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
BDx Data Centers has closed a $320 million loan facility led by Bank Permata, BCA and KB Bank to fund its Indonesia expansion. The financing will support the AI‑focused CGK3 campus in Jakarta, upgrade high‑voltage power at the CGK4 and CGK5 sites, and refinance existing debt on better terms. BDx, owned by I Squared Capital, aims to grow its APAC portfolio to 1 GW, leveraging liquid‑cooling technology for ultra‑high‑density GPU workloads. The deal underscores strong lender confidence in BDx’s strategy to build “AI factories” across the region.
Facephi has signed a five‑year deal with an unnamed Central American bank to deploy its mule‑account detection and behavioral biometrics platform across the institution’s operations. The solution will monitor the full customer lifecycle, targeting synthetic identities, organized fraud networks and...
On April 1, 2026, the European Investment Bank approved a €60 million (approximately $65 million) framework loan to support Andorra’s energy transition. The first tranche of €30 million has already been disbursed to finance renewable generation, grid upgrades, and district heating and cooling...
The Financial Conduct Authority has approved higher award limits for the Financial Ombudsman Service, effective 1 April 2026. The maximum payout for complaints arising from actions on or after 1 April 2019 will rise to £455,000 (approximately $580,000), while older complaints will see a...
On 1 April 2026 the Bank of England published the record of its Financial Policy Committee meeting held on 27 March 2026. The minutes provide a detailed account of the committee’s assessment of financial‑system risks, macro‑prudential policy settings and upcoming regulatory priorities. By releasing...
Stablecoin Firms Bet Big on AI Agent Payments That Barely Exist Stripe co-founder Collison projects "torrent of agentic commerce" on crypto rails: 24/7 settlement at <$0.01 per transaction = structural advantage vs card networks on micro-payments. Reality check: x402 volumes dropped...
On 1 April 2026 the Bank of England released its Systemic Risk Survey for the first half of 2026, gathering responses from 57 firms – a 66 % participation rate. Respondents expressed unchanged confidence in the stability of the UK financial system compared...
On April 1, 2026 the Bank of England and the Prudential Regulation Authority issued a formal response to a joint letter from the Chancellor, the Secretary for Science, Innovation and Technology, and the Secretary for Business and Trade. The BoE/PRA pledged to...
On 1 April 2026 the FCA and PRA released a joint Consultation Paper proposing to scrap the 15% high loan‑to‑income (LTI) cap for individual lenders while keeping the aggregate exposure at roughly 15%. The regulators suggest firms can set their own high‑LTI...
Federal Reserve Governor Michael Barr warned that the current deregulatory push, especially cuts to the Consumer Financial Protection Bureau, could trigger a systemic "race to the bottom." He highlighted that the CFPB has lost roughly one‑third of its workforce, eroding...
The U.S. Treasury has opened a notice‑and‑comment rulemaking to solicit feedback on implementing the GENIUS Act, which legalizes payment stablecoins. The agency proposes that issuers with up to $10 billion in outstanding stablecoins may be regulated at the state level if...
Bank of Hope announced an all‑cash acquisition of SMBC Manubank’s California commercial banking unit, adding eight Southern California branches, roughly $2.5 billion in commercial and CRE loans and $2.7 billion in deposits. The deal, slated to close in the second half of...
Trustmark announced that longtime finance chief Thomas Owens will become chief operating officer on May 1, while industry veteran Joseph Bond will take over as chief financial officer. Owens, a 13‑year Trustmark veteran, previously served as CFO since 2021, overseeing capital...
Knightvest Capital secured an $81 million five‑year floating‑rate loan from Mesa West Capital to refinance the 313‑unit Domain Memorial townhome community near Houston. The loan will fund interior renovations and recent capital improvements, including an EV charging station and upgraded amenities....
BankCom posted a record net profit of PHP3.54 billion (≈$64 million) in 2025, a 17% jump from the previous year and nearly double its IPO‑year earnings. Gross revenues climbed 17% to PHP12.61 billion (≈$227 million), while net interest income rose 18% to PHP10.78 billion (≈$194 million)....
Mortgage trade groups are reconvening in Washington to push legislation on housing affordability, rising credit costs, and loan‑originator compensation. President Donald Trump’s recent housing executive order and two pending housing bills have heightened the urgency for coordinated lobbying. The National...
Rbi saw that banks moved their positions to corporates or perhaps related parties and have said: Banks can't offer ndf rupee contracts to anyone If you close a contract from now, no rebooking, even if it's a deliverables contract. Banks can't deal...
Federal Reserve Vice Chair for Supervision Michele Bowman unveiled a proposed capital framework that could free up to $100 billion for small‑business lending by lowering risk‑weightings on bank assets under Basel III. The change targets community and regional banks that hold roughly...
Visa has launched six AI‑enhanced dispute‑resolution services, marking the first major update since the Visa Acquirer Monitoring Program (VAMP) went live. VAMP consolidates five fraud programs into one, with enrollment triggered when a merchant’s chargeback ratio exceeds 1.5% or an...
PayPal announced the appointment of Alyssa Henry, former Square CEO, to its board, replacing departing member Gail McGovern. The move coincides with the recent promotion of Enrique Lores, ex‑HP CEO, to PayPal’s chief executive role after Alex Chriss’s abrupt exit....
Moody’s forecasts that large U.S. banks’ loans to non‑depository financial institutions (NDFIs) will total about $1.4 trillion by the end of 2025, marking a rapid expansion of this asset class. The exposure represents roughly a 30 percent increase from current levels and...
Most Fixed Mortgage Rates Are Now In The 4% Range: What Should People Do? The War In The Middle East drove up Canada Bond Yields & therefore drove up Fixed Rates 5 - Yr 4.04% - 4.29% Variable Rate Mortgages now look...
Postal savings banks, once vital for low‑income workers, traditionally funneled deposits into government bonds rather than offering full‑service lending. The model peaked with institutions like Japan Post Bank, which in 2025 held roughly $1.3 trillion in deposits—about 20% of Japanese household...
House Financial Services Committee Chair French Hill warned that two of his key banking reform bills—targeting digital assets and community‑bank relief—remain stalled in the Senate. He urged community‑bank lenders to pressure their senators to restore the stripped‑out provisions in the...
The Reserve Bank of India reported that 98.45% of the Rs 2,000 banknotes withdrawn in May 2023 have been returned to the system. The original stock of Rs 2,000 notes, worth roughly $43 billion, fell to about $660 million by March 31 2026. Exchange facilities at 19...
Mortgage applications decreased 10.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey ... The seasonally adjusted Purchase Index decreased 3 percent from one week earlier.
India's Unified Payments Interface (UPI) processed a record 22.64 billion transactions in March 2026, the highest monthly volume since its 2016 launch. Volume grew 24% year‑on‑year, while total transaction value rose to ₹29.53 lakh crore (approximately $356 billion). Daily averages edged up to 730 million...
The Depository Trust & Clearing Corporation (DTCC) unveiled Rapid Issuance, a new service on its Underwriting Central platform that automates the full lifecycle of equity‑linked structured notes. The solution enables issuers to complete closings within an hour, promising faster time‑to‑market,...
Cross River Bank’s parent, CRB Group, secured a $50 million capital raise backed by existing investors and T. Rowe Price. The funds will accelerate the bank’s embedded‑finance platform, expanding AI‑driven operations, cryptocurrency infrastructure, and global market reach. Cross River aims to...
KBRA published its latest Direct Lending Default Indices covering the trailing twelve months through March 31, 2026, accompanied by a performance chart. The indices track default and recovery rates across private credit deals, showing a modest uptick in defaults compared with the...
Global investment firm IHC has secured regulatory approval to acquire a 41.5% stake in Sammaan Capital Limited for roughly $1 billion (INR 8,850 cr). The deal, executed in stages, positions IHC as a promoter with board control, signaling a major push into India's...
Nigeria’s Central Bank announced the conclusion of its two‑year banking recapitalisation, with banks injecting N4.61 trillion (about $3.1 billion) of fresh capital. The move meets higher minimum capital thresholds and is expected to deepen liquidity, improve risk‑taking capacity and attract more foreign...
JPMorgan Chase CEO Jamie Dimon told CBS Evening News the bank is exploring the launch of prediction‑market services for its clients. The move could blur lines between gambling and investing and draw heightened regulator attention.
Banks are underselling small‑business credit cards by focusing on rates and fees while neglecting the operational tools owners value, such as expense separation, cash‑flow integration, and employee spending controls. The Javelin Strategy report shows many merchants already hold personal accounts,...
Ghana’s National Identification Authority has embedded a digital wallet into the Ghana Card, allowing holders to withdraw cash from ATMs, pay in stores and online, and conduct international transactions in over 200 countries. Cardholders can activate the wallet through the...
El Salvador’s central bank launched Pay, a free 24/7 digital payment platform aimed at informal workers and small businesses. The system, already serving about 10,000 users, enables QR‑code payments, interbank transfers, and records income for future credit access. Users must...
Morningstar DBRS confirmed that First West Credit Union, now operating as Tru Cooperative Bank, received a federal charter effective April 1 2026. The agency left its BBB (high) long‑term issuer rating and R‑1 short‑term rating unchanged, though both carry negative trends. The...
Australia is poised to implement sweeping anti‑money‑laundering and counter‑terrorism financing reforms that pivot AUSTRAC toward outcomes‑based regulation. The changes compel banks and fintechs to shift from reactive detection to proactive prevention, emphasizing risk‑based strategies, biometric verification, and early‑stage safeguards. Industry...
The Small Business Administration’s Economic Injury Disaster Loan (EIDL) program, initially a pandemic lifeline, now requires borrowers to begin regular repayments after deferment periods end. Loans carry fixed interest rates of 2.75% or 3.75% and can extend up to 30...
The IMF has a MUST-READ report covering Southeast Asia’s (SEA’s) QR-based digital payment revolution that is transforming cross-border payments, promoting local currency usage, and boosting trade and inclusion. Humble QR payments, born in China back in 2014, are now changing all...
Your AI harness needs to handle adversarial inputs Financial services aren't just about helpful customers asking good-faith questions It's fraudsters, edge cases, and people trying to break your system for profit. If your testing doesn't include red-teaming, you're not ready
Billtrust’s March 31 report reveals finance leaders grappling with longer invoice cycles, rising tariff costs, and economic uncertainty. Two‑thirds of respondents say customers are paying later, prompting nearly half of firms to tighten cash handling and 70% to delay or cancel...
Interesting development with AJ from Lucid Trading hinting at a regulatory role 👀 The prop trading landscape keeps evolving - always important to stay informed about who's overseeing what. Check https://t.co/pKoy2KH6Y5 for the full picture on all firms and their...
LOVE @mercury for business banking services (not an investor but wish I was). 90%+ of startups I work with use them (including myself) and they now have personal banking services... so good.
Analysts probing publicly‑traded banks in January asked CFOs about the durability of revenue growth, with 30% of questions focused on quality and resilience. Only 15% of the inquiries touched on artificial‑intelligence investments, while a quarter examined expense flexibility and operating...
Weekly #mortgage refinance demand is down more than 40% in the past month https://t.co/KBjl0aRgH6 @MBAMortgage @mortgagenewsmnd #interestrates #economy
Q4 2025 NMDB data reveals that 78% of mortgaged homes have a rate below 6%, that's down from the peak of 93% in Q2 2022. The share of mortgaged homes with a rate below 6% is the lowest since 2015....
A new American Banker AI Talent Shift Survey 2026 finds only 3% of bankers report AI‑driven layoffs, while 28% see efficiency gains and 12% note role augmentation. Despite current optimism, 33% of executives at large national banks expect headcount reductions...
Revolut: $6B revenue. 38% margins. The North Star of banking. I found four fault lines that the earnings release doesn't mention. Full analysis on Substack / Subscribe 👇 https://t.co/kJ1iPnoooe https://t.co/B0plPkOngz
AI is no longer a “test and learn” exercise. Those who integrate it into live operations will set the pace for competitive advantage in banking. https://t.co/9jfjXgRP2i
