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Banking

89 articles
Axis Bank Q4 Advances Grow 6.3% to ₹12.4T
Axis Bank filed a SEBI disclosure with provisional financials for Q4 2026, showing growth in key metrics. Gross advances reached ₹12,442 billion, up 6.3% quarter-on-quarter and 18.4% year-on-year. Tot
Utkarsh SFB, Utkarsh CoreInvest File Amalgamation Petition
Utkarsh Small Finance Bank and Utkarsh CoreInvest have filed a joint petition with the NCLT for sanction of their amalgamation scheme. The scheme was previously approved by equity shareholders and uns
Utkarsh SFB Q4 FY26: Disbursements Up 30% YoY, CASA Ratio Improves
Utkarsh Small Finance Bank reported a 30.1% YoY increase in total disbursements to ₹4,207 crore for Q4 FY26, with non-JLG disbursements surging 51.4%. The bank's gross loan portfolio stood at ₹19,333
PNB Announces Senior Management Changes
Punjab National Bank (PNB) announced changes in senior management roles, effective April 4, 2026, as per SEBI LODR regulations. Four senior executives, including Sanjay Gupta and Rajesh Prasad, have b
IndusInd Bank Q4 FY26 Business Update: Advances Dip, Deposits Edge Up
IndusInd Bank's net advances declined to ₹3.15 lakh crore in Q4 FY26, down 8.7% YoY and 0.8% QoQ. Total deposits grew 1.6% QoQ to ₹4.00 lakh crore, though down 2.6% YoY, with CASA ratio improving to 3
Utkarsh SFB Q4 FY26: Disbursements Up 30%, Deposits Grow
Utkarsh Small Finance Bank reported provisional business updates for Q4 FY26, with total disbursements of ₹4,207 crore, up 30% year-on-year. Gross loan portfolio stood at ₹19,333 crore, with a shift t
YES BANK Q4 FY26 Loans & Deposits Grow
YES BANK's provisional Q4 FY26 loans grew 5.8% QoQ and 10.7% YoY to INR 272,454 crore. Deposits increased 9.0% QoQ and 12.1% YoY to INR 318,970 crore, with CASA up 12.5% QoQ. Liquidity Coverage Ratio
ESAF Bank: 11% Deposit, 19% Advance Growth
Total deposits increased 11.05% year-over-year to ₹25,850 crore, with CASA deposits up 6.88% to ₹6,181 crore as of March 2026. Gross advances grew 19.42% year-over-year to ₹22,426 crore, with secured
Ujjivan SFB Allots 11.8 Lakh Shares Under ESOP
Ujjivan SFB allots 11.8 lakh shares under ESOP 2019, approved by Stakeholders Committee on April 4, 2026. Paid-up capital rises by Rs. 1.18 crore to Rs. 1,943.90 crore after share allotment. Bank has
IDBI Bank Reports 14% Growth in Provisional Business
IDBI Bank intimates provisional business figures under SEBI regulations, showing growth in key metrics. Total business provisional at 6,00,536 with 14% growth; deposits at 3,46,998 with 12% growth and
HDFC Bank Reports 10-15% Growth in Advances and Deposits
HDFC Bank's average advances under management grew 10.0% year-over-year to ₹29.6 trillion in March 2026, with period-end advances up 10.2% to ₹30.6 trillion. Average deposits increased 12.8% year-over
Capital Small Finance Bank Board Meeting for FY26 Results
Capital Small Finance Bank to hold board meeting on April 29, 2026, to approve audited financial results for the period ended March 31, 2026. The intimation is sent to BSE and NSE in compliance with S
Bank of Baroda's Global Business Grows 13.93% to ₹30.79 Trillion
Bank of Baroda reported a 13.93% YoY growth in global business to ₹30.79 trillion as of March 31, 2026. Global advances grew 16.23% to ₹14.30 trillion, while deposits grew 12.0% to ₹16.49 trillion YoY
Union Bank Reports 9.76% YoY Growth in Gross Advances
Union Bank reported provisional figures for FY26, with gross advances growing 9.76% YoY and domestic advances up 10.06% YoY as of March 31, 2026. RAM (Retail, Agri, MSME) advances grew 12.59% YoY, whi
RBI Approves Emirates NBD's Acquisition of Up to 74% in RBL Bank
RBI grants Emirates NBD approval to acquire up to 74% stake in RBL Bank, subject to conditions including a 51% minimum holding and conversion to a foreign bank subsidiary. The approval is valid for on
Meta Infotech Bags Rs 21.43 Cr Renewal Order from Private Bank
Meta Infotech Limited has secured a renewal order worth Rs. 21.43 crore from a large private sector bank for mobile application security services. The contract is for a one-year license subscription,
HDFC Bank to Consider Issuance of Perpetual Debt, Tier II Bonds
HDFC Bank's board will consider issuing perpetual debt, Tier II bonds, and long-term infrastructure bonds over the next 12 months. The board meeting to consider the issuance is scheduled for April 18,
RBI Weekly: State Loans Rise 1,055 Cr
RBI weekly supplement (April 2026) reports state government loans and advances increased by ₹1,055 crore week‑on‑week, offsetting a ₹4,016 crore year‑on‑year decline. Total reserves fell by ₹22,501 cr
RBI March 30 Money Market Liquidity -₹4.39 bn
Overnight money market volume reached ₹5,89,391.97 cr, weighted average rate 6.30% within a 0.01‑8.25% range. Repo and related operations on March 30 injected net liquidity of –₹4,39,528 cr, indicatin
RBI Money Market Ops: 6.83 Lakh Cr
RBI reported total overnight money market volume of ₹6,83,177.05 crore on March 27, 2026, with weighted average rate 5.45%. Repo operation of ₹65,322 crore at 5.26% and MSF of ₹63 crore at 5.50% were
RBI Feb 2026 Credit Up 14.3% YoY
RBI reports non‑food bank credit grew 14.3% YoY in the fortnight ended 28 Feb 2026, versus 11.1% a year earlier. Agriculture credit rose 12.3% YoY, industry credit 13.5% YoY, driven by infrastructure,
RBI Publishes Q3 2025-26 Invisibles Data
RBI issued its third‑quarter 2025‑26 invisibles statistics covering October‑December, following IMF BPM6 methodology. The release, dated March 30 2026, provides data on services, primary income and se
RBI Reports Services Exports $34.7bn Feb 2026
RBI released February 2026 services trade data showing exports of $34.708 bn and imports of $16.865 bn. Export growth YoY slowed to 9.7% while import growth accelerated to 16.2% year‑on‑year. Data for
RBI SCB Lending Rates Fall to 8.44%
Weighted average lending rate on fresh rupee loans fell to 8.44% in February 2026, down from 8.49% in January. Weighted average lending rate on outstanding rupee loans declined to 9.00% in February 20
RBI 3-Day VRR Auction Allots ₹50,000 Cr
On March 30 2026, RBI held a 3‑day Variable Rate Repo auction, notifying a total amount of ₹50,000 crore to manage liquidity. Total bids received ₹57,287 crore, with ₹50,001 crore allotted, achieving
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
RBI Absorbs ₹48.7bn Liquidity March 26
RBI's net liquidity injection from today's operations was a withdrawal of ₹2.19 bn, with overall net liquidity of –₹48.7 bn after outstanding operations. Standing Deposit Facility (SDF) absorption amo
RBI March 20 Liquidity Injection ₹6,226 Cr
On March 20, RBI’s repo (₹25,101 cr) and SDF (₹1,88,379 cr) yielded a net liquidity injection of ₹6,225.64 cr, boosting overall market liquidity. Overnight money market volume was ₹6,90,151 cr at 5.30
NCLAT Lists Insolvency Appeals by Personal Guarantors of Bank of Baroda
The National Company Law Appellate Tribunal (NCLAT) listed three appeals by personal guarantors of Bank of Baroda for a hearing on 29.04.2026 for further instructions. The appellants, who are personal
NCLAT Lists Vikas Goel's Appeal Against Bank of Baroda
The NCLAT heard an application (I.A. No. 357 of 2026) in an appeal filed by Vikas Goel against Bank of Baroda. The application sought modification of the Tribunal's earlier order dated 11.12.2025, cit
NCLAT Adjourns City Co-op Bank Liquidation Case to April 13
The National Company Law Appellate Tribunal (NCLAT) adjourned a hearing in a liquidation matter involving City Co-operative Bank Ltd. and Kandivli Balaji Investment to April 13, 2026. The respondent's
PNB Reports No Encumbrance on PNB Gilts Shares for FY26
Punjab National Bank disclosed that it, as promoter, created no encumbrance on its PNB Gilts shares for the year ended March 2026. The disclosure, made under SEBI's Takeover Regulations, was submitted
PNB Discloses No Encumbrance on PNB Housing Shares
Punjab National Bank disclosed that during the year ended March 31, 2026, it did not create any encumbrance on its shareholding in PNB Housing Finance Limited. The disclosure is made under Regulation
PNB: No Share Pledge by Promoter Government in FY26
Punjab National Bank disclosed that its promoter, the Government of India (70.08% holder), did not create any encumbrance on its shares during FY26. The disclosure is made under SEBI's Takeover Regula
South Indian Bank Discloses Compliance Officer and RTA Details
South Indian Bank filed a regulatory disclosure under SEBI LODR Regulations 6(1) and 7(1) regarding compliance officer and RTA details. Compliance Officer Jimmy Mathew, a qualified company secretary,
Central Bank of India Case Adjourned by Supreme Court
The Supreme Court of India adjourned a Special Leave Petition filed by the Regional Manager, Central Bank of India & Ors. against Vibhakar Kushwaha & Ors. for two weeks. The adjournment was granted on
Supreme Court Lists SBI Records Case for May 2026 Hearing
The Supreme Court listed the SBI records case for hearing on 08 May 2026 and directed that records be preserved until then. Petitioner Arindam Das seeks special leave to appeal against SBI's CPIO over
Narula Withdraws Writ Petition Against China Trust Bank
The Supreme Court allowed the withdrawal of an unregistered writ petition filed by Sanjivv Narula against China Trust Commercial Bank. The withdrawal was permitted in terms of a letter dated March 22,
Bank of Maharashtra Discloses 73.6% Promoter Holding
Bank of Maharashtra files SEBI SAST Regulation 31(4) and 31(5) compliance letter to stock exchanges. Promoter President of India holds 73.60% equity shares as of March 31, 2026. No encumbrance created
SBI Seeks Supreme Court Review of High Court Order
The Supreme Court heard State Bank of India's special leave petition against a High Court order. The hearing was adjourned to next week as the petitioner's counsel was unwell. The case involves State
Supreme Court Reinstates Bank Manager's Dismissal
Supreme Court allowed Punjab & Sind Bank's appeal, setting aside High Court order and restoring dismissal of senior manager for misconduct. The Court emphasized that higher-ranking officials bear grea
Swadha Builders vs Union Bank: Supreme Court Notice
The Supreme Court issued notice on a special leave petition filed by Swadha Builders against Union Bank, returnable on 27 April 2026. The case arises from a Calcutta High Court order dated 10 December
SBI Criminal SLP Adjourned by Supreme Court
The Supreme Court adjourned the criminal special leave petition filed by State Bank of India against the State of Maharashtra. The adjournment was granted at the request of the petitioner's counsel an
Supreme Court Allows Punjab and Sind Bank's Appeal Against Raj Kumar
The Supreme Court allowed Punjab and Sind Bank's appeal in a civil case against Raj Kumar, with the judgment delivered by Justices Dipankar Datta and Satish Chandra Sharma. The appeal was allowed in t
SC Directs Fresh Notice in Bank of Maharashtra Case
The Supreme Court heard a special leave petition filed by Bank of Maharashtra in a case against L.M. Belaugi and another. The court noted incomplete service of notice and directed fresh steps for serv
Supreme Court Adjourns Canara Bank Loan Dispute to August 2026
The Supreme Court of India adjourned a special leave petition filed by Meena Vijay against Canara Bank to August 2026, following a joint request from both parties. The case, arising from a Karnataka H
NCLT Adjourns Central Bank vs. Saleem Insolvency Case
The NCLT adjourned the insolvency case of Central Bank vs. Mohd. Saleem to April 6, 2026. The case is under Section 95 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid
PNB vs Bhagwati Rice Mill NCLT Hearing Adjourned
The National Company Law Tribunal, Allahabad, is hearing an insolvency application by Punjab National Bank against Bhagwati Rice Mill under Section 7 IBC. The hearing has been re-notified to April 6,
Supreme Court Stays CIRP in Pravista Infra Case
The Supreme Court issued notice and stayed the Corporate Insolvency Resolution Process (CIRP) initiated by the NCLT against Pravista Infra Pvt Ltd. The Court was informed that an application to set as
NCLAT Dismisses Personal Guarantor Appeals in SBI Insolvency Case
The National Company Law Appellate Tribunal dismissed appeals by personal guarantors against the admission of a Section 95 application by State Bank of India. The court held that the personal guarante
NCLT Adjourns Bank of Baroda Insolvency Case to April 10
The NCLT Jaipur Bench adjourned an insolvency application (IA No. 99/JPR/2026) to April 10, 2026, due to the leave of the Judicial Member. The case involves Bank of Baroda as the financial creditor se
NCLT Adjourns Union Bank vs Aksh Optifibre Insolvency to April 15
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned an insolvency hearing involving Union Bank and Aksh Optifibre to April 15, 2026. The case, filed under Section 7 of the Insolvency and B
NCLT Adjourns Bank of Baroda Insolvency Hearing
NCLT Jaipur adjourns hearing in Bank of Baroda's insolvency case against guarantor Ajay Singh Chauhan to April 10, 2026. Adjournment due to leave of NCLT member, with hearing rescheduled from March 30
NCLT Adjourns Bank of Baroda Case to April 10
The National Company Law Tribunal (NCLT) Jaipur Bench has adjourned the hearing in the case of Bank of Baroda vs. Kuldeep Sankhala to April 10, 2026. The adjournment was necessitated as the judge was
NCLT Adjourns Bank of Baroda vs. Jai Kumar Somani Hearing
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency case filed by Bank of Baroda against personal guarantor Jai Kumar Somani to 17 April 2026. The case, filed under Section
NCLT Adjourns Bank of Baroda Insolvency Case Against Guarantor
The National Company Law Tribunal (NCLT) Jaipur Bench adjourned the hearing of an insolvency application filed by Bank of Baroda against a personal guarantor due to the unavailability of a judicial me
NCLT Adjourns Bank of Baroda vs. Sameer Somani Hearing
The National Company Law Tribunal (NCLT), Jaipur Bench, adjourned the hearing in the insolvency case of personal guarantor Mr. Sameer Somani to 17.04.2026. The adjournment was due to the absence of th
NCLT Adjourns Bank of Baroda Insolvency Hearing
The National Company Law Tribunal (NCLT) Jaipur Bench has adjourned a hearing in an insolvency case filed by Bank of Baroda against a guarantor. The hearing was rescheduled to April 10, 2026, due to t
NCLT Adjourns Ramdev PVC Insolvency Case Due to AC Failure
The National Company Law Tribunal (NCLT) adjourned the hearing of an insolvency application filed by Rajkot Nagrik Sahakari Bank against Ramdev PVC Product Pvt Ltd due to an AC failure in the court. T
NCLT Adjourns Rajkot Nagarik Sahakari Bank Case
The National Company Law Tribunal (NCLT) adjourned the insolvency case due to air conditioning failure and listed it for April 20, 2026. The case involves Rajkot Nagarik Sahakari Bank Limited versus U
NCLT Adjourns Rajkot Nagarik Bank vs Agarwal Case
The National Company Law Tribunal adjourned the case due to AC failure, with the next hearing scheduled for April 20, 2026, under Section 123 of IBC, 2016. The case involves Rajkot Nagarik Sahakari Ba
Rajkot Nagarik Bank vs. Sharma Case Adjourned
The NCLT adjourned the hearing due to air conditioning failure, with the next hearing scheduled for April 20, 2026. The case involves Rajkot Nagarik Sahakari Bank Ltd. and Gopalkrishna Sharma under th
SC Issues Notice in Himachal Pradesh vs SBI SLP
The Supreme Court issued notice in a special leave petition filed by the State of Himachal Pradesh against the State Bank of India, tagging it with a related case. The Court also issued notice on the
RBI Penalises Airtel Payments Bank ₹31.8 Lakh
RBI imposed a monetary penalty of ₹31.80 lakh on Airtel Payments Bank for non‑disclosure in its FY 2024‑25 financial statements. The penalty follows the ISE 2025 supervisory inspection of the bank’s f
RBI Penalises Davanagere Co‑op Bank ₹1.5 Lakh
RBI imposed a ₹1.5 lakh monetary penalty on The Davanagere District Central Co‑operative Bank Ltd for KYC violations and share‑holding breaches. Violations cited were holding shares in other co‑operat
NCLT Adjourns Canara Bank Guarantor Case to April 2026
The NCLT Allahabad Bench adjourned a hearing in the insolvency case between Canara Bank and a personal guarantor to April 17, 2026. The case involves insolvency proceedings under Section 95 of the IBC
Central Bank of India Fined ₹63.6 Lakh
RBI imposed a monetary penalty of ₹63.60 lakh on Central Bank of India for KYC and BSBDA non‑compliance. The penalty follows RBI’s ISE 2025 inspection covering the bank’s financial position as of Marc
NCLAT Lists SBI Insolvency Appeals for Hearing
The National Company Law Appellate Tribunal (NCLAT) has listed three insolvency appeals for hearing on 22 April 2026. The appeals are filed by individuals against the State Bank of India's Stressed As
NCLAT Adjourns Bank of Baroda vs. Dinesh Sood Case
The National Company Law Appellate Tribunal (NCLAT) adjourned the hearing of an appeal between Bank of Baroda and Dinesh Sood to 9 July 2026. The adjournment was granted as the main arguing counsel fo
NCLAT Stays Order in IndusInd Bank Settlement Case
The NCLAT has stayed an order and is considering a settlement between Nirmal Singh and IndusInd Bank, with the next hearing on 29 April 2026. The appellant has increased his settlement offer to ₹12 cr
NCLAT Lists IDBI Bank Appeal for July 2026
The National Company Law Appellate Tribunal listed an appeal by IDBI Bank for hearing on 27 July 2026. The appeal, filed by IDBI Bank Ltd., is against Praveen Bansal & Anr., with the next hearing sche
NCLAT Lists Somvanshi vs Abhyudaya Co-Operative Bank Appeal
The National Company Law Appellate Tribunal (NCLAT) has listed an appeal filed by Sunil Laxman Somvanshi for hearing on 2nd April 2026. The appeal is directed against Abhyudaya Co-Operative Bank Ltd.
NCLAT Reserves Judgment in Sharma vs Canara Bank
The National Company Law Appellate Tribunal has reserved judgment in the appeal filed by Vikram Sharma against Canara Bank. The case involves Supreme Best Value Kolhapur Tollways and relates to insolv
Parveen Kumar Verma Appeals to Supreme Court Against SBI
Supreme Court hears special leave petition filed by Parveen Kumar Verma against State Bank of India and others. The petition challenges a Punjab & Haryana High Court order dated 08-04-2025 in LPA No.
State Bank of India Supreme Court Appeal Hearing
The Supreme Court heard a civil appeal by State Bank of India against Subhash Aggarwal, listing the matter for 14.04.2026. The bench of Justices Manoj Misra and Manmohan heard the case, which involves
NCLT Directs RP to Admit Union Bank's Rs 27.48 Cr Claim
The NCLT allowed Union Bank's application, directing the resolution professional to admit its Rs 27.48 crore claim in the Frost International insolvency. The Tribunal held the claim was within limitat
Lotus 300 Owners vs IndusInd Bank Supreme Court Appeal
Supreme Court hears civil appeal between Lotus 300 Apartment Owners and IndusInd Bank, with multiple connected petitions and interventions. Hearing held on 23 March 2026; case listed for next hearing
NCLAT Lists Punjab National Bank Insolvency Appeals for Hearing
The National Company Law Appellate Tribunal (NCLAT) has listed two insolvency appeals for hearing on 15 April 2026. The appeals, filed by Deepak Kumar Jain and Rinku Deepak Jain, are against Punjab Na
NCLAT Allows Amendment in Milan Aggarwal's Appeal Against Canara Bank
The NCLAT allowed an application to amend the memo of appeal in the case of Milan Aggarwal vs. Canara Bank. The appellant was directed to file the amended memo within a week, and the appeal was listed
Bank of Baroda Insolvency Appeal Hearing Set
The National Company Law Appellate Tribunal listed the insolvency appeal of Bank of Baroda for hearing on 08.05.2026. The interim order, the details of which are not specified in the provided text, wi
Canara Bank IBC Petition Against Personal Guarantor
Canara Bank filed a petition under Section 95 of IBC against personal guarantor T. Sathish Kumar for RKI Builders Pvt Ltd. NCLT Hyderabad directed the respondent to file vakalat, counter, and objectio
NCLT Adjourns Personal Guarantor Insolvency Hearing to May 2026
The National Company Law Tribunal (NCLT) adjourned a personal insolvency hearing to May 22, 2026, at the request of the Committee of Creditors. The case involves Indian Bank's petition against a perso
NCLT Adjourns Canara Bank Insolvency Plea Against Personal Guarantor
NCLT adjourns Canara Bank's insolvency plea against personal guarantor Deepak Raj to 20 April 2026 for filing counter and objections. The case relates to insolvency proceedings under Section 95 of IBC
UCO Bank vs. Chalasani Ajad Kumar NCLT Hearing Adjourned
The National Company Law Tribunal (NCLT) Hyderabad Bench heard a case filed by UCO Bank against Shri Chalasani Ajad Kumar under the Insolvency and Bankruptcy Code. The respondent's counsel accepted se
NCLT Admits Insolvency Plea Against Personal Guarantor
The National Company Law Tribunal (NCLT) admitted a petition filed by Indian Bank under Section 95 of the IBC against a personal guarantor. The tribunal appointed an interim resolution professional to
NCLT Adjourns Personal Guarantor Insolvency Hearing to May 2026
The National Company Law Tribunal (NCLT) adjourned a personal guarantor insolvency hearing to May 22, 2026, at the request of the Committee of Creditors (CoC) of Indian Bank. The case, filed under Sec
RBI Penalises Mysore Co-operative Bank ₹1 Lakh
RBI imposed a penalty of ₹1 lakh on Mysore and Chamarajnagar District Co‑operative Central Bank Ltd for KYC violations and shareholding breach. The penalty follows a NABARD‑conducted statutory inspect
Pali District Co-op Bank Fined ₹50k KYC
RBI imposed a monetary penalty of ₹50,000 on The Pali District Central Co-operative Bank Ltd., Rajasthan for KYC non‑compliance. The penalty follows a NABARD‑conducted statutory inspection covering th
NCLAT Grants Time for Reply in Bank of Maharashtra Case
The National Company Law Appellate Tribunal (NCLAT) has granted two weeks to Bank of Maharashtra to file a reply in an appeal filed by Aditya Vivek Kawade. The case involves an appeal by Aditya Vivek