Sector / Industry News › Sub-category
Banking & NBFC
18 articles
Banking sector developments in India reflect a dynamic environment shaped by credit growth, regulatory adjustments, and strategic shifts. Credit growth continues to accelerate, with non-food bank credit expanding by a robust 17.4% year-over-year in May 2026, driven by increased demand across agriculture, industry, and services. Several banks, including PNB, Canara Bank, and Indian Bank, have revised their lending rates, while DCB Bank reported record annual profits and Bank of Maharashtra demonstrated strong asset quality improvements. Furthermore, Kotak Mahindra Bank is expanding its retail business through the acquisition of Deutsche Bank India’s retail operations, and PFC and REC are merging to create a larger lending entity, signaling ongoing consolidation and strategic realignment within the sector.
German Banks Expand Crypto Trading to Millions
Cooperative banks are rolling out crypto trading via a DZ Bank‑developed platform, allowing customers to buy Bitcoin, Ethereum, Litecoin, Cardano.
DekaBank plans to launch a similar platform for savin
Bandhan Bank Q1 FY27 Deposits & Advances Update
Bandhan Bank discloses provisional Q1 FY27 business updates showing 16.4% YoY loan growth to ₹1.55 lakh crore.
Total deposits grew 6.6% YoY to ₹1.65 lakh crore with improved retail mix at 73.96% of to
Suryoday SFB Q1 FY27 Advances Up 33% YoY
Suryoday Small Finance Bank reported unaudited Q1 FY27 business updates with gross advances growing 32.5% YoY to ₹14,374 crore.
Total deposits increased 29.4% YoY to ₹14,634 crore, with CASA ratio imp
Indian Bank Revises TBLR Rates Up 10bps
Indian Bank's ALCO revised its Treasury Bills Linked Lending Rate (TBLR) effective 03.07.2026.
TBLR for >6 months to 1 year and >1 year to 3 years tenors increased by 10 basis points to 5.85%.
MCLR, B
RBI 2026 Bank Credit Rises 17.4% YoY
RBI report shows non‑food bank credit grew 17.4% YoY in May 2026, up from 8.8% a year earlier.
Agriculture credit rose 14.9% YoY, industry credit 17.5% YoY, and services credit 20.4% YoY, all outpacin
RBI Financial Stability Report June 2026
Global financial system remains resilient despite West Asia conflict, yet risks stay elevated from supply‑chain uncertainties, debt, bond fragilities, and leveraged NBFIs.
India's strong macro fundame
RBI Money Market Volume June 24 2026
Overnight money market segment recorded ₹6,76,503.87 cr volume with weighted average rate 5.22% and rate range 4.00‑5.60%.
Call money ₹21,919.29 cr at 5.37% avg (4.20‑5.45%); Triparty repo ₹4,62,044.8
RBI Money Market June 17: ₹687K Cr
Overnight segment total volume reached ₹6,87,307.30 crore with weighted average rate 5.22% and range 4.20‑5.60%.
Repo operations injected ₹50,016 crore at 5.26% rate, while SDF absorbed ₹1,77,254 cror
RBI Issues Advertising Amendment Directions 2027
RBI issued final Amendment Directions on advertising, marketing and sale of financial products by regulated entities, effective Jan 1 2027.
Directions apply to Commercial, Small Finance, Payments, Loc
RBI Scheduled Banks Position May 2026
RBI released the Scheduled Banks' Statement of Position for 31 May 2026, detailing balance‑sheet items of all scheduled banks in India.
Total bank credit (excluding inter‑bank advances) rose to ₹21,51
DCB Bank FY26 PAT Hits Record ₹732 Crore, Up 19%
DCB Bank reported its highest-ever annual Profit After Tax of ₹732 Crore, up 18.89% YoY, with advances growing 17.58% to ₹60,022 Crore and deposits up 20.91% to ₹72,583 Crore.
The Bank maintained stro
Canara Bank Revises MCLR Rates Effective 12.06.2026
Canara Bank informs exchanges of a revision to its Marginal Cost of Funds Based Lending Rate (MCLR) effective from June 12, 2026.
The overnight MCLR increases to 7.90% from 7.95%, while the one-month
UCO Bank Revises TBLR and G-Sec Benchmark Rates
UCO Bank's ALCO reviewed and revised select benchmark rates effective June 10, 2026.
TBLR rates increased across 3-month (5.30% to 5.40%), 6-month (5.50% to 5.60%), and 12-month (5.60% to 5.75%) tenor
Bank of Maharashtra FY26 Net Profit Rises 27% to ₹7,019 Cr
Bank of Maharashtra reported 27.17% net profit growth to ₹7,019 crore for FY26 with total business reaching ₹6,42,531 crore, representing 17.47% year-on-year growth.
The bank maintained strong asset q
Indian Bank Revises MCLR and TBLR Rates
Indian Bank's ALCO revised MCLR and TBLR benchmark lending rates effective June 3, 2026.
1-year MCLR increased by 10 basis points to 8.85%, while shorter tenors saw smaller hikes.
TBLR rates increased
Indian Bank Revises TBLR Rates Effective May 3
Indian Bank's ALCO revised Treasury Bills Linked Lending Rates (TBLR) effective May 3, 2026.
TBLR for <=3 months reduced to 5.25% and >3-6 months to 5.45%, while longer tenors unchanged.
MCLR, Base Ra
Infosys Ranked Top IT Services Provider in European Banking
Infosys ranked number one IT services provider for Banking in Europe and Financial Services in Nordics by Whitelane Research.
Company recognized as top three Exceptional Performer in Financial Service
Karur Vysya Bank Revises MCLR Rates Up 5-15 bps
Karur Vysya Bank discloses MCLR rate revision effective April 22, 2026, pursuant to SEBI LODR Regulation 30.
Overnight MCLR increases by 5 bps to 8.85%, while six-month and one-year rates rise by 5 bp