Monday, 28 September 2026Updated 7m ago
Market pulse › Banks

Banks

Topic tag · tracked since 23 Sept · also bank, banking, lenders, banking sector

Today78 stories · 114 articles239 stories since 23 Sept
Net tone▲ +20% today+10% over the week
Market checkBank +0.26%Nifty Bank on Fri, 25 Sept · Nifty +0.34%
Developing6 storylinesBiggest: Bank unions’ September strike and deferral · 24 updates

Banks in three lines

Written 3h ago from its latest stories
  • Banking unions postponed the planned strike, and banks will remain open September 28–30
  • Bank of India led seven aggressive hybrid funds with 16.5% five-year SIP returns
  • Bank Nifty slipped below 55,000, with Yes Bank, IDFC First, PNB and SBI among the top drags

Stories per day

Bar colour is the day’s tone · tracking began on 23 Sept

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stories together this week · colour is their tone

Stories

239 in all · newest first
Policy● mixedFD interest rate rules to change from October 1: Key changes explainedFrom October 1, banks must disclose large-deposit rates in advanceBanking liquidityRBI rulesRBI1 source
1h
Policy● mixedGlobal Market: BOJ policymakers see case for faster rate hikes as inflation risks mountBOJ policymakers see a case for faster rate hikes as inflation risks mountJapanInflationGlobal markets1 source
1h
Market move▼ bearishNifty slips below 23,000 as bank stocks tumbleNifty slipped below 23,000 as bank stocks tumbledNifty and SensexCrude oilGlobal markets1 source
1h
Expansion▲ bullishIndusInd Bank eyes India’s 2,117 GCCs with new banking verticalIndusInd Bank introduced a banking vertical for Global Capability Centres in IndiaIndusInd BankGCCsPrivate banks2 sources
26m
Leadership▲ bullishHDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880Jefferies sees rerating scope from CEO succession clarity and a management reshuffleHDFC BankJefferies2 sources
1h
Market move▼ bearishMarket under pressure; PSU Bank shares dropPSU bank shares dropped as the market came under pressurePSU banksPSUsCrude oil1 source
2h
Market move▼ bearishNifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woesNifty PSU Bank fell 2%; several PSU bank stocks declined 2–4% on MondayPSU banksNifty and SensexCanara Bank1 source
3h
Market move▼ bearishHDFC Bank shares fall 2% as banking stocks decline amid market slumpHDFC Bank traded at ₹722.05, down 1.8% at 10:47 amHDFC BankPrivate banks1 source
3h
● mixed7 aggressive hybrid funds delivered 12%+ 5-year SIP returns; Bank of India led with 16.5%Seven aggressive hybrid funds delivered 12% or more in five-year SIP returnsMutual fundsBank of India1 source
3h
Market move● mixedJapanese bond yields climb towards multi-decade highs on inflation, BOJ tightening betsJapanese bond yields climbed as services inflation and BOJ rate-hike expectations weighed on debt pricesJapanBond yieldsInflation1 source
4h
Market move▼ bearishMarket drift lower in early trade; breadth weakThe market drifted lower in early trade, with breadth weakNifty and SensexNSEReal estate1 source
4h
Broker call▲ bullishDharmesh Kant bets on banks, mining and AI themes; cautious on FMCGDharmesh Kant highlighted value in Coal India and favoured banks, mining and AI themesCoal IndiaMiningAI1 source
4h
● mixedBank strike deferred: Are banks open today? Here's what you need to knowBanks will remain open from September 28 to 30 after the UFBU deferred its three-day strikeUnited Forum of Bank UnionsPSU banksIBA1 source
5h
▲ bullishBank Strike Called Off At Last Minute: What Led To The Decision?UFBU deferred its proposed agitation programmes and strike actions after reaching an understanding with IBAUnited Forum of Bank UnionsIBA1 source
5h
Funding and debt▲ bullishPC Jeweller clears dues to 14 banks and becomes debt-freePC Jeweller cleared dues to all 14 consortium banks ahead of schedulePC JewellerRetailFMCG and consumption3 sources
3h
Market move▲ bullishBank of Maharashtra among 5 stocks showing RSI trending upBank of Maharashtra was among five Nifty 500 stocks gaining over 3% on September 25Bank of MaharashtraNifty and Sensex1 source
5h
Policy● mixedBank holidays in October 2026: Check state-wise RBI holiday list of 11 daysRBI’s October 2026 holiday calendar lists 11 days when banks will be closedRBI1 source
6h
● mixedAre banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should knowBanks will function as usual during the strike period announced for September 28–30United Forum of Bank UnionsPSU banks3 sources
4h
Legal● mixedCan money collected for someone else be taxed as your income? ITAT ruling on ₹20.33 lakh cash depositsAn 89-year-old retired principal said ₹20.33 lakh in deposits were hostel fees collected for an education societyIncome tax1 source
6h
IPO▲ bullishCoal India Unit SECL said to hire banks for $800 million IPOSECL appointed ICICI Securities, SBI Capital Markets, Motilal Oswal and IDBI Capital Markets as advisersCoal IndiaCoalMetals and mining1 source
6h
Expansion● mixedHSBC targets affluent Indian clients, intensifying competition with local banksHSBC is stepping up its India push to drive growth among affluent clientsHSBCICICI BankKotak Mahindra Bank5 sources
3h
Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSU banksPSUsRBI rules1 source
8h
● mixedBank strike on 28, 29, 30 September deferred; salaried individuals to get money in account as usual?The bank strike planned for 28–30 September has been deferred1 source
14h
Policy● mixedFinance Ministry seeks banks' inputs on AI tools for loan collection, assesses adoptionThe Finance Ministry has sought banks' feedback on AI-driven loan collection toolsFinance MinistryAIDigital lending1 source
14h
▲ bullish3-day bank strike deferred after bank union body meet: Will SBI, HDFC Bank remain open on Monday, 28 September?The proposed three-day bank strike from September 28 to 30 was deferred after IBA and UFBU reached an understandingPSU banksSBIHDFC Bank1 source
14h
▲ bullishBank unions defer three-day strike after talks with IBAUFBU deferred the planned three-day nationwide bank strikeUnited Forum of Bank UnionsIBAIndian Banks’ Association12 sources
16m
Leadership● mixedFour scenarios sketch ECB succession plan for post-Christine Lagarde eraKlaas Knot and Pablo Hernandez de Cos remain key contenders for the ECB presidency1 source
16h
▼ bearish3-day bank strike: Will your September salary be delayed? Here’s all you need to knowA bank strike from September 28-30 could delay salaries, depending on banks and employersPSU banks1 source
16h
Leadership● mixedHDFC Bank CEO's to-do list in coming weeks: Growth, Casa, investor trustThe incoming HDFC Bank chief faces priorities including retail and deposit growth, rebuilding CASA and improving marginsHDFC BankPrivate banksRetail1 source
17h
Data● mixedHigh credit-deposit ratio does not signal funding vulnerability: RBI reportRBI report says a high credit-deposit ratio alone does not signal funding vulnerabilityBanking liquidityCredit growthRBI1 source
17h
Policy● mixedExpecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend incomeTaxpayers with nil estimated tax liability can submit Form 121 to avoid TDS on certain incomesIncome taxTaxes1 source
18h
● mixedMint Explainer: Why did banks open on Sunday?The article examines why banks operated on a Sunday and whether this was the first such instanceBanking liquidity1 source
19h
▼ bearishUnions plan a three-day nationwide bank strike from September 28The strike is expected to affect public sector, old-generation private and regional rural banksUnited Forum of Bank UnionsPSU banksPrivate banks3 sources
18h
Data● mixedRBI net dollar purchases hit record $18.65 bn in July: Monthly bulletinRBI net dollar purchases reached a record $18.65 bn in July, driven by a concessional swap facilityRBIUS dollar1 source
20h
Data▲ bullishNRI deposit inflows surge nearly sevenfold to $36.2 billion in April-July FY27FCNR(B) deposit flows reached $34.53 billion in April-July FY27RBIForex reserves2 sources
19h
Policy● mixedBank closure this week: When and where will banks stay shut from September 28 to October 4A nationwide bank strike is set from September 28 to 301 source
21h
Expansion▼ bearishAhead Of Three Day Nationwide Strike, Public Sector Banks Remain Open TodayPublic sector banks remained open Sunday ahead of a proposed three-day nationwide strikePSU banksUnited Forum of Bank UnionsSBI1 source
23h
Expansion● mixedAxis Bank plans 12,500 campus hires, redeploys staff amid AI pushAxis Bank plans around 12,000–12,500 campus hires in FY27, versus 11,500–11,600 in FY26Axis BankPrivate banksJobs and layoffs1 source
1d
Policy● mixedFive-day week: An 11-year dilemmaThe article argues extending banks’ Saturday holiday is a logical step for staff well-being and operational efficiencyUnited Forum of Bank UnionsJobs and layoffs1 source
1d
Policy● mixedBanks open on Sunday ahead of nationwide strike: Will you get your salary today?Banks were asked to disburse salaries in advance to avoid disruptions during a nationwide strikeRBIUnited Forum of Bank UnionsIndian Banks’ Association1 source
1d
▲ bullishSBI chairman says digital banking and customer relationships will drive growthChairman C S Setty said SBI’s strategy is “digital first, customer first, nation always”SBIPSU banks2 sources
1d
Policy● mixedRare Sunday for public- and rural sector-banks: Check if your bank is open or closed todayPublic-sector and regional rural banks will open Sunday, September 27, ahead of a three-day nationwide bank-union strikePSU banksUnited Forum of Bank Unions1 source
1d
Legal● mixed₹14.69 crore jewellery found in tax search: When can inherited gold escape tax scrutiny?Kolkata ITAT upheld deletion of a ₹1.56 crore tax additionIncome taxGoldTaxes1 source
1d
Market move● mixedF&O Tracker: Supports offer hopeNifty and Nifty Bank futures may see a temporary reboundF&ONifty and Sensex1 source
2d
Policy● mixedHoliday still a working day: Why are banks open on Sunday?Public Sector Banks and Regional Rural Banks were directed to operate normally on Sunday to limit strike disruptionPSU banksUnited Forum of Bank Unions1 source
2d
● mixedI’m afraid of ‘starving to death.’ Social Security stopped our checks due to a hacked bank account. What can we do?Social Security checks stopped after a bank account was hacked1 source
2d
● mixedHow much are your banks dependent on insurance commissions?Insurance commissions are a significant source of fee income for some Indian banksInsurance distributionInsurancePSU banks1 source
2d
Data● mixedGovernment bank jobs barely grew in 5 years even as PSU bank business surged 56%India’s banking sector added 2.72 lakh jobs in five years; PSB workforce remained almost unchangedPSU banksPSUsJobs and layoffs1 source
2d
Funding and debt● mixedPrestige Estates issues corporate guarantee of up to ₹750 crore for subsidiary loanPrestige Estates guaranteed up to ₹750 crore for a subsidiary’s loan from ICICI BankPrestige EstatesReal estateICICI Bank1 source
2d
● mixedBusiness correspondents explained: How BCs extend banking services beyond branchesBusiness Correspondents extend banking services beyond branchesInfrastructure1 source
2d
● mixedDebt-to-income ratio explained: How lenders assess your repayment capacityDTI compares monthly debt payments with gross incomeDigital lending1 source
2d
● mixedWhy Are Banks Opening On A Sunday? The Reason Behind The Three-Day StrikeSunday opening was intended to avoid a five-day disruption from the weekend and three-day strikeUnited Forum of Bank Unions1 source
2d
Market move▲ bullishRupee recovers as large public sector banks sell US dollarsRupee gained 15 paise to close at 95.81 per US dollar on FridayRupeePSU banksUS dollar1 source
2d
● mixedAre you the ‘digital PA’ for your parents?Banks and businesses must do more to support older customersPrivate banksPSU banks1 source
2d
Leadership● mixedRBI appoints Suman Ray as Executive DirectorRBI appointed Suman Ray as Executive DirectorRBIDinesh Pant1 source
2d
● mixedBank branches shut on September 26 for fourth Saturday; public banks and RRBs operate September 27SBI, HDFC Bank and ICICI Bank branches were closed on September 26PSU banksSBIHDFC Bank2 sources
1d
Policy● mixedRBI bulk deposit rule changes take effect from October 1, 2026New bulk deposit rules take effect from October 1, 2026RBIRBI rules2 sources
1d
Legal● mixedVitol Told Bank Radiant Contracts With CFO’s Signature Were FakeVitol told Deutsche Bank contracts purportedly signed by its CFO weren’t real1 source
3d
Data● mixedRBI Bulletin: Credit-Deposit Ratio Exceeding 80% Does Not Indicate Funding VulnerabilityBank credit growth has outpaced aggregate deposits, pushing the credit-deposit ratio above 80% since FY23Credit growthRBI1 source
3d
Data▲ bullishIndia’s private capex estimated at ₹3.2 lakh crore in 2026-27: RBIRBI estimates private capex at ₹3.2 lakh crore in 2026-27RBIEconomic growthInfrastructure1 source
3d
Data● mixedRupee gains on FCNR(B) deposits reverse amid crude price spike: RBI reportBanks mobilised $133 billion in FCNR(B) deposits after the RBI opened a concessional swap window in JuneRupeeRBIBanking liquidity1 source
3d
Data● mixedRBI Bulletin – September 2026RBI released its September 2026 monthly Bulletin, containing seven speeches, three articles and current statisticsRBIEconomic growthRepo rate1 source
3d
Policy● mixedRBI cuts exporters’ earnings repatriation deadline to nine monthsRBI reversed its earlier allowance for exporters to repatriate earnings within 15 monthsRBIRBI rulesTrade and tariffs2 sources
3d
IPO▲ bullishCoal India subsidiary SECL prepares for an $800 million IPOSouth Eastern Coalfields is reported to be planning an $800 million IPOCoal IndiaCoalListing rules4 sources
2d
Policy● mixedRBI fixes H2 Ways and Means Advances limit for government at Rs 50,000 crRBI set the government's H2 2026-27 Ways and Means Advances limit at ₹50,000 croreRBIRBI rules1 source
3d
Policy● mixedCooperative banks to remain open during proposed September 28–30 bank strikeCooperative banks are expected to remain operational during the proposed September 28–30 strikeUnited Forum of Bank Unions2 sources
3d
Market move● mixedThese two market gauges may signal a big risk-off event for the market, says BofABofA says rising bond-market anxiety and a financial-stock selloff may signal a serious market shockBond yieldsWall StreetGlobal bonds1 source
3d
Policy● mixedUPI MDR: Where will 0.4% fee go? FM clarifies banks, payment gateways & apps to get a share | Check breakdownOf the 0.4% UPI fee, 40% goes to customer banks, 30% to payment gateways and 20% to UPI appsUPIFintech and payments1 source
3d
Policy▼ bearishThree-day bank strike may disrupt branches around September 30 compliance deadlinesPublic sector bank branches are expected to face disruption during a three-day strikePSU banksUnited Forum of Bank Unions2 sources
3d
Data▼ bearishBank deposits, credit shrink in fortnight to September 15Bank deposits contracted by Rs 2.59 lakh crore in the fortnight ending September 15Banking liquidityCredit growth1 source
3d
Deal● mixedIDBI Bank Disinvestment On Track, Govt Evaluating Financial Bids At 'Steady Pace': SourcesProposed sale covers the Centre’s 30.48% stake and LIC’s 30.24% stakeIDBI BankDisinvestmentLIC1 source
3d
Data● mixedMoney Supply for the fortnight ended on September 15, 2026RBI released money-supply data for the fortnight ended September 15, 2026RBIBanking liquidity1 source
3d
Data● mixedReserve Bank of India – Bulletin Weekly Statistical Supplement – ExtractRBI weekly statistical supplement reports liabilities and assets in ₹ croreRBI1 source
3d
● mixedThree-day bank strike may disrupt salary credits and branch servicesCentral government employees and pensioners were due September salaries and pensions on September 25Jobs and layoffs2 sources
2d
Broker call● mixedMarkets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik KumarBandhan AMC’s Karthik Kumar said markets may consolidate for a year and large-cap valuations are reasonableMarket valuationsInsuranceMutual funds1 source
3d
Market move● mixedRupee firms after RBI intervention as one-year forward yield reaches 3.50%Rupee ended at 95.81/$ after RBI intervention, easing oil prices and a softer dollarRupeeRBICrude oil3 sources
3d
Policy● mixedUS Fed plans to raise asset thresholds for bank oversightThe Fed is set to propose higher asset thresholds for banking regulationsUS Fed2 sources
3d
● mixedSBI Branches To Remain Open On Sunday In View Of 3-Day Bank StrikeSBI branches will remain open Sunday during the three-day bank strikeSBIPSU banksUnited Forum of Bank Unions1 source
3d
Market move▲ bullishSensex gains 315 points and Nifty closes at 23,141 in partial reboundSensex ended at 73,896, up 315 points; Nifty closed at 23,141, up 77 pointsNifty and SensexReal estateAutos3 sources
3d
Expansion▲ bullishBreaking out: 97-year-old South Indian Bank wants to outgrow name, go nationalPlans to expand in Maharashtra, Gujarat and the national capitalThe South Indian Bank1 source
3d
Data● mixedBank Lending to Eurozone Businesses Halved in AugustBank lending to eurozone businesses halved in AugustCredit growthEuropean marketsEuropean Union1 source
3d
Legal● mixedDelhi HC directs police to decide on bank unions' protest site ahead of Sept 28-30 strikeDelhi High Court directed police to identify a new protest site ahead of the September 28–30 bank strikeUnited Forum of Bank UnionsIndian Banks’ Association1 source
3d
Data● mixedShare of high-value micro loans rise: ReportLoans above ₹75,000 rose to 41% of individual microfinance loans in Q1 FY27, from 28% a year earlierMicrofinanceAsset qualityNBFCs1 source
3d
Results● mixedHDFC Bank To Issue ESOP Of 19 Lakh Shares To 'Employees' — Key Details InsideHDFC Bank's board will meet on October 17 to consider quarterly and half-year resultsHDFC BankStock exchanges1 source
3d
● mixedBank strike Sept 28-30: Will financial services work? All ATM, digital wallet and UPI FAQs answeredBank unions plan a three-day strike from September 28 to 30, risking in-branch service disruptionsUnited Forum of Bank UnionsUPIFintech and payments1 source
3d
Policy● mixedGovernment and banks to set subsidy for UPI after MDR beginsMDR collections are not expected to cover the full cost of running UPIUPIFintech and payments2 sources
3d
Deal▲ bullishGovernment evaluates revised bids for 60.72% stake in IDBI BankRevised bids are from Fairfax Financial Holdings and Emirates NBDIDBI BankDisinvestmentFairfax5 sources
2d
Policy● mixedSBI and other PSU banks waive ATM charges during September 28–30 strikePSU lenders waive ATM charges beyond free transaction limits during the three-day strikeSBIPSU banksPunjab National Bank7 sources
2d
Funding and debt▲ bullishEmbassy Office Parks REIT raises ₹1,000 crore through NCDs to refinance debtThe REIT raised ₹1,000 crore through floating-rate non-convertible debenturesOffice and REITsCorporate bondsReal estate5 sources
3d
Results● mixedHDFC Bank shares trade flat ahead of Q2 results: What’s happening?HDFC Bank traded at ₹731.40 at 10:42 am, versus a previous close of ₹728.90HDFC BankPrivate banks1 source
3d
Policy▼ bearishPower shifts from brokers to insurers as IRDAI tightens commission rules, says Motilal Oswal's Nitin AggarwalIRDAI's proposed commission cuts triggered a selloff in insurer, bank and distributor stocksIRDAIInsurance distributionInsurance1 source
3d
Policy● mixedAre banks open or closed on Sunday, September 27? Here’s why there’s confusion ahead of the proposed bank unions strikeThe government decided to keep public-sector and rural banks open on September 27, despite the holidayUnited Forum of Bank UnionsPSU banks1 source
3d
Market move● mixedRBI likely intervenes to support rupee as it trades near 95.88 per dollarRupee rose to 95.88 per dollar, paring its decline from 95.97 in early dealsRupeeRBIUS dollar2 sources
3d
Broker call● mixedF&O: Analyst suggests bear, bull spreads on Bank Nifty, Canara BankHDFC Securities analyst recommended a Bear spread on Bank Nifty and a Bull spread on Canara BankCanara BankF&O1 source
3d