26 June 2026
Bankopedia Banking Digest — 2026-06-26 #90
- #1economic_timesneutral
Bandhan Bank Lifts Deposit Rates Amid RBI Pause
Bandhan Bank has raised fixed deposit rates by up to 20 basis points, offering senior citizens up to 7.95% on two-to-three-year tenures. The revision comes as banks compete for retail deposits even as the Reserve Bank of India holds the repo rate steady at 5.25%.
Bandhan Bank now offers senior citizens 7.95% on 2–3 year fixed deposits after latest rate revision.
banking_supervisionmonetary_policy - #2moneycontrolpositive
RBI Policy Sparks Foreign Rush Into G-Secs
Foreign inflows into Indian government securities via the Fully Accessible Route (FAR) have surged to ₹35,335 crore year-to-date, with June alone accounting for over 60% of that total at ₹20,722 crore. The renewed appetite follows the RBI's decision to expand the FAR universe to include ultra-long tenor bonds.
FAR inflows hit ₹20,722 crore in June alone, the highest monthly tally since March 2025.
government_securitiescapital_markets - #3economic_timesneutral
RBI Strengthens Pensioner Protections On Excess Payments
The RBI has amended its pension disbursement directions to bar banks from recovering excess pension payments without the pensioner's prior knowledge, consent, or written notice. Banks must now obtain a written undertaking from pensioners at account opening, committing them to voluntarily refund any overpaid amounts upon notice.
RBI bars banks from silently recovering excess pension credits without pensioner's consent or prior notice.
banking_supervisionregulation - #4economic_timesneutral
Suryoday SFB Seeks ₹500 Crore Capital Raise
Suryoday Small Finance Bank's board has approved plans to raise up to ₹500 crore through a combination of equity and debt instruments, with the enabling resolution valid for one year. The bank enters the fundraise from a position of capital strength, with a capital adequacy ratio of 20.5% against a regulatory minimum of 15%.
Suryoday SFB board approves raising up to ₹500 crore via equity or debt, valid for one year.
capital_marketsfinancial_inclusion - #5economic_timesneutral
RBI Closes UPI Credit's Regulatory Arbitrage Gap
The RBI has mandated that all credit facilities disbursed via UPI or any other payment mechanism must follow the same prudential norms — including capital adequacy, provisioning, and non-performing asset classification — as traditionally disbursed loans of the same type. The circular closes a regulatory arbitrage that allowed payment-linked credit products to attract lighter oversight.
RBI ends regulatory arbitrage: UPI-disbursed credit now attracts identical prudential treatment as traditional loans.
regulationdigital_bankingfintech - #6financial_expresspositive
Tata Sons Listing Question Left Unresolved
RBI's revised upper-layer Non-Banking Financial Company (NBFC) framework drops the 'access to public funds' criterion, offering Tata Sons partial relief from its regulatory burden. However, the Rs 1 lakh crore asset size threshold — the primary trigger for upper-layer classification — remains intact, leaving Tata Sons' mandatory listing question unresolved.
Tata Sons' listing dilemma persists as RBI retains Rs 1 lakh crore asset-size threshold for upper-layer NBFC classification.
banking_supervisionregulation - #7hindu_businesslineneutral
RBI Holds Steady Amid External Uncertainty
Reserve Bank of India Governor Sanjay Malhotra signals that a repo rate hike is premature, with the Monetary Policy Committee unanimously holding rates at 5.25% amid elevated uncertainty from the West Asia conflict. The MPC maintains a neutral stance, adopting a cautious wait-and-watch approach as inflation stays below 4%.
RBI holds repo rate at 5.25%, rules out near-term hike as inflation stays below 4% target.
monetary_policy - #8economic_timesneutral
Banks Fortify Defences Against Frontier AI Threats
Indian banks have submitted cyber defence action plans to the RBI, proposing greater code ownership, reduced third-party vendor dependence, and deployment of advanced Artificial Intelligence (AI) models to counter threats posed by frontier AI systems. The RBI had mandated board-approved gap assessments and time-bound action plans by end-June in response to qualitatively new AI-driven cyberattack capabilities.
Banks adopt four-pronged AI cyber defence strategy, prioritising code ownership and identity concealment against frontier AI threats.
banking_supervisionfintech - #9hindu_businesslinepositive
MFIN Leadership Signals Microfinance Sector Recovery
Microfinance Industry Network (MFIN) installs new leadership at its 17th Annual General Meeting, with Dibyajyoti Pattanaik as Chairperson and Gyan Mohan as Vice-Chairperson. Both officials signal improving portfolio quality and returning liquidity in the microfinance sector, emphasising responsible growth and client protection.
MFIN's new leadership signals microfinance sector recovery, citing stronger portfolio quality and returning liquidity.
financial_inclusioncredit_markets - #10financial_expresspositive
BSE Transforms Into Capital Market Infrastructure Powerhouse
BSE Ltd has evolved from a traditional stock exchange into a diversified capital-market infrastructure company, driven by explosive growth in index derivatives and multiple new revenue streams. Its financials reflect a dramatic transformation, with revenues rising eightfold and operating margins reaching 64% compared to its position five years ago.
BSE revenues grew 8x with 64% margins, driven by derivatives expansion and capital-market infrastructure diversification.
capital_markets - #11economic_timespositive
PSU Banks Bridge Street Vendor Credit Gap
The government has directed public sector banks to design a structured loan product of up to ₹1 lakh for street vendors, bridging the gap between the PM SVANidhi micro-credit scheme and the Pradhan Mantri Mudra Yojana. The initiative aims to help vendors build credit histories and graduate to larger formal loans.
PSU banks to create ₹1 lakh loan product bridging PM SVANidhi and Mudra schemes for street vendors.
financial_inclusioncredit_markets