Page 12 - Banking Industry

RBI framework suggest impact analysis before finalising regulations

RBI's new framework proposes mandatory public consultation, impact analysis, and periodic review for significant regulations, promoting transparency in rule-making

Punjab National Bank Q4 results: Net profit rises 51.7 % to ₹4,567 cr

Punjab National Bank reported a 51.7 per cent rise in Q4FY25 profit as lower NPAs, higher retail credit and strong digital growth boosted overall performance

Nifty PSU Bank index slips 5%, sees sharpest one-day fall in 11 months

The Nifty PSU Bank index was the top loser among sectoral indices that ended 4.8 per cent lower at 6,235.20 levels on the NSE. BoB was the top loser among PSU banks that lost 11 per cent

Well capitalised, can sustain growth for at least next 3-5 years: BoB CEO

The profitability would be sustained this year as we expect improvement in net interest income owing to change in liquidity and interest rate trajectory

Surprise visit by DFS secretary M Nagaraju shows behavioural lapses at PSBs

He was made to wait for an hour to meet the manager in one bank, and in some other PSB branches, he found the behaviour of officials "unsatisfactory"

Too many episodes of financial mismanagement: Where does the buck stop?

Should the resignation of senior bankers on moral grounds draw the curtains on mismanagement and accounting discrepancies?

SBI mulls equity capital raise in FY26; board to discuss proposal

SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025 and annual results for FY25 on May 3, 2025

Our asset growth may be around 25% this financial year: CSB Bank MD & CEO

Mondal talks about the Q4 results, outlook for FY26, and the new draft gold loan norms by the Reserve Bank of India

IndusInd Bank's deputy CEO Arun Khurana quits over accounting lapses

This is the second high-profile exit from the bank in 2025

Central Bank of India's net profit rises 28% on non-core income growth

NII falls 4% as rise in yield on advances; margins contract

Credit card spends surged to 4-month high of Rs 2 trillion in March

Card addition slows in FY25 following higher risk weight norm

AU Small Finance Bank Q4 results: Net profit up 18% at Rs 504 crore

NII of the lender grew 57 per cent Y-o-Y to Rs 2,094 crore in Q4FY25, while other income grew 41 per cent Y-o-Y to Rs 761 crore

Business banking gives strong boost to ICICI Bank's domestic retail book

"Balance sheet growth was healthy in the context of the peer set, with business banking doing the heavy lifting," Yes Securities said in a report

What came first, chicken or egg? The promotion puzzle at a mortgage firm

More than half of whistleblowing complaints made in 2024 were HR-related, according to a recent survey by Safecall, a whistleblowing software and services provider

HDFC Life will keep margins range bound at 25-26%: MD & CEO Vibha Padalkar

Padalkar spoke about how the company bucked the industry trend in terms of growth during Q4 of FY25 while outlining the strategy for FY26

FinMin to hold high-level talks on 'One State, One RRB' execution on May 6

On April 7, the Union government released a gazette notification announcing the amalgamation of several RRBs, effective from May 1, 2025

Banker's Trust: An 8-minute video and a general manager's promotion

Follow the rule book, don't take any initiative, don't try to be innovative. With such vigilance shackles, will public sector banks ever be able to compete with private sector banks?

Banks seek power to freeze accounts in case of illicit transactions

To check cyber fraud through mule accounts, banks are seeking authority to freeze accounts involved in channelling illicit transactions without wasting precious time in seeking permission from authorities. Banks freeze/block accounts based on internal triggers, however, as per the Prevention of Money Laundering Act (PMLA), they do not have the authority to freeze or block customer accounts without proper authorisation from a court or law enforcement agencies (LEAs). "In light of this, we may propose this as a suggestion for further consideration by the RBI," a working group constituted by the Indian Banks' Association said in a report. Mule accounts are used by fraudsters to move illegal funds through the banking system. Although banks freeze thousands of these accounts every year, fraudsters quickly create new accounts using loopholes in the system. Besides, it said, banks may look to verify and restrict accounts most vulnerable to misuse as "mule" accounts for channelling illicit

NBFCs should not take risk beyond their absorption capacity, says RBI

Swaminathan emphasises fair lending, recovery practices

Nifty Bank can hit new high, zoom to 57,000; Breakout, key levels to track

The Nifty Bank has given a breakout above 50,600 levels. Near-term bias is expected to remain positive as long as the index sustains above 50,350 and 49,865 support levels, suggests technical chart.