All Banking & Crypto Related Details

HDFC Bank posted a strong FY26 performance despite recent governance-related headlines and leadership changes, with CreditSights noting that these developments are unlikely to have any meaningful impact on its credit profile or stability. The bank reported a 10.9% rise in net profit to Rs 74,700 crore, supported by 12.1% loan growth, robust deposit mobilisation, and continued best-in-class asset quality, with gross NPAs falling to 1.15% and credit costs at multi-quarter lows. Capital buffers remained strong with a CET1 ratio of 17.3%, underscoring resilience even as external macro risks persist. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/DertT1U via IFTTT

The State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treated as an asset during insolvency. SBI warns this could significantly impact banks and infrastructure financing. The bank argues the ruling overlooks key issues for lenders. This decision affects recovery prospects in various regulated sectors. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/z0l4WoV via IFTTT

DBS Bank India has launched DBS Aspire, a new banking proposition targeting the emerging affluent segment with a total relationship value of ₹10 lakh or a ₹2 lakh average savings balance. The offering provides premium banking access, including a dedicated relationship manager and zero forex mark-up on international spends, aiming to be a long-term partner as customers grow their wealth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/FJN9snI via IFTTT

PNB Housing Finance has guided for 18–20% loan growth this fiscal, up from 15% in FY26, and expects no impact on housing demand from the West Asia crisis. The lender targets a ₹1 lakh crore loan book by FY27, led by affordable and emerging segments, while margins are seen at 3.55–3.65%. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/sq5324P via IFTTT

The Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank over the last decade have been summoned. This probe follows questioning of former bank officials. The irregularities are estimated to have caused losses of around ₹2,000 crore. The investigation aims to uncover corporate governance issues and accounting discrepancies. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/b4cT3lA via IFTTT

Indian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant encryption. This move aims to secure financial systems against future threats. Experts warn quantum computers could break current encryption. India's National Quantum Mission is also building a quantum communication network. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/j3vWRtk via IFTTT