Page 4 - Banking Sector

IndusInd Bank posts ₹594 crore Q4 profit, sees growth aligning with market

Bank is likely to grow broadly in line with the market, both in assets and liabilities, says its MD & CEO

IndusInd Bank strengthens board, appoints 2 WTDs, 2 independent directors

IndusInd Bank strengthens its board with key executive and independent director appointments after leadership changes triggered by last year's accounting lapse

Bank credit grows by 15% in April 15 fortnight, shows RBI data

In the fortnight, credit contracted by 2.1 per cent or Rs 4.39 trillion, while deposits contracted by 2.2 per cent YoY or Rs 5.81 trillion

Small Finance Banks' universal licence dream: It's a long road ahead

Weak spots in governance, asset quality, and risk discipline stall approvals

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

NBFCs' reliance on bank borrowings to rise in FY27 on lower rates: Crisil

Non-banking finance companies' (NBFCs) reliance on bank borrowings is likely to rise in FY27 due to lower interest rates, a rating agency said on Wednesday. The share of bank borrowings, which rose to 43 per cent on the back of higher activity in the second half of the recently concluded FY26, will inch up further to up to 45 per cent by the end of the ongoing fiscal, Crisil Ratings said. It attributed the shift in preference to lower interest rates in the bank lending market, which is likely to lead to a tapering in the debt capital market issuances. "While bank lending rates continued to decline throughout last fiscal, bond yields, after declining in the first half, inched up in the second half and remain elevated," the agency said. Additionally, the share of external commercial borrowing (ECB) issuances will also be muted in the near term, owing to geopolitical uncertainties and the resultant exchange rate volatility, it added. In such a scenario, securitisation is expected to

Domestic mutual funds buy banking stocks as FPIs exit in March selloff

Domestic mutual funds invested heavily in banking stocks in March, offsetting record foreign outflows as market sentiment weakened amid global geopolitical tensions

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

IndusInd Bank appoints Jagdeep Mallareddy as consumer banking head

Bank names Mallareddy to lead consumer banking from April 9, bringing over three decades of experience as Soumitra Sen prepares to retire

RBI plans to rationalise board norms, shift focus to strategy, policy

RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders

MSME, retail demand to drive bank credit growth by 13% in FY27: Crisil

Newer options such as acquisition financing, now allowed for banks by the RBI, should also support credit growth

Banks unwind 75% forex bets as RBI deadline nears; rupee, bonds gain

Rupee, bonds gain ahead of central bank's policy review outcome on Wednesday

Banks' Casa ratios rise in Jan-Mar; analysts flag seasonal boost

Banks report higher low-cost deposits in March quarter, but analysts caution the uptick is seasonal amid persistent competition and pressure on deposit mobilisation

CDs emerge as key Q4 funding source for banks despite elevated rates

Q4FY26 CD issuances hit Rs 5.27 trillion; FY26 at Rs 14 trillion, outstanding near Rs 7 trillion

Vinay Tonse takes charge as YES Bank CEO, outlines growth roadmap

New CEO Vinay Tonse outlines a four-pillar strategy centred on people, products, processes and technology to drive growth and strengthen YES Bank's operations

RBI proposes new BC structure and branch norms in draft guidelines

RBI's draft norms revamp BC structure, tighten branch rules, and aim to expand banking access while strengthening governance and consumer protection

Bank stocks' $95 billion rout may deepen as risks mount amid Iran war

Global investors withdrew a record ₹32,700 crore from the shares of financial services companies in the first two weeks of March, according to National Securities Depository data

Governance must be a core bank value, not just a compliance checklist

HDFC Bank's boardroom tensions highlight a deeper issue: governance failures persist not due to weak rules, but weak internalisation of accountability and oversight

HDFC Bank, BoB report strong credit growth; deposits lag pace

HDFC Bank and Bank of Baroda report robust loan growth in March 2026, with advances outpacing deposits even as time deposits continue to drive overall deposit expansion

Mid, small sized private banks' credit growth outpace deposit in FY26

Advances at select mid- and small-sized private banks grew faster than deposits in FY26, reflecting tighter funding conditions across the sector