Yes Bank CEO Prashant Kumar says the SMBC deal removes investor uncertainty, strengthens the bank’s balance sheet, and could trigger…
UCO Bank MD & CEO Ashwani Kumar discusses credit growth, strong asset quality, and deposit boost plans. With improved NPAs,…
Amid rising cyber threats and India-Pakistan tensions, banks and insurers are boosting cybersecurity with 24×7 monitoring, quick response teams, mock…
Japan’s SMBC to acquire 20% stake in Yes Bank for Rs 13,483 crore, marking the largest foreign investment in India’s…
Punjab National Bank CEO Ashok Chandra expects to surpass credit growth targets in FY25, driven by corporate and RAM sectors.…
Crisil places IndusInd Bank’s long-term debt instruments on ‘watch negative’ citing top executive exits and MFI portfolio concerns. Discrepancies in…
Punjab National Bank (PNB) reported a 51.7% YoY surge in net profit to ₹4,567 crore for Q4 FY25, exceeding estimates,…
The Reserve Bank of India (RBI) received bids exceeding ₹1.32 lakh crore for its ₹50,000 crore open market operation (OMO)…
Bank of Baroda reported a 3.3% year-on-year increase in net profit to ₹5,048 crore for Q4FY25, below analyst estimates, primarily…
Shares of SBI and Kotak Mahindra Bank decline post weak Q4 results; SBI falls 1%, Kotak drops 4.5%. Brokerages stay…
The rupee gained 31 paise to 84.25/USD on falling crude oil prices and sustained foreign inflows. Brent crude dropped 4.55%…
SBI reports a 10% YoY drop in Q4 net profit to Rs 18,643 crore due to higher bad loan provisions.…
SC strikes down JSW Steel’s resolution plan for Bhushan Power, triggering concerns among banks over Rs 16,900 crore in recovered…
UPI transactions rose 34% YoY to 17.89 billion in April 2025, while value hit Rs 23.95 lakh crore, despite a…
IndusInd Bank MD and CEO Sumant Kathpalia has resigned with immediate effect, taking moral responsibility for accounting discrepancies in the…
IndusInd Bank deputy CEO Arun Khurana resigns amid accounting discrepancies in the derivatives business, citing accountability concerns. His exit follows…
IndusInd Bank identifies accounting errors due to notional profits from early-ended internal derivative trades. A forensic review by Grant Thornton…
IDFC First Bank to cut fixed deposit and savings account interest rates soon, aligning with larger banks. Despite rate cuts,…
