Banks

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

Banks take cautious approach to acquisition financing under new RBI norms

Banks are expected to move slowly on acquisition financing as RBI's conservative norms take effect, with exposure caps, leverage limits and valuation guardrails shaping early deals

RBI mulls allowing banks to trade FX derivatives on offshore ETPs

RBI proposes allowing banks to trade forex derivatives on offshore electronic platforms under tighter safeguards, governance norms and rupee transaction restrictions

All you need to know about RBI's new draft norms to curb misselling

Customers must stay vigilant and avoid falling prey as mis-selling is not easy to prove

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

RBI allows banks to lend to REITs; bars land acquisition financing

Draft norms cap bank exposure to 49% of REIT asset value and prohibit funding for land acquisition, even if part of a project

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

Caps funding at 75% of acquisition value

RBI fines Bank of Maharashtra, Navi Finserv, CSB Bank for non-compliance

The Reserve Bank of India (RBI) on Friday imposed monetary penalties on Bank of Maharashtra, DCB Bank and CSB Bank for non-compliance with directions. The central bank imposed Rs 32.50 lakh fine on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on CSB Bank, RBI said in a release. The RBI also penalised Navi Finserv with Rs 3.80 lakh, and slapped a Rs 5.30 lakh fine on IIFL Finance, the release added. The monetary penalty on the Bank of Maharashtra was imposed, as the lender did not report Self Help Group member-level data to credit information companies and did not identify beneficial owners in certain accounts. CSB Bank was penalised as it entered into an arrangement with business correspondents for undertaking activities outside the scope of activities that can be undertaken by them, and levying charges in certain savings bank accounts without ensuring that customers were made aware of such charges upfront, the RBI said. In the case of DCB Bank, the RBI found

Lok Sabha panel urges banks to scrap penalties on minimum balance rule

Instead of imposing penalties, the panel suggested that banks encourage customers to maintain higher balances through incentives such as reward points, fee waivers and interest rate benefits

Commercial banks reap windfall from surplus liquidity arbitrage

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

Banks to pay deposit insurance premiums under new system starting April 1

India will shift to risk-based deposit insurance premiums from April 1, replacing the decades-old flat fee system to reward banks with stronger risk management

RBI asks banks to stay open on March 31 to close FY26 govt accounts

RBI says banks handling government receipts and payments will remain open on March 31, 2026, to ensure all transactions are accounted for in FY26

Corporates return to loans; wholesale credit rises for private banks in Q3

Corporate borrowers are returning to bank loans as pricing gaps with bonds narrow, driving strong wholesale credit growth for private banks in Q3 FY26

India allows European Union banks to open 15 branches in four years

India will allow EU banks to open up to 15 branches over four years under the trade pact, while Indian banks will face no such cap in the EU

Unions call nationwide strike a success; no disruption, say bankers

Demanded five-day work week including all Saturdays

Directors' cut: Bank board reform hangs in balance amid governance rethink

As the banking landscape grows more complex, board oversight requires urgent finetuning. Expect Mint Road to tighten governance frameworks

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

Haryana Gramin Bank sets up IPO cell, aims to approach regulator soon

Haryana Gramin Bank has set up a dedicated IPO cell and, with support from PNB, plans to approach Sebi for listing by the end of the year, aiming to boost transparency and growth

Analysts bullish on Federal Bank as growth to sustain under new leadership

Emkay Global Research, JM Financial, and Elara Capital hiked target price of Federal Bank.

The long road to recovery: Need to expand NCLT strength to reduce delays

India's bad loan problem is easing, but rising delays at the NCLT highlight the urgent need to expand tribunal strength to speed up insolvency resolution