Monday, 28 September 2026Updated 16m ago
Market pulse › Banks

Banks

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

Today73 stories · 104 articles232 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 2h 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

Often tagged with

stories together this week · colour is their tone

Stories

232 in all · newest first
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 BankJefferies1 source
48m
Market move▼ bearishMarket under pressure; PSU Bank shares dropPSU bank shares dropped as the market came under pressurePSU banksPSUsCrude oil1 source
57m
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
1h
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
2h
● 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
2h
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
3h
Market move▼ bearishMarket drift lower in early trade; breadth weakThe market drifted lower in early trade, with breadth weakNifty and SensexNSEReal estate1 source
3h
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
3h
● 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
3h
▲ 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
4h
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
2h
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
4h
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
5h
● 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
3h
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
5h
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
5h
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
2h
Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSU banksPSUsRBI rules1 source
7h
● 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
12h
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
13h
▲ 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
13h
▲ bullishBank unions defer three-day nationwide strike after talks with IBAUFBU deferred the planned three-day nationwide strike after talks with IBAIndian Banks’ AssociationUnited Forum of Bank Unions12 sources
4h
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
15h
▼ 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
15h
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
16h
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
16h
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
17h
● 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
18h
▼ 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
17h
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
19h
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
18h
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
20h
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
21h
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
23h
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