Indian Banking System

Who ate the banks' cake? Indian banking sees structural deposit shift

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends

Yes Bank: A collective win

How in saving Yes Bank, India's financial system reaffirmed its ability to act with purpose

BS BFSI Summit: Specialised banks needed for niche mkts, says M Nagaraju

DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity

SBI plans to hire 3,500 officers in next 5 months to drive business growth

The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. The bank has recruited 505 Probationary Officers (POs) in June, and the process to fill a similar number of vacancies is on... applications have been received, SBI Deputy Managing Director (HR) & Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI in an interview. As regards specialist officers, he said, around 1,300 odd officers have already been selected to look after the IT and cybersecurity space. The advertisement for 541 PO vacancies is out. Applications have already been received. The recruitment for POs is through a three-stage process: preliminaries, mains, and a psychometric test and interviews. Additionally, he said, "around 3,000 circle-based officers are now being considered. This should get concluded in the current financial year." Earlier this year, SBI Chairman C S Setty announced that the bank's

Transitioning to ECL framework: A move towards expected loss-based norms

The forward-looking ECL-based allowance (or provision) is applied at origination and for all subsequent reporting periods to financial assets till derecognition

PSBs raise investment limit in state bonds to capitalise on higher yields

Public sector banks increase SDL allocation to 40-50% of HQLA portfolios, drawn by higher yields and widening spreads over central government bonds

Private sector banks see dip in market cap in Jul-Sep: S&P Global

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

AI framework charts next chapter for Indian banking, drives innovation

The framework emphasises robust governance, clear accountability for AI, drafting of policy, risk management, and ethical guardrails

India Ratings downgrades Wapcos loans on stretched working capital cycle

India Ratings has cut WAPCOS's bank loan rating from A- to BBB citing a stretched working capital cycle, reliance on debt and audit concerns, even as its order book remains strong

PSBs continue to grab higher share in incremental credit growth: RBI

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment

Rebuilding trust: Banks no longer 'deaf' to unclaimed depositors' voice

Initiative should not only be seen as a financial project but a way to build citizens' trust in the banking system

CARE Ratings upgrades Punjab & Sind Bank tier-II bonds on asset gains

State-owned Punjab & Sind Bank has said CARE Ratings has upgraded ratings on tier-II bonds by a notch, citing improvement in profitability and decline in bad loans. The rating has been upgraded from CARE AA- with Positive outlook to CARE AA with Stable outlook, the bank has said in a regulatory filing. The bank has secured rating upgrades for tier II bonds worth Rs 1,237 crore. The rating revision to the debt instruments of Punjab and Sind Bank (PSB) considers the improvement in profitability in FY25 and better asset quality aided by recoveries and lower incremental slippages, CARE Ratings said in a statement. The rating continues to favourably factor in majority ownership of and demonstrated support from Government of India (GoI), comfortable capitalisation levels supported by multiple equity infusions and accretion of profits, and established presence in northern states of India, it said. PSB is expected to sustain growth in business while maintaining adequate capitalisation and

Black box to sandbox: Framework needed for safe AI adoption in finance

The Monetary Authority of Singapore (MAS) introduced "FEAT" (fairness, ethics, accountability, and transparency) principles in 2018

SBI to Canara Bank: Some PSBs raise home loan rates to shield margins

Senior State Bank of India executive said the slight tweak (hike) in rates for home loans was on account of reduction in business discount. Risk premium remains the same

SBI to raise ₹15,000 cr via Tier II bonds to replace maturing debt

A senior SBI executive said the bank has approval from the board of directors to raise up to Rs 20,000 crore through debt capital in Fy26.

Nominee, survivorship clause can ease heirs' bank account, locker claims

For claims without a nominee, heirs should be prepared to submit succession certificates or letters of administration for larger amounts

ICICI Bank faces netizen ire for raising min balance requirement to ₹50,000

ICICI Bank's decision to raise the minimum monthly average balance (MAB) for new savings accounts to ₹50,000 in metro and urban areas has drawn significant backlash on social media, with users citing

RajivAnand to start with fresh and clean slate at IndusInd Bank: Chairman

Anand will be expected to scale the differentiated franchise of the bank, with a strong ethical foundation, Mehta added

Building bridges anew: RBI, banks must fine-tune board roles in governance

The developments at IndusInd Bank have led RBI's senior supervisory managers (SSMs) to take a closer look at bank boards, including the agenda presented, the time spent discussing specific items

Fiscal policy must match banking reality in bad loans amid economic shifts

The new framework introduces a principle-based regime, harmonises treatment across banks and non-banking financial companies (NBFCs)