Know What's Happening in Banking
Know What's Happening in Banking
IndusInd Bank sees deposits dip 2.6% YoY while advances fall 8.7% in Q4FY26
IndusInd Bank reported total deposits of ₹4,00,178 crore, down 2.6% year‑on‑year, and net advances of ₹3,15,154 crore, down 8.7% YoY. Deposits rose 1.6% sequentially, indicating a modest recovery amid a cautious lending environment.
Also developing:
By the numbers: Huntington Bancshares completes Cadence Bank acquisition
European Investment Bank approved a €90 million ($98 million) loan to the Port of Rotterdam Authority to fund shore‑power installations at three deep‑sea container terminals. The loan is complemented by a €70 million ($76 million) European Commission grant, bringing total public financing to roughly €160 million ($174 million). The project, managed by the Rotterdam Shore Power joint venture with Eneco, will install eight kilometres of quay infrastructure and 35 vessel connection points, with commissioning beginning in the second half of 2028. The initiative aims to eliminate auxiliary engine use, cutting emissions, noise and dependence on imported fossil fuels at Europe’s largest container hub.
Regulators worldwide are elevating enterprise‑wide financial crime risk assessments from a compliance formality to the core blueprint of AML/CTF programmes. The new standard demands assessments that are accurate, complete, evidence‑based and fully integrated with governance, controls and risk appetite. Generic...
You can run, but you can't hide: ECB to Start Fresh Checks on Banks’ Exposure to Private Credit https://t.co/nEqJE6yYDf
Financial crime fuels a massive global child sexual exploitation market, with an estimated half‑million Filipino children forced to produce content and 105 million abuse files identified worldwide in a single year. Demand originates mainly from high‑income Western economies, where offenders may...
Britain's government has introduced the toughest late‑payment reforms in the G7, tightening rules for large firms dealing with small suppliers. A new 60‑day payment cap and a statutory interest rate of 8 % above the Bank of England base rate will...
The European Central Bank is intensifying its focus on AI, tokenised finance, and cross‑border payment integration to boost euro‑area productivity and market efficiency. ECB officials estimate AI could raise total‑factor productivity by 0.2‑0.4 percentage points per year, with employee adoption...
The U.S. Securities and Exchange Commission issued an order on March 23, 2026 requiring a formal review of Egan‑Jones Ratings' application to resume rating asset‑backed securities (ABS) and government securities. The commission must decide by Aug. 12, 2026 whether to...
Liminal Custody and Swiss security firm Securosys announced the Liminal HSM Vaults, an institutional‑grade custody platform that blends multi‑party computation with certified hardware security modules. The solution targets banks, custodians and fintechs seeking FIPS‑level protection and policy‑driven authorization for digital‑asset...
A True North Mortgage survey shows 83% of Canadian homeowners have never missed a mortgage payment, yet more than one‑third report financial strain. Mortgage debt rose to roughly $1.44 trillion USD, a 2.6% year‑over‑year increase, while the national arrears rate stays...
Elder financial exploitation cost U.S. seniors $4.9 billion in 2024, prompting banks and credit unions to adopt a “shift left” strategy that intervenes earlier in the fraud kill chain. Speakers at RSAC 2026 urged financial institutions to break down cyber‑fraud silos,...
UK Finance has issued a forward‑looking roadmap urging the financial sector to move beyond narrow regulatory compliance toward a holistic strategy that safeguards London’s global hub status. It stresses that competitiveness now hinges on the UK’s unified common‑law framework, talent...
In this episode, host Jim and guest Marbu Brown explore why most banks claim to be customer‑centric but few are truly customer‑obsessed, citing research that obsessed customers are 88% more likely to repurchase and 42% likely to recommend a brand...
Thanks to UKI Acquirer Innovation Hub for hosting me last month. We had a great discussion about 'Discoverability in an Agentic World', exploring how agentic commerce will reshape payments and why providers might need to rethink how they differentiate. https://t.co/irpi0R2B2k
HSBC announced that David Rice will become its first Chief AI Officer on 1 April, reporting to Group CEO Georges Elhedery. The new role will steer enterprise‑wide AI adoption, including generative AI tools for staff and customer‑facing teams. Simultaneously, CTO Mario...
Market strategist Sameer Dalal labeled HDFC Bank a "screaming buy" despite heightened uncertainty in Indian equities. He highlighted the bank's 1.6× price‑to‑book valuation and current 10‑12% earnings growth, arguing the stock offers a meaningful margin of safety. Dalal downplayed governance...
UK government announced the toughest late‑payment crackdown in over 25 years, empowering the Small Business Commissioner with new investigative, adjudication and fine‑imposing powers. The reforms introduce a statutory 60‑day payment cap for large firms dealing with SMEs, mandatory interest at...
SL Green is on the cusp of securing a $1.7 billion commercial mortgage‑backed securities loan to refinance its fully‑leased One Madison office tower. The deal will retire $1.2 billion of construction debt, fund $136 million in reserves, and allow owners to cash out...
A wave of regional bank consolidations accelerated in early 2026, with 25 announced deals valued at $15.11 billion. The flurry of transactions is reshaping the competitive landscape and putting pressure on larger banks to defend market share.
Revolut has announced a major push into wealth and trading after securing a full UK banking licence, launching a dedicated division and a global hiring spree. The fintech is recruiting product owners and risk managers to build margin‑trading capabilities, a...
Activist investor Diligence Capital Management, owning 27,500 Eagle Bancorp shares, is urging the Maryland‑based lender to add three directors with bank‑turnaround experience and replace chairman James Soltesz. Eagle, a $10.5 billion‑asset bank, is still searching for a new CEO after a...
MariBank, the digital bank owned by Sea Limited and licensed by the Monetary Authority of Singapore, has introduced a new equity fund that lets customers invest as little as S$1 (about $0.77) in Singapore-listed stocks. The fund, launched in partnership...
Citigroup has created an Infrastructure Financing and Capital Solutions (IFCS) unit focused on the Asia‑Pacific region. The new group will address the growing demand for large‑scale infrastructure funding, especially projects tied to Belt and Road initiatives. Eric Farina and Rob...
The EU’s Digital Operational Resilience Act (DORA) now obliges banks, insurers and investment firms to maintain a tested, documented exit strategy for each cloud provider. Most financial institutions rely on provider‑specific services, creating lock‑in that makes compliance difficult. Upsun proposes...
Banks face costly legacy core systems that force a two‑year feature freeze when using traditional “Big Bang” cloud migrations. The freeze stalls product innovation and heightens compliance risk as regulators like DORA and PSD3 continue evolving. Upsun proposes a preview‑environment...
![[Targeted] GreenFi (Formerly Aspiration): Direct Deposit Bonus Of Up To $200 & 100 Trees](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://www.doctorofcredit.com/wp-content/uploads/2026/03/greenfi-200-direct-deposit-1.png)
GreenFi, the rebranded Aspiration, is rolling out a limited‑time promotion that rewards customers who set up a direct‑deposit stream of $500 or more per month with up to $200 cash and the planting of up to 100 trees. The bonus...
Avatar Financial Group LLC has extended a $16.1 million bridge loan to acquire and revitalize The Yukon, a 52,074‑square‑foot industrial campus in Hawthorne’s “Space Corridor.” The two‑year loan, structured at a 62 % loan‑to‑value ratio, financed the sponsor’s bankruptcy‑sale purchase and funded...
Cambridge Savings Bank, a depositor‑owned institution with $6.9 billion in assets, has bolstered its capital base and is now prepared to pursue regional acquisitions. Equity rose 16% to $703.5 million and deposits grew 3.6% to $5.57 billion, driven by its digital arm Ivy...
Simon Property Group and Institutional Mall Investors are set to close a $465 million refinancing loan for the Fashion Centre at Pentagon City, its adjacent Metro Tower office building, and the Ritz‑Carlton hotel. The five‑year, interest‑only loan, originated by Goldman Sachs,...
Money laundering and terrorist financing are often discussed together, but they are distinct financial crimes. Both fall under anti‑money‑laundering (AML) and counter‑terrorism financing (CTF) regulations, exploiting similar system vulnerabilities. The key difference lies in the source and purpose of funds:...
On March 11, the Commodity Futures Trading Commission and the Securities and Exchange Commission signed a memorandum of understanding to formalize coordination across their regulatory domains. The agreement creates a Joint Harmonization Initiative targeting product definitions, clearing and margin frameworks,...
Treasury Under Secretary Jonathan McKernan and Fed Vice Chair Michelle Bowman urged reforms to the liquidity coverage ratio (LCR), calling it an over‑corrected post‑crisis rule that hampers bank lending. They highlighted that roughly 25% of large banks’ balance sheets are...
UBS Group AG has been barred from offering range target profit forwards (RTPFs) to Swiss retail clients after the products caused deep losses for a small group of investors last year. The bank now limits RTPFs to professional investors and...
Mortgage servicer complaints surged in 2025, with the CFPB receiving 24,616 filings, up from the previous year. Trouble‑during‑payment complaints rose to 12,652 and struggle‑to‑pay complaints reached 5,962, reflecting growing borrower stress. Industry experts link the uptick to higher delinquencies, especially...
The Basel Committee on Banking Supervision issued a final technical amendment to the standardized approach for operational risk, clarifying the treatment of rental income from investment properties. The amendment, published on 23 March 2026, will be mandatory from 1 April 2029 and is incorporated...
On 23 March 2026 the FCA released a guidance document outlining good and poor practice for firms that design consumer segments for targeted support. The guidance builds on the FCA’s February 2025 policy statement and provides concrete examples on segment granularity, data use,...
A bunq survey of 1,000 Irish consumers reveals that 36% feel more honest discussing money with AI than with people, and another 37% are equally candid. Nearly half (49%) have already used AI to guide personal finance decisions, and one‑third...
Thirteen years after merchants gained permission to surcharge credit‑card transactions, the practice remains tangled in divergent rules from card networks and state regulators. Visa limits surcharges to 3% while Mastercard allows up to 4% but typically mirrors Visa’s cap, and...
Waivr, a Los Angeles‑based fintech founded by Brenna Curran and Carolina Nucamendi, offers a debit‑focused, account‑to‑account payment infrastructure for consumer‑to‑business transactions. The platform replaces traditional credit‑card processing with a real‑time payments API that validates bank credentials and transfers funds instantly. By...
PayPal has linked its Venmo service with its global PayPal network, enabling Venmo users to send and receive money in 90 countries. The integration comes with a promotional waiver of international transfer fees through August 24, 2026. PayPal says the move...
The SEC’s Post‑Quantum Financial Infrastructure Framework (PQFIF) has highlighted the four‑month deployment of QuSecure’s QuProtect platform at Banco Sabadell, executed with Accenture, as the first real‑world implementation precedent for post‑quantum cryptography in banking. The case study demonstrates that large financial...
Chicago Fed President Austan Goolsbee told CNBC he could envision the Federal Reserve raising interest rates if inflation accelerates amid the Middle‑East conflict, while also acknowledging the possibility of multiple rate cuts if price pressures ease. The Fed left policy...
The agentic commerce war is live. But how do you tell real adoption from bots inflating numbers? And what happens when a Nigerian prince scam targets your AI agent? Steven Ehrlich and Laurens Fraussen on Bits + Bips: https://lnkd.in/ekwK_zJ2
Roboadvisors: set it and forget it Agentic finance: set it and it never forgets The difference is memory, context, and execution across protocols
Seneca Mortgage Servicing sued Homespire Mortgage for refusing to fund a $376,147.06 Fannie Mae loan repurchase after a July 2025 put‑back notice. Seneca paid the agency on Homespire’s behalf in November 2025 and now seeks reimbursement, interest, and legal fees. The underlying...
ECB’s Lane says AI is another reason to finish the EU savings union https://t.co/JggeQpMoCN via @jrandow https://t.co/hnTKZ3Hv8V
“If a #smallbiz spends 30% to 50% of sales on purchases, and 1/2 those purchases can earn you points, and, on average, you earn 2% value on those points, you'll increase your businesses profitability by one percentage point.” ¬Credit Card...
JPMorgan Chase announced it will charge fintech firms for access to its customer data, upending a long‑standing practice of free data sharing that powered many digital‑banking services. The move reflects a broader shift as banks seek to monetize APIs and...
Why bank cards may be heading the way of the cheque book https://t.co/zaDaxd3u0O "digital wallets matter more for future growth" That's what I would have said had anyone asked me, which they didn't. https://t.co/gDOCm9u8sO
In banking, generative AI can create smarter customer experiences, reduce friction, and enable services that anticipate needs before the customer even asks. Branch Tomorrow is out now: https://t.co/7yibAIVrHK https://t.co/oPnuFIaxtu
CRED iQ’s loan analytics platform has recorded 1,249 CMBS loans receiving maturity extensions, representing roughly $115 billion of outstanding principal. Extensions now dominate workout activity, especially in the office sector, which accounts for 64% of the identified extension balance. Forbearance agreements...
