Top Indian Banking Industry News & Updates - 12 April 2025,Saturday

🗎 RBI / MoF / Govt. Policies

Banks likely to reduce interest rates after RBI’s repo rate cut: SBI report
New Delhi: With the RBI’s 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
📝  RBI to boost banking system liquidity with Rs 40,000 crore OMO and repo operations
📝  RBI proposes new route for offloading bad loans
Read More >>

🏦 PSB / Pvt Banks

Lower rates on CPs, CDs point to faster transmission of repo rate cut this time

Mumbai : Rates on short-term debt instruments, such as certificates of deposits (CD) and commercial papers (CP), have reduced up to one percentage point since last month, lowering short-term funding costs for lenders that have to lower rates on loans tied to the policy benchmark.
PNB is celebrating 131st Foundation Day
 
📝  PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underway
📝  Loan pool sales surge as banks embrace securitisation to tackle credit-deposit ratio pressures
📝  PNB shares in focus after cutting RLLR to 8.85% from 9.10%
📝  Indian Overseas Bank cuts repo-linked lending rate by 25 bps
Read More >>

🏦 Co-operative Banks / RRBs

Nabard must strengthen supervisory control over newly merged RRBs, says employees association
All-India Nabard Employees Association (AINBEA) has demanded National Bank for Agriculture and Rural Development (Nabard) must strengthen regulatory and supervisory control over 28 newly merged Regional Rural Banks (RRBs) in 26 states and two UTs. Nabard has nurtured RRBs all these years, said Rana Mitra, General Secretary, AINBEA. “Let their public sector character be maintained and enhanced further in service of rural poor,” he told businessline. Mitra recalled how All-India Regional Rural Bank Employees Association had fought for long for merger of RRBs.
Read More >>

🗎 NBFCs / FIs / MFI

SBI Caps sees key exits amid restructuring
Mumbai :  State Bank of India (SBI)’s investment banking and project advisory arm, SBI Capital Markets (SBI Caps), is in the midst of a restructuring exercise, leading to exits of at least three senior executives, said three people aware of the development. 
Secure funds up to Rs. 2 crore at competitive Interest rates with Bajaj Finserv Gold Loan

Pune: Gold has long been regarded as a trusted asset, serving as a financial cushion for both investors and borrowers. In recent times, gold loans have gained popularity as a go-to solution for those seeking quick liquidity. By pledging gold jewellery, individuals can unlock immediate funds without undergoing extensive paperwork or relying on their credit score. If an individual is planning to take a gold loan in India, one of the key factors to consider is the interest rate. A lower gold loan interest rate ensures reduced overall repayment, making the loan more manageable and cost-effective over time.
📝  Muthoot Finance shares fall 14% in two-day rout on RBI tightening gold loan rules
Read More >>

UPIs / Wallet / FinTech

📝  One in 3 merchant payments involves credit: Fintech report
Read More >>

🧔 Brokers / Distributors

HDFC securities Launches Advanced F&O Dashboard on HDFC Sky
Mumbai: HDFC securities today announced the launch of its comprehensive Futures and Options (F&O) Dashboard on its discount broking platform HDFC Sky. This new feature is designed to empower investors with advanced tools and actionable insights thus driving more informed decisions in the derivatives market. The F&O Dashboard integrates cutting-edge analytics with one-click execution capabilities, catering to both new and experienced investors.
📝  Anand Rathi Insurance Brokers appoints Sumit Dutt the Chief Executive Officer
Read More >>

🗠 Bourses

📝  NSE hits 22 crore investor accounts, reflecting soaring retail participation
📝  Markets in India safe, people shouldn’t panic: Sebi chairman Tuhin Kanta Pandey
Read More >>

Crypto

Bitcoin to hit $250,000 this year? Experts say…
It has been a turbulent month for cryptocurrencies — marked by a massive sell-off and sharp gains — after US President Donald Trump announced sweeping “reciprocal tariffs” against nearly all imports from more than 180 countries. Industry experts however remain bullish on bitcoin — with some predicting that it could hit the $250,000 mark as early as this year.
Read More >>

🗠 Mutual Funds / AMCs

51 lakh mutual fund SIPs closed in March; stoppage ratio at record 127.5%
For the third straight month in March, more mutual fund SIPs were discontinued than newly registered. According to the latest AMFI data released on Friday, about 51 lakh SIPs were stopped last month, while 40 lakh new registrations were recorded — reflecting a stoppage ratio of 127.5%. This means that for every 100 new SIPs registered, 127.5 were discontinued. This figure also includes SIPs that may have ended due to the completion of their tenure.
Equity mutual fund inflows drop 14.4% in March; SIPs hit 4-month low: AMFI
Equity mutual fund inflows fell 14.4 percent to Rs 25,082 crore in March 2025 against Rs 29,303 crore in the previous month, according to the latest AMFI data.
Active equity mutual funds sit on record cash levels as redeployment into market slows
Active equity mutual fund managers in India are exhibiting increasing caution when redeploying accumulated cash. According to ACEMF data, cash holdings across 506 actively managed equity schemes reached a record ₹1.81 lakh crore in March, up from ₹1.69 lakh crore in February. This cautious stance comes despite mutual funds receiving average monthly net inflows of approximately ₹35,000 crore over the past year. Market uncertainty has clearly made fund managers hesitant to abandon their defensive positions. Data from NSDL reveals that mutual funds’ net infusion into the equity market dropped sharply to ₹13,459 crore in March, down from ₹47,943 crore in February.
📝  MF industry assets up 23%, number of folios hits a new peak
Read More >>

🗎 Equities, Pvt. Equity / Hedge Funds

📝  Equity MF inflow drops 14% to Rs 25,082 crore in March
📝  Equity investment in Indian real estate rises 74 pc in Jan-Mar to nearly $3 bn: CBRE
Read More >>

🗎 Govt. Securities / Bonds

📝  India's bond market holding strong thanks to RBI’s clear rate trajectory: B Prasanna
Read More >>

✈ International

📝  Bond analysts debate if China had role in Treasuries yield swings
📝  Freak sell-off of 'safe haven' US bonds raises fear that confidence in America is fading
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710