Indian Banking System

The Reserve Bank of India (RBI) on Monday infused Rs 79,256 crore transient liquidity into the banking system through overnight variable rate (VRR) auction. The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a release. The liquidity injected was much lower than the notified amount of Rs 1 lakh crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments. Currently, liquidity in the banking system is estimated to be in deficit of about Rs 65,395.64 crore as on March 23. On March 20, the central bank had infused Rs 25,101 crore transient liquidity in the banking system through a three-day VRR auction. On March 17, the RBI injected Rs 48,014 crore liquidity in to the banking system via seven-day VRR. Prior to this, the RBI infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.

Issues the high-level committee can look into to prepare the Indian banking system for 2047

While India offers one of the most compelling growth opportunities in coming decades, overseas bidders in the financial sector face tight voting caps, onerous processes and long payback timelines

India's banking system liquidity surplus has averaged around 1.1 per cent of deposits this month, inching past the 1 per cent threshold that the Reserve Bank of India indicated in December

Bihar Gramin Bank's JEEViKA exposure at ₹11,500 crore; NPAs below 2%

Private bank CEOs say faster change, sector specialisation and new products like M&A financing are key as banks adapt to shifting corporate funding and growth needs

Top PSU bankers argue India needs a few global-scale banks to fund big projects, invest in tech, and support a $35-40 trillion economy by 2047

KV Kamath says technology is reshaping money flows, shrinking banks' fee income and pushing lenders to reinvent themselves as capital markets and fintech gain ground

RBI says banks and NBFCs remain resilient with strong capital and asset quality, but flags risks from unsecured lending and global spillovers in a volatile world

Airpay Payment Services on Tuesday said it has secured approval from the Reserve Bank of India to operate as a cross-border payment aggregator, completing its authorisations under the unified payment aggregator (PA) framework. With this, the company is licensed to operate as a payment aggregator across online, physical and cross-border categories, a company statement said. The milestone positions airpay as a homegrown full-stack payments infrastructure provider for Indian enterprises, D2C brands and SMEs for both domestic and global markets, it added. The company expects the launch to accelerate scale, projecting a 3040 per cent rise in processing volumes over the next 6-12 months and anticipating 20 per cent-plus revenue contribution from cross-border flows alongside onboarding over 50,000 merchants in the same period. "Indian business growth is no longer domestic-only. Our exporters, SaaS firms, digital merchants and local retailers are all engaging globally, and they need ...

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends

How in saving Yes Bank, India's financial system reaffirmed its ability to act with purpose

DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity

The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. The bank has recruited 505 Probationary Officers (POs) in June, and the process to fill a similar number of vacancies is on... applications have been received, SBI Deputy Managing Director (HR) & Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI in an interview. As regards specialist officers, he said, around 1,300 odd officers have already been selected to look after the IT and cybersecurity space. The advertisement for 541 PO vacancies is out. Applications have already been received. The recruitment for POs is through a three-stage process: preliminaries, mains, and a psychometric test and interviews. Additionally, he said, "around 3,000 circle-based officers are now being considered. This should get concluded in the current financial year." Earlier this year, SBI Chairman C S Setty announced that the bank's

The forward-looking ECL-based allowance (or provision) is applied at origination and for all subsequent reporting periods to financial assets till derecognition

Public sector banks increase SDL allocation to 40-50% of HQLA portfolios, drawn by higher yields and widening spreads over central government bonds

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

The framework emphasises robust governance, clear accountability for AI, drafting of policy, risk management, and ethical guardrails

India Ratings has cut WAPCOS's bank loan rating from A- to BBB citing a stretched working capital cycle, reliance on debt and audit concerns, even as its order book remains strong

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment