Indian Banks

Kotak Mahindra Bank marks 30 years of listing on National Stock Exchange

Kotak Mahindra Bank marked three decades of listing on the NSE with a bell-ringing ceremony, underscoring its growth, scale and long-term commitment to India's financial markets

Banks may report lower single-digit profit growth, margin compression in Q3

Banks' Q3 profits seen rising 2.4%, led by private lenders, as repo rate cut creates mixed NIM trends and deposit growth remains a challenge

Supervisory data quality index of banks improves to 90.7 in Sept 2025

The overall sDQI score for SCBs improved to 90.7 in September 2025, up from 89.9 in June 2025

Nabard scraps ₹7,000 crore bond issue as short-end yields stay elevated

Nabard withdrew a planned ₹7,000 crore three-year bond issue after bids stayed elevated, signalling muted transmission of the RBI's recent rate cut and pressure at the short end

FinMin asks banks, finance institutions to promptly report vigilance cases

The finance ministry has directed public sector banks and financial institutions, including insurance companies, to promptly report vigilance-related matters concerning whole-time directors (WTDs) of their respective companies. The directive from the Department of Financial Services (DFS) under the ministry follows several instances where adverse information about board-level appointees was not promptly reported. In many cases, it said, such critical adverse inputs like private complaints, court observations, references or inputs from the CBI or other Law Enforcement Agencies are being reported only at the time when Vigilance Clearance is specifically sought from the Chief Vigilance Officers (CVO) of PSUs. Without citing any specific case, the advisory issued earlier this month, said, in certain cases even the crucial information relating to WTDs is omitted in the Vigilance Clearance formats on the ground that no specific column exists for such disclosure. Observing that omission o

Mint Road in 2025: A year filled with opening doors and tightening screws

The year saw Mint Road push banks towards capital markets, revisit deposit insurance and revive UCB licensing, signalling reform that expands opportunity without diluting caution

India needs Indian banks: Why domestic lenders matter most for growth

RBI's bank ownership policy has shifted towards regulated institutional investors, but over-reliance on foreign capital risks limiting India's credit growth and domestic banking depth

Axis Bank plans to hire 50 private bankers amid wealth boom in India

Axis Bank plans to add 50 private bankers and launch multiple funds from GIFT City as it expands Burgundy Private to tap India's rapidly growing wealthy client base

JPMorgan to open first new branch in India in nearly a decade after RBI nod

Foreign banks are being drawn to expand in India, lured by its rapid economic expansion, strong credit demand and deepening corporate activity

Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs

RBI Governor Sanjay Malhotra urged banks to lower intermediation costs, improve service quality, and strengthen fraud safeguards, citing faster transmission after recent rate cuts

Banks cut loan rates for retail segments after RBI's 25-bps repo cut

Lending rates linked to external benchmarks drop from Dec 6, offering relief to home, vehicle, and personal loan borrowers

Board approval must for bank entities to do same business, says RBI

RBI says bank's NBFC group entities that have not been independently identified as NBFC-Upper Layer are now exempted from listing

Under pressure bank NIMs to squeeze further after RBI's 25 bps cut

Banks may face further margin pressure as repo-linked loan rates reset faster than deposits, though liquidity support and CRR cuts could soften the impact in Q4

Nomura sees re-rating potential in Indian Banks; Axis, ICICI, SBI top picks

The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.

Corporate loan growth to hit double digit, ₹7 trn credit in pipeline: SBI

With the pick-up in economic activity, State Bank of India (SBI) is seeing a clear revival in corporate credit demand and expects the segment to hit double-digit growth over the remaining two quarters of the current financial year, the bank's Chairman C S Setty said. As far as the pipeline for corporate credit is concerned, he said, "The bank has a strong pipeline. We have about Rs 7 lakh crore loan sanctions, a mix of unutilised working capital limits and term loans that are currently under disbursement." Besides, includes several project loans that are presently under discussion, he told PTI in an interview. So, the corporate credit, which was lagging for quite some time, witnessed a turnaround with 7.1 per cent growth in Q2, he said, adding, "Our guidance on the corporate credit would be the lower double digit in the two quarters with the available pipeline". Improving economic activity is also pushing up working capital utilisation, which is becoming stronger with each passing

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

Indian banks consider financing Russian oil from non-sanctioned sellers

India's oil-buying patterns are in the spotlight as Washington raises the pressure against Moscow over the war in Ukraine, while at the same time promoting talks aimed at ending the conflict

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks

RBI's 10% Tier-I cap on acquisition financing restrictive, say bankers

Experts suggest 30% equity contribution should include preference shares and convertible instruments

Banks move to '.bank.in' domain from '.com': Here's why RBI made the change

Starting October 31, the Reserve Bank of India asked all banks to move their websites to the new '.bank.in' domain to stop phishing scams