Page 2 - Banking

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

Govt mulls allowing 49% foreign ownership in state banks to fund growth

The government is discussing raising the foreign direct investment cap to 49 per cent from 20 per cent, federal banking secretary M Nagaraju said

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

Bank credit growth moderates to 13%; deposit growth eases to 10.6%

Bank credit growth slowed to 13.1% and deposit growth to 10.6% in early January, RBI data shows, though FY26 credit outlook remains positive

Travel, insurance emerge as biggest spends of Indian households in CY25

On the other hand, Education, media and entertainment, and e-commerce together account for only a modest slice of household budgets

Business correspondents seek grant, equity funds for capacity building

The Business Correspondent Resource Council has sought the setting up of infrastructure and equity funds to strengthen last-mile banking, citing NSFI goals and RBI findings

Cautious confidence: Amid uncertainty, banks seek to steer with stability

Even as banks boast healthy books, concerns remain across the financial landscape. Raghu Mohan and Abhijit Lele explain why work is not yet complete

Monthly average ticket size of ATM withdrawals increased 4.5% in CY25

ATM cash withdrawals rise in 2025 as average ticket size grows 4.5% to ₹5,835, with semi-urban and rural areas leading consumption demand

RBI proposes disaster relief framework for banks, seeks feedback

The ‍proposed rules will kick in from April 1. The central bank ‍has ‍sought feedback from ‌stakeholders and public until February 17

Banking operations hit as unions go on nationwide strike for 5-day week

Most branches of public sector banks across the country were either completely closed or partially closed as both employees and officers were observing Tuesday's strike

Bank holiday today: Are SBI, BOB, Canara Bank and others closed?

Is bank holiday today: The United Forum of Bank Unions (UFBU) has called an all-India bank strike today, January 27, which may disrupt services at public sector banks such as SBI and PNB

DFS seeks states' support to ensure banking ops during Jan 27 bank strike

The DFS said banks have conveyed that ATMs are being adequately loaded with sufficient cash, and arrangements have been made to ensure timely replenishment