AGP Executive Report
Last update: 12 hours agoDigital Payments Price War (Philippines): Bangko Sentral ng Pilipinas pressure is already pushing banks to cut InstaPay and PESONet transfer fees, with BPI making transfers free and RCBC waiving InstaPay charges for capped monthly volumes, as BSP moves toward “reasonable” cost-based pricing. Banking Supervision Leadership (Australia): APRA named deputy chairs for banking and superannuation oversight, with McCarthy Hockey set to keep banking supervision and Bradbury taking superannuation oversight later this year. Fintech IPO Watch (India): Sachin Bansal-backed Navi plans to file for an IPO in the March quarter of FY27, targeting about Rs 3,000 crore. Credit Cycle Signal (India): A report flags industrial lending as a potential new growth driver for Indian banks as manufacturing support gathers pace. Loan Market Drag (Asia): Asia-Pacific loan issuance fell sharply in the first half amid Iran-war fallout and tighter lender scrutiny, with bankers expecting weak deal flow to persist. Public Sector Bank Momentum (India): PSU banks start FY27 with strong loan growth but slower deposit mobilisation, keeping funding pressure in focus. Crypto Policy Split (Asia): Dubai’s crypto licensing keeps expanding while India’s central bank reiterates caution on banks’ crypto exposure. Central Bank Resolution (Sri Lanka): Sri Lanka’s central bank extended the administrator’s term for Nation Lanka Finance to keep the resolution process on track.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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