There is a positive update regarding India’s economy. According to the latest report of Moody’s Ratings, India’s real GDP growth is estimated to be 6.4% in FY27, due to which India can remain the fastest-growing economy of the G-20. The outlook of the banking sector is also strong, where asset quality will remain good, NPAs will remain low and capital position will remain comfortable. Corporate, MSME and personal loans look stable, while government support is giving resilience to banks. Liquidity is balanced and profitability is also expected to remain steady. Overall, economy and banking sector together are giving new impetus to India’s growth story.

The banking sector is constantly changing and this year there have been some big changes for customers. Especially for those people who had forgotten the money deposited in their old accounts or whose accounts have not had any transactions for a long time. Apart from this, the rules related to nominee have also become simpler and more beneficial than before. So let us know what major changes took place in the banking sector this year and how it became easier to withdraw unclaimed money from nominee.
How it became easy to withdraw unclaimed money from nominee

There are many such bank accounts in India in which no transactions have taken place for years and the information of the account holder is not available. These accounts are called unclaimed deposits. This active money remains in the banking system for a long time, but now due to the active initiative of the Government and the Reserve Bank of India (RBI), there has been a speed in delivering this money to the rightful owners.

According to the information given in Parliament, between April 2022 and November 2025, Indian banks returned unclaimed amounts of more than Rs 10,000 crore to their rightful owners. This step not only brings transparency in the banking system, but also gives an opportunity to the common people to get their forgotten money back. Union Minister of State for Finance Pankaj Chaudhary said that both government and private banks identified lakhs of inactive accounts and disposed of them. There were many accounts in which no claims were made for years. The bank returned these amounts to their rightful owners by checking the documents, verifying the heirs and contacting the customers.

DEA Fund Scheme

RBI has implemented Depositor Education and Awareness Fund (DEA Fund Scheme). Under this, if there is no activity in any savings, current or fixed deposit account for 10 years, then the bank transfers that amount to the Central Fund of RBI. This keeps the money safe and can be returned when the owner comes forward. By June 30, 2025, public sector banks transferred Rs 58,000 crore to the DEA fund. In this, SBI alone is at the top by depositing Rs 19,330 crore. Private banks are also not lagging behind, and they transferred a total of Rs 9,000 crore to the fund. Under RBI rules, banks have to publish the list of unclaimed accounts on their website and have been instructed to actively search for the heirs of deceased account holders.

What major changes took place in the banking sector this year?

The rules related to nominees in the banking sector have changed from November 1, 2025. Now you can set four nominees for your bank account, locker or any safe item instead of one. Earlier most banks used to allow only one nominee. Under the new rule, by having four nominees, after the death of the account holder, different family members can get the funds quickly. Customers can decide the share of the nominee as per their wish. Four nominees and their order can also be decided for the locker. This means that if the first nominee is not present, the second nominee can claim. This change made it possible to reduce legal complications, reduce property disputes in the family and get funds quickly.

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Tension between America and Russia may increase once again. The Trump administration has prepared new economic sanctions against Russia. This step will be taken if Russian President Vladimir Putin continues to delay ending the war in Ukraine. American officials have given this information to Reuters.

What is America’s new plan?

Under America’s new plan, preparations are being made to directly attack Russia’s banking system and oil industry. Both these areas are most important for Russia’s war financing. If these restrictions are implemented, it could have a major impact on Russia’s economy. However, it has not been decided yet whether the Trump administration will implement them immediately or not.

Restrictions have been imposed earlier also

Earlier, America had imposed sanctions on Russia’s big oil companies Lukoil and Rosneft. After these sanctions, global oil prices increased by more than $2 and countries like China and India had to find alternative supplies of oil.

Role of European countries

According to a senior American official, America now wants European countries (EU) to take the next big step. Be it new restrictions or import duties. For now, Trump can wait and watch the situation for some time to understand how Russia reacts to these recent sanctions.

Ukraine is getting support

The US has also suggested the European Union (EU) to use frozen Russian assets to purchase American weapons for Ukraine. Apart from this, America is also considering using Russian assets kept in its country to help Ukraine in the war.

Trump’s strategy and challenges

President Donald Trump is presenting himself as a global peacemaker, but he has admitted that ending the Russia-Ukraine war has proved more difficult than expected. European countries, in view of Trump’s changing policies regarding Russia, are preparing to take new steps at their own level.

Ukraine’s new demand

According to sources, Ukraine has suggested to the US and its allies that all Russian banks be completely cut off from the US dollar system, so as to put further pressure on Russia’s international financial activities. Overall, this new strategy of the Trump administration is being considered as the next big step towards increasing economic pressure on Russia as well as strengthening Ukraine.

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RBI Actions on Baghat Urban Co-Operative Bank: Taking regulatory action, the Reserve Bank of India (RBI) has imposed strict restrictions on The Baghat Urban Co-operative Bank Limited, based in Solan, Himachal Pradesh. According to the instructions of the Central Bank, now this bank will neither be able to accept any new deposits nor will be able to issue new loans. Along with this, payment of bank liabilities has also been banned.

What are the instructions of RBI?

RBI said that without prior written permission the bank cannot give any new loan, accept new deposits nor fulfill its financial obligations. This step has been taken after serious financial irregularities came to light during the recent inspection.

According to the report of news agency PTI, considering the current cash position of the bank, RBI has set the withdrawal limit of customers at Rs 10,000. However, RBI has given the relaxation that the bank can use the amount present in the customers’ accounts to adjust their outstanding loans.

What will happen to insurance coverage?

RBI also clarified that the bank’s depositors have insurance protection under the Deposit Insurance and Credit Guarantee Corporation (DICGC). According to this provision, each depositor will get an insured amount up to a maximum of ₹ 5 lakh, which will be decided as per the status and rights of his account.

The central bank also clarified that these restrictions do not amount to canceling the bank’s license. The bank will be able to continue its operations with limited conditions. This step of RBI has been taken with the aim of stabilizing the financial condition of the bank and protecting the interests of depositors.

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In the last one week, the banking sector has been very much discussed. If someone’s blessed quarterly results came, then the audit of someone and the reports of investigation created a stir. This is the reason that some banks were searched the most on Google trends. Talking about the bank Nifty, it has seen an increase of about 8 percent in the last 5 days, while since the beginning of 2025, this index has gone up more than 8 percent. Talking about returns year after year, this figure has reached 15 percent.

Talk of HDFC Bank

First of all, let’s talk about HDFC Bank, which recently declared the results of its fourth quarter (Q4FY25). The bank recorded a standalone net profit of 17,616 crore, which is 6.7 percent more than the previous year. The bank’s net interest income was 32,070 crore, with an annual increase of 10.3 per cent. With this, the bank has reduced its gross NPA to 1.33 percent, which was 1.42 percent in the last quarter. Due to these strong figures, people are searching HDFC Bank on Google in large numbers.

IDFC First Bank also in discussion

The IDFC First Bank was also in the discussion, but for a different reason. According to the Financial Express report, the bank has announced that it is going to raise around 7,500 crores, in which Warburg Pincus and Abu Dhabi Investment Authority (ADIA) companies will participate. Warburg Pincus’s currant Sea Investments BV alone will invest 4,876 crores, instead of which it will get 9.8 percent stake in the bank. The bank’s CEO V. Vaidyanathan said that this deal will lead to a dilaution of about 15 percent stake, but the company’s earnings will increase much faster. After this news, the bank’s stock registered a rise of 1.85 percent.

ICICI Bank was also searched a lot

ICICI Bank also declared its spectacular quarterly results. In Q4Fy25, the bank’s standalone net profit was 12,629 crore, which is 18 per cent growth on an annual basis. The bank’s net interest income was 21,193 crore, with an annual increase of 11 per cent. The bank has also declared a dividend of 11 per share, which ran a wave of happiness among the investors. However, on the day of the news, the stock recorded a slight decline of 0.17 percent.

Negative news related to Indusind Bank

On the other hand, Indusind Bank found itself at the center of negative news. It is reported that the bank has appointed ERNST & Young for a forensic audit, which will investigate an interest income case of 600 crores associated with the microfinance portfolio. This audit will run along with the investigation which is already being done by Grant Thornton Bharat and in which questions have been raised about the bank’s forex derivatives accounting. Due to this news, the bank shares saw a decline of up to 6 percent.

Overall, whether the reason is positive or negative, these four banks captured both people’s interest and Google Trends last week. On the one hand, banks like HDFC and ICICI are attracting investors with their strong performance, while on the other hand, banks like IDFC First are in the headlines due to new funding and strategic investment. It is also clear from matters like Indusind Bank that transparency and accountability has become the biggest priority for investors in today’s time.

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The banking sector is once again in the headlines in the Indian stock market. HDFC Bank and ICICI Bank presented great results in the fourth quarter of FY 2024-25, which has returned confidence in investors and is expected to be a special focus on the Nifty Bank Index on Monday. Market analysts believe that after the better performance of these major banks, there may be a positive trend in banking stocks.

Banking sector getting stronger

In the last trading session, the Nifty Bank closed at 54,290.20 with a rapidly of 2.2 per cent, which is just 177 points from 54,467.35, the highest level of its 52 -week. In the last one week, the banking index has seen a tremendous jump of 3,287 points, that is, a increase of about 6.45 percent has been recorded. It is an indication that there is a positive feeling about the banking sector in the market.

Three big private banks showed strength

HDFC Bank, ICICI Bank and Yes Bank, these three private banks did not disappoint their investors in the fourth quarter. HDFC Bank’s standalone net profit has increased by 6.7 percent to Rs 17,616 crore on an annual basis. It has also increased by 5.3 percent on a quarterly basis.

At the same time, the country’s second largest private bank ICICI Bank has earned a profit of 12,630 crores with an annual increase of 18 percent. While the performance of Yes Bank was also a comfort, which recorded a profit of ₹ 38.12 crore with an annual growth of 63.7 per cent.

Bulish signals are also showing technical charts

According to technical analysts, the Nifty Bank has created a strong bullish candle on the daily chart, with a high level of 54,407.20. This is just 60 points away from its all -time high level. In the last seven trading sessions, Bank Nifty has shown a rise of about 10.68 per cent and has jumped 5,250 points from its recent swing.

Where will the bank Nifty go in the coming days?

According to a report published on Zee Business, Choice Broking believes that Nifty Bank’s closure near 54,290 shows that there is aggressive purchases in the market. The firm suggests that if the bank Nifty rests above 54,300, it can go from 55,000 to 56,000 levels in the next few sessions. The broking house believes that if there is any decline in the market, 53,600 or 53,000 levels should be seen as a purchase opportunity.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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