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Pvt lenders to log higher liquidity coverage ratios gains on wholesale deposits

New banking rules starting April 1 will boost liquidity coverage ratios for banks holding more wholesale deposits. Private lenders are set to benefit more as certain wholesale deposits will attract lower run-off factors. This change is expected to improve the overall LCR for banks. Public sector banks may see a smaller advantage from these adjustments. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ZVrvxp6 via IFTTT
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RBI tightens rules on NBFC lending to defaulting borrowers; seeks board-approved policy

The Reserve Bank of India is scrutinizing shadow banks. Several non-banking finance companies face questions regarding their policy on lending to borrowers with existing defaults. The central bank insists on a board-approved policy to justify new loans to such customers. This move aims to prevent evergreening and ensure transparency in lending practices. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ctIJOLW via IFTTT
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Banks seek clarity on study loans for GIFT City campus

Banks are asking the government for clear rules on education loans for students at foreign universities in GIFT City. These courses are completed in India, but loans are treated as 'studies abroad'. Lenders want to update the education loan scheme. This includes removing visa requirements for loan approval. The issue was discussed internally and flagged to the government. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/zIdjST3 via IFTTT
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Fino Payments Bank says it's focused on SFB transition

Fino Payments Bank's interim head Ketan Merchant stated the arrest of CEO Rishi Gupta will not affect the bank's transition to a small finance bank. He confirmed no abnormal impact on deposits. The issue involves program managers linked to the real money gaming business. The bank continues proactive engagement with the RBI. Customer balances and business volumes remain stable. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/4SeA0oW via IFTTT
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Fino says transition to small finance bank not impacted by CEO arrest

Fino Payments Bank is successfully moving towards becoming a small finance bank, with interim chief Ketan Merchant assuring stakeholders that the CEO's recent arrest won't hinder their plans or impact customer deposits. The bank maintains a strong line of communication with the RBI, and recent figures indicate healthy business activity and stable daily CASA openings. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/npOCSDJ via IFTTT
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State-run banks rolling out GCC, AI road map under EASE 9.0 reforms

Public sector banks are set to launch a global capability centre strategy by FY27. State Bank of India will lead this initiative. Banks will also develop advanced technology like AI stacks and blockchain. This move aims to modernize lenders and improve productivity. India's BFSI GCCs are projected for significant growth by 2032. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/TjQVbNa via IFTTT
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State Bank of India announces exit of Nitin Chugh as Deputy MD

SBI has relieved Nitin Chugh as Deputy Managing Director effective March 2, 2026, after completion of his contractual tenure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/MVU1juk via IFTTT
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