Banks brace for risk-based rules: Profits could drop ₹12k crore

Yo, listen up! Banks are about to get hit with some wild new rules starting April 2026. DICGC and RBI are rolling out a risk-based deposit framework that could slice profits by a whopping ₹12,000 crore! Stronger banks might snag some sweet discounts, but overall, the return on assets is gonna feel the burn. 80% of deposits are in for a discount party, so grab your popcorn, folks!