Page 3 of Banking, Financial Services and Insurance (BFSI) News

India’s fifth-biggest private lender by assets had disclosed in March that years of incorrect accounting of internal derivative trades led…

Kotak’s Lakshmi Iyer urges savers to become investors as equities remain the best bet amid low interest rates. She sees…

RBI reviews Economic Capital Framework, raising hopes of a record dividend payout to the Centre. FY26 budget projects surplus transfer…

Users get 10% points on their PhonePe spends such as bill payments,recharges and much more

Happiest Minds Technologies expects double-digit growth in FY26, driven by strong performance in BFSI and healthcare, and growth from generative…

Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could trigger…

Canara Bank CEO K. Satyanarayana Raju expects low-cost deposit pressure to ease by Q3 FY26 amid rate cuts. The bank…

Punjab National Bank CEO Ashok Chandra expects to surpass credit growth targets in FY25, driven by corporate and RAM sectors.…

Canara Bank posts record Q4 profit of Rs 5,004 crore in FY25, up 33% YoY, driven by strong fee income…

Union Bank of India has come under scanner for spending Rs 7.25 crore on nearly two lakh copies of a…

Shares of SBI and Kotak Mahindra Bank decline post weak Q4 results; SBI falls 1%, Kotak drops 4.5%. Brokerages stay…

SBI reports a 10% YoY drop in Q4 net profit to Rs 18,643 crore due to higher bad loan provisions.…

Kotak Mahindra Bank’s Q4FY25 standalone net profit fell 14% YoY to Rs 3,552 crore, missing estimates due to higher provisions…

Indian Bank reported a 32% YoY rise in Q4FY25 net profit to Rs 2,956 crore, driven by higher interest income…

Higher provisions for potential bad loans impacted Kotak Mahindra Bank’s Q4 profitability.

Indian Overseas Bank reported a 30% YoY rise in Q4FY25 net profit to Rs 1,051 crore, driven by higher interest…

India’s one state-one Regional Rural Bank (RRB) policy cuts RRBs from 43 to 28, aiming for operational efficiency, improved digital…

UPI transactions rose 34% YoY to 17.89 billion in April 2025, while value hit Rs 23.95 lakh crore, despite a…