Punjab National Bank (PNB) registered its highest-ever quarterly net profit of ₹5,532 crore in Q2 FY27, backed by improving NIMs,…
Federal Bank reported a 45% YoY surge in Q2 net profit to ₹1,386 crore, driven by 26% NII growth, strong…
L&T Finance reports a 33% rise in consolidated net profit to Rs 975 crore, driven by strong retail loan growth,…
The Supreme Court upheld the Bombay High Court’s ruling to quash the Rs 8,415 crore write-off of YES Bank’s AT1…
Lenders are offering festive season deals with cash-backs, concessional rates, and fee waivers on loans for cars, homes, and consumer…
NPCI has postponed the rollout of Merchant Discount Rate on select UPI transactions until after Diwali, easing merchant operations during…
The share of new-to-credit borrowers in two-wheeler loans dropped to 39% in H1 2026 from 60% in 2019, as more…
RBL Bank posted a 170% rise in net profit to Rs 482 crore in Q2, driven by strong net interest…
The upcoming Rabi season faces risks from weak reservoir levels and El Nino, threatening agricultural credit and rural cash flows…
HDFC Bank’s incoming MD and CEO Anup Bagchi is set to be the highest-paid chief among private sector banks with…
The RBI keeps all options open for future rate hikes, focusing on inflation, liquidity, and economic conditions. Governor Malhotra highlights…
The rollout of the new MDR framework for UPI transactions may be delayed to January 1, 2027, giving merchants more…
Banks are poised for strong September quarter earnings, driven by robust credit growth and high FCNR(B) deposits. Margin pressure is…
Ahead of the October MPC review, 80% of economists polled expect the RBI to raise the repo rate by 25…
Bank of India, J&K Bank, and other public and private lenders reported strong double-digit loan growth for the July-September quarter,…
Loans against fixed deposits in India surged 43.2% year-on-year to ₹2.04 lakh crore in August, driven by leveraged FCNR(B) trades…
Anup Saha, former Bajaj Finance CEO, is set to lead Kotak Mahindra Bank as MD and CEO from January 2027,…
Banks shed costly deposits, cut CD dependence as surplus funds chase borrowers and bonds
