"banking-news"

At HDFC Bank, the succession process assumes greater significance after managing director and chief executive Sashidhar Jagdishan opted out of the reappointment process last month

Bank of Baroda has raised USD 700 million through a dual-tranche overseas bond issue comprising three-year and five-year notes. The issue received strong investor interest, with the order book peaking at USD 2.67 billion, nearly 3.8 times the final size.

While financialisation is strengthening capital markets, it is weakening low-cost deposit base that has long sustained bank lending and profitability

Jain is currently Executive Director at the Reserve Bank of India. He replaces T Rabi Sankar, whose extended tenure ended on May 2

Paytm Payments Bank has been barred from conducting any banking business, and the RBI will move the high court to initiate its winding up

The privatisation of IDBI Bank has been stalled for over three years, after the government and LIC invited expressions of interest in October 2022 to sell a combined 60.72 per cent stake

Demand 5-day work week; Banking services to be hit for three straight days as Jan 25–26 are holidays

India’s banking system enters 2026 stronger than ever—lower NPAs, higher capital buffers, and RBI-backed liquidity. But tougher norms will test resilience

The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 

Indian banks need capital expansion, policy reform, and greater autonomy to break into the global big league

HDFC Bank reported a 10 per cent jump in its consolidated net profit to Rs 19,610.67 crore for Q2 FY26. Standalone profit rose 10.82 per cent, income increased to Rs 91,040 crore, and GNPA ratio improved to 1.24 per cent, reflecting strong financial health

Yes Bank posted an 18.3 per cent rise in Q2 net profit to Rs 654 crore, driven by growth in non-core income. Core NII, deposits, and operational efficiency improved. The bank aims 10 per cent credit growth and plans 80 new branches in FY2

Of the four positions of Managing Director in SBI, one position has been opened for private sector candidates and persons working in public sector financial institutions

Cheques deposited from October 4 will be cleared within a few hours on the same day under the RBI guidelines

Governor Sanjay Malhotra said the central bank is examining a proposal to allow lenders to remotely lock mobile phones bought on credit in case of default in EMI payments; rules out any charge on UPI transactions

ICICI Bank will implement same-day cheque clearance from October 4, aligning with RBI’s new settlement framework. Customers depositing cheques at branches will see faster processing, with Positive Pay mandatory for high-value cheques to prevent fraud and ensure smooth dispute resolution

Japanese lender SMBC has acquired an additional 4.22 per cent stake in Yes Bank, raising its holding to 24.22 per cent and becoming the largest shareholder. The move coincides with fresh AA- ratings for Yes Bank, signalling stronger governance, capital position, and performance

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) acquired a 20 per cent stake in Yes Bank from SBI and other investors, becoming the largest shareholder. The deal strengthens governance, Japan–India trade flows, and corporate banking growth, with Yes Bank receiving upgraded AA- ratings.

The true performance of central banks lies in stability, credibility, and independence — not profits or losses

Customers of metro and urban branches must maintain a minimum average balance of Rs 50,000 under the new structure — up from the earlier limit of Rs 10,000