Page 8 of Banking

IndusInd Bank, banking sector, recovery, loan growth, Governance failures, accounting lapses, financial discrepancies, NII, NIM, profit, CEO appointment, RBI, deposits, credit cost

From crisis to course-correction: IndusInd Bank pins hope on leadership change, FY26 recovery

Reeling from governance lapses and a Rs 2,328 crore Q4 loss, IndusInd Bank is initiating a strategic reset as it…

July 4, 2025 14:36 IST

MFI business, Sa-dhan, Microfinance, Reserve Bank of India, banks, RBI

MFI business will pick up in two quarters: Sa-dhan

Microfinance business set to rebound in two quarters, says Sa-Dhan CEO Jiji Mammen. With RBI easing qualifying asset norms and…

July 3, 2025 20:01 IST

IDFC First Bank, banks, market, kotak mahindra bank, banking

Banking made easy for NRIs: IDFC First Bank enables UPI access for NRIs using international mobile numbers

IDFC First Bank’s new feature addresses this gap by enabling NRIs to link their international numbers to their UPI IDs.…

July 3, 2025 16:23 IST

loans, Reserve Bank of India, RBI, NBFC, MSEs, business loan

Pre-payment charges for small business loans scrapped

RBI has barred regulated lenders from charging pre-payment fees on personal loans and small business loans up to Rs 50…

July 3, 2025 05:36 IST

Indian Banks Poised for Record ₹72,000 Crore QIPs in FY26, Fueling Credit Growth and Economic Optimism. (Image Source: twitter)

Banks set sights on record QIP money

Indian banks are set to achieve their highest-ever Qualified Institutional Placement (QIP) fundraise in FY26, with commitments already reaching a…

July 1, 2025 22:49 IST

Saraswat Co-operative Bank Seeks RBI Approval for 8th Merger, Aims to Absorb Troubled New India Co-operative Bank. (Image Source: Linkedin)

Saraswat Bank proposes acquiring New India Co-operative

Saraswat Co-operative Bank, India’s largest urban cooperative bank, has approached the Reserve Bank of India (RBI) for the amalgamation of…

July 1, 2025 22:29 IST

Mandatory rule changes from July 1: IRCTC bookings, ELV fuel ban, train fares, PAN-Aadhaar linking and much more

Major banks including SBI, HDFC, and ICICI will introduce new service charges on ATM transactions, credit card bill payments, and…

Updated: July 1, 2025 10:03 IST

Bank Holidays in July 2025: Banks shut for 13 days; Check full list of upcoming holidays

Upcoming Bank Holidays in July 2025: Banks will be closed for 13 days in July 2025 across India due to…

Updated: June 30, 2025 14:11 IST

banking, banks, Karnataka Bank, Raghavendra Srinivas Bhat, Sekhar Rao

Karnataka Bank MD & ED resign amid reported dispute with Board

Karnataka Bank MD Srikrishnan H. H. Sarma and ED Sekhar Rao resign amid reported Board dispute over Rs 1.53 crore…

June 29, 2025 23:52 IST

karnataka bank ceo resigns, karnataka bank, karnataka bank near me, karnataka bank crisis, karnataka bank ceo

Karnataka Bank CEO Srikrishnan Sarma resigns, Executive Director Sekhar Rao likely to quit too: Reports

During the bank’s recent earnings call, an investor questioned the board about the auditors’ findings. In response, Sarma acknowledged the…

June 28, 2025 18:02 IST

Bank Holiday: Are banks closed on June 27 for Jagannath Rath Yatra?

The closure of the bank has been notified under the Negotiable Instruments Act by the Reserve Bank of India (RBI),…

Updated: June 27, 2025 08:57 IST

ICICI Securities sees up to 21% upside in Axis Bank. 3 reasons why

ICICI Securities forecasts up to 21% upside for Axis Bank; discover the reasons behind their ‘Buy’ rating and target price…

June 25, 2025 10:53 IST

SFB, RBI, PSL, Reserve Bank of India, NBFC, banking, small finance bank

SFBs see more biz opportunities as RBI cuts PSL target

The RBI’s move to cut priority sector lending (PSL) targets from 75% to 60% boosts flexibility and profitability for small…

Updated: June 24, 2025 17:10 IST

deepak parekh, icici-hdfc merger, icici bank, hdfc, hdfc bank, chanda kochar podcast, chanda kochhar, banking news

‘ICICI started HDFC, why don’t you come back home?’: Deepak Parekh recalls Chanda Kochhar’s proposal

Parekh described the 2023 HDFC-HDFC Bank merger as a regulatory-driven move, not a strategic ambition.

June 21, 2025 16:20 IST

Mirae Asset Sharekhan on Au Small Finance Bank

Mirae Asset Sharekhan bets big on AU Small Finance Bank: 3 reasons fuelling the bullish call

Mirae Asset Sharekhan sees a 15% upside for AU Small Finance Bank; steady growth and better profitability boost the outlook.…

June 20, 2025 12:55 IST

Reserve Bank of India, RBI, banking, nbfc, banks, DCCO, commercial real estate

RBI relief for banks on project finance provisioning

RBI eases project finance norms, cutting provisioning to 1% from proposed 5% during construction. Final guidelines offer relief to banks…

June 19, 2025 23:19 IST

gold loan, gold, finance, banking, banks, reserve bank of india

Gold loan financiers stare at cost surge

Gold loan financiers face rising costs as RBI guidelines push shift to cash flow-based assessment. Higher LTV ratios, stricter auction…

June 19, 2025 22:23 IST

bank credit growth, banking, banks, sbi, federal bank, reserve bank of india

Credit growth likely to have bottomed out

India’s bank credit growth, which hit a three-year low of 8.97% in May, is expected to recover by H2 FY26.…

June 18, 2025 20:51 IST

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Indian Students Denied US Visas Amid Social Media Review

Indian student admitted to Columbia denied US visa over ‘insufficient ties to India’

Hospitals hope to see 8 to 10 % rise in CGHS billings if no devil in the details

Business29 min ago

Hospitals are examining the revised CGHS rates to assess their impact, with some procedures seeing a notable rise while others remain unchanged. The overall revenue for hospitals is expected to increase by 8-10%. Industry experts welcome this move and hope for similar improvements in other government healthcare schemes. They also urge for regular rate benchmarking

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