Banks, financial institutions raise Rs 1.17 trillion via CDs in two weeks
This period saw IndusInd Bank aggressively tapping the CD market with its liquidity coverage ratio declining after its disclosure of discrepancies in its derivatives portfolio. The bank’s liquidity coverage ratio fell to 113 per cent as of March 9, 2025, compared to 118 per cent at the end of December.

Key banking rule changes effective April 1, 2025—What you need to know
The Reserve Bank of India (RBI) has introduced new Priority Sector Lending (PSL) guidelines, set to take effect from April 1, 2025, following a comprehensive review and stakeholder consultations. These are expected to enhance the inflow of credit flow to priority sectors and boost inclusive growth. It has increased the limits for education loans, renewable energy loans, as well as for loans under the affordable housing category

PSBs to launch new schemes to support startups, gig workers under new reform set for FY26 launch
New Delhi: Public sector banks (PSBs) will soon launch financial schemes targeted at start-up founders and gig workers while finalizing new credit appraisal mechanisms to build credit -resilient banking.

Indian banks expected to see loan growth of 12-14% in FY26: Report
New Delhi: Indian banks are expected to register loan growth of 12-14 per cent in the financial year 2025-26 (FY26), driven by an increase in deposit inflows, according to a report by Ambit Capital Research.

India's largest pvt bank gets richer by Rs 44933 crore in just 5 days after its share price increased
Days after being fined by the Reserve Bank of India (RBI), HDFC Bank earned Rs 44,933.62 crore last week. The bank added the whopping amount in its market cap after its share price increased by nearly Rs 25 in five days, from Monday to Friday. The share was closed at Rs 1,825.50 on Friday, March 28. The market cap of HDFC Bank, India's largest private bank, reached Rs 13,99,208.73 crore. Last week, the BSE benchmark gauge climbed 509.41 points, or 0.66 per cent. HDFC Bank gained the most in line with an optimistic trend in equities. On March 26, RBI imposed a Rs 75 lakh penalty on HDFC Bank for non-compliance with certain directions issued by it on 'Know Your Customer' (KYC). Moreover, the country's largest government bank, SBI, added Rs 16,599.79 crore in its market cap last week, reaching Rs 6,88,623.68 crore.

FY26 likely to bring slight recovery in banks' earnings growth momentum
The banking sector and more broadly, financials, have outperformed the Nifty50 in FY25 in terms of index returns. The Nifty50 is up 5.3 per cent, while the Bank Nifty has gained 9.4 per cent and the Nifty Financials rose 19.5 per cent. Some private banks like HDFC Bank (26 per cent), ICICI Bank (23 per cent), Kotak Mahindra Bank or KMB (21 per cent), and Federal Bank (28 per cent) have done very well.

IndusInd Bank fiasco prompts large state-run banks to tap CD market
Following the disclosure that it had found discrepancies in its derivatives portfolio, IndusInd Bank has aggressively tapped the certificate of deposits (CD) market to raise funds amid a flight of deposits. In March, the bank raised Rs 16,550 crore in CDs at a coupon rate of 7.75-7.9 per cent. This is about five times higher than the average amount it has typically raised from the CD market previously.

About 500 urban co-op banks to transition to RBI’s new remedial regime from April 1
About 500 weak urban co-operative banks (UCBs), which are currently under RBI’s supervisory action framework (SAF), will transition to the prompt corrective action (PCA) framework for remedial action with effect from April 1, 2025. The central bank’s PCA framework will replace the SAF for financially unsound and poorly managed UCBs with effect from the aforementioned date.

Do banks make money on ATM interchange fee?
Transactions at ATMs are set to get costlier from May 1, after the recently announced hike in interchange fee. However, only a few large banks which have extensive ATM networks benefit when non-customers use their ATMs, putting smaller banks at a disadvantage, explains Ashvin Parekh

Department of Posts to double its network of ATMs to 2,000
Mumbai: The Department of Posts (DoP) is planning to double the number of ATMs across the country to 2,000 in the current financial year (FY26). The installation of new on-site ATMs, which will be enabled for the interoperable card-less cash withdrawal facility, will be under the opex (operating expenditure) model. Under the opex (brown-label) model, the ATM is owned by the vendor (ATM managed service provider) while the site is developed and maintained by the bank.

New borrowers face credit squeeze, turn to secured loans and credit cards
Retail credit growth moderated in the quarter ended December 2024. The impact of this slowdown was especially felt by new-to-credit (NTC) customers, according to a recent report by TransUnion CIBIL.

Shriram Finance targets crossing Rs 3 lakh crore in assets in FY26
Shriram Finance, the flagship company of diversified conglomerate Shriram Group, is set to cross Rs 3 lakh crore in assets during the next financial year starting April 1 with loan growth of 15%.”We expect 15% credit growth for FY26 if the GDP grows at 6.5%. Usually, loan growth is more than 2 times of the GDP. Higher the GDP growth, higher is the demand for loan,” Shriram Finance executive vice chairman Umesh G Revankar told PTI.

Aditya Birla Finance merges with parent Aditya Birla Capital
Mumbai: The amalgamation of Aditya Birla Finance Ltd (ABFL) with its parent Aditya Birla Capital Ltd (ABCL) with effect from April 1, 2025, will lead to rationalisation and simplification of group structure, improved financial stability, and increased operational efficiency, according to ABCL. ABCL, in a statement, said it will be converted from a Core Investment Company to an operating NBFC (non-banking finance company), and this will create a unified larger entity with greater financial strength and flexibility enabling direct access to capital. This will also help the Company maximise its share of opportunities by efficient utilisation and allocation of capital, it added. ABFL is a wholly-owned NBFC subsidiary of ABCL.

Arya.ag NBFC arm does Rs 2,000 crore commodity financing in FY25
 

UPI to banking: 5 financial rules changing from today
Finance Minister Nirmala Sitharaman had announced several changes in the budget session related to finance and tax rules. Some of these were announced earlier as well. However, these changes will come in effect from April 1, 2025. The changes in finance and tax rules cover UPI, government pensions, credit cards and more.  

Sharp rise in medical, educational costs has created opportunity for impact financing in these sectors: Fibe

“Our healthcare financial solutions enable customers to avail of quality treatment from leading hospitals without financial constraints. Additionally, our partnerships with healthcare and education providers across India strengthen our impact positioning as a lender to Mass India, he said. According to reports, about 27.5 million married couples are actively trying to conceive and suffer from infertility. Some of the major reasons for the rise in infertility in India is a hectic lifestyle, hormonal issues and obesity, giving a boost to the IVF industry.

Significant financial rule changes to come into effect from April 1
 

‘MFs should not launch thematic funds at market peaks’
Radhika Gupta, MD and CEO, Edelweiss Mutual Fund spoke to TNIE on current equity market situation, closing of SIPs and the right kind of mutual fund portfolio one should have. Excerpt:

Mutual funds to attract fresh talent with toned-down skin-in-the-game norms
Mumbai: The mutual fund industry can heave a sigh of relief as it will be able to attract better talent with the capital market regulator SEBI easing the skin-in-the-game regulations for key managerial persons of the industry.

Mutual funds engineer new category in quest for tax-efficient debt funds
Ever since finance minister Nirmala Sitharaman redefined debt mutual funds in the July 2024 budget as those that invest more than 65% in debt, there's been an upheaval in the mutual fund industry.

Equity MF inflows likely slowed down further in March after February dip
As of March 26, MFs had deployed a net Rs 8,485 crore in the equity market during the month compared to a net buying of Rs 48,000 crore in February and Rs 57,650 crore in January, shows data from the Association of Mutual Funds in India (Amfi). The quantum of net equity buying by MFs depends on several factors — inflows and outflows from equity and hybrid schemes, changes in equity allocation in hybrid schemes, and changes in cash holdings.

Auto settlement of advanced claim limit of PF increased from ₹1 lakh to ₹5 lakh
 

FPIs net sellers in 3 of past 5 financial years even as DIIs buy big
 

10 equity funds that check every box on returns, risk and expenses