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Bank of India
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More news about Bank of India
02Jun 26
Bank of India promotes Vikash Krishna to Chief General Manager
Bank of India has promoted Shri Vikash Krishna from General Manager to Chief General Manager effective June 01, 2026. The bank disclosed this change to the stock exchanges in compliance with Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015.
28May 26
Bank of India fixes May 29 record date for FY26 dividend
Bank of India has fixed May 29, 2026 as the record date for a ₹4.65 per share dividend for FY26, pending AGM approval. The bank will deduct TDS based on shareholder records, requiring document submission by June 8, 2026.
28May 26
Bank of India meets investors at Trinity 2026 conference
Bank of India representatives met with SBI Mutual Fund and ICICI Pru Life at the 360 ONE Capital (B&K) 16th Annual Investor Conference on May 27, 2026. The meetings were one-to-one physical interactions managed by B&K Securities India Pvt. Ltd. The bank relied on publicly available documents and confirmed no unpublished price sensitive information was shared.
26May 26
Bank of India holds meeting with Ishana Capital
Bank of India held a one-to-one physical meeting with M/s. Ishana Capital on May 25, 2026. The bank disclosed that only public domain information was shared, and no unpublished price sensitive information was discussed. The meeting was conducted under Regulation 30 of the SEBI (LODR) Regulations, 2015.
23May 26
Bank of India Files BRSR for FY26
Bank of India has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, reporting a paid-up capital of Rs. 4553.41 crore and a workforce of 51,010 permanent employees. The bank has installed 630 kW of rooftop solar systems and mobilized green finance exceeding Rs. 14,000 crore, with a target of Rs. 50,000 crore by FY2031.
23May 26
Bank of India FY26 report notes board composition deviations
Bank of India submitted its Annual Secretarial Compliance Report for FY26, confirming broad compliance with SEBI regulations while noting deviations in Board composition and Audit Committee structure. The bank clarified that the non-compliance stems from government appointment protocols and RBI guidelines restricting certain directors from serving on the Audit Committee. It has initiated processes to address the Compliance Officer's level and is engaging with the Department of Financial Services to fill Board vacancies.
22May 26
Bank of India attends Centrum Broking virtual investor meet
Bank of India disclosed that its representatives attended the "Nakshatra III – Shining Stars Amid Global Turbulence" virtual conference organized by Centrum Broking on 21 May 2026. The interaction was based on publicly available documents, and no unpublished price sensitive information was shared. The list of attending investors included Canara Robeco AMC, IDBI, and Ambit.
13May 26
Bank of India Infuses Rs.22.64 Crores in ASREC (India) Ltd, Equity Stake Rises to 27.30%
Bank of India infused Rs.22.64 Crores in its associate ASREC (India) Limited, increasing its equity stake from 26.02% to 27.30%. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, and communicated to NSE and BSE on 12/05/2026, with the filing digitally signed by Company Secretary Usha Ramsinghani.
09May 26
Bank of India FY26: Slippage Ratio Falls 53 bps YoY; Net Profit Up 14.85% in Q4
Bank of India's audited FY26 results (approved under Regulation 33 on May 8, 2026) show net profit rising 14.19% YoY to ₹10,527 Cr and Q4 net profit up 14.85% YoY to ₹3,016 Cr, with the slippage ratio falling 53 bps YoY to 0.83% and GNPA improving to 1.98%. Global business mix grew 14.57% YoY to Rs. 16,98,662 Cr, CRAR stood at 18.01%, and a dividend of Rs. 4.65 per share was recommended for FY2025-26 with AGM scheduled for June 15, 2026.
09May 26
Bank of India Schedules 30th Annual General Meeting on June 15, 2026; Record Date for Dividend Set at May 29, 2026
Bank of India has scheduled its 30th Annual General Meeting for June 15, 2026, at 11:00 AM via Video Conferencing or Other Audio-Visual Means, in compliance with MCA and SEBI circulars. The record date for dividend eligibility on equity shares has been set as May 29, 2026, with dividend payment contingent on shareholder approval at the AGM. The AGM Notice and Annual Report will be dispatched to shareholders whose email IDs are available as on May 22, 2026, with shareholders advised to register their email IDs with the Bank's RTA if not already done.
09May 26
Bank of India Q4 FY26 Earnings Call Concludes; Audio Recording Now Available
Bank of India successfully concluded its Q4 FY2025-26 hybrid earnings conference call on May 8, 2026, running from 7:00 PM to 8:25 PM at Hotel Sofitel, BKC, Mumbai. The call, attended by top management including MD & CEO Shri Rajneesh Karnatak and four Executive Directors, was held to discuss the bank's Q4 FY2025-26 financial results with analysts and investors. The audio recording has been uploaded to the bank's official website in compliance with SEBI (LODR) Regulations, 2015, under reference number HO:IRC:SVM:2026-27:46.
06May 26
Bank of India Appoints Nabin Kumar Dash as CVO on Additional Charge Basis
Bank of India has appointed Shri Nabin Kumar Dash, currently serving as CVO of Canara Bank, as CVO of Bank of India on an additional charge basis effective May 1, 2026, following the superannuation of Shri Vishnu Kumar Gupta. The arrangement will remain in place for up to three months or until a full-time CVO is appointed, whichever is earlier, as disclosed under SEBI Regulation 30.
05May 26
Bank of India Notifies Shareholders of Share Transfer to Investor Education and Protection Fund (IEPF)
Bank of India issued a formal public notice on 04 May 2026 regarding the transfer of shares with dividends unclaimed for seven or more consecutive years up to FY 2014-15 to the Investor Education and Protection Fund (IEPF) under Section 124(6) of the Companies Act, 2013. Prior individual communications and newspaper notices were sent on 08.12.2025, with a claim deadline of 07 March 2026. Shareholders are urged to dematerialise physical shares and update KYC details with the Bank's RTA, Bigshare Services Pvt. Ltd.
01May 26
Bank Of India Board Approves ₹7,500 Crore Basel-III Bond Fundraising For FY 2026-27
Bank Of India has received board approval for a ₹7,500 crore capital raising initiative through Basel-III compliant bonds during FY 2026-27. The fundraising is strategically divided into ₹2,500 crore Tier-I bonds and ₹5,000 crore Tier-II bonds to enhance capital adequacy. The board meeting was conducted on April 30, 2026, with formal regulatory notifications sent to stock exchanges under reference HO:IRC:SVM:2026-27:28.
30Apr 26
Bank of India Revises Fixed Rate Spread While Maintaining MCLR and RBLR Rates from May 1, 2026
Bank of India has announced selective rate adjustments effective May 1, 2026, maintaining MCLR rates from 7.70% to 8.90% across tenors while keeping RBLR unchanged. The bank revised its Fixed Rate Spread structure with differentiated pricing from 8.75% + CRP for 1-year loans to 10.00% + CRP for 5-year loans, demonstrating strategic positioning in lending segments.
24Apr 26
Bank of India Extends Term of Office of MD & CEO Rajneesh Karnatak for Three Years
Bank of India has announced the extension of Shri Rajneesh Karnatak's term as Managing Director & Chief Executive Officer for a period of three years. The extension, effective from the conclusion of his current term ending on 28.04.2026, has been granted by the Central Government under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The notification was issued on 23.04.2026, and the bank has informed the stock exchanges in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
09Apr 26
Bank of India Opens Special Window for Physical Share Transfer and Dematerialisation
Bank of India has opened a special one-year window from February 5, 2026 to February 4, 2027 for shareholders to re-lodge physical share transfer requests that were previously rejected or unprocessed. This facility, announced following SEBI circular dated January 30, 2026, applies to transfer deeds lodged before April 1, 2019. Shareholders can submit documents to Bigshare Services Pvt. Ltd, the bank's registrar and transfer agent. The bank has also urged shareholders to update KYC details and convert physical shares to demat form for better convenience and security.
08Apr 26
Bank of India Submits Share Capital Reconciliation Audit Report for Q4FY26
Bank of India filed its Q4FY26 share capital reconciliation audit report showing issued capital of 4,55,38,44,966 shares with 99.97% listed on BSE and NSE. The audit by Pradeep Purwar & Associates confirms full SEBI compliance, with majority shares held in dematerialized form and 11,77,100 forfeited shares remaining unlisted.
07Apr 26
Bank of India Announces Senior Management Reassignments in Technology Leadership
Bank of India has announced key senior management reassignments in its technology leadership, with Shri Satyendra Singh moving from Chief Technology Officer to Chief Information Officer role, and Shri Ashutosh Mishra transitioning from CFTO & Data Analytics to become the new Chief Technology Officer. The changes were communicated to stock exchanges on April 7, 2026, in compliance with SEBI (LODR) Regulations, 2015, reflecting the bank's strategic focus on strengthening its technology and information management capabilities.
06Apr 26
Bank of India Submits Centralized Database Information for Corporate Bonds to Stock Exchanges
Bank of India submitted centralized database information for 9 corporate bonds totaling ₹32,990 crores to NSE and BSE under SEBI Chapter XIV requirements on April 6, 2026. The bank successfully paid ₹1,996.02 crores in interest across Additional Tier I, Tier II, and Infrastructure bonds on April 2, 2026, maintaining strong credit ratings from AA to AAA with stable outlooks and confirming no defaults in debt servicing.
06Apr 26
Bank of India Submits Outstanding Debt Securities Information to Stock Exchanges
Bank of India submitted compliance report to NSE and BSE detailing 9 outstanding debt securities worth ₹32,990 crores. The securities have coupon rates ranging from 7.14% to 8.57% with yearly payment frequency. Maturity periods extend from 2031 to 2035, including one perpetual bond, with four securities featuring 'No call option' provisions.
04Apr 26
Bank of India Submits RTA Compliance Certificate for Quarter Ended March 31, 2026
Bank of India filed its RTA compliance certificate for Q4 FY26 with stock exchanges and depositories on April 4, 2026. The certificate from Bigshare Services Pvt. Ltd. confirms compliance with SEBI Regulation 74(5) regarding dematerialization processes. The submission demonstrates proper handling of securities and adherence to regulatory timelines for depository operations.
02Apr 26
Bank of India Reports 14.53% YoY Business Growth in Q4 FY26 Results
Bank of India announced strong provisional Q4 FY26 results with global business growing 14.53% YoY to ₹16,98,026 crore. Global deposits increased 13.58% to ₹9,27,460 crore while gross advances rose 15.69% to ₹7,70,566 crore. The domestic segment showed robust performance with deposits up 14.33% and advances growing 15.95%. RAM advances recorded the highest growth at 18.63%, reaching ₹3,82,796 crore.
02Apr 26
Bank of India Completes Annual Interest Payment on Tier I, Tier II and Infrastructure Bonds
Bank of India successfully completed annual interest payments totaling ₹1,796.17 crore on April 02, 2026, across its Basel III Compliant Additional Tier I, Tier II, and Infrastructure bonds. The payments covered nine different bonds with issue sizes ranging from ₹1,500 crore to ₹10,000 crore, with all payments made one day after the due date due to a bank holiday. The bank maintained its annual payment frequency across all categories with no reported delays or changes in payment schedules.
01Apr 26
Bank of India Files SEBI Compliance Declaration for FY26 Confirming No Promoter Encumbrance
Bank of India has filed its compliance declaration under SEBI SAST Regulations 31(4) and 31(5) for FY26, confirming that its promoter, the President of India, along with persons acting in concert, has not created any encumbrance during the financial year. The declaration was submitted to NSE and BSE on April 1, 2026, by Company Secretary Usha Ramsinghani.
31Mar 26
Bank of India Announces Lending Rate Changes: Base Rate Cut to 9.50%, MCLR Remains Unchanged
Bank of India announced selective lending rate changes effective April 1, 2026, keeping MCLR and RBLR unchanged while reducing Base Rate from 10% to 9.50% per annum until June 30, 2026. The bank also revised its Fixed Rate Spread structure across different tenors with updated CRP components. The 1 Year MCLR remains at 8.75% while overnight MCLR stays at 7.70%, providing rate stability for most borrowers.
30Mar 26
Bank of India Completes Full Redemption of ₹602 Crore Additional Tier I Bonds Series VII
Bank of India exercised its call option to fully redeem ₹602 crores worth of 9.30% Additional Tier I Bonds Series VII on March 30, 2026. The bank redeemed all 6,020 bonds and paid ₹55,67,92,268 as broken period interest to bondholders, completing the transaction under SEBI regulations with no outstanding amount remaining.
28Mar 26
Bank of India Discloses RBI Monetary Penalty of Rs. 58.50 Lakhs for PSL and TDR Violations
Bank of India disclosed an RBI monetary penalty of Rs. 58.50 lakhs for regulatory violations involving unauthorized charges in PSL accounts up to Rs. 25,000 and non-payment of applicable interest rates on TDRs from maturity to encashment dates. The penalty order was received on March 27, 2026, and disclosed under SEBI LODR regulations. The bank stated the penalty has no material impact on its financial operations.
25Mar 26
Bank of India Conducts One-to-One Meeting with B&K Securities Under SEBI Regulation 30
Bank of India disclosed a one-to-one physical meeting with B&K Securities on March 24, 2026, under SEBI Regulation 30. The bank confirmed that only public domain information was shared during the meeting, with no unpublished price sensitive information disclosed. The disclosure was made in compliance with SEBI (LODR) Regulations, 2015, maintaining transparency in investor relations.
25Mar 26
Bank of India Conducts Virtual Investor Meeting with Morgan Stanley Under SEBI Regulation 30
Bank of India conducted a virtual meeting with Morgan Stanley on March 24, 2026, as disclosed under SEBI Regulation 30. The bank shared only publicly available information during the interaction, with no unpublished price sensitive information disclosed. The meeting demonstrates the bank's commitment to transparent investor relations while maintaining strict regulatory compliance.
24Mar 26
Bank of India Holds One-to-One Physical Meeting with Millenium Partners Under Regulation 30
Bank of India disclosed a one-to-one physical meeting with Millenium Partners held on March 23, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015. The bank confirmed that only publicly available information was shared during the meeting, with no unpublished price sensitive information disclosed, ensuring full compliance with regulatory guidelines.
20Mar 26
Bank of India Conducts Virtual Investor Meeting with Ninety One Under SEBI Regulations
Bank of India conducted a virtual meeting with institutional investor Ninety One on March 20, 2026, in compliance with SEBI (LODR) Regulations, 2015. The bank shared only publicly available information during the interaction and confirmed that no unpublished price sensitive information was disclosed, maintaining regulatory compliance standards.
20Mar 26
Bank of India Conducts One-to-One Meeting with Dymon Asia Capital
Bank of India held a one-to-one physical meeting with Dymon Asia Capital on March 20, 2026, under SEBI regulatory compliance. The bank shared only publicly available information during the meeting and confirmed that no unpublished price sensitive information was disclosed to the investor.
12Mar 26
Bank of India Discloses RBI Monetary Penalty of Rs. 1.85 Lakh on Kanpur Currency Chest
Bank of India disclosed a monetary penalty of Rs. 1,85,300 imposed by RBI on its Kanpur Currency Chest for violations related to shortage, counterfeit and mutilated notes in soiled note remittance. The bank received the RBI direction on March 11, 2026, and stated that the penalty has no material impact on its financial operations. The disclosure was made in compliance with SEBI regulations regarding material events.
10Mar 26
Bank of India Completes Participation in Arihant Capital Bharat Connect Conference
Bank of India successfully participated in the Bharat Connect Conference organized by Arihant Capital on March 10, 2026, with significant attendance from institutional investors including asset managers, family offices, and advisory firms. The bank maintained regulatory compliance by referring only to publicly available documents during discussions.
26Feb 26
Bank of India Announces Record Date for Annual Interest Payment on Bonds Worth ₹32,990 Crore
Bank of India has set March 16, 2026 as the record date for annual interest payment on bonds worth ₹32,990 crore across nine series. The bonds include Tier I, Tier II, and Long Term Bond Infrastructure series with coupon rates ranging from 7.14% to 8.57%. Interest payment is due April 1, 2026, but will be paid April 2, 2026 due to bank holiday.
25Feb 26
Bank Of India Receives Fitch Rating Affirmation At 'BBB-'; Viability Rating Upgraded To 'BB'
Bank of India secured positive rating action from Fitch Ratings with long-term IDR affirmed at 'BBB-' and viability rating upgraded to 'BB'. The upgrade reflects significant improvements in financial metrics including impaired loan ratio declining to 2.30%, credit costs falling to 0.40%, and CET1 ratio strengthening to 15.30%, supported by enhanced risk profile and government backing.
06Feb 26
RBI Governor Proposes Lifting 2.5 Trillion INR Limit On Voluntary Retention Route
The RBI Governor has proposed eliminating the current 2.5 trillion INR limit on the Voluntary Retention Route, representing a significant policy consideration for foreign investment frameworks. This proposal would remove existing quantitative restrictions on the VRR mechanism, potentially impacting foreign investor participation in Indian markets. The development reflects ongoing regulatory discussions regarding optimal foreign investment management approaches within India's central banking system.
06Feb 26
RBI Governor Proposes Increasing Unsecured Loans For MSMEs To ₹2 Million
The RBI Governor has proposed raising unsecured loan limits for MSMEs to ₹2 million, aimed at improving credit access for small businesses. This initiative would enable enterprises to secure larger amounts without collateral requirements, supporting business growth and operational flexibility in the MSME sector.
06Feb 26
RBI Governor Forecasts Consumer Price Index at 4.00% for Q1 and 4.20% for Q2
RBI Governor announces Consumer Price Index forecasts of 4.00% for Q1 and 4.20% for Q2. These projections provide important guidance for monetary policy expectations and economic planning. The forecasted CPI levels indicate the central bank's assessment of inflationary pressures in the Indian economy over the near term.
06Feb 26
RBI Governor Forecasts CPI Inflation to Reach 4% in First Quarter of FY27
The RBI Governor has forecasted that Consumer Price Index inflation will reach 4.00% in the first quarter of fiscal year 2027. This projection provides important forward guidance on India's inflation trajectory and represents the central bank's medium-term outlook for achieving price stability targets.
06Feb 26
RBI Governor Projects CPI Inflation To Be 3.2% In Q4 FY26
The Reserve Bank of India Governor has projected Consumer Price Index inflation at 3.2% for the fourth quarter of fiscal year 2026. This inflation forecast serves as a key monetary policy indicator and reflects the central bank's assessment of price stability trends in the Indian economy. The projection will influence future policy decisions and provides guidance on the RBI's medium-term inflation expectations.
06Feb 26
RBI Governor Revises FY26 CPI Inflation Forecast to 2.1% from Previous 2.0% Estimate
The Reserve Bank of India Governor has revised the Consumer Price Index inflation projection for FY26 to 2.1%, up from the previous estimate of 2.0%. This upward revision of 0.1 percentage point reflects the central bank's updated assessment of inflationary pressures in the economy. The revised forecast remains within the RBI's target range for price stability and will influence future monetary policy decisions.
06Feb 26
RBI Governor Announces Revised GDP Growth Estimates of 6.9% for Q1 and 7% for Q2
The Reserve Bank of India Governor has announced revised GDP growth estimates of 6.9% for Q1 and 7% for Q2. These updated figures reflect the central bank's reassessment of India's economic performance and indicate positive growth momentum with Q2 showing stronger performance than Q1.
06Feb 26
RBI Governor Sets Marginal Standing Facility Rate at 5.50%
The RBI Governor has set the Marginal Standing Facility rate at 5.50%, providing banks with clarity on emergency overnight funding costs. This monetary policy tool allows scheduled commercial banks to borrow from the RBI against government securities during acute cash shortages, serving as a crucial component of the central bank's policy framework for maintaining financial system liquidity and stability.
04Feb 26
Indian Banks Request RBI to Relax Liquidity Rules for Growth Capital Access
Indian banks have approached the RBI requesting relaxation of liquidity rules to unlock funds currently parked for short-term financial stress requirements. The initiative aims to free up capital for growth-oriented lending activities while maintaining regulatory compliance and system stability.
28Jan 26
Bank of India Redeems Rs 750 Crore Additional Tier I Bonds Series VI Through Call Option Exercise
Bank of India exercised its call option to fully redeem 9.04% Additional Tier I Bonds Series VI worth Rs 750 crores on January 28, 2026. The redemption covered all 7,500 bonds with ISIN INE084A08136, with the bank paying Rs 56,09,75,427 as broken period interest along with the principal amount. The last regular interest payment was made on April 2, 2025, and the outstanding amount now stands at nil following the complete closure of this bond series.
28Jan 26
Bank of India Reports Strong Q3FY26 Performance with 13.63% Advance Growth and Improved Asset Quality
Bank of India reported strong Q3FY26 results with global advances growing 13.63% YoY to Rs.7,40,314 crore and net profit increasing 7% to Rs.2,705 crore. The bank maintained robust asset quality with gross NPA ratio improving to 2.26% and CRAR strengthening to 17.09%. New product launches included solar financing schemes and gig worker loans, while the bank provided FY26 guidance of 13-14% advance growth and 11-12% deposit growth.
27Jan 26
Bank of India Appoints Smt. Usha Ramsinghani as Company Secretary Effective January 28, 2026
Bank of India has appointed Smt. Usha Ramsinghani as Company Secretary effective 28.01.2026, replacing Shri Rajesh V. Upadhya who has been transferred to Zonal Audit Office, Hyderabad. The new appointee brings over 13 years of experience and holds qualifications including Company Secretary (ACS-78171), Chartered Accountant, and CAIIB certifications. She currently serves as Assistant General Manager in the bank and the appointment was communicated to stock exchanges under SEBI (LODR) Regulations compliance.
24Jan 26
Saturday Bank Holiday Today: Are lenders open or closed on Jan 24? Check RBI's holiday calendar list
Bank branches across India remain closed today, January 24, as it falls on the fourth Saturday of the month, observed as a weekly holiday under RBI norms. Customers can access alternative banking services through ATMs, online platforms, and mobile applications.
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
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.
15Jan 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.
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'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.
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