Banking Industry

RBI's CMI norms set to impact private banks more due to higher exposure

A ban on bank funding for proprietary trading, stricter collateral rules and higher haircuts are expected to hurt pvt banks' exposure and fee income, while shifting brokers toward CP, NBFC borrowing

Japan and India renew $75 bn bilateral swap pact to boost financial safety

Japan and India have renewed their Bilateral Swap Arrangement, keeping the facility size at $75 billion, to strengthen financial safety nets and deepen economic cooperation

HSBC India pre-tax profit increases 10.5% to nearly $1.9 billion

HSBC India's CY25 pre-tax profit rose 10.5% to $1.9 billion, led by strong corporate banking performance, as India became its second-largest Asian profit contributor after Hong Kong

Yes Bank looks to exit FY26 with ROA of 1%, says CFO Niranjan Banodkar

Private sector lender YES Bank which is on the recovery path expects to close the ongoing financial year with a return on assets of 1 per cent, the bank's Chief Financial Officer Niranjan Banodkar said. Return on assets (ROA) is a profitability metric that measures how efficiently a bank uses its assets to generate profit. A higher ROA indicates better asset utilization and an increase in the bottom line. "The bank will exit the current fiscal year with an ROA of 1 per cent, and on an annual basis, the ROA will exceed 1 per cent in the next fiscal year," he told PTI. For the December quarter, the bank reported a net profit of Rs 952 crore, registering a growth of 55 per cent on an annual basis and 45 per cent on a quarter-on-quarter basis. The reported annualised return on assets (ROA) for the quarter further improved to 0.9 per cent against 0.6 per cent in the previous quarter as well as the corresponding quarter last year. The annualised reported ROA for nine months has improved

PSBs outperform private peers yet again as quarterly profits hit new high

The combined net profit of listed universal banks crossed Rs 1 trillion for the first time in a quarter, in December, with three banks contributing at least 50% to it

Focus on consumers: RBI's draft proposals to make banking experience better

The proposed rules prohibit abusive calls, public humiliation, anonymous or excessive contact, outreach to relatives, and recovery attempts outside permitted hours

The story behind mis-selling: A byproduct of bank incentive architecture

Mis-selling is not an aberration but a structural byproduct of the current incentive architecture in most banks

Reserve Bank of India allows bank loans for unlisted, listed takeovers

Caps funding at 75% of acquisition value

Commercial banks reap windfall from surplus liquidity arbitrage

TREP, CD rates crash as RBI stays away from surplus liquidity absorption

Citi appoints Ankur Khurana as head of commercial banking in India

Ankur Khurana has been appointed head of Citi's commercial banking operations in India and will be responsible for driving strategy, growth and performance of the business

Tamilnad Mercantile Bank adopts Oracle Fusion Cloud to boost efficiency

The private sector lender says Oracle Fusion Cloud Applications have helped unify finance, HR and customer experience operations, driving automation, productivity gains and cost savings

Kotak Mahindra Bank CTO Bhavnish Lathia resigns, Nilesh Chaudhari steps in

Kotak Mahindra Bank said CTO Bhavnish Lathia has resigned citing personal reasons and will step down in February 2026; Nilesh Chaudhari has been appointed his successor

IDFC First Bank Q3FY26 results: Net profit rises 48% to ₹503 crore

IDFC First Bank on Saturday reported a 48 per cent increase in net profit to Rs 503 crore for the third quarter ended December 2025. The private sector lender had earned a net profit of Rs 339 crore in the same quarter a year ago. Total income increased to Rs 12,542 crore during the quarter from Rs 11,123 crore in the same period a year ago, IDFC First Bank said in a regulatory filing. Interest income increased to Rs 10,417 crore from Rs 9,343 crore in the same quarter a year ago. Net Interest Income (NII) increased to Rs 5,492 crore in the third quarter of FY26 from Rs 4,902 crore in the third quarter of the previous financial year. However, Net Interest Margin (NIM) eased to 5.76 per cent in the quarter from 6.04 per cent recorded in the December quarter of the last year. On the asset quality front, the bank's gross non-performing assets ratio moderated to 1.69 per cent from 1.94 per cent a year ago. However, net NPAs, or bad loans, marginally increased to 0.53 per cent from 0

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

Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week. The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting with the Chief Labour Commissioner on January 23 failed to yield a positive outcome. "Since there was no positive outcome and the government did not agree to our demand, hence this strike is forced on us. Bank employees and officers are highly aggrieved that they alone are being discriminated against," All India Bank Employees Association (AIBEA), a constituent of UFBU, general secretary C H Venkatachalam told PTI. 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. Services such as cash deposits, withdrawals, cheque ...

Axis Bank Q3 results: Net profit rises 3% to ₹6,490 cr, NII at ₹14,287 cr

Following several quarters of slower growth, lenders reported double-digit loan growth in the Oct-Dec period, as the local festive season and sweeping consumption tax cuts spurred consumer spending

Rate cuts drive stronger loan growth, boosting profits for India's banks

Banks will see loan growth pick up in the October-December quarter after the RBI's rate cuts last year and the 100 basis points cut to the cash reserve ratio in June

Central Bank of India Q3 profit jumps 32% to ₹1,263 cr as bad loans dip

State-owned Central Bank of India has posted a 32 per cent jump in profit at Rs 1,263 crore in the third quarter ended December 2025, aided by improvement in bad loans. The Mumbai-based bank had earned a net profit of Rs 959 crore in the same quarter a year ago. Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing. The bank's interest income also rose to Rs 9,033 crore during the quarter, up from Rs 8,509 crore in the same period a year ago. However, the Net Interest Income (NII) marginally declined to Rs 3,502 crore, from Rs 3,540 crore of the corresponding period of the previous year. Similarly, the net interest margin (NIM) eased to 2.96 per cent, compared to 3.45 per cent at the end of the third quarter of the previous financial year. The bank's operating profit improved to Rs 2,293 crore, up from Rs 1,963 crore in December 2024. As regards asset qua

Optimum credit-deposit ratio for banks is 76-80%, says SBI report

CD ratio of banks stood at 82% as of December 15

Compliance to compassion: A cultural shift at India's financial regulator

A cultural shift for India's financial regulator - from rule-based monitor to human-centred facilitator

Banker's promise: Building trust for tomorrow in India's banking system

Banks are no longer perceived as buildings or branches but as experiences - instant, intuitive, transparent and ethical