BANKS

SBI leads as banks add staff in FY26

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 issues advisory to banks on mythos-related cyber threats

RBI is fully prepared to handle cyber security threats linked to Mythos platform, says RBI Deputy Governor Swaminathan.


RBI Governor Malhotra faces first big test amid US-Iran war

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.


State-run banks post record net profit in FY26

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.

SBI chairman presses for change in affordable home definition as loan ticket size rises

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 prepares for FY27 amid US-Iran war, challenging lending margins turf

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.

PNB Q4 net up 14.4% to Rs 5,225 cr

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. 

PNB chief aims at rebalancing loan mix

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 absorbs fraud hit, paces up for growth

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 gives nod to Debasish Panda as next Bandhan Bank chairman

RBI approves appointment of Debasish Panda as part-time chairman of Bandhan Bank for a period of three years.


No governance or conduct-related issues at HDFC Bank, says RBI Guv

RBI had seen minutes of meetings of HDFC Bank and did not find anything of material concern, says RBI Governor Sanjay Malhotra.


IDFC First Bank posts strong loan and deposits growth in Q4

IDFC First Bank posts 17.2% YoY growth in deposits to Rs 2.84 lakh crore as of 31 March 2026; loan book up 20% to Rs 2.90 lakh crore.


IDFC First Bank pays Rs 645 crore, settles Chandigarh fraud claims

IDFC First Bank said it has paid Rs 55 crore more than its initial estimate of Rs 590 crore.


PNB’s biz touches almost Rs 30 lakh cr, credit outpaces deposit growth in Q4

Punjab National Bank’s deposits rise 9.25% YoY to Rs 17.11 lakh crore in Q4; loan book up 12.97% YoY to Rs 12.61 lakh crore.  

DFS Secy calls for lower rates on biz loans for small borrowers, bank CEOs weigh

DFS Secretary M Nagaraju urges bank CEOs to reduce interest rates on business loans for small borrowers. What do bank chiefs think?