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23Jan 26
RBI Announces Third Liquidity Tranche as Rupee Touches Record Low of 91.97
The RBI announced its third liquidity support package, including ₹50,000 crore in government securities purchases and a ₹25,000 crore Variable Rate Repo operation, as the rupee hit a record low of 91.97 against the dollar. Foreign institutional investors have sold ₹36,587 crore worth of shares in 2025, intensifying market pressure. The intervention follows previous packages totaling ₹3 trillion in operations since December 2025, with the MPC meeting scheduled for 4-6 February.
23Jan 26
Central Bank of India Prepares for Union's Proposed One-Day Strike on January 27, 2026
Central Bank of India's union has announced a one-day strike for January 27, 2026, prompting the bank to prepare measures ensuring smooth operations continue during the industrial action. The bank has committed to maintaining service continuity and minimizing disruptions to customer services during the planned strike period.
23Jan 26
Banks Closed Nationwide on January 26 for Republic Day; Digital Services Continue
All banks across India will close on January 26, 2026, for Republic Day, creating a three-day weekend with fourth Saturday and Sunday. While physical branches remain shut, ATMs and digital banking services including UPI, net banking, and electronic transfers will operate normally. Customers should complete urgent branch work before January 24 and rely on digital platforms during the closure.
23Jan 26
RBI announces ₹1.25 trillion liquidity injection to address banking system cash crunch
The Reserve Bank of India announced a ₹1.25 trillion liquidity injection package to address tightening banking system conditions. The comprehensive measures include a ₹25,000 crore 90-day repo operation on January 30, USD 10 billion swap auctions on February 4, and ₹1 trillion government securities purchases in February. These targeted interventions aim to improve durable liquidity, support credit flow, and stabilize money market rates while maintaining the RBI's flexible approach to monetary policy management.
22Jan 26
RBI's Dollar Sales Cross FY25 Levels, Hit $43.2 Billion as Rupee Stays Volatile
The Reserve Bank of India's dollar sales have exceeded FY25 levels, reaching $43.2 billion till November 2025, representing a 28% increase from the previous fiscal year's $34.5 billion. While spot market sales moderated to $9.71 billion in November from October's $11.87 billion, forward market sales remained strong at $66 billion by November-end. The intervention reflects efforts to address balance of payments deficits and counter weak sentiment from potential US tariffs, as the rupee breached 90 and 91 levels in recent months.
22Jan 26
India to remain fastest-growing major economy despite global tensions: RBI
RBI's January bulletin projects India's GDP growth at 7.4% for 2025-26, up from 6.5% previously, maintaining the country's position as the fastest-growing major economy globally. Despite geopolitical tensions and US tariff impositions reaching 50% on Indian goods, high-frequency indicators show continued growth momentum with robust demand conditions. India is actively diversifying exports through trade negotiations with 14 countries representing nearly 50 nations, recently concluding agreements with New Zealand and Oman to mitigate external sector risks.
22Jan 26
RBI Net Sells $9.70 Billion in November as Rupee Depreciates 0.70%
The Reserve Bank of India net sold $9.70 billion in November, down from $11.80 billion in October, as the rupee depreciated 0.70%. The real effective exchange rate declined to 94.20 in December from 96.17 in November, compared to 104.62 in December 2024, indicating broader currency weakness against major international currencies.
21Jan 26
Bank of India Reports Strong Q3FY26 Results with 7.47% Net Profit Growth
Bank of India reported strong Q3FY26 results with net profit growing 7.47% YoY to ₹2,705 crores. Global business crossed ₹16 lakh crores milestone with advances growth of 13.63% YoY. Asset quality improved significantly with GNPA ratio declining to 2.26% and NNPA ratio to 0.60%. The bank maintained robust capital adequacy at 17.09% and expanded digital customer base to over 242 lakh UPI users.
21Jan 26
RBI Conducts USD/INR Foreign Exchange Swaps Across Multiple Maturities
The Reserve Bank of India conducted buy-sell USD/INR foreign exchange swaps across June, July, August and October maturities on Wednesday, according to traders and FX brokers. The operations aim to manage liquidity amid persistent rupee pressure that has prompted frequent RBI interventions involving dollar sales, which typically drain rupee liquidity from the banking system.
21Jan 26
Indian Government Bonds Rise on Growing Expectations of RBI Market Support
Indian government bonds rose early Wednesday as traders expect RBI secondary market purchases and additional open market operations. The benchmark 10-year bond yield improved to 6.6658% from 6.6722%. Investors from the "others" category bought ₹3,550 crores worth of bonds on Tuesday. The RBI is scheduled to purchase ₹50,000 crores of bonds on Thursday, with traders hoping for announcement of further buying rounds.
20Jan 26
RBI Strengthens Priority Sector Lending Framework with Mandatory Auditor Certification
RBI has tightened priority sector lending compliance by mandating external auditor certificates from intermediary lenders to prevent duplicate claims by multiple banks. The move follows action against ICICI Bank and HDFC Bank for loan misclassification. Banks must now obtain certificates from NBFCs, NBFC-MFIs, and housing finance companies while maintaining existing lending limits of 5% and 10% respectively for different categories.
19Jan 26
RBI Governor Emphasizes Governance Standards in Meeting with Urban Cooperative Bank Leaders
RBI Governor Sanjay Malhotra emphasized the importance of strong governance standards for urban cooperative banks during a Mumbai meeting with sector leaders. He highlighted UCBs' critical role in financial inclusion, particularly in underserved areas, while stressing the need for robust risk management, asset quality monitoring and customer-centric approaches. The interactive session facilitated dialogue on policy and operational challenges facing the cooperative banking sector.
19Jan 26
Axis Bank CEO Warns of Unsustainable Deposit-Credit Growth Gap, Calls for Enhanced RBI Liquidity Support
Axis Bank CEO Amitabh Chaudhry has warned about the unsustainable gap between deposit growth (10-12%) and expected credit growth (15-17%), calling for enhanced RBI liquidity support. Speaking at Davos, he highlighted structural shifts in deposit composition as retail investors move to equity markets, resulting in more expensive wholesale deposits. While acknowledging ₹15.00 billion in recent foreign investments in Indian financial services, Chaudhry emphasized that capital alone cannot solve the core funding challenge, as real balance sheet growth requires deposit mobilization.
19Jan 26
Central Bank of India Sets Record Date for Third Interim Dividend in FY26
Central Bank of India has set January 23, 2026 as the record date for its third interim dividend of ₹0.20 per share for FY26. The dividend, representing 2% of the ₹10 face value, was approved by the board on January 16, 2026. Shares traded at ₹38.34 on January 19, 2026, with the bank showing strong long-term returns of 173% over five years despite a 27.28% decline in the past year.
19Jan 26
RBI Proposes Linking BRICS Digital Currencies to Facilitate Cross-Border Payments
The Reserve Bank of India has proposed linking BRICS countries' central bank digital currencies to streamline cross-border payments, with the recommendation intended for the 2026 BRICS summit agenda. India's e-rupee has attracted 7 million users since December 2022, while all main BRICS members are running CBDC pilot projects. Implementation faces challenges including technological interoperability and trade balance management through proposed bilateral swap arrangements.
19Jan 26
RBI Directs HDFC Bank and ICICI Bank to Make Additional Provisions for Priority Sector Lending Compliance Issues
The Reserve Bank of India has directed HDFC Bank and ICICI Bank to make additional provisions of ₹500.00 crore and ₹1,283.00 crore respectively for priority sector lending compliance issues in their agriculture portfolios. The regulatory action follows annual supervisory reviews that identified misclassification of loans not meeting genuine farm requirements as defined by the official scale of finance. Market experts indicate this reflects regulatory enforcement rather than asset quality stress, with banks expected to rectify documentation gaps to achieve compliance in future cycles.
16Jan 26
Bank of India Schedules Q3FY26 Earnings Call for January 21, 2026
Bank of India has scheduled an earnings call for January 21, 2026, at 6:30 PM to discuss Q3FY26 unaudited financial results ended December 31, 2025. The hybrid meeting will be held at Trident Hotel, BKC, Mumbai, with virtual access via Webex. Top management including MD & CEO Rajneesh Karnatak and four Executive Directors will participate in the analyst discussion.
16Jan 26
Central Bank of India Q3 Results: Strong Performance with 31.25% Profit Growth
Central Bank of India delivered robust Q3 performance with net profit growing 31.25% YoY to ₹12.60 billion and interest income rising 6.24% to ₹90.30 billion. The bank also improved asset quality with GNPA ratio declining to 2.70% from 3.01% QoQ and NNPA ratio reducing to 0.45% from 0.48% QoQ, demonstrating strong operational efficiency and risk management.
15Jan 26
RBI Issues Enhanced Guidelines to Strengthen Customer Grievance Redressal Mechanism
The Reserve Bank of India has issued enhanced guidelines to strengthen internal grievance redressal mechanisms across banks and NBFCs, effective immediately. The new framework mandates auto-escalation of rejected or partially resolved complaints to internal ombudsmen, establishes strict review protocols, and requires board oversight through customer service committees. Internal ombudsmen must be appointed for three-year terms with specific qualifications, while entities can now offer compensation for customer losses including harassment and mental agony.
14Jan 26
RBI Tightens Forex Risk Norms, Mandates Daily Capital Maintenance for Banks
The Reserve Bank of India has introduced comprehensive new foreign exchange risk regulations requiring banks to calculate capital charges on a continuous basis at both consolidated and standalone levels, with mandatory daily capital maintenance at business day close. The enhanced framework, effective April 1, 2027, allows structural position exclusions under strict documentation requirements while aligning Indian banking regulations with international standards.
14Jan 26
SMBC Gets RBI's In-Principle Nod For Fully-Owned India Subsidiary
The Reserve Bank of India has granted in-principle approval to Sumitomo Mitsui Banking Corporation to establish a wholly owned subsidiary in India by converting its existing five branches. SMBC currently holds close to 25% stake in Yes Bank, and the subsidiary structure could potentially enable acquisition of majority stake, though Yes Bank has denied such plans.
14Jan 26
RBI's Expected Credit Loss Framework Set to Reshape Banking Industry Risk Management
The Reserve Bank of India's new Expected Credit Loss framework, effective April 2027, introduces a three-stage asset classification system requiring forward-looking provisioning instead of the current incurred-loss model. Banks will need to hold 12-month ECL provisions for Stage 1 assets and lifetime provisions for Stage 2 and 3 assets, with additional requirements for undrawn loan commitments. The framework provides a five-year transition period until March 2031 and establishes prudential floors with preferential treatment for MSME lending at 0.25% minimum provisioning.
14Jan 26
RBI Proposes New Eligibility Norms for Urban Cooperative Bank Licences After Two-Decade Pause
The RBI has proposed new eligibility norms for urban cooperative banking licences through a discussion paper, requiring minimum capital of ₹300.00 crore, capital adequacy ratio above 12.00%, and net NPLs below 3.00%. The initiative aims to address sector challenges including weak governance and capital structures after a two-decade licensing pause. Currently, 1,457 UCBs operate with 82 under supervisory restrictions, highlighting the need for stronger prudential standards.
14Jan 26
RBI's $10-billion forex swap attracts $29.9 billion in bids amid rupee pressure
The Reserve Bank of India's $10-billion, 3-year dollar-rupee swap attracted overwhelming demand with bids totaling $29.9 billion on Tuesday. The cutoff premium reached 728 paise, up 127 paise from February 2025's auction at 655 paise, reflecting increased dollar acquisition costs and mounting rupee pressure compared to last year's 85-86 trading range.
14Jan 26
RBI Expected to Keep Interest Rates Unchanged as Inflation Concerns Mount
The Reserve Bank of India is expected to maintain its repo rate at 5.25% during the February 4-6 monetary policy meeting as inflation shows upward momentum. December consumer inflation reached 1.33%, pushing Q3 inflation to 0.8%, exceeding RBI's forecast of 0.6%. Having already cut rates by 125 basis points since February 2025, economists anticipate the central bank will focus on liquidity management through open market operations rather than further rate reductions, with projections of ₹2.00 lakh crore in OMOs for the remainder of FY26.
13Jan 26
RBI Deputy Governor Highlights Potential for UPI User Base to Reach 1 Billion in India
RBI Deputy Governor T Rabi Sankar announced UPI's potential expansion from 400 million to 1 billion users, emphasizing growth opportunities in India's digital payment sector. Digital payment transaction values surged from ₹2,071.00 crore in FY 2017-18 to ₹22,831.00 crore in FY 2024-25, achieving a 41% CAGR. UPI processes 81% of India's retail payment transactions and has expanded globally with operational links to Singapore and acceptance in eight countries including France and UAE.
13Jan 26
RBI Governor Malhotra On Inflation Targeting, Rupee Policy And Economic Outlook: Key Highlights
RBI Governor Sanjay Malhotra outlined India's monetary policy approach emphasizing central bank independence and domestic-focused decision making. India achieved 8.00% growth in the first half with projections of 7.40% for the current year, supported by strong domestic demand. The central bank delivered 125 basis points of rate cuts with 79.00% transmission efficiency to lending rates. Foreign investment of ₹1,275.00 billion flowed into financial entities in 2025, reflecting long-term confidence in the sector.
13Jan 26
RBI Governor Emphasizes Central Bank Independence Amid US Federal Reserve Turmoil
RBI Governor Sanjay Malhotra has stressed the importance of central bank independence during an exclusive NDTV Profit interview, amid a criminal investigation against US Federal Reserve Chair Jerome Powell. The probe focuses on alleged irregularities in Fed headquarters renovation costs, marking the first time a sitting Fed Chair faces potential criminal indictment. Malhotra emphasized the global need to preserve monetary authority separation from government influence.
13Jan 26
RBI Governor Sanjay Malhotra Makes Consumer Satisfaction Central to Banking Success
RBI Governor Sanjay Malhotra has established consumer satisfaction as the central bank's primary success metric, implementing comprehensive reforms including targeted campaigns for financial inclusion, simplified processes for legal heirs, and complete digitization of 200 services. The RBI now processes 25,000 monthly applications with over 99.50% on-time delivery while focusing on grievance resolution and unclaimed deposit recovery through coordinated efforts with banks and regulators.
13Jan 26
RBI Governor Outlines Three Key Drivers Behind India's Sustained Low Inflation
RBI Governor Sanjay Malhotra has identified three key factors behind India's four-month streak of inflation below the 2-6% target range: softer food prices due to high base effects, the flexible inflation targeting regime, and effective supply-side actions. With December 2025 inflation at 1.33% and food prices declining 2.71% year-on-year, the central bank projects a gradual rise to 2.9% in Q4FY26 and 3.9-4% in early FY27.
13Jan 26
RBI Purchases Over ₹5 Lakh Crore Government Securities to Manage Lending Rates
The Reserve Bank of India has purchased government securities worth over ₹5 lakh crore through open market operations since April 2025 to ensure adequate liquidity in the financial system and control lending rates. These substantial monetary policy interventions demonstrate the central bank's proactive approach to managing market conditions and supporting the broader economic framework through strategic bond buying programs.
13Jan 26
India's Goldilocks Economy Benefits from Monetary-Fiscal Policy Harmony
India maintains its Goldilocks economy with inflation below RBI's 2-6% target range despite recent increases attributed to base effect normalization. The country benefits from harmonious monetary-fiscal policy coordination, contrasting with US institutional tensions where Fed-White House conflicts and criminal probe disclosures threaten central bank autonomy. India's 2016 RBI authority expansion has successfully maintained price stability, demonstrating the value of independent central banking with proper institutional support.
13Jan 26
Banks Remain Open on January 13 Despite Lohri Celebrations Across Northern India
All banks across India remain open on January 13, 2026, during Lohri celebrations. The RBI holiday calendar does not designate Lohri as a bank holiday, ensuring normal banking operations continue. While the festival is celebrated in northern India, it does not impact banking services nationwide, with all branches maintaining regular hours.
13Jan 26
RBI Injects ₹50,000 Crore Through Open Market Operations Amid Strong Participant Demand
RBI conducted OMO on Monday injecting ₹50,000 crore with participants bidding ₹1.22 lakh crore, showing 2.44x oversubscription. The 6.64% GS 2035 paper received maximum bids as banks look to book profits from HTM portfolios. Another ₹50,000 crore OMO is scheduled for January 22, along with a $10 billion dollar-rupee swap on Tuesday to maintain liquidity surplus and stabilize funding rates.
12Jan 26
RBI Introduces New FEMA Rules Barring Resident Indians From Issuing Credit Guarantees to NRIs
The Reserve Bank of India has implemented new Foreign Exchange Management (Guarantees) Regulations, 2026, prohibiting resident Indians from issuing credit guarantees to non-resident Indians. The expanded regulations now include counter-guarantees and liability portfolios, with specific exemptions for authorized dealer banks, foreign company agents, and certain international financial arrangements. Residents can still act as guarantors when transactions comply with existing FEMA rules and borrowing-lending regulations.
12Jan 26
RBI Deputy Governor Calls for Shift from Periodic to Continuous Banking Supervision in Digital Era
RBI Deputy Governor Swaminathan J has called for banks to shift from periodic compliance checks to continuous supervision in the digital era. Speaking at the Third Annual Global Conference of the College of Supervisors, he emphasized that traditional balance sheet analysis is insufficient as banking stability now depends on operational resilience, data integrity, and third-party dependencies. The deputy governor outlined requirements for enhanced grievance management, ecosystem-wide supervision, and stronger operational discipline throughout the year rather than quarter-end compliance activities.
12Jan 26
RBI Deputy Governor Outlines Three Key Digital Banking Supervision Standards for Lenders
RBI Deputy Governor Swaminathan J. outlined three critical expectations for banks in the digital era at RBI's College of Supervisors conference in Mumbai. The framework emphasizes continuous compliance beyond quarter-end exercises, enhanced third-party risk management with clear accountability, and transparent AI governance focusing on model explainability and fairness. The deputy governor warned that digital-era supervision will be less forgiving of episodic compliance, outsourced accountability, and opaque algorithms as banking becomes more interconnected and fast-moving.
12Jan 26
Bond Market Strengthens on RBI Support and Reduced Supply as PFC Launches Major ₹50 Billion NCD Issue
Bond markets opened positively today, supported by RBI's ₹500 billion open market operation and reduced state government borrowing of ₹260.8 billion versus earlier indicated ₹361.9 billion. Power Finance Corporation launched India's largest retail bond issue in eight years, targeting ₹50 billion through NCDs with yields ranging from 6.8% to 7.3% across five to fifteen-year maturities. SEBI is examining bond derivatives trading while markets await today's CPI inflation data release.
12Jan 26
Bank Holidays This Week: Banks To Remain Shut For Five Days From Jan 12-17; Check State-Wise List
Banks across India will remain closed for five days from January 12-17 due to various regional festivals including Swami Vivekananda's birth anniversary, Makar Sankranti, Pongal, and other cultural celebrations affecting different states. Additional January holidays include Republic Day on January 26 and various regional observances on January 23. Digital banking services including ATMs, UPI, and online platforms will continue operating during branch closures.
12Jan 26
RBI Expected to Inject Additional Liquidity as Short-Term Rates Surge Amid Tight Market Conditions
The Reserve Bank of India is expected to inject additional liquidity in February-March as short-term borrowing costs surge despite ₹3.00 lakh crore already infused. Commercial paper rates jumped 382 basis points to 13.53% while certificate of deposit rates rose to 6.87%. System liquidity remains tight due to subdued government spending, forex intervention, and strong credit demand, with bank credit growing 14.50% against deposit growth of 12.70%, pushing the credit-deposit ratio to an all-time high of 81.00%.
10Jan 26
Banks Closed Today: January 10 Holiday Schedule and Upcoming Bank Holidays
Banks across India are closed on January 10, 2026, following RBI guidelines for second Saturday closures. The Reserve Bank of India mandates closures on second and fourth Saturdays while allowing operations on first and third Saturdays. January 2026 features extensive bank holidays including major festivals like Makar Sankranti, Republic Day, and various regional celebrations, while February will see closures for Guru Ravidas Jayanti and Maha Shivaratri.
09Jan 26
Central Bank of India Schedules Board Meeting for Q3 FY26 Results and Third Interim Dividend on January 16
Central Bank of India has scheduled its board meeting for January 16 to announce Q3 FY26 results for the October-December quarter. The meeting is expected to include the declaration of the bank's third interim dividend for financial year 2025-26, as part of the ongoing earnings season announcements.
09Jan 26
PwC Advises RBI Against Rate Cut in February MPC Meet, Calls It 'Wasting A Bullet'
PwC's Ranen Banerjee advises RBI against cutting rates in the February 4-6, 2026 MPC meeting, calling it 'wasting a bullet' amid robust growth and controlled inflation. He argues private capex depends on capacity utilization reaching 85% rather than interest rates, with current levels at 70-75%. The RBI had cut repo rates by 125 basis points in 2025 to 5.25% from 6.5%.
09Jan 26
RBI Governor Malhotra Urges Banks to Collaborate Against Rising Digital Frauds
RBI Governor Sanjay Malhotra has called for enhanced collaboration among banks and financial institutions to combat digital fraud, emphasizing collective efforts in building shared analytics systems. Digital payment fraud values dropped significantly to ₹520.00 crore in FY25 from ₹1,457.00 crore in FY24, with transaction numbers falling from 29,082 to 13,516. The central bank's AI-enabled MuleHunter.ai system detects approximately 20,000 suspicious accounts monthly, while the RBI plans to shift toward more technology-driven, real-time supervision using SupTech and AI tools.
09Jan 26
Central Bank of India Schedules Board Meeting to Consider Q3 Results on January 16
Central Bank of India has scheduled a board meeting for January 16, 2025, to consider and approve its third quarter financial results. The meeting represents a standard corporate governance practice where board members will review the bank's quarterly performance metrics and operational results.
09Jan 26
RBI Proposes Three-Year Cooling-Off Period for Urban Co-operative Bank Directors
The Reserve Bank of India is proposing amendments to co-operative banking guidelines that would introduce a mandatory three-year cooling-off period for urban co-operative bank directors after completing 10 years of continuous tenure. During this period, directors cannot associate with the UCB in any capacity except as members or customers, though they remain eligible for director positions at other banks.
08Jan 26
Indian Government Bonds Decline Ahead of ₹290 Billion Weekly Debt Sale
Indian government bonds declined Thursday with the 10-year yield rising to 6.63% from 6.61% as traders prepare for Friday's ₹290 billion debt auction featuring 15-year and 40-year bonds. Despite the RBI's aggressive ₹2 trillion bond purchase program since last month and plans for another ₹1 trillion through January 22, market appetite has weakened due to focus on less-traded securities and heavy state government supply. Overnight index swap rates rose across tenures, with traders awaiting Monday's inflation data and potential Bloomberg Aggregate Index inclusion announcement.
08Jan 26
Indian Government Bonds Stay Flat as Traders Await ₹290 Billion Debt Sale
Indian government bonds remained flat in thin trading as traders awaited Friday's ₹290 billion debt auction amid heavy supply concerns. Despite the RBI's record ₹4.7 trillion bond purchases this fiscal year, market sentiment stays subdued due to the massive supply pipeline, including states' record ₹5 trillion borrowing plan for Q4. Market participants are watching for potential Bloomberg Aggregate Index inclusion, which could bring $10-20 billion in inflows according to Goldman Sachs.
08Jan 26
RBI Cancels Registration of 35 NBFCs for Non-Compliance, Accepts Surrender from 16 Others
The Reserve Bank of India cancelled registrations of 35 NBFCs for regulatory non-compliance, effective December 9-31, 2025, under Section 45-IA(6) of the RBI Act. The majority of affected companies are Delhi-based, spanning investment, leasing, and finance sectors. Additionally, 16 NBFCs voluntarily surrendered their certificates for business exit, meeting unregistered CIC criteria, or corporate restructuring including mergers and dissolutions.
07Jan 26
Bank of India Announces Senior Management Reshuffle Effective January 7, 2026
Bank of India announced a senior management restructuring effective January 7, 2026, involving four executives receiving new portfolio assignments. The changes include transitions across retail banking, corporate credit, treasury operations, recovery functions, and resource mobilization, reflecting strategic realignment of leadership responsibilities across key business divisions.
07Jan 26
Delhi HC seeks RBI response on alleged borrowers' data rights violations by NBFCs
Delhi High Court has directed RBI to file a counter affidavit within six weeks regarding alleged data protection violations by NBFCs in digital lending. The court examined RBI's Digital Lending Directions, 2025, and requires disclosure of enforcement actions taken against violating entities. The case highlights broader concerns about data privacy and regulatory oversight in India's expanding digital lending sector.
07Jan 26
Bank of India Mutual Fund Launches Banking & Financial Services Equity Fund
Bank of India Mutual Fund launches Banking & Financial Services Fund, an open-ended equity scheme targeting banking and financial services companies. The NFO opens January 8-22, 2026, with minimum investment of ₹5,000.00 and 1% exit load within 60 days. Managed by Nilesh Jethani, the fund employs top-down and bottom-up stock selection across market caps, benchmarked against Nifty Financial Services TRI.
07Jan 26
Indian Government Bonds Decline as RBI Selects Illiquid Securities for Debt Purchase
Indian government bonds declined on Wednesday as the RBI selected illiquid securities for its ₹50,000 crore debt purchase, marking the second consecutive week of avoiding liquid papers. The benchmark 10-year yield rose to 6.6261% from 6.6137%, with traders expressing concerns about rally sustainability amid upcoming government borrowing of over ₹8 lakh crores in the current quarter.
07Jan 26
Major NBFCs Urge RBI to Allow Retail Deposit Mobilisation for Level Playing Field
Leading NBFCs have approached the RBI seeking permission to raise retail deposits, arguing for competitive parity with banks and improved policy transmission. The request was made during a Monday meeting with Governor Sanjay Malhotra. Currently, only legacy licence holders like Bajaj Finance, Shriram Finance, and Mahindra Finance can accept retail deposits under strict limits. The RBI remains cautious due to deposit insurance differences, with bank deposits insured up to ₹5.00 lakh unlike NBFC deposits.
06Jan 26
Banks' Supervisory Data Quality Index Score Improves to 90.7 in September Quarter
The RBI reported that scheduled commercial banks' Supervisory Data Quality Index improved to 90.7 in September 2025 from 89.9 in the previous quarter. The index measures data quality across accuracy, timeliness, completeness, and consistency parameters. No bank scored below 80 in September 2025, with the assessment covering 87 banks and their key supervisory returns on asset quality, risk supervision, liquidity, and capital adequacy.
06Jan 26
RBI Proposes Graded Dividend Payout Structure with 75% Cap for Banks
The Reserve Bank of India has proposed comprehensive changes to dividend payout norms for banks, raising the cap from 40% to 75% of net profit. The new graded structure links dividend payouts to CET1 capital ratios, allowing stronger banks with above 20% CET1 to pay up to 100% of adjusted profit while maintaining the 75% overall limit.
06Jan 26
India's Banking Loan-to-Deposit Ratio Hits Record 81.6%, Signaling Liquidity Warning
India's banking system loan-to-deposit ratio has reached a record 81.6% as of December, driven by robust 12% credit growth in auto loans, retail lending, and MSME financing, while deposit growth has slowed to single digits as households shift to higher-return investments. This represents a structural change from 75.8% in June 2023, with individual banks like HDFC Bank reaching 99.50% LDR in Q3FY26, causing investor concerns despite strong business performance. While sustained levels above 80% pose liquidity challenges that can impact margins and policy transmission, banks maintain excess SLR buffers and stable asset quality, indicating the situation requires monitoring rather than immediate alarm.
06Jan 26
RBI Injects ₹50,000 Crore Through OMO, Rejects All Bids for 2040 Bond Paper
RBI completed its fourth OMO since December 2025 policy, injecting ₹50,000 crore while rejecting all bids for 8.30% 2040 bonds due to above-market pricing. Total bids reached ₹1.32 lakh crore, with 7.40% 2035 paper seeing highest demand at ₹18,897 crore. Two more ₹50,000 crore OMOs scheduled for January 12 and 22, plus $10 billion USD/INR swap auction on January 13.
06Jan 26
RBI Introduces Comprehensive Credit Risk Management Rules for Commercial Banks
The Reserve Bank of India has introduced comprehensive credit risk management rules for commercial banks, effective April 1, 2026, prohibiting loans to promoters and large shareholders while mandating stronger governance frameworks. The regulations establish loan approval thresholds of ₹25 crore for large banks, ₹10 crore for mid-sized banks, and ₹5 crore for smaller banks, with quarterly compliance reviews and annual disclosures required. Existing non-compliant transactions can continue until maturity but cannot be renewed unless meeting new requirements, with enforcement actions including penalties and business restrictions for violations.
05Jan 26
RBI Governor Urges NBFCs, HFCs to Strengthen Underwriting Standards
RBI Governor Sanjay Malhotra conducted a meeting with NBFC and HFC leadership in Mumbai, urging them to strengthen underwriting standards and maintain customer-centric practices for sustainable sector growth. The meeting included participants representing 53% of NBFC sector assets and marked the first such interaction since February.
05Jan 26
RBI to Take Over Delhi Government's Banking Operations and Public Debt Management from January 2026
The Reserve Bank of India will take over Delhi government's general banking operations and public debt management from January 9, 2026, following an agreement under Section 21A of the RBI Act, 1934. The arrangement covers all general banking business and rupee public debt management for the Government of National Capital Territory of Delhi.
05Jan 26
India Expected To Keep 4% Inflation Goal For Its Central Bank - Bloomberg
India is likely to retain the Reserve Bank of India's current 4% inflation target when the mandate comes up for renewal in March, according to finance ministry officials. The government views the existing framework as effective in managing price pressures and maintaining economic stability since its implementation in 2016.
05Jan 26
Falling Bank Provisions Hit 7-Quarter Low, Set to Boost RoA in December Quarter
Indian banking sector shows strong recovery with NPA provisions dropping 15.3% to ₹21,297 crore in September quarter, marking seven-quarter low. PSU banks led improvement with 42% decline while system-wide NPAs remain at decade-low 2.1%. Analysts expect continued asset quality improvement and enhanced RoA prospects for December quarter.
02Jan 26
Saturday Bank Holiday: Are Banks Open Or Closed On January 3, 2026?
Banks in Uttar Pradesh will close on January 3, 2026, for Hazrat Ali's birth anniversary, while banks elsewhere remain open as it's the first Saturday. RBI guidelines mandate closures on second and fourth Saturdays (January 10 and 24). Digital banking services including ATMs, UPI, and internet banking continue operating during all branch closures, ensuring uninterrupted customer service.
02Jan 26
Bank Credit to Industry Accelerates to 9.6% Growth in November 2025: RBI Data
Bank credit to industry accelerated to 9.6% growth in November 2025 from 8.3% last year, with non-food credit expanding 11.4% year-on-year. Micro, small and medium industries maintained double-digit growth, while infrastructure, engineering, textiles and petroleum sectors showed strong performance. Services sector grew 11.7%, agriculture credit expanded 8.7%, and personal loans recorded 12.8% growth, indicating broad-based credit demand across the economy.
02Jan 26
RBI Revises Risk-Weight Framework for NBFC Infrastructure Loans from April 2026
The RBI has revised the risk-weighting framework for NBFC infrastructure loans, effective April 1, 2026, introducing lower risk weights of 50-75% for high-quality projects meeting specific repayment and operational criteria. Projects must complete one year of operations without covenant breaches and maintain 'standard' classification, with comprehensive contractual safeguards required for preferential treatment.
01Jan 26
RBI Reports 98.41% of Withdrawn ₹2000 Banknotes Successfully Returned
The Reserve Bank of India reported that 98.41% of ₹2000 banknotes have been returned since withdrawal announcement on May 19, 2023. Circulation has declined from ₹3.56 lakh crore to ₹5,669 crore as of December 31, 2025. The RBI continues to facilitate returns through bank branches, 19 Issue Offices, and India Post services while maintaining the legal tender status of remaining notes.
01Jan 26
India's household borrowing at 41.3% of GDP manageable, but reckless lending poses risks: Experts
India's household debt reached 41.3% of GDP by end-March 2025, up from a five-year average of 38%, according to RBI's Financial Stability Report. Experts including former SBI Chairman Dinesh Khara and Bank of Baroda's Madan Sabnavis view this as manageable but warn against reckless lending. Consumption loans now comprise 46% of household borrowing, while unsecured loans account for 53% of retail slippages despite regulatory tightening.
31Dec 25
Malhotra Asks RBI Staff to Focus on Customer Centricity, Regulatory Calibration
Governor Sanjay Malhotra reviewed RBI's 2025 performance highlighting regulatory framework overhaul, accommodative monetary policy with four rate cuts, and improved customer service delivery. He set 2026 priorities emphasizing regulatory calibration, supervision enhancement, and customer centricity amid evolving economic landscape.
31Dec 25
Bank Holidays January 2026: 16 Days Closure Including Regional Festivals
The Reserve Bank of India has released the January 2026 bank holiday calendar showing 16 total closure days, comprising 10 scheduled holidays for regional festivals like New Year, Makar Sankranti, and Republic Day, plus 6 weekend closures. While physical branches remain shut, digital banking services including UPI, net banking, and ATM transactions continue operating throughout all holiday periods.
31Dec 25
RBI Warns Stablecoins Pose Risks To India's Monetary Sovereignty, Financial Stability
The Reserve Bank of India has issued strong warnings about stablecoin risks to monetary sovereignty and financial stability in its bi-annual report. The central bank highlighted fundamental shortcomings in stablecoins' singleness, elasticity, and integrity while advocating for CBDCs as safer alternatives. RBI emphasized concerns about capital flow management circumvention and potential exploitation for financial crimes without adequate regulation.
31Dec 25
Indian Financial System Remains Resilient Despite Global Uncertainty: RBI
The Reserve Bank of India's December 2025 Financial Stability Report confirms the resilience of India's financial system amid global uncertainties and market volatility. The report highlights strong performance across scheduled commercial banks, NBFCs, and insurance companies, with robust capital buffers and improved asset quality. While acknowledging global risks including elevated public debt and potential market corrections, the RBI emphasized India's healthy economic growth supported by strong domestic demand and prudent policies.
30Dec 25
RBI to conduct ₹50,000 crore OMO purchase on January 5 to inject liquidity
The Reserve Bank of India will conduct a ₹50,000 crore Open Market Operations purchase on January 5, 2026, covering seven government securities ranging from 2029 to 2054 maturities. Following a successful December 29 OMO that saw varied participation across securities, this auction continues RBI's systematic liquidity injection plan. The initiative is part of a broader ₹2 lakh crore programme spanning four tranches between December 29 and January 22, designed to inject durable liquidity into the banking system.
30Dec 25
India Inflation Likely To Remain Low In 2026, New CPI Series On Anvil
India is set to introduce a new Consumer Price Index methodology in February 2026 with 2024 as the base year, following a period of exceptionally low inflation. Food inflation has turned negative at -3.91% in November, while overall CPI inflation has remained below 2% since June 2025. The RBI has cut repo rates by 125 basis points since February 2025, with economists projecting inflation to remain manageable in 2026 despite potential uptick due to base effects.
30Dec 25
Indian Government Bonds Trade Sideways Ahead of Major State Debt Issuance
Indian government bonds traded within a narrow range on Tuesday morning, with the benchmark 10-year yield at 6.5969% compared to Monday's close of 6.5912%. Market sentiment was constrained by an upcoming state debt sale of ₹35,450 crores, the largest in over three months, and ongoing liquidity deficit of ₹71,580 crores in the banking system. Despite RBI's record ₹7 lakh crores bond purchases in 2025 and planned support measures, traders remain cautious about heavy fourth-quarter debt supply expectations of approximately ₹8.1 lakh crores.
30Dec 25
RBI Highlights Banking Resilience While Warning of Emerging Risks in Annual Report
The RBI's annual Trend and Progress Report highlights the robust performance of India's financial sector. Banks show a capital adequacy ratio of 17.20%, well above the 11.50% requirement, with gross NPAs at a multi-decade low of 2.10%. NBFCs maintain a strong 24.90% capital adequacy. Despite positive indicators, the RBI warns of emerging risks including global uncertainties, cyber frauds, and climate-related challenges. The report emphasizes the need for vigilance in consumer protection, particularly against misselling of financial products. Future priorities include expanding digital infrastructure and developing ethical AI guidelines for financial services.
29Dec 25
RBI Issues New Rules to Prevent Financial Mis-selling
The Reserve Bank of India (RBI) has introduced new regulations for advertising and marketing by regulated entities to prevent mis-selling of financial products. The central bank is reviewing instructions on recovery agents and loan recovery processes. To combat digital fraud, RBI has launched initiatives like MuleHunter.ai and Digital Payments Intelligence Platform. Customer protection measures are being updated, considering new payment channels and evolving fraud patterns. While the total number of frauds decreased, the amount involved increased. Card/Internet frauds accounted for 66.8% of fraud cases, while advances-related frauds constituted 33.1% of the total fraud amount. Private sector banks reported 59.3% of fraud cases, while public sector banks accounted for 70.7% of the fraud amount.
29Dec 25
RBI Directs Microfinance Institutions to Monitor Stress Build-up Amid Industry Challenges
The Reserve Bank of India (RBI) has instructed microfinance institutions to monitor stress build-up closely due to borrower over-leverage and regional policy measures. The microfinance sector faced significant stress, with most lenders experiencing credit contraction, particularly in southern states. Despite challenges, self-help groups showed improved access to formal banking services. The RBI's 2022 regulatory framework revisions aim to support sustainable growth and financial inclusion in the sector.
29Dec 25
India Bonds Slip on RBI Short-Term Focus, State Debt
Indian government bond yields increased on Monday, with the 10-year yield settling at 6.59%, up from 6.56% on Friday. The rise follows the Reserve Bank of India's focus on shorter-tenor securities in its recent open market purchase operations, where it bought ₹50,000 crores worth of bonds. The market is also preparing for a heavy state debt supply of ₹35,450 crores scheduled for Tuesday. Analysts project a record high total debt supply of ₹8.10 lakh crores for the January-March quarter, about 25% above the current quarter's issuance.
29Dec 25
Banks Seek Extension Of Loan Relief Scheme For Exporters Beyond December Deadline
Commercial banks have approached RBI for extending trade relief measures beyond December 31, allowing exporters loan moratoriums and restructuring options. Banks cite ongoing challenges from supply chain disruptions, tariff uncertainties, and weak global demand, with sectors like marine products facing high US exposure stress. While current uptake remains modest, bankers expect increased demand next quarter as trade impacts become clearer.
26Dec 25
Indian Government Bonds Decline as Weak Debt Auction Demand Triggers Market Selloff
Indian government bonds declined on Friday following weak demand at a ₹32,000 crore debt auction that triggered secondary market selling and raised concerns about rally sustainability. The benchmark 10-year yield rose to 6.5637% from 6.5398%, with higher-than-expected cutoff yields exposing underlying demand weakness. Despite RBI's ₹2.90 trillion liquidity infusion plan and record ₹6.50 trillion bond purchases in 2025, market sentiment remains fragile without structurally favorable demand-supply dynamics.
26Dec 25
India Bonds Pause Rally Ahead of Final 2025 Debt Auction Worth ₹32,000 Crore
Indian government bonds showed minimal movement with 10-year yield reaching 6.5539% as market participants adopt cautious stance ahead of final 2025 debt auction worth ₹32,000 crore. The pause follows RBI's record ₹2.90 lakh crore liquidity infusion announcement, with traders awaiting auction demand patterns to determine sustainability of recent rally.
24Dec 25
RBI Postpones Phase 2 Of Faster Cheque Clearance System To Give Banks More Time
The Reserve Bank of India has postponed the implementation of Phase 2 of its Continuous Clearing and Settlement system, originally scheduled for January 3, due to teething issues experienced by banks during Phase 1. The second phase would have required banks to approve or reject cheques within three hours, but will now be delayed indefinitely while Phase 1 continues with revised operational timings.
24Dec 25
RBI Proposes Transparency Rules for Forex Transactions, Mandating Upfront Disclosure of All Costs
The Reserve Bank of India (RBI) has released draft rules requiring banks and authorized dealers to disclose all costs upfront in foreign exchange transactions. The proposed regulations aim to address hidden charges in cross-border payments for education fees, travel expenses, and overseas investments. The draft circular mandates clear disclosure of remittance fees, exchange rates, and currency conversion charges before customers commit to any deal. These rules apply to cash, tom, and spot transactions, building on previous regulatory measures to strengthen disclosure norms in the forex market. The new framework specifically targets improvements for retail users, enabling them to assess total transaction costs accurately and make informed decisions.
24Dec 25
Government Bonds Rally on RBI's ₹2.90 Trillion Liquidity Boost
Indian government bonds experienced their strongest rally in seven months following RBI's announcement of ₹2.90 trillion liquidity injection. The 10-year yield closed at 6.54% with over 9 basis points drop, marking the biggest single-session decline since May. The comprehensive intervention includes ₹2 trillion bond purchases through open market operations and $10 billion dollar-rupee swap to address supply concerns and maintain optimal banking system liquidity through the financial year-end.
24Dec 25
Union Bank of India Stock Sees USD 12 Million Addition in BSE Bankex Rejig
The BSE Bankex is set to undergo a rejig today at 3pm, with Bank of India receiving a significant $12 million addition. This adjustment in the banking sector index is expected to impact Bank of India's market positioning and potentially influence its trading dynamics.
23Dec 25
RBI Schedules ₹500 Billion Government Securities Purchase on December 29
The Reserve Bank of India has scheduled the first installment of its ₹2 trillion government securities purchase program for December 29, involving ₹500 billion worth of G-Sec purchases. This forms part of a comprehensive monetary policy intervention that includes a $10 billion USD/INR swap auction, designed to manage liquidity conditions and foreign exchange market dynamics through a structured four-phase implementation approach.
22Dec 25
Bank of India Sets January 13, 2026 Record Date for Call Option Exercise on Additional Tier 1 Bonds
Bank of India has announced plans to exercise the call option on its 9.04% Additional Tier 1 Bonds Series VI (ISIN: INE084A08136) on January 28, 2026. The record date is set for January 13, 2026. Bondholders will receive both the broken period interest and the principal amount on the call date. This action will fully extinguish the bank's liability towards these bondholders.
19Dec 25
Bank of India Gets CRISIL AA/Stable Rating Reaffirmation
CRISIL Ratings has reaffirmed its AA/Stable rating for Bank of India's existing Basel-III compliant bonds and assigned the same rating to new ₹10,000 crore infrastructure bonds. The rating action reflects the bank's improving financial position and continued government support. Bank of India's gross advances grew by 14.00% year-on-year to ₹7.10 lakh crore, while total business increased by 11.80% to ₹15.60 lakh crore. The bank's asset quality has improved, with gross non-performing assets decreasing to 2.50% from 3.30% in March.
17Dec 25
Bank of India Conducts Investor Meeting with Millennium Partners
Bank of India held a one-to-one physical meeting with Millennium Partners on December 17, 2025, sharing only publicly available information. The bank confirmed no unpublished price-sensitive information was disclosed during the investor meeting, maintaining compliance with SEBI listing obligations and disclosure requirements.
11Dec 25
Punjab National Bank Reappoints Five Statutory Central Auditors for FY2025-26
Punjab National Bank has announced the RBI-approved reappointment of five audit firms as Statutory Central Auditors for FY2025-26, including Ummed Jain & Co (Mumbai), N.K Bhargava & Co (Delhi), PSD Associates (Jaipur), Prem Gupta & Co (Delhi), and P.A Associates (Odisha). The firms, established between 1977-1988 with 14-22 partners each, will continue their roles with tenure periods ranging from 2nd to 3rd year.
10Dec 25
Central Bank Of India Partners With Bandhan AMC To Offer Mutual Fund Services
Central Bank of India has formed a strategic partnership with Bandhan Asset Management Company to provide mutual fund services to its customers. This collaboration expands the bank's financial product portfolio and enhances its wealth management capabilities. The partnership enables customers to access professional fund management services and diversified investment opportunities through Bandhan AMC's expertise.
05Dec 25
Bank of India Cuts Repo-Based Lending Rate to 8.10% Following RBI's Rate Reduction
Bank of India (BOI) has reduced its repo-based lending rate to 8.10%, effective December 5, 2025. This reduction aligns with the Reserve Bank of India's recent 25 basis points cut in the repo rate. The move is expected to benefit BOI customers with repo-linked loans, potentially resulting in lower EMIs or reduced loan tenures. This action could prompt similar rate cuts across the banking sector, impacting the overall cost of borrowing.
25Nov 25
Bank of India Elevates IT Chief to Senior Leadership Role
Bank of India has promoted Satyendra Singh from General Manager of Information Technology and CTO to Chief General Manager, effective November 25, 2025. This move elevates a key technology executive to a broader management role, potentially signaling the bank's increased focus on technological advancement and digital transformation in its operations and strategy.
25Nov 25
Bank of India Appoints Pramod Kumar Dwibedi as Executive Director
Bank of India has appointed Shri Pramod Kumar Dwibedi as Executive Director, effective November 24, 2025. Dwibedi, previously Chief General Manager at BOI, brings over 30 years of banking experience to the role. His tenure will last until June 30, 2028, or until further orders. Dwibedi holds postgraduate degrees in Economics and MBA (Finance), along with certifications in IT, Cyber Security, and Risk Management. The appointment comes as BOI reports strong financial growth, with total assets reaching Rs 1,056,425.00 crore, marking a 14.30% year-on-year increase.
Industry Peers
State Bank of India
Bank of Baroda
Punjab National Bank
Union Bank of India
Canara Bank
Indian BankBank of India
Indian Overseas Bank
Bank of Maharashtra
UCO Bank
1,068.20
(+0.38%)
290.85
(+1.91%)
123.65
(-0.17%)
176.11
(+0.97%)
147.50
(+0.11%)
879.25
(+1.05%)
160.93
(+1.85%)
35.13
(+1.30%)
65.32
(+2.48%)
28.74
(+0.98%)
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