Page 9 - Banking

Gross NPAs of banks likely to be 2.3-2.5% by March 2026, says Crisil

While corporate credit remains stable, CRISIL warns that MSME and unsecured retail segments could see mild stress amid export slowdown and loan seasoning

Private sector banks see dip in market cap in Jul-Sep: S&P Global

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

Banks move to continuous cheque clearing, funds in hours from October 4

From October 4, cheques will be cleared on a near real-time basis under a new continuous clearing system, replacing the batch process and speeding up fund access

Indian banks' business correspondent channel set for major overhaul

The rejig of the world's largest field channel of agents is to be based on the findings of a study conducted by the National Institute of Bank Management under the auspices of the central bank

UPI races ahead, accounts for 84% of total digital payments in FY25

The UPI digital payment system has been fast replacing cash as a preferred mode of payment, and has now taken the lead in overall digital payments

Rural centres emerge as new frontier for banks' ATM expansion drive

According to industry experts, maintaining ATMs for banks has become an expensive task in urban cities as most ATMs remain idle with people using less cash amid rise in UPI transactions

PSBs continue to grab higher share in incremental credit growth: RBI

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment

RBI to ease risk weights for NBFC infra loans, cut financing costs

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by these entities

RBI signals openness for licences for new urban cooperative banks

RBI to issue a discussion paper on licensing new UCBs, citing stronger financial performance, better compliance and demand from stakeholders for wider financial inclusion

RBI allows Indian lenders to fund acquisitions of Indian corporates

RBI permits banks to finance mergers and acquisitions of Indian corporates, expanding capital market lending opportunities but raising concerns over leverage and ALM risks

RBI eases rules by dropping overlap curbs on banks, group entities

RBI has removed proposed restrictions on business overlaps between banks and their group entities, giving operational freedom and boosting major lenders with NBFC arms

RBI unveils incentive scheme to cut unclaimed bank deposits stock

The RBI had earlier launched a dedicated portal called 'UDGAM' to enhance accessibility and simplify the search process for unclaimed deposits

NaBFID eyes partial credit enhancement for bonds worth ₹15,000 cr in H2FY26

These projects are likely to be predominantly from the renewable energy and roads sectors, according to a top NaBFID executive

Bank holidays from Sept 29 to Oct 5, 2025: Check complete list of closures

Bank Holiday: The RBI states that regional and national holidays, such as Gandhi Jayanti, Dussehra, Maha Ashtami, and Maha Saptami, will impact banking services from September 29 to October 5, 2025

Govt keen to retain its say on picking PSB independent directors

During the PSB Manthan earlier this month, some experts and bankers had suggested that the power to appoint independent directors should rest with the boards of PSBs to enhance accountability

RBI revises norms for claims settlement of deceased bank customers

The directions are related to the settlement of claims in the deposit accounts of a deceased customer, safe deposit locker and articles in safe custody by the deceased customer

NBFCs likely to see rise in non-performing retail loans in FY26: Moody's

The latest goods and services tax (GST) reform could spur demand for vehicle loans, but also increase asset risks because collateral values can decline

RBI paper says monetary policy transmission to NBFCs remains incomplete

RBI research shows incomplete transmission of policy rates to NBFCs as higher borrowing costs, risk perception and reliance on banks and markets dampen rate adjustments

Banking system liquidity turns deficit amid tax payments, GST outflows

Experts said the liquidity crunch is expected to be temporary and will pick up on the back of government expenditure

Banks, NBFCs roll out festival season offers to revive credit demand

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali