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MDBs to deepen collaboration to support nations amid heightened global uncertainty

Global development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to manage immediate pressures and build future resilience. The banks are ready to provide timely support to manage risks and protect vulnerable populations. Collaboration will focus on private sector growth, job creation, and sustainable development. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/AMLdunZ via IFTTT
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15 banks get government nod to import gold & silver for 3 years

India has authorized 17 banks to import gold and silver. This authorization is effective for three years from April 1, 2026. The move resolves a customs clearance delay that had stalled shipments. This decision brings relief to importers and ensures smooth trade of precious metals. The new authorization is valid until March 31, 2029. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/FGEmBdb via IFTTT
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Women financially active but lack tailored advice, reveals HSBC report

Women are actively managing their wealth but face a 'Fluency Gap' in financial guidance. A new HSBC report reveals affluent women are intentional about finances from their 20s. However, fewer than half feel supported by advisors. The study calls for personalized, adaptable advice that evolves with women's changing life stages and priorities. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/6OYghAq via IFTTT
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'Show me the papers', bankers tell cos to guard against any FEMA violations fallout

Indian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volatility and new regulations. Banks are scrutinizing clients and setting limits based on past performance. The Reserve Bank of India has not mandated this, but banks are taking extra precautions to avoid FEMA violations amid a dollar crunch. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/5coQwu6 via IFTTT
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Bank credit grows 16% in FY26, faster than deposits rise

Bank credit saw a significant 16% rise, reaching ₹219 lakh crore. Deposits grew 13.4% to ₹267.8 lakh crore by March 31, 2026. Investments also increased by 4.7%. This year-end surge in deposits and credit is a common trend. In the last fortnight alone, banks gathered ₹12 lakh crore in deposits and lent ₹6.1 lakh crore. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/CnZWxGa via IFTTT
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RBI gives operational flexibility to NBFCs for branch expansion

The Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most situations. This change aims to simplify business operations. Deposit-taking NBFCs have specific conditions based on their net owned funds and credit ratings for opening branches or appointing agents. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/FXY28D1 via IFTTT
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RBI holds talks with banks on ways to boost deposits

Reserve Bank of India is consulting banks on ways to attract larger and more stable deposits as household savings shift to equities and mutual funds, putting pressure on liquidity. Deposits are growing slower than loans, increasing funding costs and credit-deposit ratios. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ZVEQbMt via IFTTT
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