14 September 2026
Bankopedia Banking Digest — 2026-09-14 #168
- #1economic_timesneutral
Banks Await RBI Nod on Trade Reconciliation Rules
Indian banks are seeking Reserve Bank of India (RBI) clearance to apply new trade reconciliation rules — effective October 1, 2026 — retroactively to millions of unresolved export and import mismatches. Without explicit RBI approval, banks are reluctant to exercise discretionary powers under the new framework, fearing future regulatory scrutiny.
Banks want RBI's green light to use new trade rules on old unreconciled export-import transactions before month-end.
regulationforex - #2moneycontrolnegative
Global Headwinds Drive FPI Exodus From Indian Equities
Foreign Portfolio Investors (FPIs) pulled out ₹13,138 crore from Indian equities in the first two weeks of September 2026, driven by rising US bond yields, a stronger dollar, and higher crude oil prices. Total FPI outflows from Indian equities in 2026 have now surpassed ₹2.37 lakh crore, exceeding the full-year 2025 withdrawal of ₹1.66 lakh crore.
FPI outflows from Indian equities in 2026 hit ₹2.37 lakh crore, surpassing entire 2025 withdrawals.
capital_marketsforex - #3economic_timespositive
Jio Credit Eyes Fivefold AUM Growth After BoFA Deal
Jio Financial Services (JFS) expects regulatory approvals from the RBI and Competition Commission of India for its Bank of America (BoFA) deal by December 2026, with funds flowing in tranches over 18 months thereafter. The capital infusion could enable Jio Credit's assets under management (AUM) to grow up to five times from the current ₹30,000 crore, potentially reaching ₹1.5 lakh crore before fresh capital is needed.
Jio Credit's AUM could grow five times to ₹1.5 lakh crore following the Bank of America capital infusion.
regulationcorporate_finance - #4economic_timesneutral
IBBI Tightens Safeguards for Personal Guarantor Insolvency
India's Insolvency and Bankruptcy Board of India (IBBI) is proposing tighter safeguards for personal guarantor insolvency proceedings, including assigning 'nil' voting rights to related parties of guarantors and mandating independent asset valuation. The proposals also require resolution professionals to examine and report on preferential, undervalued, fraudulent, or extortionate transactions by guarantors.
IBBI proposes 'nil' voting rights for guarantor-related parties and mandatory independent asset valuation in insolvency proceedings.
npa_resolutionregulation - #5financial_expressneutral
Rising Bond Yields Reshape Wealth Dynamics for Investors
Rising global bond yields — with the US ten-year yield climbing from 4% to nearly 5% and India's rupee bond yield rising from 6.7% to 7% in just six months — are compressing asset prices but creating long-term wealth-building opportunities for younger investors. The article argues that higher yields transfer wealth from existing asset owners to new investors entering markets at lower valuations.
US ten-year bond yield has risen from 4% to nearly 5% in six months, reshaping global asset valuations.
monetary_policycapital_markets - #6moneycontrolpositive
Sebi Rewrites Rules on Expiry-Day Settlement
Sebi has proposed a sweeping overhaul of expiry-day trading rules, including delinking derivatives settlement prices from cash-market closing prices and restricting order cancellations during the Closing Auction Session. Market experts say the changes will curb volatility and manipulation while making the settlement process more transparent.
Sebi proposes delinking derivatives settlement prices from cash-market closing prices to reduce expiry-day manipulation.
capital_marketsregulation - #7hindu_businesslineneutral
Ex-RBI Governor Advocates Charging UPI Users
Former Reserve Bank of India Governor D Subbarao has called for introducing charges on select Unified Payments Interface transactions, warning that a fully free system discourages bank innovation and redistributes costs to all customers. He advocates starting with high-value transactions before any broader rollout.
Ex-RBI Governor Subbarao argues free UPI transfers shift costs to all bank customers via lower deposit rates.
paymentsdigital_banking - #8moneycontrolneutral
Why Employees Must Audit Their EPF Passbooks
Employees' Provident Fund Organisation members are urged to regularly verify their EPF passbooks to confirm that employers are actually depositing provident fund contributions deducted from salaries. A salary slip deduction alone does not guarantee the money has been remitted to EPFO under the employee's Universal Account Number.
Salary slip PF deductions do not confirm employer remittance; workers must check EPF passbooks regularly.
financial_inclusiondigital_banking - #9moneycontrolneutral
A-One Steels Trims IPO Size, Eyes October Listing
South-based steel producer A-One Steels India will open its ₹405 crore initial public offering on September 24, with shares expected to list on October 1. The issue size has been cut from the originally planned ₹650 crore, with ₹355 crore raised via fresh shares and ₹55 crore through promoter share sales.
A-One Steels India launches ₹405 crore IPO on September 24, down from originally planned ₹650 crore.
capital_markets - #10moneycontrolnegative
Credit Card Benefit Erosion Demands Cardholder Vigilance
Indian credit card issuers have been systematically trimming rewards, cashback rates and complimentary benefits in 2026, often tying perks such as airport lounge access to steep minimum spending thresholds. Cardholders are advised to periodically reassess whether their card's remaining benefits justify the annual fee they continue to pay.
Indian card issuers cut rewards and lounge access in 2026; cardholders should reassess annual fee value now.
digital_banking - #11moneycontrolneutral
Sizing Home Loan EMIs for Salaried Borrowers
Financial experts advise salaried individuals earning ₹1 lakh per month to cap home loan EMIs at 25–40% of take-home pay, well below the 50–55% banks may approve. Prudent EMI sizing preserves room for savings, investments, and emergency buffers over the loan tenure.
Keep home loan EMI below 30% of monthly take-home salary for financial safety.
credit_marketsfinancial_inclusion - #12hindu_businesslinepositive
NSE IPO Lifeline for Oriental Insurance Turnaround
Oriental Insurance Company expects to return to profitability in FY27, driven by proceeds from the National Stock Exchange (NSE) initial public offering in which it is offloading 49.57 lakh shares. At the upper price band of ₹1,785 per share, the insurer stands to realise approximately ₹885 crore from the partial stake sale.
NSE IPO proceeds of up to ₹885 crore expected to restore Oriental Insurance's profitability in FY27.
capital_marketsinsurance - #13hindu_businesslineneutral
BRICS Pushes Independent Financial Infrastructure Agenda
Russian President Vladimir Putin urged BRICS nations at the 18th Summit in New Delhi to advance a SWIFT alternative payment infrastructure, a grain exchange, and a reinsurance mechanism to reduce dependence on Western financial systems. Intra-BRICS trade has reached $1.2 trillion, adding urgency to proposals for independent settlement and risk-transfer platforms.
Putin pushes BRICS to build a SWIFT alternative and grain exchange, targeting $2.5 billion in annual savings.
paymentsforex - #14hindu_businesslinenegative
Nifty Breaks Support, Downside Risk Elevated
Nifty has broken below the key support level of 23,600, signalling a weakened technical outlook with a potential slide to 22,500–22,600 in the week of September 15–18, 2026. Bank Nifty faces stiff resistance at 56,700 and could fall to 54,000–55,000 if that level holds.
Nifty breaks 23,600 support; further downside to 22,500 possible this week.
capital_markets - #15hindu_businesslinenegative
Supreme Court Upholds Spectrum Exclusion from IBC Assets
The Supreme Court has dismissed a review petition by an SBI-led Committee of Creditors seeking to include Reliance Communications' spectrum in the insolvency asset pool under the Insolvency and Bankruptcy Code (IBC). The court upheld its earlier February ruling that spectrum is a natural resource belonging to the public and cannot be treated as a liquidatable asset.
Supreme Court bars spectrum from insolvency asset pools, limiting creditor recovery in telecom bankruptcies.
npa_resolutioncorporate_finance