014, PMJDY was launched by Prime Minister Narendra Modi as a financial inclusion programme to provide access to banking services to a vast unbanked population

GST reforms expected to lower inflation, create room for rate cut

A rate cut will also depend on how the central bank assesses growth, post the 50 per cent tariff imposed by the US, with the additional 25 per cent came into effect from late August

FinMin likely to host two-day PSB Manthan with PSU bank leadership

The two-day brainstorming session, beginning September 12, would see participation of top management of public sector banks (PSBs), they added

Banks betting on festive season, GST cut to boost credit growth in H2FY26

Banks are launching attractive loan offers, with credit growth expected to rise during the festive season and after GST cuts. Retail lending is set for significant growth in H2 FY25

SBI sets Sep 5 as record date to exercise call option on Tier-II bonds

The bank has approval from the board of directors to raise up to Rs.20,000 crore through debt capital in 2025-2026 (FY26)

SBI raises $500 mn at record-tight spreads after S&P's India rating upgrade

The final pricing guidance for SBI's five-year dollar bond was set at 75 basis points above the five-year US Treasury yield, translating into a coupon rate of 4.50 per cent

Banks nearing limit to buy bonds; RBI meeting bankers ahead of H2 calendar

Banks are nearing their internal limits on state bond purchases amid rising supply and widening spreads, prompting RBI consultations ahead of the H2 borrowing calendar

RBI clears reappointment of R Gandhi as Yes Bank Chairman till 2027

The Reserve Bank of India (RBI), through its letter dated September 1, 2025, has approved the re-appointment of Rama Subramaniam Gandhi as part-time Chairman of the bank

PSBs' share in household deposits falls to 63%, private banks gain ground

The rise of small finance banks has also added to the competitive intensity, suggesting that private sector players will likely continue to expand their share in the market

Deutsche Bank puts India retail banking business up for sale, invites bids

The Germany-based bank has pledged to make its retail business more profitable

Banks see thinning spreads, driven by credit dip, lower deposits, rate cuts

Growing competition in corporate and institutional credit as well as in home loans, and lower interest rates have also put pressure on lending margins

Bank of Baroda slashes car loan, LAP rates ahead of festive season

Bank of Baroda reduces car loan rates to 8.15% and loan against property rates to 9.15%, effective immediately, as part of festive season offers linked to borrower profiles

BS Infra Summit: How lending trends in 2010s created bad loan crisis

The paper notes that the problem was not just weak lending choices; core project risks were built into the model

SFBs' Q1 net profit slumps 76% to ₹309 crore as credit costs rise

Small Finance Banks reported a 76 per cent drop in Q1 net profit as provisions surged and net interest income weakened, while gross NPAs jumped nearly 70 per cent year on year

AIBOC opposes Centre's plan to privatise IDBI Bank, warns of social risks

Bank officers' union AIBOC has opposed the Centre's plan to privatise IDBI Bank, saying it endangers public trust, social justice and economic sovereignty while risking financial exclusion