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
The CFTC released FAQs on March 20, 2026 clarifying how registered firms can use cryptocurrency as collateral in futures, swaps and clearing activities. FCMs may accept qualified non‑security crypto—primarily Bitcoin, Ether and payment stablecoins—subject to haircuts, a three‑month limitation, and weekly WinJammer reporting. DCOs gain permission to use crypto for initial margin, while swap dealers remain barred from using crypto for uncleared swaps. The guidance also outlines capital charges: 20% for Bitcoin/Ether and 2% for stablecoins, aligning with SEC expectations.
Kaspersky’s GReAT team has detailed the GoPix banking Trojan, a Brazilian‑origin threat that has logged roughly 90,000 infection attempts since 2023. The malware spreads through sophisticated malvertising on Google Ads, impersonating services like WhatsApp and Correios to lure high‑value victims....
The Bangko Sentral ng Pilipinas (BSP) has broadened digital access to the Personal Equity and Retirement Account (PERA) through its Open Finance for PERA Pilot. Customers of GCash operator G‑Xchange, UnionBank, Philippine National Bank and RCBC can now open PERA...
This Nigerian immigrant exposed America's biggest scam. When he discovered millions of renters aren't allowed to buy homes... He built a $1+ BILLION empire that turns rent into credit scores. Here's why banks across America are nervous:
HSBC Holdings is weighing the elimination of roughly 20,000 positions – about one‑tenth of its global staff – as it accelerates AI adoption across middle and back‑office operations. The plan, still in early evaluation, could reshape the bank’s cost structure...
Absa has issued a broad warning about phishing scams that distribute fake e‑statement links and counterfeit account‑security alerts. The messages mimic the bank’s branding, use spoofed email addresses and unrelated URLs such as pouiyt.tech, and lure customers into entering login...
Private credit has ballooned to $1.7 trillion. Most loans were underwritten when rates were near zero and oil was at $60. Now rates are 3.5%+ and oil is approaching $100. The assumptions underlying those deals no longer hold. When defaults start, they...
Here's what people miss about agentic finance: Neobanks optimized for human decisions Agents optimize for removing decisions entirely Different paradigm Different infrastructure Different winners The future is ambient, autonomous, invisible
The Financial Stability Coordination Council (FSCC) affirmed that the Philippine banking system remains resilient, backed by strong capital and liquidity. However, the council warned that rising corporate debt, expanding consumer credit, and growing exposure to large conglomerates could heighten systemic...
Norway’s central bank will boost transparency of its monetary policy decisions from next week, expediting the plan after a year of close scrutiny into the credibility of its communications https://t.co/CJDFluoCJ1 via @ottummelas https://t.co/pdSQh8A1U6
Caixin: "Driven by a regulatory crackdown on risk in the financial system, China's multitrillion-dollar trust industry is being forced to abandon its old, highly profitable model of funneling funds into non-standard debt for real estate projects and local governments." https://t.co/eN5eDafjR4
The FCA reminded regulated firms to conduct proper due diligence when dealing with unregulated lenders, safe‑custody providers, money brokers and financial leasing companies, known as Annex 1 firms. About 1,200 Annex 1 firms are registered solely for anti‑money‑laundering (AML) purposes and are...
Middle East conflict threatens to disrupt vital remittance flows: As Iranian strikes on Gulf energy and finance targets enter their fourth week, attention is shifting to how a protracted conflict may impace remittance flows from the region. @TheBanker: https://t.co/4x3Ae5yVhD https://t.co/vPgl44Nolf
China's central bank will add twelve new banks to the e‑CNY programme, expanding the roster from ten to twenty‑two institutions. The new participants include major joint‑stock banks such as China Everbright and city commercial banks like Bank of Ningbo. The...
The Federal Reserve announced a third‑party review of the March 2023 Silicon Valley Bank collapse, citing evidence of supervisory and management failures dating back to 2022. Vice Chair for Supervision Michelle Bowman said the external audit will examine all events...
Regulators proposed Thursday letting banks hold less capital, freeing billions for lending, while critics say it increases risks of crises and bailouts.
Citibank announced that, effective April 19 2026, its Premium ThankYou Rewards cards will transfer points to Choice Privileges at a 25 percent reduced rate and to Preferred Hotels I Prefer at a 50 percent reduced rate. The former moves from 1,000 ThankYou points for 2,000 Choice points to 1,500,...
JP Morgan Chase settled a SEBI case over foreign portfolio investor (FPI) rule breaches by paying Rs 34.42 lakh. The regulator found the bank issued Category II licences to four UK FPIs not registered with the FCA and later re‑classified them without verification. Additionally,...
Personal loans and home‑equity loans are both fixed‑rate installment options, but they differ in security, rates, and term lengths. Personal loans are unsecured, require lower credit scores, and typically offer 12% interest over one to seven years, while home‑equity loans...
TLDR: RETAIL IS FXCKED - Banks are scared that yield on stablecoins will "siphon" deposits and do not want to give retail 4-5% YEILD - Allegedly, crypto firms will be BANNED from using terms like "interest" or "yield" for stablecoin rewards, limited...
Santander Brasil announced that Gilson Finkelsztain, currently CEO of Brazil's stock exchange B3, will take over as its chief executive by July, succeeding Mario Roberto Opice Leão. The transition, outlined in a U.S. SEC filing, will occur after Leão steps...
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Investopedia’s March 2026 roundup identifies the top high‑yield business savings accounts, with Meritrust Credit Union’s Premier Money Market Earnings leading at a 4.00% APY. Three additional institutions also offer the same rate, while others range down to 2.75% APY. The list...
Banking experts welcomed the White House’s decision to delay a Trump administration proposal that would have required banks to collect customers’ citizenship information. The mandate, seen as an extension of immigration enforcement into financial regulation, raised concerns about massive customer...
Chainalysis reports that banks are moving beyond theoretical discussions to concrete stablecoin deployments. Executives have settled on three primary models: issuing proprietary tokens, partnering with existing providers, or embedding stablecoins into current payment and treasury systems. The critical hurdle now...
This #WeekendReading: U.S. District Court has formally put an end to the Biden-era Retirement Security Rule (aka "Fiduciary Rule 2.0") after the Trump administration's Department of Labor elected not to defend the rule against lawsuits led by groups representing product...
India revised the interest subvention rules for export credit effective Jan 2, 2026. The benefit now ceases when a loan is classified as a non‑performing asset and the Unique Identification Number cannot be transferred to another bank. Exporters must keep total...
Mortgage lenders operate under intense regulatory scrutiny, cyber threats, and capital pressure, yet many still rely on fragmented governance and legacy systems. Recent enforcement actions, such as Bayview’s $26 million data‑breach settlement, highlight the financial and reputational costs of inadequate risk...
The European Union has formally invited Turkey to join the Single Euro Payments Area (SEPA), a move that could tighten economic ties and lower cross‑border transaction costs. Over the past year, Albania, Moldova, Montenegro and North Macedonia joined, bringing SEPA...
Bank Hapoalim's U.S. arm, BHI, has issued an $88 million bridge loan to finance the conversion of 845 Third Avenue, a 21‑story Midtown East office tower, into a 529‑unit residential building. The loan is part of a broader recapitalization that also includes...
U.S. banks Custodia and Vantage have launched tokenized deposits that will be used in Participate, a loan‑participation network spanning roughly 600 financial institutions. The SEC also approved Nasdaq’s plan to settle trades of major equities and ETFs with tokenized securities,...
Bank of North Dakota is launching Roughrider Coin, a stablecoin designed for wholesale, bank‑to‑bank payments, in partnership with Fiserv’s digital‑asset platform. The initiative demonstrates how a state‑owned, mid‑tier bank can create an instant payment rail without building the technology from scratch....
The Global Credit Risk & Debt Recovery Conference 2026 will convene July 1‑2 in Dubai’s Mövenpick Grand Al Bustan. Senior leaders, decision‑makers and innovators from banks and financial services will gather for two days of insight. More than 25 expert...
Stripe has launched Tempo, a new blockchain platform designed to power autonomous AI‑driven payments. Built with digital‑asset firm Paradigm, Tempo’s mainnet already supports over 100 integrated services and aims to handle high‑volume cross‑border payouts, remittances, and tokenized deposits using stablecoins....
Global cloud banking platform Pismo and payments giant Visa have partnered with Australian fintech Vivi Money to launch an AI‑native payments solution in Australia. Built from the ground up with artificial intelligence, the platform delivers adaptive, real‑time services such as...
Sygnum’s off‑exchange custody platform, Sygnum Protect, has crossed the $1 billion asset threshold, reflecting a 900% year‑on‑year surge driven by institutional appetite for secure crypto exposure. Launched with Binance and later expanded to Deribit and Bybit, the service links users to...
Ripple is deepening its footprint in Brazil by launching a broader suite of enterprise blockchain solutions and seeking a Virtual Asset Service Provider (VASP) licence from the Central Bank. The move adds major banks and fintechs such as Banco Genial,...
The Financial Conduct Authority (FCA) issued a public notice concerning Propiteer Capital PLC, highlighting the firm’s regulatory status and recent compliance actions. The posting, shared via Crowdfund Insider on March 20, 2026, links directly to the FCA’s official website for...
Targeted credit‑card offers, sent directly to select consumers, can yield higher bonuses than public promotions. The article outlines practical steps to increase the likelihood of receiving such offers, including opting into email and mail communications, regularly checking pre‑qualified offers through...
The FDIC has rescinded its 2009 rule that barred private‑equity firms and other non‑bank entities from bidding on failed banks. The change, prompted by the rapid failures of Silicon Valley Bank, Signature Bank and First Republic in 2023, is intended...
In this episode, host Josh Dattar chats with JB Orecchia, founder and CEO of Savvy Money, about how identifying inefficiencies in lending and insurance creates business opportunities, and how AI can reshape credit scoring and consumer trust. JB shares his...
Did you know banks sell your debt for 10 cents on the dollar? Then collectors harass you for 100% of it. Michael Sheen entered this market in 2023. But instead of collecting, he erased everything. Here's how ONE man exposed the BILLION-dollar scam freeing...
In a recent interview, M&T Bank CEO Rene Jones outlined how regional banks are navigating a higher‑interest‑rate environment and tighter credit conditions. He highlighted M&T’s focus on disciplined loan growth, bolstering deposit stability, and accelerating digital transformation to improve cost...
A 6.50%+ 30-year fixed mortgage rate is coming today. Crazy we had sub-6% rates less than a month ago. It's going to get worse before it gets better.
Citibank Is Slashing Points Transfers To Two Partners April 19 — One Drops 25%, The Other 50% - View from the Wing https://t.co/rX89tynL3G
Digital isn’t optional anymore. If your onboarding experience doesn’t match the simplicity customers get elsewhere, they won’t wait. They’ll move on to someone who makes it easy. https://t.co/ov1HBogOPj
Our mortgage system sucks. One under appreciated reason why is that it reduces labor market flexibility. People won’t move to a better job b/c they are locked into a low priced mortgage. Here’s the danish fix:
That’s just not true for us. @bankonroger savings is currently 3.61 APY & we adjust with Fed Funds movement. No gimmicks or fees. We do have a cap where interest over 250k is more limited (opposite from most) to contain...
Just joining the complex Apple Card ecosystem? It's smart to learn how to move your money around, including funding your Apple Cash. Here's a primer that explains how everything interrelates and how to maximize your rewards: https://t.co/ZPP9OBmIZw #applecard #applecash #banking...
PayPal Scales PYUSD Stablecoin to Reach 70 Countries | https://t.co/ApQ8VoYEl2 https://t.co/RGyJzshUXi YouTube creators can get paid in PYUSD (rolled out for US users)
This is a really damning bit of investigative journalism about a Potemkin compliance startup. Hat tip to Byrne. the spectral signature is not a subtle one, and one wonders whether all companies which paid them were actually defrauded. https://t.co/upQRuWAusZ
