Banks and SFBs Seek Transition Period for IRDAI Commission Reforms
Lenders mobilize through IBA and ASFBI to address IRDAI’s proposed insurance distribution reforms, citing risks to fee income and the need for a phased transition.
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YES Bank Asserts Coupon Discretion on Reinstated AT-1 Bonds
YES Bank evaluates coupon payments on ₹8,415 crore of AT-1 bonds following a Supreme Court ruling, citing inherent discretion in bond terms to manage capital and obligations.
Read articleUnion Bank Estimates ₹5,500 Crore Impact from ECL Transition
Union Bank of India projects a ₹5,500 crore impact from the shift to Expected Credit Loss (ECL) provisioning, setting a benchmark for PSU bank capital requirements.
Read articleSupreme Court Upholds Yes Bank AT-1 Write-off Quashing
The Supreme Court's decision to quash the Yes Bank AT-1 bond write-off restores a ₹13,000 crore liability, impacting capital ratios and future hybrid instrument valuations.
Read articleRBI Excludes Paytm Payments Bank from Scheduled Banks List
The Reserve Bank of India has formally removed Paytm Payments Bank from the Second Schedule, marking a final regulatory milestone in the entity's operational wind-down.
Read articleRBL Bank Projects 50-60% Drop in Bancassurance Fee Income
RBL Bank warns of a significant revenue hit to its insurance distribution business under proposed IRDAI norms, signaling a major shift for Indian bank-led insurance models.
Read articleRBI Forex Reserve Mandates: Impact on Private vs PSU Bank PBT
New RBI forex reserve mandates are projected to impact private bank PBT by up to 9%, significantly higher than the 5% forecasted for PSU lenders.
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