Sector / Industry News › Sub-category
Banking & NBFC
25 articles
Pearl Global's Saksham Niveshak Campaign and News Digest
Pearl Global Industries Limited has informed the stock exchanges about a newspaper publication for the Saksham Niveshak campaign, as per IEPFA guidelines.
News articles cover the impact of credit scor
Bank of India Pays ₹1,796 Cr Bond Interest
Bank of India paid annual interest on April 02, 2026 on AT1, Tier II, and Infra Bonds under SEBI LODR Regulation 57(1).
Total interest paid across 9 bond series aggregates approximately ₹1,796 crore c
Dhanalakshmi Bank FY26 Business Update: 19.68% Growth
Dhanalakshmi Bank reports provisional total business of ₹33,773 crore for FY26, up 19.68% YoY.
Gold Loan portfolio surged 71.41% YoY to ₹6,512 crore, the fastest-growing segment for FY26.
Gross Advanc
Indian Bank Q4 FY26 Provisional Business Update
Indian Bank reports provisional Total Business of ₹14.98 lakh crore for 31.03.2026, up 13.1% YoY and 4.8% QoQ.
Gross Advances grew 13.6% YoY to ₹6.68 lakh crore; Total Deposits rose 12.6% YoY to ₹8.30
South Indian Bank FY26 Business Update: Advances Up 15.66%
South Indian Bank reports provisional FY26 gross advances of ₹1,01,295 crore, up 15.66% YoY.
Total deposits rose 14.71% YoY to ₹1,23,346 crore as of March 31, 2026.
CASA ratio improved by 75 bps YoY t
CSL Finance AUM Grows 21% to ₹1450 Cr
CSL Finance reports 21.13% YoY AUM growth to ~₹1,450 cr (including DA of ₹50 cr) as at March 2026.
Company disbursed ₹135 cr in SME and ₹1,115 cr in WSL during FY2026; raised debt of ₹523.53 cr for th
Emerald Finance EWA, Gold Loan ₹375 Cr Milestone
Emerald Finance partnered with 30 corporates for its Earned Wage Access program in Q4 FY26.
Gold loan syndication via Eclat Net Advisors surpassed ₹375 Cr in Q4 FY26 with ICICI, HDFC, RBL, and Muthoot
Emerald Finance Disburses ₹375 Cr Gold Loans Q4FY26
Emerald Finance Limited partnered with 30 corporates to offer its Early Wage Access program to employees in Q4 FY2025–26.
Emerald Finance and subsidiary Eclat Net Advisors disbursed gold loans exceedi
Mphasis Completes Phase 1 Flagstar Bank Tech Modernization
Mphasis completed Phase 1 of Flagstar Bank's tech modernization, consolidating six legacy data centers into two in ~12 months.
Hundreds of business-critical applications were migrated to the new moder
SBI EGM: All 11 MRPT Resolutions Passed
• SBI held an EGM on March 27, 2026 via VC/OAVM to approve 11 Material Related Party Transaction resolutions, all of which passed.
• All resolutions received 99.99%+ votes in favour; promoter/promoter
Bank of India MCLR Unchanged, Base Rate Cut
Bank of India keeps MCLR and RBLR unchanged effective 01.04.2026 across all tenors.
Base Rate reduced from 10% to 9.50% p.a., applicable from 01.04.2026 to 30.06.2026.
Fixed Rate Spread revised effect
PNB MCLR Rates Unchanged from April 2026
Punjab National Bank keeps all MCLR tenors unchanged effective April 1, 2026, ranging from 7.95% to 9.05%.
Repo Linked Lending Rate (RLLR) at 8.10% (including BSP of 0.10%) and Base Rate at 9.50% also
Bank of Maharashtra Revises Overnight MCLR Rate
Bank of Maharashtra revised its MCLR effective 31st March 2026, cutting the Overnight rate by 15 bps to 7.75%.
One-month, Three-month, and Six-month MCLR tenors remain unchanged at 8.20%, 8.45%, and 8
Government and RBI Ensure Uninterrupted Rural Credit Flow
The Reserve Bank of India (RBI) is ensuring sufficient liquidity to support the productive requirements of the economy, including the rural sector.
The government has implemented measures to ensure un
PNB Housing Finance ₹300 Cr NCD Allotment
PNB Housing Finance allotted 30,000 secured, rated, redeemable NCDs aggregating ₹300 Crore via private placement on March 30, 2026.
The 3-year floating rate NCDs carry an initial coupon of 7.10%, ther
ASMS Wins Indian Overseas Bank CBC Order
Avio Smart Market Stack Limited received a Purchase Order from Indian Overseas Bank for Corporate Business Correspondent (CBC) services under its Financial Inclusion Technology initiative.
The 3-year
Bank of India RBI Penalty ₹58.5 Lakh
RBI imposed a monetary penalty of ₹58,50,000 on Bank of India on 27 March 2026.
Penalty relates to ad-hoc service/inspection/processing charges in PSL accounts and interest payment shortfall on mature
Central Bank of India RBI KYC Penalty ₹63.60 Lakh
RBI imposed a penalty of ₹63.60 lakh on Central Bank of India for KYC and BSBDA non-compliance.
Penalty invoked under Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the Banking Regulation
IndusInd Bank Launches Capital Gains Account Scheme
IndusInd Bank launched the Capital Gains Account Scheme (CGAS) on March 26, 2026, following CBDT authorisation.
CGAS offers two account types: Type A Savings Account (flexible, no minimum balance) and
Muthoot Microfin Q3 FY26 Results, XBRL Clarification
Muthoot Microfin responded on March 16, 2026 to BSE/NSE queries on PDF readability and XBRL total income discrepancy in Q3 FY26 results.
Q3 FY26 PAT surged to Rs. 624.43 million (Rs. 62.4 crore), up 1
Infosys Finacle Wins Philippines Bank Deal
Infosys Finacle will power digital transformation for Producers Savings Bank Corporation in the Philippines via core banking upgrade.
Producers Bank will implement Finacle Core Banking Solution and Fi
Bain Capital Open Offer for Manappuram Finance 26%
BC Asia Investments XXV (Bain Capital) launches mandatory open offer for 26% of Manappuram Finance at INR 236 plus INR 12.29 interest per share.
Maximum total consideration is INR 6,063.92 crore; tend
Fino Payments Bank Q4 FY26 Referral Loan Surge
Fino Payments Bank's Q4 FY26 referral loan disbursements reached ~₹540 crore as of March 20, 2026, tracking toward ~₹1,300 crore for full FY26.
The Bank received RBI 'in-principle' approval on Decembe
Paisalo Digital Adds IOB as BC Partner
Paisalo Digital Limited appointed as Business Correspondent (BC) partner for Indian Overseas Bank (IOB) on March 25, 2026.
Partnership expands Paisalo's multi-bank BaaS platform, complementing existin
PNB Removes PSD & Associates as Statutory Auditor
PNB removes M/s P S D & Associates from its Statutory Central Auditors team effective 25 March 2026 per RBI directive.
Removal is pursuant to RBI letter Ref: DOS.ARG.No.59687/08:10:003/2025-26 dated 2