All Banking & Crypto Related Details

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher currency in circulation and maturing forward positions. Banking system liquidity is expected to peak in September due to FCNR(B) deposit inflows. Economists anticipate a surplus of around ₹4-5 lakh crore in the banking system. The central bank will then begin withdrawing excess liquidity through durable absorption measures. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/dGwtIuR via IFTTT

HDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investigations. The bank's leadership stated they are well-positioned to defend any potential legal action. HDFC Bank is fundamentally strong with a pristine balance sheet. The integration with HDFC Limited is unlocking meaningful synergies for future growth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/OxpSQMX via IFTTT

The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations will classify these financial companies into different layers. Companies in the upper layer will be required to publicly list their shares. Tata Sons may be included on this upcoming list of NBFCs. The central bank has not published this specific list since January 2025. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/TOet3c7 via IFTTT

The Reserve Bank of India will resume licensing for urban cooperative banks. A comprehensive review of credit monitoring for rural cooperative banks is also planned. The central bank proposed standardizing lending rate frameworks for all regulated entities. This move aims to enhance transparency and strengthen consumer protection measures. Global risks like the West Asia conflict continue to impact India's economic outlook. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Qm3dBif via IFTTT

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and lender caution grew. The sector's portfolio shrank four percent to ₹3.26 lakh crore by June end. Business usually slows during this period, but rainfall added concerns. Lenders remain cautious about growing loans due to uncertain patterns. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/n9D52xu via IFTTT

Finance Minister Nirmala Sitharaman introduced the Bankers' Books Evidence Bill, 2026 in Lok Sabha. This proposed legislation aims to update evidence rules for modern digital banking practices. It will replace the outdated Bankers' Books Evidence Act from 1891. The bill expands the definition of bankers' books to include all record formats. This future-ready framework will recognize electronic records and empower the central government. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/TS5XV2r via IFTTT

Bank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven by data centers, GCCs, and IT enabled services. These segments are now showing robust growth in bank credit. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/c6R7xOf via IFTTT

Banks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their offerings for dollar deposits. Higher overseas borrowing costs and market competition necessitate these rate adjustments. Global benchmark rates have risen since the scheme's operationalization in June. This special scheme for attracting foreign currency closes on September 30. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/tJMHNn9 via IFTTT

Corporate and retail loans fueled bank credit growth during the April-June quarter. Industry and personal loans together accounted for sixty-three percent of this expansion. Petroleum, infrastructure, engineering, and chemicals led industry credit growth significantly. Loans against gold jewellery emerged as the top personal lending contributor. These key sectors drove the overall increase in bank lending. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/XUaijyV via IFTTT

Shivalik Small Finance Bank completed its acquisition of ManiBhavnam Home Finance India Pvt last week. This strategic merger cost the bank nearly one hundred and nine crore rupees. The deal establishes Shivalik's presence in the affordable housing finance market. ManiBhavnam brings a loan book of three hundred and twenty crore rupees to Shivalik. The bank plans fresh capital infusion to continue its growth trajectory. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/KeztPwT via IFTTT

Bank of Maharashtra has reduced its home loan interest rate to seven percent. This special offer includes a complete waiver of processing and documentation fees. The bank aims to provide attractive financing solutions for its valued customers. This move significantly lowers the monthly installment burden for borrowers. These competitive rates are among the lowest available in the current market. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/jHSZQi8 via IFTTT

Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to surpass twenty thousand crore rupees this financial year. Loan growth is projected at twelve to thirteen percent while deposits will grow nine to ten percent. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/PwJ8nmS via IFTTT

The UAE is poised to spearhead India's special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting considerable client interest. Bank officials project that more than ten billion dollars have already been sourced from the UAE. Although operational limitations for bank representatives create hurdles, the robust Indian expatriate community plays a vital role in enhancing contributions to this initiative. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/FdubI2K via IFTTT

The Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note authentication machines. All cash handling staff will receive training on security features by October 2026. Banks must analyze fake note data to identify trends and hotspots. This initiative aims to strengthen the identification and reporting of fake currency notes. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/wSJNrPo via IFTTT

Understanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as the principal falls. Loan amortisation shows how EMIs gradually repay both principal and interest. Early prepayments significantly reduce total interest paid over the loan tenure. Repo rate changes impact floating rate home loans, influencing EMIs or tenure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/21ZGyRQ via IFTTT

India’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 74% in 2026, according to TransUnion CIBIL. Consumption-led loans such as personal loans, credit cards and consumer durable loans have driven growth, shifting borrowing from asset purchases to lifestyle spending. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/5rD1vKC via IFTTT

"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book and focused on building the Casa ratio to 50%," V Vaidyanathan, MD and CEO, IDFC First Bank, told ET in an interview. "If we had kept growing the loan book, we could never have addressed structural issues like this. I believe in playing the long game in every format." from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/blNyS2E via IFTTT

Kotak Investment Banking is undergoing a noteworthy leadership transition. V. Jayasankar and Sourav Mallik will take the reins of the investment banking sector together, while Ramesh Srinivasan will become Non-Executive Vice Chairman. His years of experience will inform strategic advice and client engagement efforts, signaling a strong foundation for future growth in the organization. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/cJdnXps via IFTTT

HDFC Bank invested over Rs 1,316 crore in CSR initiatives during 2025-26. Their Parivartan program has positively impacted more than 10.77 crore lives. The bank's rural development program now reaches over 11,000 villages nationwide. Border village coverage significantly increased to 498 from 298 previously. These efforts aim for inclusive and locally relevant future development. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ybAkcDq via IFTTT

In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits from non-financial entities such as trusts, limited liability partnerships (LLPs), and partnerships to 40% from 100% earlier. The change lowered projected 30-day cash outflows for banks, providing flexibility to the LCR mandate. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/iCYOvp7 via IFTTT