Indian Banking Industry News & Updates - April 2026
Indian Bank Q4 FY26 profit rises 5% to Rs 3,103 crore, NII up 11%
State-owned Indian Bank posted 4.97 per cent year-on-year (YoY) growth in net profit to ₹3,103 crore in the January–March quarter of FY26 (Q4 FY26), up from ₹2,956 crore in Q4 FY25, due to a rise in provisions and lower non-interest income.
RBI allows banks to implement suo motu loan resolution in calamities
The Reserve Bank of India (RBI) has said banks can suo motu implement resolution for borrowers affected by natural calamities on the recommendation of the State Level Bankers’ Committee (SLBC) or any other competent authority.
The Last Financial Closings....
| Sensex |
76,886.91 (−416.73) |
| NSE |
23,995.70 (-97.00 ) |
| US$ spot |
Rs.94.6 |
| US$ |
Y.159.6100 |
| US$ 6 months |
Rs. |
| Yen |
Rs.0.59 |
| Euro spot |
Rs.110.6 |
| Gold (10gm) |
Rs.1,48,186.00 |
| Silver (1kg) |
Rs.2,37,100.00 |
| |
|
| Crude Oil (WTI) |
|
| Crude Oil (Brent) |
$110.6 |
| |
|
| Scip on BSE |
Face Value (Rs) |
Last Traded Value (Rs.) |
| Apollo Tyres |
1 |
423.85 |
| Asahi Ind |
1 |
868.40 |
| Amara Raja B |
1 |
897.85 |
|
| Ashok Leyland |
1 |
167.74 |
| Bharat Forge |
2 |
1,905.00 |
| JK Tyre Ind |
10 |
402.50 |
| Eicher Motor |
10 |
7,075.00 |
| Escorts |
10 |
3,312.00 |
| Exide Ind |
1 |
356.50 |
| Force Motors |
10 |
20,809.00 |
| Gabriel India |
1 |
1,020.00 |
| Hero Motocor |
2 |
5,083.00 |
| Hind Motors |
5 |
16.95 |
| HiTechGear |
10 |
627.00 |
| Jay Bharat |
5 |
92.56 |
| Jamna Auto |
5 |
123.10 |
| Kinetic Engg |
10 |
245.00 |
| KOEL |
2 |
1,720.00 |
| Kirloskar Bro: |
2 |
1,707.00 |
| L&T |
2 |
4,040.00 |
| Lumax Ind |
10 |
5,077.90 |
| Lumax Tech |
10 |
1,670.00 |
| M&M |
5 |
3,084.80 |
| Maruti Suzuki |
5 |
12,890.00 |
| Motherson SS |
1 |
125.83 |
| Minda Inds |
2 |
1,128.10 |
| MRF |
10 |
1,30,175.00 |
| Omax Auto |
10 |
124.43 |
| Rico Auto |
1 |
114.59 |
| JTEKT India |
1 |
130.39 |
| SRF Ltd |
10 |
2,529.80 |
|
| Tata Motors |
2 |
351.20 |
| TVS Motors |
1 |
3,497.60 |
Asian Development Bank cuts regional growth forecasts on impact of war in West Asia
The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for both years, due to the war in the Middle East.
Rupee hits record closing low at 94.85 as crude surge pressures currency
The rupee depreciated by 0.32 per cent on Wednesday to settle at a fresh closing low of 94.85 per dollar, tracking the rise in crude oil prices, and amid consistent foreign outflows.