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Bank credit growth reached a sixteen-month high, while deposits grew at a slower pace. This widened the credit-deposit gap, increasing funding pressure on banks. Finance sector lending, especially to NBFCs, drove credit expansion significantly. Public sector banks saw higher credit growth but less headroom. Deposit mobilization remains crucial for banks facing persistent competition for savings. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/kmVvsPo via IFTTT

By 2027, leadership transformations are set to take place across several key Indian banks, with HDFC Bank and Kotak Mahindra Bank leading the way. This wave of changes creates a competitive landscape for experienced banking professionals. It is vital for the boards to ensure they maintain continuity while injecting innovative strategies. As a result, succession planning has emerged as an essential concern for bank leadership. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/v5B9FRK via IFTTT

The Finance Ministry has announced that all Public Sector Banks and Regional Rural Banks will operate normally on September 27. This decision follows the United Forum of Bank Unions' proposal for a three-day nationwide bank strike. The government is focused on ensuring the banking needs of citizens are met without disruption. Customers can access banking services uninterrupted during this period for their convenience. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/jdgtkHb via IFTTT

SBI, Bank of Baroda and Canara Bank have advised customers to complete important branch transactions in advance ahead of a proposed bank strike from September 28 to 30, 2026, and use digital and self-service channels during the period. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/UL2FV4e via IFTTT

Its composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the fintech sector and an Indian Banks' Association (IBA) nominee, said people familiar with the matter. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/a2AQBkq via IFTTT

Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the upcoming annual general meeting. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3EVfBFZ via IFTTT