Page 2 - Banking

Outstanding CP falls Rs 1 trillion since Aug 2025 as CD issuances rise

Investors are moving away from commercial papers towards certificates of deposit as issuances and rates rise, with banks tapping CDs to manage deposit tightness, RBI data show

Bank unions calls DFS move to revise PLI framework 'discriminatory'

UFBU alleges proposed changes to performance-linked incentive structure in public sector banks are discriminatory and violate status quo agreed during conciliation

Reserve Bank of India moots rules to rein in harsh debt recovery

The proposed norms will come into effect from July 1, 2026. Feedback on the draft may be submitted by March 4, 2026

Lok Sabha panel urges banks to scrap penalties on minimum balance rule

Instead of imposing penalties, the panel suggested that banks encourage customers to maintain higher balances through incentives such as reward points, fee waivers and interest rate benefits

RBI gives ICICI AMC approval to raise stake in HDFC Bank to 9.95%

If ‌ICICI group's stake in the lender falls below 5 per cent, it ‌will need ​fresh RBI ​approval to raise the shareholding to 5 per cent or more

Banks issue over ₹1 trillion worth of CDs in February as rates soften

Banks raise over Rs 1 trillion via certificates of deposit in early February as short-term rates ease amid surplus liquidity and rising credit demand

ULI lender base grows to 89; interface has supported over 12 loan journeys

RBI's ULI onboards 89 lenders, supports 12+ digital loan journeys, enabling MSME, agri and retail credit via common tech infrastructure

Digital banking should be clear, unambiguous: RBI deputy governor

Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses

UBS opens new GCC in Hyderabad, to add 3,000 jobs next 2 years

With the new facility, UBS plans to add nearly 3,000 professionals over the next two years, the Swiss firm said in a release

Goldman Sachs bets big on India with $500 million banking push

Goldman has now injected about $500 million into its India banking franchise over the last three years, demonstrating its commitment to the world's fastest-growing developing economy

India Inc's bank pivot spurs corporate credit growth on economic pickup

Banks see strong revival in corporate lending as higher bond yields and improved working capital utilisation push companies back to bank loans in Q3FY26

Sidbi, Nabfid and Hudco to tap debt capital market for ₹13,500 crore

Sidbi, Nabfid and Hudco will raise Rs 13,500 crore through bond issuances this week, even as higher yields and geopolitical risks continue to weigh on corporate debt fundraising

Public sector banks post 18% growth to record ₹52,603 cr profit in Q3 FY26

Market leader SBI alone contributed 40 per cent to the total earnings of ₹52,603 crore, as per the published numbers on stock exchanges

ESAF SFB to apply for universal banking licence after 2 years, says MD

Thrissur-based ESAF Small Finance Bank will wait at least two years to seek a universal banking licence as it pivots to secured lending to improve asset quality and profitability

PSU banks profit to cross ₹2 trn milestone in FY26: DFS Secy Nagaraju

Stressing that the Indian banking sector is in good shape, he said credit growth of PSBs is at 12 per cent this year, which is tremendously "good"

Govt to constitute high-level committee on banking soon: FM Sitharaman

We want the committee to tell us what kind of things we need to do so that banking is made available for funding Viksit Bharat, said FM

Banks to pay deposit insurance premiums under new system starting April 1

India will shift to risk-based deposit insurance premiums from April 1, replacing the decades-old flat fee system to reward banks with stronger risk management

Treasury income supports public sector banks' earnings in Q3 FY26

Healthy treasury gains helped public sector banks cushion muted NII growth in Q3, even as higher bond yields and slower deposit growth weighed on margins

Blackstone gets RBI approval for 9.99% stake purchase in Federal Bank

The investment will make the private equity firm the largest shareholder in Federal Bank, which does not have a promoter, with all its shares publicly held

High-level banking panel for Viksit Bharat a key step: Bandhan Bank founder

Ghosh said the recommendations of the proposed banking committee would have a positive spillover for lenders operating in the microfinance space