Page 12 - Banking Sector

Arijit Basu: The veteran SBI banker who will now chair IndusInd Bank

Arijit Basu quits HDB Financial Services and is appointed part-time chairman of IndusInd Bank, replacing Sunil Mehta, who demits office at end of his term

On track to achieve ₹25 trn business by Dec 2030: Indian Bank MD & CEO

Indian Bank's Q3 FY26 profit rose 8% as strong RAM loan growth, steady CASA ratio and cautious pricing lifted margins, with MSMEs and retail driving advances

Banks raise Rs 89.5k crore via CDs in December fortnight, rates surge

Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent

IndusInd Bank chairman Sunil Mehta to step down, Arijit Basu to succeed

Mehta will be succeeded by Arijit Basu, who most recently was the chairman at non-banking finance ​company HDB Financial Services, a unit of India's top private lender HDFC Bank

Bandhan Bank rallies 6% as brokerages upgrade stock, see up to 27% upside

Motilal Oswal said the bank's operating performance is "turning around", supported by stabilising margins, improving asset quality and a gradual recovery in return ratios.

Indian Bank Q3FY26 results: Net profit rises 8% to ₹3,146.88 crore

The Chennai-based lender made Rs 2,909.73 crore in consolidated net profit in Q3 FY25

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

Federal Bank's Q3FY26 results: Net profit rises 9% to ₹1,041 crore

Federal Bank posted a near 9% rise in Q3 FY26 profit, driven by higher income, better margins and improving asset quality, with growth momentum set to continue

Union Budget 2026-27: Here're key challenges in financial services sector

Rising unsecured loans, fintech-led credit growth and UPI frauds are straining NIMs, pushing NBFCs to seek refinance support, tax relief and easier recovery norms

India offers both scale, momentum - a rare combination today: Vikram Sahu

Vikram Sahu says the country is central to the bank's global growth, citing strong GDP prospects, rising client demand and robust IPO and M&A momentum

Indian banks' Q3 earnings to get loan growth, asset quality boost

Analysts expect private sector banks to post average profit after tax growth of about 3.5%-5% year-on-year for October-December

Have SFBs really provided the breakthrough they were intended for?

While small finance banks are solvent and working well, we need to ask if there has been a breakthrough in stretching the inclusion agenda beyond MFIs

Rate cuts may impact margins by up to 5-10 bps: PNB MD Ashok Chandra

PNB expects to recover over ₹400 crore from MTNL and up to ₹500 crore through NPA sales this quarter, as the bank sharpens its focus on asset recovery and balance-sheet strength

RBI proposes 3-year break for co-op banks' directors after 10 yrs on board

Banking Regulation (Amendment) Act has prescribed a ceiling on the continuous tenure of directors on both state and central co-operative banks and urban co-operative banks, raising it from 8 to 10 yrs

GST rate cuts spur credit growth for banks in third quarter of FY26

Banks report strong loan growth in Q3 FY26 as GST rate cuts lift demand, with credit outpacing deposits for most lenders even as funding pressures persist

Aim to make Central Bank customer-centric, digitally agile: MD & CEO

Central Bank of India expects to meet SEBI's public shareholding norms well before the August 2026 deadline as it sees strong loan growth across retail, MSME and corporate segments and expands digital

2026 outlook for banking sector: NIMs stable, liquidity challenge looms

After margin pressure and muted credit in 2025, banks enter 2026 with hopes of credit revival, stable asset quality and more investments, though funding and deposits remain key risks

HDFC Bank's loan book grows 12% to ₹28.44 trn in Q3, CD ratio up at 98.5%

After several quarters, the bank reported loan growth higher than deposit growth. The bank mobilised ₹57,700 crore of deposits during the quarter while credit disbursed expanded by ₹75,300 crore

Gains from decontrol: Removing constraints offers substantial gains

While factories faced headwinds, Indian finance gained ground in the eyes of global strategic capital

Bandhan Bank loans grow 10% to ₹1.45 trn in Q3, deposits rise 11%

Private sector lender Bandhan Bank on Sunday reported a 10 per cent year-on-year growth in its loans and advances, totalling Rs 1,45,227 crore for the third quarter ended December 31, 2025. The bank had reported loans and advances worth Rs 1,32,019 crore in the corresponding period of the previous fiscal. According to the provisional business update submitted to the stock exchanges, the bank's total deposits rose by 11.1 per cent to Rs 156,723 crore during the quarter under review, compared to Rs 141,002 crore as of December 31, 2024. On a sequential basis, however, total deposits saw a marginal decline of 0.9 per cent from Rs 1,58,075 crore in September 2025 quarter. The bank's retail franchise continued to show strength, with retail deposits (including CASA) increasing by 17.2 per cent year-on-year to Rs 1,13,420 crore. Retail term deposits witnessed a sharp surge of 35.8 per cent, reaching Rs 70,690 crore as against Rs 52,063 crore in the year-ago period. Consequently, the shar