indian banks

Moody's Ratings has identified indian banks as highly exposed to Middle East crisis risks due to the nation's significant energy import dependence. Sustained high oil prices could pressure inflation, interest rates, and borrower cash flows, impacting loan quality. Despite these challenges, indian banks possess adequate capital and provisioning buffers to absorb potential credit losses.

One, reduce or scrap tax on foreign capital, to get it out of flight mode. That will shore up rupee also. Two, end tax disparity between bank deposits and capital gains, to lower lending rates

South Indian Bank has invited online applications for 16 IT positions across Scale I, II and III categories. The recruitment includes roles such as Software Developer, Database Administrator, Network Admin Support, Project Manager and Production Support Lead. Applications opened on May 15, 2026, and will close on May 25, 2026. Candidates must apply only through the bank’s official website. The selection process will include shortlisting followed by preliminary and/or personal interviews for eligible candidates.

Overseas Indians withdrew nearly $2 billion more than they deposited in Indian bank accounts in March, driven by a fall in Non-Resident External Rupee Accounts and Non-Resident Ordinary accounts. This trend, linked to geopolitical uncertainty from the Iran war, saw total NRI deposits decline to $165.65 billion.

India's UPI transactions reached record highs in May, with 23.2 billion transactions valued at Rs 29.90 lakh crore. This growth, driven by summer travel and seasonal spending, signifies a healthy upward trajectory for the digital payments ecosystem. Future expansion is anticipated through Credit-on-UPI and cross-border initiatives.

Union Education Minister Mr Dharmendra Pradhan held discussions with senior officials of SBI, Bank of Baroda, Canara Bank and Indian Bank to overhaul the CBSE payment gateway system following recent technical issues faced by students. The meeting focused on strengthening payment protocols for post-examination services, including re-evaluation and answer sheet photocopies. The banks were asked to introduce faster grievance redressal, real-time monitoring and automatic refund systems to ensure secure and smooth digital transactions for students.

Uttar Pradesh has significantly bolstered its cybercrime response with the inauguration of an expanded Cyber Fraud Mitigation Centre and upgraded 1930 Cyber Helpline. Now boasting 80 operator seats, the facility aims to expedite the freezing of fraudulent transactions and recovery of victims' funds.

CBSE has extended the deadline for Class 12 students to apply for scanned copies of their evaluated answer sheets until May 25, 2026, to provide sufficient time. The board also announced that re-evaluation dates will be released soon. This extension follows a directive to improve payment and re-evaluation systems after technical glitches were reported.

Union Education Minister Dharmendra Pradhan addressed concerns over CBSE Class 12 evaluation discrepancies, assuring no one would be spared if irregularities are found. He criticized Rahul Gandhi's frustration over electoral defeats, accusing him of opposing India's scientific progress. Pradhan emphasized the government's commitment to student well-being and transparency in the digital evaluation system.

CBSE has refuted claims of a security breach in its On-Screen Marking system, stating the compromised portal was a mere testing site with sample data. This clarification follows a student's allegations of "critical vulnerabilities." Separately, the board acknowledged a technical glitch in a student's answer sheet mix-up, which has since been rectified.

Indian bank branches see most frequent visits from entrepreneurs, rural customers, and the affluent, driven by cash transactions and advisory needs. Younger, digital-native users are least likely to visit, preferring online services. Despite rising mobile adoption, demand for enhanced digital support and continued branch relevance for complex interactions is evident.

Arundhati Bhattacharya, Naina Lal Kidwai, Chanda Kochhar, Shikha Sharma were all leading some of the country’s largest financial institutions. Today, a striking number of global capability centres run in India by American, European and British banks and financial services firms are led by women. These centres span everything from core banking technology and risk management to advanced analytics and operations, supporting some of the world’s largest financial institutions and increasingly shaping how they function globally

A recovery agent was fatally shot inside an Indian Bank branch in Aurangabad on Friday. The incident occurred when a security guard's firearm discharged under unclear circumstances. While the guard claims it was an accident during cleaning, the deceased's family alleges deliberate firing. Police have taken the guard into custody and are investigating the exact cause of the shooting.

RBI Governor Sanjay Malhotra urged indian banks to become global market-makers, aiming to bring rupee price discovery onshore. This move seeks to counter offshore non-deliverable forward markets' influence on the rupee and reduce arbitrage. Malhotra also highlighted the need for improved liquidity in government securities and expanded access to the FX retail platform for fair customer deals.

Indian Bank's online application window for Specialist Officer (SO) Recruitment 2026 closes tomorrow, April 28th. Aspiring candidates for various Scale I, II, and III officer roles, including IT, Accounts, and Marketing, must submit their applications by the deadline. This drive aims to fill 350 vacancies across multiple departments. Ensure all details are accurate before final submission.

The Delhi High Court has frozen businessman Sunjay Kapur's Rs 30,000-crore estate, placing the onus on his wife Priya Kapur to disprove suspicions surrounding his purported will. The court stated that Priya must remove all doubts before the will is accepted, protecting the interests of Sunjay's children from his previous marriage to Karisma Kapoor.