Banking

RBI governor warns current financial resilience does not assure future stability

• Sanjay Malhotra flagged increasing exogenous systemic risks
• The warning underscores risk monitoring for Indian banks and other financial institutions

RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressure

• RBI Governor Sanjay Malhotra warned against complacency over rising financial risks
• He said the West Asia conflict adds to inflation pressure
• Heightened financial risks warrant vigilance among Indian banks and other lenders

‘Next financial crisis may not start in a bank’: Sanjay Malhotra flags new systemic risks amid global shocks

• Sanjay Malhotra warned the next financial crisis may not originate in the banking system
• He flagged geopolitical events, cyberattacks and technological failures as sources of systemic risk
• The warning puts Indian banks and financial firms on alert for risks beyond traditional banking

SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more

• SBI-led lenders say Vijay Mallya owes ₹8,752 crore more
• Debt recovery may affect SBI and other lenders’ recoveries

Banks’ October 3 holiday status varies amid festive closures

• October is a festive month, with Durga Puja and Dussehra leading to closures in more states
• Bank closures affect access to services at Indian banks

RBI appoints Sudhakar Malli as Executive Director from October 1

• Malli takes charge as Executive Director on October 1, 2026
• He has around three decades at RBI, including over 25 years in banking supervision
• Bank-supervision leadership change is relevant to Indian banks and regulated lenders

anup bagchi hdfc bank ceo rbi private bank ceos

• Anup Bagchi’s appointment as HDFC Bank CEO adds to recent external hires leading private banks
• The RBI is weighing continuity and independence as private banks select leaders
• HDFC Bank shareholders are exposed to the leadership change and its implications for the lender

RBI Governor cautions against risky lending by banks; says financial system stable as of now

PNB business update: Global business rises 12%, deposits grow 9.9% in H1 FY27

• PNB global business rose 12% and deposits grew 9.9% in H1 FY27
• Global advances grew 14.8% year-on-year in the six months ended September 2026
• Strong loan growth supports PNB earnings, while faster advances than deposits may influence funding costs

NCLT admits insolvency plea by Kotak Mahindra Bank against Unity Realty

• NCLT admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers
• The petition was filed over a claimed default
• The admission advances Kotak Mahindra Bank’s recovery process on its Unity Realty exposure

HDFC Bank succession settled; execution test awaits new CEO Anup Bagchi

• Anup Bagchi is HDFC Bank’s incoming CEO
• Deposit mobilisation, loan growth, margin recovery and senior management continuity are expected priorities
• Execution on deposits and margins will shape HDFC Bank’s outlook

PNB Q2 Update: Global Business Crosses Rs 31 Lakh Crore, Advances Surge 14.8%

• PNB's global business rose 12% year-on-year to Rs 31.2 lakh crore
• Domestic business grew 10.8% year-on-year to Rs 29.7 lakh crore
• Business growth may support Punjab National Bank's earnings and investor sentiment

Opinion | AI Will Be a Boon for Savers

• AI agents could move idle money into higher-paying accounts
• That shift could strain banks’ liquidity
• If adopted in India, automated deposit switching could pressure banks’ deposit funding and liquidity

PFRDA appoints Bank of Baroda as pension fund sponsor; bank becomes second PSU lender in business

• PFRDA appointed Bank of Baroda as a pension fund sponsor
• The appointment marks the bank’s entry into the pension fund business
• Pension-fund entry expands Bank of Baroda’s business scope

All Saturdays declared bank holidays? PIB Fact Check debunks fake notification

• PIB Fact Check debunked a fake notification claiming all Saturdays would be bank holidays
• Bank unions recently deferred a nationwide strike scheduled for September 28–30
• The clarification affects banks and their customers, but does not indicate a change to bank holidays

Standard Chartered joins major banks in betting on December ECB rate hike

Employees of private banks score over public sector banks in productivity

RBI clears Anup Kumar Saha as Kotak Mahindra Bank CEO for three years from January 1, 2027

• Saha joined Kotak in January 2026 and currently serves as a whole-time director
• Kotak shares rose almost 4% after the appointment announcement
• Leadership clarity may support sentiment toward Kotak Mahindra Bank shares

RBI allows one-time approval for eligible funds’ repeat bank stake acquisitions up to 10%

• Eligible mutual funds, insurers and pension funds can seek one-time approval for subsequent acquisitions up to 10%
• Prior approval remains mandatory for the initial acquisition
• Simpler stake-building rules may aid demand for Indian bank shares, including Bank of India

City of London Fears Windfall Tax on Domestic Banks in UK Budget

UBS faces Swiss exit or higher capital costs as opposition to its plan grows

• UBS faces a choice between leaving Switzerland and paying more capital under proposed rules
• The commentary argues UBS should make a positive case for staying Swiss
• Higher capital costs or relocation could affect UBS and global banking-sector sentiment