Page 5 - Banking Sector

YES Bank names S Anantharaman as CRO to strengthen risk management

YES Bank appoints S Anantharaman as Chief Risk Officer to oversee enterprise-wide risk, including credit, market, and operational frameworks

Banks' supervisory data quality index inches up to 90.9 in December

RBI data shows sDQI for scheduled commercial banks rises to 90.9 in December 2025, with gains in accuracy and consistency but some decline in completeness and timeliness

Banks urge RBI to revisit forex cap, flag MTM losses, forced unwinding

Banks seek relief as RBI caps forex exposure, triggering potential $40 billion unwinding and raising concerns over MTM losses and rupee volatility

Bank credit growth slows to 13.8% in March 15 fortnight, deposits rise

Bank credit growth eased to 13.8 per cent in the March 15 fortnight, while deposit growth improved to 10.8 per cent, reflecting tax outflows and seasonal lending trends

Goldman Sachs bets big on banking, staples, defence, upstream oil companies

Goldman Sachs said that it remains 'Overweight' on banks as it sees NIM expansion in a higher rates environment and also the lenders maintain good asset quality

West Asia conflict: Bankers suggest Covid-like moratorium for MSMEs

Flag cash-flow risks to RBI, Centre amid West Asia war

HDFC Bank crisis is exposing deeper cracks in India Inc's governance model

Many large Indian firms that once commanded premium valuations have had their records and reputations questioned over the past decade

Despite credit-guarantee scheme, banks may stay cautious on lending to MFIs

Banks are likely to remain cautious in lending to MFIs despite the credit guarantee scheme, with underwriting standards and risk assessment frameworks unchanged

Kotak Mahindra Bank to absorb KMIL business into bank from April 2026

Kotak Mahindra Bank to absorb KMIL operations from April 2026, simplifying structure and aligning with Reserve Bank of India norms

Loan guarantors face risks; negotiate cap on liability in loan deed

To protect insurance policies purchased for spouse from recovery proceedings, place it under Married Women's Property Act

Indian banks' margins to come under pressure as deposit growth lags: Nomura

Nomura has warned that bank margins may decline in FY27 as credit growth continues to outpace deposits. Rising CD ratio, falling LCR, and weak deposit growth remain key risks for the banking sector.

RBI injects ₹79,256 crore into banking system via overnight VRR auction

The Reserve Bank of India (RBI) on Monday infused Rs 79,256 crore transient liquidity into the banking system through overnight variable rate (VRR) auction. The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a release. The liquidity injected was much lower than the notified amount of Rs 1 lakh crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments. Currently, liquidity in the banking system is estimated to be in deficit of about Rs 65,395.64 crore as on March 23. On March 20, the central bank had infused Rs 25,101 crore transient liquidity in the banking system through a three-day VRR auction. On March 17, the RBI injected Rs 48,014 crore liquidity in to the banking system via seven-day VRR. Prior to this, the RBI infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.

Transparency needed: Public should know about the happenings at HDFC Bank

The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event

The story behind promotions in PSBs and the growing need for reform

The challenge is to transform the promotion process from a source of distrust to a catalyst for developing genuine leaders

Two days after chairman's exit, three senior HDFC Bank execs asked to leave

Move linked to alleged mis-selling of Credit Suisse AT1 bonds to NRIs; comes days after chairman Atanu Chakraborty's sudden resignation

At 71, Keki Mistry underscores integrity at HDFC Bank amid concerns

Keki Mistry takes charge as interim chairman of HDFC Bank, assuring stakeholders on governance and integrity after Atanu Chakraborty's resignation

RBI's reassurance on HDFC Bank: What are systemically important banks?

RBI reassures on HDFC Bank after board exit, highlighting its D-SIB status and strong governance while explaining why systemically important banks are key to financial stability

HDFC Bank's interim chairman rules out 'material issues' at lender

Keki Mistry says board unaware of any governance concerns behind Atanu Chakraborty's exit; assures 'strong controls' and stable leadership

India needs bigger banks, consolidation for $30 trn goal: Former RBI DG

Former RBI deputy governor flags need for larger financial institutions, stronger capital base and consolidation across banking and NBFC sectors to support economic expansion

RBI's 7-day VRR auction draws weak demand as big banks stay away

VRR auctions allow banks to borrow funds from the RBI against government securities at market-determined rates, helping the central bank manage short-term liquidity in the financial system