Page 2 - Banking

Banking liquidity surplus stays over ₹5 trillion for fifth straight day

Surplus liquidity in the banking system remained above Rs 5 trillion for the fifth straight day, supported by government spending and bond redemptions

Bank borrowings to dominate NBFC funding mix in FY27: CRISIL Ratings

Share of bank loans in NBFC borrowings is expected to rise further in FY27 as bond yields stay elevated and external commercial borrowings remain muted amid volatility

Bank credit, deposit growth at 16.08% in FY26, fastest since FY24

Bank credit expanded at the fastest pace since FY24, driven by corporate and MSME demand, while deposit growth lagged, widening the gap in the banking system

Ambedkar Jayanti 2026: Are banks open or closed today? Check status

Bank Holiday Today: Central government offices are closed on April 14, 2026. Many banks across India will also remain shut, as Ambedkar Jayanti coincides with Tamil New Year and Vaisakhi

RBI returns Ujjivan SFB's application to convert into universal bank

After Jana SFB, Ujjivan SFB is the second SFB whose application has been returned by RBI

RBI rejects Ujjivan SFB's application for universal banking licence

In a regulatory filing, Ujjivan SFB said the Reserve Bank has taken note of the bank's recent efforts towards diversification of its loan portfolio

RBI scrutinises methods banks use for unwinding rupee arbitrage trades

Following the central bank's measures, the rupee has recovered from near 95.20 per US dollar to near 92.50, before paring its rally on Monday

Bankers see merit in RBI's one-hour e-payment lag despite cost concerns

Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000

RBI absorbs ₹2 trillion via 7-day VRRR auction, first in 4 months

RBI drains Rs 2 trillion surplus liquidity through VRRR auction, its first in four months, pushing bond yields higher amid excess liquidity in banking system

Sa-Dhan unveils Sankalp 3.0 to boost governance, risk in microfinance

Sa-Dhan launches Sankalp 3.0 guardrails to improve governance, risk management and customer protection in microfinance sector amid improving asset quality

10 years of UPI: Many records, but limited incentives restrict growth

A decade after launch, UPI dominates digital payments but slowing growth and lack of MDR incentives raise questions over its next phase

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking liquidity hits four-year high on G-sec maturities, with surplus nearing ₹5 trillion and call rates softening as RBI signals continued proactive support

RBI policy prudent, well-calibrated: Bankers welcome regulatory measures

Bankers back RBI's status quo on rates, calling it a prudent move amid global uncertainty, while welcoming steps to boost capital and MSME liquidity

RBI plans to rationalise board norms, shift focus to strategy, policy

RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders

India's banking system resilient, safe, strong: RBI Governor Malhotra

RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place

RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR

Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal

Average unclaimed deposit payouts rise to ₹760 crore per month: RBI

RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts

No governance or conduct-related issues found: RBI Guv on HDFC Bank

Guv said the RBI in its press release on March 19 too had said there were no material concerns on record as regards the bank's conduct or governance

RBI sees resilience despite West Asia crisis as it keeps repo rates steady

RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp

MSME, retail demand to drive bank credit growth by 13% in FY27: Crisil

Newer options such as acquisition financing, now allowed for banks by the RBI, should also support credit growth