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Indian banks' profitability to ease this fiscal on lower treasury gains, ECL provisions: Crisil

Indian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a new accounting rule. Despite this, profitability will remain strong, well above historical averages. Net interest margins are expected to stay stable. Credit growth will continue to be healthy. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/osXAVDj via IFTTT
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Bank frauds rise 46 per cent

Although number of frauds for public and private sector banks reduced, the amount involved has increased over the years. Number of frauds was highest under card, internet, and digital payments category in the past two financial years. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/YrQnzdb via IFTTT
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Iran war: Public sector banks asked to stay prepared

Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/7GWLMHz via IFTTT
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IDBI Bank stake sale back on table; Centre explores revival options

The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted even if offers are below the reserve price, said the people cited above. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/hrgaZfH via IFTTT
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Listed banks earned a record profit of ₹4 lakh crore in FY26

Indian banks achieved a record consolidated net profit exceeding ₹4 lakh crore in FY26. Top lenders SBI, HDFC Bank, and ICICI Bank contributed over half of this aggregate. Private banks slightly outpaced state-run banks in profit share. This growth faced headwinds from rising bond yields and a cap on net open positions. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/IWOUyjk via IFTTT
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Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: Report

Indian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spending compared to global peers. Attackers are leveraging advanced AI, making cyber threats more potent and less costly. Many Indian CISOs report defenses are being outpaced. Institutions must now integrate AI defense with securing their own AI systems to build resilience. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/l3QCxJA via IFTTT
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Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan Kumar

Central Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank plans 150 new branches and hiring 1,400 employees. Customer centricity, HR transformation, and technology are key drivers. Enhanced cybersecurity builds customer trust. These steps position the bank for a crucial role in India's economy. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/6VEHTmP via IFTTT
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