The Hindu Businessline News

The committee voted 9-3 to lower the benchmark rate by 25 basis points to 3.5%-3.75%, with some dissenters favoring a larger cut or no change

Iyer will succeed current ED Rajeev Ahuja, who retires on February 20 next year, and successfully led the bank as interim CEO between 2021 and 2022

Public sector banks share in SCBs total assets falls to 54.9% at end-March; Their share in SCBs total deposits decreased to 58.8% (59.35%)

Overall employment in the banking system rose to 18.08 lakh from 17.87 lakh a year ago, largely driven by hiring at small finance banks

The proposed borrowing is Rs 10,000 crore lower than the Rs 3.94 lakh crore raised in the same quarter last year.

The reforms introduced in 2025 mark an important phase for the life insurance sector. They bring together regulatory intent, customer centricity and long-term industry development. At their core, these changes make protection simpler, more affordable and more inclusive

The liquidity deficit in the banking system stood at 62,302 crore as on December 28

Rapidly changing technology and digitalisation could change the way people transact with banks for their savings and credit needs, while also exposing the banking system to newer risks including cyber risk

Recognising the positive developments in the sector in the recent period, the Reserve Bank proposes to publish a Discussion Paper on licensing of new UCBs

In H1FY25, banks had reported a total of 18,386 frauds amounting to 16,569 crore

The asset quality of all classification of NBFCs, barring micro-finance institutions, has improved

Payments banks continued to register efficiency gains as cost-to-income ratio declined further during 2024-25

SFBs provisions and contingencies rose 80% y-o-y to 8,144 crore in 2024-25

Through e-KCC platform of Nabard, ULI expanding its reach to customers banking with district central co-op banks and RRBs

Prior to joining Dvara KGFS, Subramanian headed product portfolios at Karnataka Bank and Suryoday Small Finance Bank

Banks deposits and credit grew in double digit percentages during 2024-25 but moderated from the previous year

Makar Sankranti and related harvest festivals will close banks in multiple States between January 14 and 17

Large banks and PSBs remain key beneficiaries of growth pick-up, while focus may remain on lower-rated accounts (AA/A) to manage margins

He will provide strategic financial leadership across all Manappuram Group companies and work closely with the Board and senior management

Individual loan portfolio AUM crosses 1,000 crore mark

Banks credit growth has been outpacing deposit growth since GST rate cuts, triggering a mismatch in funding requirements, leading to increase in issuances and outstanding volume of CDs.

Housing loan above 1 crore, car loans of 15 lakh and above, two-wheeler loans of 3 lakh and above see good growth

The DFS has directed public sector banks and financial institutions for immediate reporting of adverse inputs regarding board level officials even though the alleged lapse pertains to any other capacity other than board

AFSL, in a regulatory filing, said its WOS has received the CoR to commence/carry on the business of a Non-Banking Financial Institution (Category: Type II NBFC-Non-Deposit taking-Investment and Credit Company)

The move aims to improve credit assessment for rural borrowers and SHG members who often have limited or no formal credit history.

PNB said the amount of borrower fraud in the case of SEFL and SIFL stood at 1240.94 crore and 1193.06 crore, respectively.

The report said that after the removal of GST, the average health insurance cover increased from 14.5 lakh in the pre-GST period to 19 lakh in the post-GST period

The report said that beyond the first quarter, the RBI may conduct additional OMOs worth 2 lakh crore to 3 lakh crore during the rest of 2026

Looking ahead to 2026, volatility is unlikely to disappear. However, there will be compression. Price discovery may become steadier with increased institutional participation.

Post-pandemic digital adoption has accelerated AI-led customer engagement, onboarding and risk management

Overall reward efficiency improved sharply to 7 per cent in 2025, up from 2.2 per cent in 2024. Users aged 30-35 were the most financially savvy cohort, with an average optimisation rate of 11 per cent