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.

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.

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.

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.

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.

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.

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.

Delhi High Court has frozen the Rs 30,000-crore estate of late businessman Sunjay Kapur, placing the burden on his wife Priya Kapur to prove the legitimacy of his will. The court emphasized that suspicions raised by Sunjay's children from his previous marriage to Karisma Kapoor must be fully addressed before the will is accepted, safeguarding their rightful inheritance.

Karisma Kapoor's children and Sunjay Kapur's mother have filed legal cases against his widow, Priya Sachdev Kapur, alleging a forged will. The Delhi High Court has granted interim relief, restraining Priya from creating third-party rights over Sunjay's estate and preserving assets pending trial.

A nationalized bank has chartered the entire Palace on Wheels luxury train for a five-day royal journey, showcasing immense confidence in India's banking sector. This unprecedented move, booked during the peak summer season, highlights the train's evolution into a premier corporate and institutional choice, setting a new trend for high-level events and boosting Rajasthan's tourism.

Finance minister Nirmala Sitharaman has directed banks to bolster cybersecurity against advanced AI threats, including those posed by Anthropic's 'Claude Mythos'. Emphasizing proactive measures and real-time threat sharing, she urged banks to collaborate, hire top professionals, and leverage AI for defense, ensuring robust protection of customer data and financial assets.

A softer rupee is making remittances worth more in India. But even foreign-currency deposits are rising, showing NRIs are choosing indian banks for more than just the exchange rate. Richa Gandhi explains