Banks
Wall Street is spending its big windfall on Wall Street
Banks are investing excess capital in expanding their Wall Street businesses.
4 min read04:49 PM ISTBanks scramble to meet RBI’s forex deadline, expect curbs to last months
Banks rushed to cut forex exposures to meet RBI’s NOP cap, hitting profits and disrupting strategies. While the move has stabilized the rupee, lenders expect the ‘temporary’ curbs to stay longer amid global uncertainties and continued currency volatility.
3 min read10 Apr 2026RBI tightens rules to speed up inward cross-border payments
Under the new rules, banks must alert customers immediately and reconcile nostro accounts at least hourly to reduce delays in crediting foreign transfers.
2 min read9 Apr 2026Home loan rates April 2026: SBI, PNB, BoB and other banks compared; 5 key tips to save money
Planning a home loan in April 2026? Check out SBI, PNB, BoB, Union Bank, Canara Bank, Bank of India, and UCO Bank rates, which could make or break your EMIs. Understand the significance of hidden fees, prepayment penalties, and 5 must-know tips before you apply.
2 min read9 Apr 2026Mint Explainer: Why SC allowed banks to tag fraud without oral hearings and what it means
The Supreme Court ruled that banks can classify accounts as fraud using written submissions instead of oral hearings, provided they share forensic audit reports with borrowers to ensure a fair and efficient process.
4 min read9 Apr 2026RBI plans overhaul of bank board framework to sharpen focus on risk and strategy
RBI suggests consolidating and simplifying board-level responsibilities, and clarifying what can be delegated
3 min read8 Apr 2026No systemic risk, says RBI on HDFC Bank chairman's sudden exit
RBI deputy governor Swaminathan J. called the development ‘entity-specific’ after Atanu Chakraborty’s departure sparked governance concerns at India’s largest private lender.
1 min read8 Apr 2026HDFC Bank, Kotak, IndusInd to Yes Bank: Banking stocks fall after Q4 business updates
Kotak Mahindra Bank and IndusInd Bank shares led the decline, falling over 2% each. This was followed by ICICI Bank, Punjab National Bank (PNB), and IDFC First Bank, which slipped more than 1% each.
2 min read6 Apr 2026Deposit constraints shadow banks in March quarter even as growth stays robust
Early business updates from 19 banks, excluding small finance banks, showed that only a few managed to shrink the gap between loan and deposit growth.
3 min read6 Apr 2026RBI bans hedge rebooking, tightens related-party rules to curb rupee speculation
Together, these measures aim to curb one-sided positioning in the rupee, which has been hitting successive record lows.
3 min read1 Apr 2026Wait for it…
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