Category: Banking

Mumbai, July 17, 2025 — In a significant regulatory development, the Reserve Bank of India (RBI) has announced the inclusion of NSDL Payments Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934. This update was formalized through Notification No. DoR.LIC.No.S2196/16.13.215/2025-26 dated June 19, 2025, and was subsequently published in the…

Q1FY26 Banking Roundup: PSBs and Private Banks Report Strong Profits, Asset Quality Continues to Improve

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JOIN US FOR QUICK BANKING UPDATES July 20, 2025 — Indian banks posted a strong start to FY26 with healthy profit growth, improved asset quality, and stable credit performance despite global headwinds and rate cycle uncertainty. Here’s a comparative snapshot of five key players—ICICI Bank, Union Bank of India, Indian Overseas Bank (IOB), YES BANK,…

AU Small Finance Bank Posts ₹581 Cr Profit in Q1FY26, Deposits Jump 31%, Asset Quality Remains Strong

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Jaipur/Mumbai, July 19, 2025 — AU Small Finance Bank (AU SFB) reported a 16% year-on-year (YoY) increase in net profit at ₹581 crore for the quarter ended June 30, 2025 (Q1FY26), backed by robust income growth, disciplined expense management, and a 31% surge in deposits. Despite a seasonally soft quarter and a challenging macroeconomic backdrop,…

Indian Overseas Bank Reports Record ₹1,111 Cr Net Profit in Q1FY26, NPAs Drop Below 2%

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Chennai, July 20, 2025 — Indian Overseas Bank (IOB) has announced its highest-ever quarterly net profit of ₹1,111 crore for Q1FY26, registering a remarkable 75.57% year-on-year (YoY) growth. The public sector lender continues to show strong operational and asset quality performance, driven by growing business volumes and digital initiatives. 🔍 Key Financial Highlights (YoY Comparison):…

YES BANK Q1FY26 Net Profit Soars 59.4% YoY to ₹801 Cr, Maintains Asset Quality Stability

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Mumbai, July 19, 2025 — YES BANK reported a robust financial performance for the quarter ended June 30, 2025 (Q1FY26), registering a 59.4% year-on-year (YoY) increase in net profit to ₹801 crore. This marks the seventh consecutive quarter of profit improvement for the private sector lender. Key Financial Highlights: Net Profit: ₹801 Cr, up 59.4%…

Union Bank Posts 11.87% Profit Growth in Q1FY26;

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Mumbai, July 19, 2025 — Union Bank of India reported a strong financial performance for the quarter ended June 30, 2025 (Q1FY26), with net profit rising 11.87% year-on-year to ₹4,116 crore, driven by robust growth in the Retail, Agriculture, and MSME (RAM) segments, improved asset quality, and strong capital buffers. The bank’s total business stood…

RBI Extends Restrictions on Sarvodaya Co-operative Bank Ltd. Till October 15, 2025

Jul 15, 2025

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The Reserve Bank of India (RBI) has extended the regulatory restrictions on Sarvodaya Co-operative Bank Ltd., Mumbai for another three months, until the close of business on October 15, 2025. The extension is issued under the powers granted to RBI by Section 35A read with Section 56 of the Banking Regulation Act, 1949. This latest…

Big Opportunity for Fixed-Income Investors: Govt to Auction ₹27,000 Cr Worth of G-Secs on July 18

Jul 15, 2025

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Here’s how you can benefit from the upcoming RBI auction of Government Securities If you’re looking for a safe and stable investment option backed by the Government of India, mark your calendar: July 18, 2025. That’s when the RBI will auction two high-value Government Securities (G-Secs) worth a combined ₹27,000 crore. This is a great…

Driving India on Credit: 42.4 Lakh Cars Bought on Loans in FY25

Jul 14, 2025

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