Tag
Banking Regulation
15 articles
Regulatory scrutiny and enforcement actions are impacting Indian banks, highlighting ongoing concerns about compliance and financial health. The Reserve Bank of India extended directives for several cooperative banks, including Gujarat Rajya Karmachari, Kshirsagar, and Kanaka Pattana, signaling continued monitoring of their operations, while Jilla Sahakari Bank faces a penalty for failing to adhere to reporting requirements. Elsewhere, Enova International withdrew its bid to acquire Grasshopper Bancorp due to unclear regulatory standards for non-banks seeking banking charters, prompting accelerated share repurchases, demonstrating the challenges faced by firms navigating evolving regulatory landscapes.
AU Small Finance Bank Q2 FY27 Provisional Performance Metrics
AU Small Finance Bank discloses provisional Q2 FY27 performance metrics including deposits and advances growth ahead of official results.
Total deposits grew 28.6% YoY to ₹1,70,460 crore while gross a
Bank of India Q2 FY27 Provisional Business Growth
Bank of India reports provisional Q2 FY27 business growth with global deposits up 21.60% YoY to ₹10.37 lakh crore.
Global gross advances increased 20.43% YoY to ₹8.54 lakh crore, while domestic deposi
ICICI Bank Clears SARFAESI Auction Petition
Petitioners Abhishek Kumar Singh and Dipti Singh sought quashing of ICICI Bank's e‑auction sale notice dated 25‑Mar‑2026, alleging SARFAESI non‑compliance.
During the writ petition's pendency, the ban
RBI appoints Sudhakar Malli Executive Director
RBI announced Shri Sudhakar Malli's appointment as Executive Director effective 1 Oct 2026.
He previously served as Chief General Manager‑in‑Charge of the RBI’s Department of Supervision, overseeing b
Industrial Co‑op Bank Guwahati Extension to Jan 2027
RBI extends its Section 35A directions for The Industrial Co‑operative Bank Ltd., Guwahati to Jan 4 2027, adding three months.
The previous extension had already pushed the deadline to Oct 4 2026 afte
Innovative Co-operative Urban Bank 3‑Month Extension
RBI extends the operational directive for Innovative Co-operative Urban Bank Limited by three months, from 4 Oct 2026 to 4 Jan 2027.
The extension follows a prior six‑month directive (July 4 2025‑Jan
Suryoday SFB Appoints Alok Pathak as Chief Risk Officer
Suryoday Small Finance Bank appoints Mr. Alok Pathak as Chief Risk Officer for a three-year term effective October 1, 2026.
Mr. Yogesh Dixit is redesignated as Head Governance Projects from his previo
Kotak Mahindra Bank RBI Approves Anup Saha MD CEO
Kotak Mahindra Bank receives RBI approval for Anup Kumar Saha's appointment as MD & CEO effective January 1, 2027 for a three-year term.
Saha currently serves as Whole-time Director overseeing Retail
Janata Co‑op Bank Secures Rs 6 Cr Asset Possession
High Court dismisses interim application seeking deferment of order directing possession of secured asset.
Court reiterates order dated 22 Sep 2026 directing physical possession on 30 Sep 2026, with p
Canara Bank Exercises ₹1500 Crore AT1 Bond Call Option
Canara Bank exercises call option on its 8.40% coupon Basel III AT1 bond (ISIN: INE476A08126) issued in October 2021.
RBI granted approval for the call option on September 15, 2026, with October 8, 20
J&K Bank FY2026 Net Profit Rises 13.5% to ₹2,363 Crore
J&K Bank reported standalone net profit of ₹2,363.48 crore for FY2026, up 13.5% YoY, with improved asset quality as gross NPA ratio declined to 2.50%.
The bank recognized impairment of ₹228.65 crore o
J&K Bank FY2026 Net Profit Rises 13.5% to ₹2,363 Crore
J&K Bank reported standalone net profit of ₹2,363.48 crore for FY2026, up 13.5% YoY, with improved asset quality as gross NPA ratio declined to 2.50%.
The bank recognized impairment of ₹228.65 crore o
RBI Issues New Market Risk Capital Rules
RBI issued final Directions on Minimum Capital Requirements for Market Risk under Basel III, effective April 1 2027, after stakeholder feedback.
Directions adopt Simplified Standardised Approach and r
CSB Bank RBI Approves ICICI Prudential 9.95% Stake
RBI grants ICICI Prudential AMC approval to acquire up to 9.95% stake in CSB Bank.
Approval is subject to compliance with Banking Regulation Act and SEBI regulations.
Disclosure made pursuant to SEBI
Karur Vysya Bank Revises MCLR Rates Upward
Karur Vysya Bank announces revision in Marginal Cost of Funds Based Lending Rates effective 22nd August 2026.
MCLR rates increased across all tenors with overnight rate rising 15 bps to 9.00% and one-