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Vinay Tonse's appointment hints at a cautious approach at Yes Bank

YES Bank has appointed Vinay Tonse as its new Managing Director. This move signals a measured leadership approach by its new promoter, Sumitomo Mitsui Banking Corporation. Experts believe this choice prioritizes continuity and operational familiarity. Tonse faces the task of boosting loan growth and increasing low-cost deposits. The bank's assets, deposits, and advances have seen growth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/9LRZ4oN via IFTTT
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RBI's box-checking is old for new-age frauds, big shift on way for bank supervision

The Reserve Bank of India is considering a significant overhaul of its lender supervision, moving beyond traditional ratio analysis to a deeper examination of banks' business models. This shift aims to identify risks earlier, especially as India's banking system expands rapidly and digital threats multiply. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Y1qgnXE via IFTTT
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RBI approves Vinay Muralidhar Tonse’s appointment as MD and CEO of Yes Bank

The Reserve Bank of India has approved Vinay Muralidhar Tonse as the new Managing Director and CEO of Yes Bank for a three-year term. Tonse, formerly MD of Retail Business & Operations at SBI, will take over from Prashant Kumar, subject to shareholder approval. This leadership change aims to bolster Yes Bank's growth strategy and operational stability. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/5zLcris via IFTTT
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Banks look to get export credit lines ready as US lowers tariff

Banks are poised to reopen credit lines for Indian export sectors following the US's reduction of import tariffs to 18%. This move is expected to quickly revive exports of garments, gems, jewelry, leather, and chemicals, leading to increased demand for bank loans. Public sector banks anticipate leading this export credit rebound in the coming quarters. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/beDVPfl via IFTTT
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A big-bank move is in the works. What it means for India

India is set to boost foreign investment in its state-owned banks. The government plans to raise the foreign direct investment limit to 49 percent. This move aims to strengthen banks and support the nation's ambitious growth plans. Stronger banks will help finance large infrastructure and green energy projects. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/wgynUmN via IFTTT
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Microfinance companies fail to get budget-day wish, hope to bask in others' sunlight

Budget 2026: The microfinance sector did not receive budget credit guarantee support. However, it anticipates that proposals aimed at increasing rural incomes will enhance the repayment capacity of its customers. Focus on fisheries, animal husbandry, and high-value agriculture through credit-linked programs is expected to strengthen income diversification. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/KTVhIml via IFTTT
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India may raise foreign investment cap in state-run banks to 49%

The Indian government is actively conducting inter-ministerial discussions to increase the foreign direct investment (FDI) ceiling in state-owned banks from the current 20% to 49%, financial services secretary M. Nagaraju said on Monday, reported Reuters. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/yRQo8Nm via IFTTT
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