Banking, Financial Services and Insurance (BFSI) News

IndusInd Bank named Viral Damania as its new CFO, succeeding interim finance leadership, as the bank undergoes major changes after…

Jefferies gives HDB Financial a ‘Buy’ with 19% upside and strong growth outlook—see why investors should take notice.

Shivalik Small Finance Bank has raised Rs 100 crore in its third equity round, led by SMBC Asia Rising Fund…

Public sector banks posted Rs 44,218 crore profit in Q1FY26, driven by higher treasury gains amid NIM pressure. SBI led…

State Bank of India (SBI) reported Q1FY26 profit growth of 12.48 per cent to Rs 19,160.44 crore, beating estimates. The…

PNB Housing Finance is facing heightened ‘Key Man Risk’ concerns following the sudden resignation of CEO Girish Kousgi. Motilal Oswal…

Aditya Birla Capital Q1 FY25 net profit rises 10% YoY to Rs 835 crore, driven by strong subsidiary performance. AUM…

PNB Housing Finance announced key leadership appointments following the resignation of MD & CEO Girish Kousgi. Jatul Anand and Valli…

Manufacturing sector accounted for 54 per cent of new project announcements amounting to Rs 2.3 trillion mainly in sectors like…

IDBI Bank’s strategic sale is on track, with financial bids expected by December and completion by March. The government and…

Among the large deals, the company said it has signed a cloud modernisation deal worth $73 million with a client…

At the FE Modern BFSI Summit, financial services secretary M Nagaraju urges banks to raise capital via FDI, green bonds…

In an exclusive interview, financial services secretary M Nagaraju says banks shouldn’t expect profits from UPI, highlights dis-intermediation trends, RRB…

Canara Bank MD & CEO K Satyanarayana Raju outlines a strategy focused on retail and MSME growth, margin protection, and…

RBI Governor Sanjay Malhotra signals that further rate cuts will face a higher bar as inflation cools but warns that…

RBI Governor Sanjay Malhotra speaks on rate cuts, inflation strategy, CRR, crypto stance, financial inclusion, and NBFC regulations. In this…

Deepak Parekh stresses the urgent need to boost middle-class housing, calling the current luxury-heavy supply imbalance inaccurate. Speaking at the…

The FE Modern BFSI Summit in Mumbai gathers India’s financial elite, including RBI Governor Sanjay Malhotra and former HDFC Chairman…