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Banks' liquidity buffers shrink as deposits lag credit growth

Banks are confronting mounting liquidity pressures as loan portfolios expand faster than deposit bases. As a result, liquidity coverage ratios have weakened across a broad set of institutions. Even with abundant liquidity in the wider financial system, banks are struggling to bring in new deposits, pushing up near-term funding costs. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/WrSsNf7 via IFTTT
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IDFC First Bank to get Rs 35 cr relief under employee dishonesty cover

IDFC FIRST Bank will get Rs 35 crore from its employee dishonesty insurance. This follows a Rs 590 crore fraud at its Chandigarh branch. The bank's management confirmed this to investors. The fraud impacted the bank's stock, causing a significant drop. The bank has suspended officials and launched a forensic probe. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/NGiKrQg via IFTTT
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AU Small Finance Bank denies wrongdoing after Haryana govt de-empanels it amid IDFC First Bank fraud case

Haryana government has de-empanelled AU Small Finance Bank and IDFC First Bank from government business due to alleged fraudulent account openings. AU Small Finance Bank denies wrongdoing, stating all KYC checks were completed and transactions were initiated by the government department. The bank maintains no financial impact at this stage. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/QZxrwP8 via IFTTT
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Haryana mandates exclusive banking with public sector banks, drops IDFC First and AU Small Finance

Haryana government has mandated all its departments and state-run entities to exclusively bank with public sector banks. Private bank accounts now require Finance Department approval. IDFC First Bank and AU Small Finance Bank have been removed from the approved panel due to non-adherence to fixed deposit conditions, leading to potential financial losses for the state. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/updJrPF via IFTTT
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IDFC First points to connivance of staff and outsiders in branch fraud

IDFC First branch fraud case: The transactions were executed using forged cheques and manually carried out at the branch, managing director and chief executive V Vaidyanathan told ET. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/os5wjYI via IFTTT
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Unity Small Finance Bank likely to foray into housing finance business next fiscal, says Jaspal Bindra

Unity Small Finance Bank, after missing out on Aviom India Housing Finance, is prioritizing strategic options over aggressive acquisitions. The bank plans to enter the housing finance business in the latter half of the year, focusing on affordable housing and micro-LAP, while also preparing for a public listing in approximately two to two-and-a-half years. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/zrnfGLQ via IFTTT
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YES Bank looks to exit FY26 with ROA of 1 pc: CFO Niranjan Banodkar

YES Bank anticipates a 1 per cent return on assets by the end of the current financial year. This profitability metric is expected to surpass 1 per cent in the next fiscal year. The bank's net profit saw a significant increase in the December quarter. Strategic initiatives are in place to enhance asset utilization and profitability. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/CQw314x via IFTTT
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