25 April 2026
Bankopedia Banking Digest — 2026-04-25 #31
- #1moneycontrolneutral
Unity SFB CEO Search Signals RBI Governance Pressure
Unity Small Finance Bank is actively searching for a new Managing Director and CEO, with the board expected to recommend two candidates to the Reserve Bank of India within a month. Unaddressed regulatory deficiencies flagged in consecutive RBI annual supervisory reviews are believed to have cost incumbent CEO Inderjit Camotra a third term.
RBI governance deficiencies likely end Inderjit Camotra's tenure at Unity SFB in August 2026.
banking_supervisionregulation - #2moneycontrolpositive
DCB Bank Posts Profit Surge, Plans ₹2,000 Crore Raise
DCB Bank posted a 16% year-on-year rise in net profit to ₹206 crore for Q4 FY26, driven by higher interest income and improving asset quality. The board approved plans to raise up to ₹2,000 crore through a mix of equity and debt instruments.
DCB Bank Q4 FY26 net profit rises 16% to ₹206 crore; gross NPA improves to 2.45%.
corporate_finance - #3reserve_bank_of_indianegative
RBI Cancels Paytm Payments Bank Licence Permanently
The Reserve Bank of India has cancelled Paytm Payments Bank's banking licence with immediate effect from April 24, 2026, citing management conduct detrimental to depositor and public interest. The RBI will apply to the High Court for winding up the bank, affirming it holds sufficient liquidity to repay all deposit liabilities.
RBI cancels Paytm Payments Bank licence effective April 24, 2026; winding-up petition to follow.
banking_supervisionregulationfintech - #4economic_timesnegative
Haryana Dismisses Official Over Multi-Layer Bank Fraud
Haryana has dismissed a senior Development and Panchayats Department official, Naresh Bhuwani, following evidence of an organised, multi-layered financial fraud involving government funds siphoned through shell companies via IDFC First Bank and AU Small Finance Bank accounts. The State Vigilance and Anti-Corruption Bureau is conducting a criminal investigation into the case.
Haryana official dismissed after fraud probe finds government funds diverted via shell companies to personal accounts.
banking_supervisionnpa_resolution - #5economic_timespositive
Shapoorji Pallonji Closes ₹25,400 Crore Tata-Backed Financing
Shapoorji Pallonji Group is set to close a ₹25,400 crore financing deal by mid-May under its Project Ascent plan, with $800 million to $1 billion to be raised via US dollar bonds attracting global institutional investors. The group has also sought bondholder consent to temporarily ease a loan-to-value covenant on its ₹28,600 crore rupee bonds, with both facilities secured against an 18.38% stake in Tata Sons.
Shapoorji Pallonji targets ₹25,400 crore financing closure by mid-May, backed by Tata Sons stake.
corporate_financecapital_markets - #6economic_timesneutral
India Moves to Protect Mauritius Treaty Benefits
India has signalled to Mauritius that tax treaty benefits under the Double Taxation Avoidance Agreement will be preserved beyond the Supreme Court ruling that unsettled foreign investors. While New Delhi has already clarified that General Anti-Avoidance Rules will not apply to pre-April 2017 investments, experts say legislative amendments are still needed to fully address residual issues flagged by the court.
India assures Mauritius DTAA benefits continue, but legislative fixes still needed for full clarity.
capital_marketsforex - #7financial_expresspositive
Groww Shifts from Growth Story to Profit Engine
Groww, India's largest retail broker by active clients, posted Q4 FY26 revenue of ₹1,505 crore — up 88% year-on-year — as operating margins expanded sharply to 62%, demonstrating classic platform-scale operating leverage. Growth is now driven less by user additions and more by deeper engagement, with transacting users rising 25% year-on-year to over 21 million.
Groww's operating margins hit 62% in Q4 FY26, up from 48–49% a year ago.
fintechcapital_markets - #8financial_expresspositive
L&T Finance Eyes 20% Growth on Microfinance Revival
L&T Finance reported a 27% year-on-year rise in consolidated profit after tax to ₹807 crore in Q4 FY26, driven by higher interest income and retail disbursements as its microfinance book stabilises. MD & CEO Sudipta Roy says the non-bank lender targets over 20% growth in FY27 under its Lakshya 31 strategy, even as global risks and liquidity conditions are closely monitored.
L&T Finance targets 20%-plus FY27 growth as microfinance asset quality returns to pre-crisis levels.
financial_inclusioncredit_markets - #9financial_expressneutral
Trai Digitises Consumer Consent Across Banking Sector
The Telecom Regulatory Authority of India (Trai) plans to scale its digital consent acquisition framework starting with 11 banks, which participated in a successful pilot completed in December with Reserve Bank of India support. The rollout across all scheduled banks and the broader financial sector will be gradual, with no fixed timeline given the complexity of migrating legacy consent data and ongoing commercial negotiations.
Trai scales digital consent framework to 11 pilot banks before broader financial-sector rollout.
digital_bankingregulationpayments - #10moneycontrolneutral
Pramodini Medicare Taps Capital Markets for Diagnostics Expansion
Andhra Pradesh-based diagnostic services provider Pramodini Medicare has filed draft IPO papers on the NSE Emerge platform to raise funds primarily for capital expenditure, including medical equipment procurement across existing and new diagnostic centres. The company reported revenue of ₹44.4 crore and profit of ₹12.5 crore for the nine months ended December 2025, with full-year FY25 profit growing 74.3% year-on-year.
Pramodini Medicare files IPO to raise ₹45.1 crore for medical equipment and expansion capex.
capital_markets