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 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 said it has paid Rs 55 crore more than its initial estimate of Rs 590 crore.
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 Secretary M Nagaraju urges bank CEOs to reduce interest rates on business loans for small borrowers. What do bank chiefs think?
RBI set to revise lead bank scheme for enhanced effectiveness; banks required to ensure wide inter-state or inter-regional disparities in CD ratio are avoided.
SBI reported a 24.49% YoY rise in Q3 net profit on the back of strong loan growth and fee income; credit guidance for FY26 raised to 13-15%, said Chairman CS Setty.
Rupee’s difficult journey to continue in 2026 amid mute capital inflows, absence of trade deal with US and unwinding of yen carry trades; no kneejerk reaction in rupee’s favour against dollar after pact with European Union.
RBI has no immediate necessity to cut interest rates; expectation is to keep repo rate unchanged amid risking further capital outflows and weakening of rupee.
On loan side, IndusInd Bank needs to regain lost ground in vehicle and microfinance biz while pushing for growth in SME segment; CEO Rajiv Anand feels key to all this is to put foremost priority on deposit growth.
HDFC Bank will support 10 strategic initiatives across priority sectors including climate innovation, agriculture and sustainable livelihoods.
Elevated profit to help keep aside floating provision for transitioning to ECL regime without putting pressure on balance sheet, says PNB CEO Ashok Chandra; bank to further reduce deposit rates to ease pressure on margins.
Punjab National Bank’s net profit would have been even higher but for an additional provision of Rs 955 crore for meeting RBI’s expected credit loss guidelines.
“I think now we are opening up, the engine is opening up,” says HDFC Bank CEO Sashidhar Jagdishan; foundations are in place to build deposits to fund loan growth.
UCO Bank’s gross NPA declines to 2.41% as of 31 December from 2.91% a year ago; net profit rises 15.76% to Rs 739.51 crore in Q3.
