Indian Banking
Latest news, explainers and analysis on Indian Banking. Tracking 24 stories on Arth Vani.
Connected in the graph
Latest on Indian Banking
BreakingYes Bank Evaluating Capital Actions and AT1 Bond Reinstatement for Growth Plans
Yes Bank is considering various capital actions to fund its growth initiatives. This includes an assessment of reinstating certain bonds and paying their coupons, as confirmed by CFO Niranjan Banodkar after the bank's recent earnings call.
SC Ruling Impacts Yes Bank's Risk Equity Capital
A Supreme Court (SC) ruling has reportedly impacted Yes Bank's risk equity capital. Specific details regarding the ruling and its exact financial implications for the bank are not available in the provided source material.
Central Bank of India Profit Jumps 21% in Q2 FY26
Central Bank of India reported a 21% year-on-year increase in net profit for the second quarter of FY26. The bank's financial performance showed significant growth driven by improved operational efficiency and asset quality.
RBI Drains ₹25,000 Crore Liquidity via Government Bond Sale
The Reserve Bank of India (RBI) has reduced system liquidity by ₹25,000 crore through an Open Market Operation (OMO) involving the sale of government securities (G-Secs). This action takes cash out of the banking system.
BreakingFairfax's ₹46,700 Crore IDBI Bank Acquisition: India's Largest Banking M&A Without I-Banks
Fairfax Financial Holdings is set to acquire a controlling stake in IDBI Bank for approximately ₹46,700 crore ($5.6 billion), marking India's largest foreign investment in the banking sector. Notably, this significant transaction proceeded without the involvement of major investment banks, with KPMG advising the government.
City Union Bank's GST Demand Cut by ₹128.88 Crore to ₹208.91 Crore
City Union Bank has seen a significant reduction in its Goods and Services Tax (GST) demand, with the amount now set at ₹208.91 crore. This represents a cut of ₹128.88 crore from the earlier demand of ₹337.79 crore, as reported by A2Z Taxcorp LLP. The reduced liability is a positive development for the private sector lender.
BreakingHome Loan Management Takes Center Stage Amid Rising Interest Rates
As interest rates continue to climb, Indian homeowners are increasingly looking for strategies to manage their home loan EMIs. A recent report from Hindustan Times highlights this critical financial challenge facing retail borrowers.
RBI Mandates 99% Daily CRR Maintenance for Banks from October 16
The Reserve Bank of India (RBI) has increased the daily Cash Reserve Ratio (CRR) maintenance requirement for all banks to 99%, effective from October 16. This regulatory change stipulates a higher daily average for the funds banks must hold with the central bank.
BreakingAnup Bagchi Appointed CEO of HDFC Bank, India's Largest Private Lender
Anup Bagchi has been appointed as the new Chief Executive Officer of HDFC Bank, India's largest private sector bank. This significant leadership change is expected to guide the bank's future strategic direction and operations.
BreakingDCB Bank Aims to Cross 500 Branches This Year, Eyes SME and Affordable Housing Growth
DCB Bank plans to significantly expand its footprint across India, aiming to surpass 500 physical branches by the end of this year. This growth strategy, confirmed by the bank's CFO, is primarily driven by a focus on boosting its small and medium-sized enterprise (SME) and affordable housing loan portfolios.
RBI DG Murmu: MDR Concerns Unlikely to Drive Indians Back to Cash
Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu has stated that concerns over Merchant Discount Rate (MDR) are not expected to increase the use of physical cash in India. This indicates the central bank's confidence in the continued adoption of digital payments despite existing apprehensions.
BreakingVodafone Idea Eyes ₹35,000 Crore Loan for Next Decade's Capital Expenditure
Vodafone Idea (Vi) is reportedly seeking a substantial loan of ₹35,000 crore from lenders to finance its capital expenditure requirements for the next ten years. This significant funding initiative highlights the telecom major's focus on long-term network expansion and technology upgrades to remain competitive in the dynamic Indian market.
BreakingHDFC Bank Submits Two CEO Candidates to RBI for Approval
HDFC Bank has submitted a list of two potential candidates to the Reserve Bank of India (RBI) for the crucial position of its next Chief Executive Officer (CEO). This move is a standard regulatory process for appointing top leadership in Indian banks.
Indian Private Banks See Profit Boost as NRI Deposits Ease Funding Costs
Private sector banks in India are experiencing a recovery in their profit margins. This improvement is largely attributed to increased inflows from Foreign Currency Non-Resident (Bank) or FCNR(B) deposits, which are helping to reduce the cost of securing funds for these lenders.
Private Bank Profit Margins Recover as FCNR(B) Inflows Ease Funding Pressure
A recent report indicates that private sector banks in India are experiencing a recovery in their profit margins. This improvement is attributed to increased inflows from Foreign Currency Non-Resident (Banking) deposits, which are easing the pressure on their deposit funding costs. While specific details from the report were not provided in the raw material, the trend points towards a healthier financial outlook for these banks.
Private Banks Hold Nearly Half of ₹10.8 Lakh Crore FCNR(B) Deposits
Private sector banks in India now manage almost half of the total $130 billion (approximately ₹10.8 lakh crore) in Foreign Currency Non-Resident (Bank) or FCNR(B) deposits. These deposits are a popular choice for Non-Resident Indians (NRIs) looking to save money in foreign currencies while earning competitive interest.
BreakingHDFC Bank Board May Look Beyond Internal Talent for Next CEO
HDFC Bank's board is reportedly considering external candidates for its next Chief Executive Officer, driven by regulatory tenure limits and a perceived lack of immediate internal successors. This strategic move aims to ensure a smooth leadership transition for India's largest private sector bank.
BreakingHDFC Bank Stock Underperforms Peers Despite Strong Operations Post-Merger
HDFC Bank has shown strong operational performance, including improved asset quality and loan book growth, during Sashidhar Jagdishan's tenure. However, its stock has lagged behind peers like SBI and ICICI Bank, particularly since its merger with HDFC Ltd. Future stock performance hinges on new leadership and strategic growth initiatives.
Public Banks Resell ₹39,000 Cr Bad Loans, 80% Are Repeat Attempts
Indian public sector banks are attempting to sell a substantial ₹39,000 crore worth of bad loans, with an overwhelming 80% of this amount being assets that failed to find buyers in previous attempts. This highlights persistent challenges in the banking sector, especially for large, legacy corporate accounts.
Axis Bank Shifts Corporate Banking Focus Beyond Loans to Boost Fee Income
Axis Bank is strategically broadening its corporate banking services, moving beyond traditional lending to focus on diverse fee-based offerings and attracting low-cost deposits. This shift aims to strengthen its revenue streams and reduce reliance on interest income, securing a more stable financial future for the bank.
RBI Directs Rating Agencies: Stop Citing RBI for Bank Deposit Ratings
The Reserve Bank of India (RBI) has instructed credit rating agencies to stop identifying it as the regulator overseeing bank deposits in their ratings. This move could lead to rating agencies ceasing the evaluation of bank deposits altogether, potentially impacting how retail depositors perceive bank stability.
BreakingBank of America Uses Generative AI to Speed Up Customer Service for 18,000 Employees
Bank of America has integrated generative AI into its customer service platform, EricaAssist, to instantly provide client insights to 18,000 call centre employees. This move aims to enhance the efficiency and quality of customer interactions, setting a precedent for global banking customer service.
What's a Good Savings Account Interest Rate in India for 2026?
Understanding what constitutes a 'good' savings account interest rate in India for 2026 requires looking beyond just the headline number. Factors like inflation, bank type, and account features play a crucial role in determining the real value of your savings.
AI Reshaping Banking: Build vs. Buy Decisions for Indian Banks
Artificial intelligence is fundamentally altering how banks approach technology development, influencing whether they build solutions in-house or acquire them from external vendors. This shift has significant implications for efficiency, cost, and innovation within the Indian banking sector.
Interest rates, fees and eligibility for banking products are set by the respective banks and change frequently — verify the current terms with the provider before applying. Some listings may be sponsored. Not financial advice.