1:10 PM
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As 2026 begins, Indian banks will observe numerous national and state-specific holidays, impacting branch operations. Customers should consult the bank holiday calendar to avoid disruptions for in-branch transactions, though digital services remain accessible. Key closures include January 3rd for Hazrat Ali's birthday in Uttar Pradesh and January 26th for Republic Day nationwide.
7:10 AM
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The rupee weakened on Friday, falling below 90 per dollar due to importer demand and low liquidity. Markets are closely watching the Reserve Bank of India's intervention strategy and global risk factors. The currency's lowest close in two weeks signals a significant breach of the 90 level.
9:10 AM
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Banks can now independently manage National Pension System (NPS) assets, as PFRDA approved a framework to boost competition and protect subscribers. Eligible banks must meet stringent net worth and soundness criteria. Additionally, the regulator revised investment management fees for pension funds and appointed new trustees to the NPS Trust Board, including former SBI chairman Dinesh Kumar Khara as chairperson.
8:10 AM
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12:10 AM
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The Reserve Bank of India's Financial Stability Report highlights emerging structural pressures in the insurance sector, noting that premium growth is increasingly driven by high-cost distribution strategies rather than operating efficiency. While the sector remains stable in the near term, elevated expenses could weaken profitability and necessitate a shift towards cost rationalization and technology-enabled distribution for long-term resilience.
12:10 AM
Blogger
Banks can now independently manage the National Pension System (NPS) as the PFRDA approves a new framework to boost competition and protect subscribers. This move, alongside revised investment fee structures and new NPS Trust board appointments, aims to create a more robust and competitive pension ecosystem for improved retirement security.
9:10 PM
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The Reserve Bank of India announced that 98.41% of the Rs 2,000 banknotes, initially valued at Rs 3.56 lakh crore, have been returned to the banking system. As of December 31, 2025, only Rs 5,669 crore of these notes remain in circulation.
5:10 AM
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India's financial stability report for 2026 highlights domestic resilience amidst global uncertainty. While the banking system is sound, deeper financial linkages between banks and NBFCs amplify contagion risks. External spillovers from geopolitical and trade tensions, coupled with volatile global markets, pose the primary threats, impacting the rupee and increasing market stress.
4:10 AM
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Indian banks are in their strongest position in over a decade, with stress tests indicating improved bad-loan ratios and sufficient capital even under extreme economic downturns. The Financial Stability Report projects gross NPAs to fall to 1.9% by March 2027, reaffirming the banking system's resilience against adverse scenarios.
7:10 PM
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India's economy is set for robust growth, propelled by strong domestic demand and investment, even amidst global uncertainties. Reserve Bank of India Governor Sanjay Malhotra emphasized the central bank's commitment to financial stability, consumer protection, and responsible innovation.
5:10 PM
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1:10 PM
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Financial assets in 2026 will be shaped by central bank actions and trade deal prospects, amidst expected volatility. Investors should approach stocks with caution, while gold and silver are poised for continued gains. Mutual funds are set to cross $1tn AUM, and bond yields may rise.
10:10 AM
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As 2025 concludes, Indian banks will observe varied closures on December 31 and January 1. Mizoram and Arunachal Pradesh will shut on New Year's Eve, while several other states, including Tamil Nadu and West Bengal, will close on January 1 for New Year's Day and local festivals. Digital banking remains accessible for essential transactions.
8:10 AM
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7:10 AM
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The RBI is intensifying efforts to combat financial fraud and bolster customer protection. Banks are directed to expedite KYC updates, especially in rural areas, and avoid arbitrary rejections. New guidelines are forthcoming to tackle mis-selling, while advanced technologies like MuleHunter.ai are being deployed to counter sophisticated cyber threats and enhance digital financial literacy.
12:10 AM
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The number of ATMs in India has decreased as digital payments gain traction, reducing the need for cash withdrawals. While private and public sector banks reduced their ATM networks, white label operators expanded. Bank branches, however, saw growth, particularly in rural and semi-urban areas, with basic savings accounts also increasing.
6:10 PM
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1:10 PM
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The United States remains the top debtor of Taiwan banks for the 41st straight quarter. This means the U.S. owes more money to Taiwanese banks than any other country. According to a report by Focus Taiwan, this trend has continued for more than ten years without any change at the top spot.
12:10 PM
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Stock market recommendations: Sudeep Shah, Head - Technical Research and Derivatives at SBI Securities recommends buying Karur Vysya Bank, and Gujarat Mineral Development Corporation.
8:10 AM
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Indian Overseas Bank plans to raise Rs 4,000 crore via a qualified institutional placement in Q4 FY26. This significant fundraise, potentially the bank's largest in a decade, will further dilute the Union government's stake by an estimated 3% to 3.5%.
5:10 PM
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Government mandates public sector banks and financial institutions to promptly report vigilance issues concerning directors. Delayed or incomplete disclosures of adverse information, including private complaints and court observations, have been noted.
4:10 PM
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Seven of India's top ten companies experienced a combined market capitalization loss of Rs 35,439.36 crore in a holiday-shortened week, despite the broader market index closing higher. SBI, Reliance Industries, and Bajaj Finance saw the steepest declines, while HDFC Bank, Infosys, and Bharti Airtel posted gains.
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