Amid tariff-related uncertainties, RBI Governor Sanjay Malhotra emphasised need to push growth while anchoring inflation.
SBI increases upper band of home loan rate by 25 bps to 8.70% but keeps lower rate unchanged; other banks weigh moves on how to protect margins in falling interest rate regime.
Punjab National Bank has identified more than 100 NPA accounts with book size of around Rs 5,000 crore which it will sell to ARCs in FY26, says MD & CEO Ashok Chandra.
Ramping up retail deposits, being selective in corporate lending space and scaling up secured retail and MSME loans are areas bank will focus on in FY26, IndusInd Bank chairman Sunil Mehta said.
Impact of US tariffs on Indian banking sector will be limited, says SBI chairman CS Setty; bank will achieve its growth targets for FY26 despite global uncertainties.
RBI-led MPC meets to take a call on rate cut amid the fog of trade war, US imposition of tariffs, low inflation, concerns over growth and recent slide in rupee.
Punjab National Bank CEO Ashok Chandra draws comfort from a loan sanction pipeline of Rs 1.29 lakh crore; CASA deposit ratio in Q1 lags behind FY26 target but bank has revamped product.
Sumitomo Mitsui Banking Corporation has already made applications to RBI and CCI; Yes Bank Q1 net profit up 59% to Rs 801 crore.
Axis Bank’s Q1 net profit falls 4% to Rs 5,806 cr and gross slippages inflate to Rs 8,200 cr; retail unsecured loans a worry.
Bank of Maharashtra is driving up CASA, shunning high-cost bulk deposits, tapping infra bonds and repricing loans; Rs 3,000 crore will be freed due to CRR cut from 4% to 3%.
RBI Governor Sanjay Malhotra indicates possibility of further cut in repo rate if inflation is lower than earlier forecast or growth is weak.
Bank of Maharashtra posts net profit of Rs 1,593 crore in Q1; gross NPAs fall to 1.74% from 1.85% a year ago but slippages see rise from preceding quarter.
RBI will review if foreign banks could be allowed to own 26% stake in local banks as a matter of policy, says Governor Sanjay Malhotra; current cap is 15%.
HDFC Bank consciously calibrated its loan growth in FY25 to reposition the balance sheet, says MD & CEO Sashidhar Jagdishan; now bank poised to capitalise on growth opportunities.
Indian Bank is 4th largest public sector bank in SHG financing; enjoys 10% market share with credit portfolio of Rs 22,224 crore as of March 2025.