RBI Governor Sanjay Malhotra says bulk of inflows is through FCNR(B) deposits; dismisses concerns that inflows represent recycling of existing deposits.
Total foreign exchange inflows until 17 July is $20.72 bn under RBI’s three concessional swap facilities; $1.97 bn is via OFCBs and $1.34 bn through ECBs.
PNB’s Q1 net up threefold; to increase focus on low-cost deposits, shedding of low-yielding advances and deployment of AI-powered solutions while mobilising FCNR(B) deposits in FY27.
Stress tests indicate that financial institutions are well-positioned to withstand adverse shocks, RBI Governor Sanjay Malhotra said.
India’s eight public sector banks have added 13,223 employees in FY26, leaving their combined workforce at over 6.28 lakh with State Bank of India (SBI) at the lead.
RBI is fully prepared to handle cyber security threats linked to Mythos platform, says RBI Deputy Governor Swaminathan.
Sanjay Malhotra and the MPC members may find small space for an interest rate pause this time but a credit cycle reversal is inevitable down the line.
Aggregate net profit of public sector banks hit an all-time high of Rs 1.98 lakh crore in FY26, led by improved asset quality, strong credit growth and higher income.
State Bank of India’s average home loan ticket size has jumped to Rs 51 lakh from Rs 35-40 lakh two years back; Chairman CS Setty calls for review of definition of affordable housing.
SBI delivers mixed performance in Q4 with loan growth strong but margins seeing contraction; Chairman CS Setty sticks to FY27 guidance on loan growth and domestic NIM.
Punjab National Bank meets target across most key parameters except CASA share and margins; total business up 10.7% YoY to Rs 29.70 lakh crore.
Redesigning of PNB’s asset portfolio is part of drive to bring down share of corporate loans to 40% of book while scaling up RAM to 60%; PNB MD & CEO Ashok Chandra explains why this is needed.
IDFC First Bank returns to normal pace of business growth in quick time, putting fraud impact behind it; even in March opens high number of accounts and new business is as earlier times.
RBI approves appointment of Debasish Panda as part-time chairman of Bandhan Bank for a period of three years.
RBI had seen minutes of meetings of HDFC Bank and did not find anything of material concern, says RBI Governor Sanjay Malhotra.
