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Jyotiraditya Scindia outlines banking expansion plans for Northeast India at Bankers' Conclave 2.0 in Agartala

Jyotiraditya M. Scindia discussed significant banking developments at the North East Bankers’ Conclave 2.0 in Agartala. He outlined future targets including opening new bank branches and increasing ATM installations in unbanked areas. Collaborative efforts between banks and government were emphasized to enhance development in the Northeast region. The Chief Minister of Mizoram, Lalduhoma, highlighted the importance of banks in creating economic opportunities for citizens. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/oAkWCjM via IFTTT
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OnMeta accelerates global expansion; signs MoU with Kazakhstan's QazPost

OnMeta has signed a memorandum of understanding with QazPost to explore digital financial solutions. This collaboration aims to integrate OnMeta's digital infrastructure with QazPost's extensive distribution network. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/OpCgQZS via IFTTT
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RBL Bank expects margins to moderate next quarter as FCNR deposits flow through, says CEO Subramaniakumar

RBL Bank reported a significant increase in net profit for the September quarter of 2026. The bank achieved a 37% growth in net interest income, achieving Rs 2,131 crore. Net advances grew by 42%, while deposits rose by 34%, supported by FCNR(B) inflows. However, margins are expected to moderate as these deposits fully impact the balance sheet. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/WMF9H7p via IFTTT
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IHC, First Abu Dhabi eye stake in Bandhan Bank promoter

Early investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic interest. BFSL, led by Bandhan founder Chandra Shekhar Ghosh, has been working with advisers Jefferies to find strategic investors for 25-32%. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/NAgu7fD via IFTTT
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Finmin asks pvt banks to increase participation in govt's financial inclusion schemes

The Finance Ministry on Tuesday asked private sector banks to step up participation in financial inclusion schemes, including PMMY and Stand Up India. Financial Services Secretary Sanjay Lohiya urged banks to support the upcoming saturation campaign, expand digital outreach, improve loan processing, strengthen insurance claim awareness and address grievances. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/7NkxYQo via IFTTT
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Banks seek clarification on implementation of RBI forex measures

Indian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance on calculating the foreign exchange risk reserve and its impact on liquidity ratios. Additionally, banks are uncertain about cost transmission to customers and how exposure limits are assessed. Clarifications on the treatment of cash reserves and their classification as high-quality liquid assets have also been requested. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/DqFwgyW via IFTTT
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HDFC Bank launches festival offer with host of benefits

HDFC Bank announced the launch of its annual festival offer, with thousands of deals across various services to provide customers with affordable shopping offers. The intitiative would allow customers to save up to ₹70,000 on festive purchases made using HDFC Bank credit cards and EASYEMI on debit and credit cards. The offer covers Xpress Personal Loans, Xpress Car Loans, and other vehicle loans, home loans, and gold loans. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/n2uHyEr via IFTTT
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