Page 26 - Banking

Govt extends tenure of BoI, BoB managing directors for 3 years

Government extends tenures of BoI and BoB chiefs by three years, ensuring leadership continuity across key PSU banks; decision on UCO Bank CEO still pending

Credit growth to slip below 12% in FY27 amid global uncertainties: Icra

Icra expects bank credit growth to ease below 12 per cent in FY27 as West Asia conflict, higher oil prices and deposit competition weigh on lending, margins and asset quality

Banks dangle 30% raises for dealmakers to meet IPO demand in India

Firms are looking to increase the total number of positions by 15% to 20%, according to estimates by the executive search firms Sheffield Haworth and Native, compared with last year's growth of 18%

HDFC, ICICI, Yes Bank see limited West Asia war impact, to stay vigilant

Banks report no immediate asset quality stress from West Asia tensions but warn of possible near-term impact, especially on SMEs and macro indicators, as uncertainty persists

Banking sector resilient; 11-13% credit growth for Jan-June likely: Survey

In contrast, industrial credit growth is expected to expand at a more measured pace, reflecting a gradual recovery rather than a sharp acceleration

Indian banks' credit portfolio resilient amid West Asia conflict: CRISIL

Domestic lenders likely to see GNPAs at 2-2.2% in FY27, with MSME segment facing some pressure while corporate and retail portfolios remain stable

Credit growth outpaces deposit mobilisation in FY26 despite easing

Bank credit growth continued to exceed deposit mobilisation in FY26, highlighting persistent funding pressures for lenders despite a year-on-year improvement in both metrics

HDFC Bank's governance, financial metrics hold well: InGovern Research

InGovern says HDFC Bank's governance and financial metrics remain strong despite Atanu Chakraborty's exit, with RBI also ruling out any material concerns

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