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IndusInd Bank names Sunil Kumar Singh chief compliance officer from April 30 2026

IndusInd Bank names Sunil Kumar Singh chief compliance officer from April 30 2026

IndusInd Bank has appointed Sunil Kumar Singh as its new Chief Compliance Officer, effective April 30, 2026. He will succeed Sachin Patange, whose term ends on April 29, 2026. The board approved the move, and Singh will take on the role as Senior Management Personnel for a three-year term.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

RBI slaps Bandhan Bank with penalty over risk review and director loan lapses

The RBI has imposed a penalty on Bandhan Bank, citing failures in periodic risk categorisation reviews for certain accounts. The regulator also pointed to sanctions of director-related loans. Separately, the RBI has penalised Muthoot Housing Finance Company as well, underscoring stricter oversight on banks and housing lenders’ risk and related-party lending compliance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Actis starts 2 billion sale of BluPine Energy to reshape India renewable bets

Actis starts 2 billion sale of BluPine Energy to reshape India renewable bets

Actis has kicked off the $2 billion sale of BluPine Energy, its 4 gigawatt Indian renewable platform. Standard Chartered Bank is advising the transaction as investors continue seeking exits in a steady renewables deal market. The move follows Actis’s prior successful India sales of renewable assets, signaling sustained churn in the sector.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IndusInd Bank swings to Rs 533 crore profit vs loss, declares final dividend of Rs 1.5 per share

IndusInd Bank swings to Rs 533 crore profit vs loss, declares final dividend of Rs 1.5 per share

IndusInd Bank reported a standalone net profit of Rs 533 crore in Q4, reversing a year-ago loss of Rs 2,236 crore. While profit dipped sequentially, the lender still declared a final dividend of Rs 1.5 per share. The results mark a sharp turnaround and signal improving fundamentals for the bank’s earnings trajectory.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank deposits can fuel emissions so Indian public banks face climate risk now and longer term

Bank deposits can fuel emissions so Indian public banks face climate risk now and longer term

Indian public-sector banks are highly exposed to climate risk because their lending is concentrated in energy, metals, and mining. While a few banks have started taking small steps, many still under-assess how climate change affects their portfolios and fail to manage the environmental impact of their operations—leaving deposits indirectly linked to rising emissions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
SVB collapse raises urgent questions for clients worldwide including India and their legal exposure

SVB collapse raises urgent questions for clients worldwide including India and their legal exposure

Silicon Valley Bank’s sudden collapse is sending shockwaves across global finance, with clients in multiple jurisdictions now asking what legal risks may follow. From contract and creditor questions to regulatory and dispute pathways, the fallout could affect businesses tied to SVB internationally, including India. Legal experts are urging clients to review agreements, claims timelines, and governance obligations as investigations and settlements unfold.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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SBI chairman predicts AI will overhaul financial markets risk and infrastructure from clearing to resilience

SBI chairman predicts AI will overhaul financial markets risk and infrastructure from clearing to resilience

State Bank of India chairman CS Setty says AI is set to revolutionize financial market infrastructure. He expects major changes in how risk is handled, with clearing organizations like Clearing Corp of India moving from post-trade processing to earlier, pre-emptive risk management. As systems digitize and scale, Setty stresses that cybersecurity and operational resilience must remain central.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian banks brace for 11 to 13 percent credit growth despite tough years ahead

Indian banks brace for 11 to 13 percent credit growth despite tough years ahead

A survey of bankers suggests India’s banks are set for robust non-food credit growth of about 11–13% in January–June 2026. Improving balance sheets and steady economic activity are expected to lift lending, with retail and SME segments driving most of the expansion. Industrial credit is projected to recover more gradually, while monetary policy is widely seen as likely to stay stable.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Yes Bank tells courts it expects no major impact after AT1 verdict nears

Yes Bank tells courts it expects no major impact after AT1 verdict nears

The Supreme Court has concluded hearings in the Additional Tier-1 (AT1) bond write-down case involving Yes Bank, with a verdict expected soon. After the bank’s near-collapse in 2020, around ₹8,415 crore was written down, triggering lawsuits by investors. Yes Bank says it does not anticipate a material financial impact from the ruling.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India bank credit growth expected to beat deposits again in FY27 despite CASA slide

India bank credit growth expected to beat deposits again in FY27 despite CASA slide

Analysts expect India’s bank credit to expand faster than deposits in FY27, with credit projected at 12–14% versus deposits at 10–12%. The outlook continues a pattern seen for more than a decade, raising liquidity management challenges. Revised liquidity norms could help, but falling CASA ratios remain a key risk to profitability.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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15 banks cleared to import gold and silver for three years starting 2026

15 banks cleared to import gold and silver for three years starting 2026

India has authorized 17 banks to import gold and silver for a three-year window beginning April 1, 2026, with validity until March 31, 2029. The government move is aimed at clearing a customs clearance bottleneck that had stalled shipments. Importers can now expect smoother processing and more predictable precious metals trade.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HDFC Bank shrugs off governance headlines as CreditSights sees stability and strong FY26 profits

HDFC Bank shrugs off governance headlines as CreditSights sees stability and strong FY26 profits

HDFC Bank delivered a strong FY26 with net profit up 10.9% to Rs 74,700 crore, backed by 12.1% loan growth, steady deposits, and best-in-class asset quality. Even after recent governance-related headlines and leadership changes, CreditSights expects no meaningful impact on the bank’s credit profile or stability. Gross NPAs eased to 1.15% and CET1 stayed robust at 17.3%.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
PNB partners with Kiwi to launch RuPay credit card with UPI support for 180 million users

PNB partners with Kiwi to launch RuPay credit card with UPI support for 180 million users

Punjab National Bank has teamed up with Kiwi to launch the RuPay-based PNB Kiwi Credit Card, bringing digital onboarding, UPI integration, and 0.5%–1.5% cashback. The bank says the partnership targets faster credit access for India’s expanding UPI users, with an emphasis on semi-urban and rural customers who are increasingly adopting UPI payments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI clears banks to fund domestic M and A deals reshaping corporate credit battle

RBI clears banks to fund domestic M and A deals reshaping corporate credit battle

The Reserve Bank of India has allowed banks to finance domestic mergers and acquisitions, updating capital market exposure guidelines and bringing regulation closer to global norms. The move is expected to expand credit availability, help banks regain market share from non-bank lenders, and push them to build specialized M&A advisory and underwriting capabilities to support corporate growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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RBI launches special audits to test whether Indian banks truly meet liquidity rules

RBI launches special audits to test whether Indian banks truly meet liquidity rules

The RBI has conducted special audits to verify whether Indian banks are meeting liquidity criteria, essentially checking that their balance sheets hold up under regulatory expectations. The move signals the central bank’s focus on compliance and risk monitoring, using targeted reviews to confirm banks are following liquidity rules rather than assuming they are.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government extends Bank of India and Bank of Baroda MD tenures by three years

Government extends Bank of India and Bank of Baroda MD tenures by three years

The government has extended the tenures of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda, by three years each. The Bank of India extension starts April 29, 2026, while Bank of Baroda’s begins July 1, 2026, allowing both executives to continue leading their banks through 2029.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI reverses key forex rules letting banks offer NDFs and rebook trades

RBI reverses key forex rules letting banks offer NDFs and rebook trades

The RBI has withdrawn its April 1 directive that limited banks from offering non-deliverable forward (NDF) contracts and prohibited rebooking of cancelled foreign exchange derivative trades. The change restores operational flexibility for lenders, enabling a smoother forex derivatives workflow and potentially improving market liquidity for hedging and trading.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI Credit Underwriting And Collections Could Reshape Banking Faster Than Many Expect

AI Credit Underwriting And Collections Could Reshape Banking Faster Than Many Expect

A new survey of 24 banks across segments points to growing optimism on credit expansion, with lenders expecting steady momentum in non-food credit. The bigger message: AI driven credit underwriting and collections are emerging as likely disruptors in banking, changing how lending decisions are made and how repayment is managed.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India to require reporting of offshore rupee trades despite lender pushback report reveals

India to require reporting of offshore rupee trades despite lender pushback report reveals

India is preparing a proposal that would require banks to report offshore rupee derivative trades, even as lenders push back against the plan, according to two sources. The move aims to boost transparency in a fast-growing offshore market that has intensified pressure on the rupee, potentially affecting how currency risks are tracked.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank mark to market losses loom as 10 year govt bond yields hit 12 month high

Bank mark to market losses loom as 10 year govt bond yields hit 12 month high

Rising sovereign bond yields are likely to trigger mark to market losses for Indian banks in the March quarter. Even as the RBI conducted open market operation purchases, 10-year government bond yields climbed to a 12-month high, driven by geopolitical risks and persistent inflation worries, pressuring banks’ bond portfolios.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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