Bank
- INDIAINDIA · 2 min
HDFC Bank CEO Sashidhar Jagdishan to step down after six years
Sashidhar Jagdishan, the CEO and managing director of HDFC Bank, is set to leave his position after six years at the helm, according to livemint.com.
31 Aug, 07:28 am IST - INDIAINDIA · 2 min
IndusInd Bank aims for 1% RoA to stabilize balance sheet
IndusInd Bank is targeting a return on assets (RoA) of 1% as a key milestone to stabilize its balance sheet and improve profitability, according to livemint.com.
30 Aug, 07:28 am IST - INDIAINDIA · 1 min
HDFC Bank CEO Sashidhar Jagdishan opts out of reappointment
Sashidhar Jagdishan, Managing Director and Chief Executive Officer of HDFC Bank, has decided not to seek reappointment after his current term ends, according to livemint.com.
29 Aug, 09:28 pm IST - INDIAINDIA · 2 min
HDFC Bank’s retail deposit share declines as wholesale funding rises
HDFC Bank’s retail deposit share fell to 55.9% of total deposits in fiscal year 2026, down from 56.7% in FY25 and 58.1% in FY23, according to data reported by ET BFSI.
26 Aug, 11:28 am IST - INDIAINDIA · 2 min
Bank unions announce strikes over five-day week and pension demands
The United Forum of Bank Unions (UFBU) announced multiple strikes starting with an all-India strike on September 11, followed by a three-day strike from Se…
24 Aug, 03:29 pm IST - INDIAINDIA · 2 min
HDFC Bank raises $1.75 billion via dual-tranche bond sale
HDFC Bank raised $1.75 billion through a dual-tranche senior unsecured bond issuance via its GIFT City branch, the bank confirmed in an exchange filing.
21 Aug, 11:29 am IST - INDIAINDIA · 2 min
LIC gets RBI nod to raise stake in HDFC Bank to 9.99%
The Life Insurance Corporation of India (LIC) has received approval from the Reserve Bank of India (RBI) to increase its stake in HDFC Bank from 4.11% to up to 9.99%, the bank announced on August 19.
20 Aug, 07:28 am IST - GLOBALGLOBAL · 1 min
Mizuho expects Bank of Japan to raise rates soon and more often
Mizuho Financial Group Inc. anticipates the Bank of Japan (BOJ) will accelerate interest-rate hikes, with the next increase possibly occurring as soon as next month.
19 Aug, 05:28 am IST - FUNDINGFUNDING · 2 min
Bank of America warns bond investors as US debt nears $40 trillion
The U.S. national debt is approaching $40 trillion, with the Treasury’s official data showing it at roughly $39.9 trillion in mid-August.
19 Aug, 03:28 am IST - FUNDINGFUNDING · 2 min
State Bank of India raises $500 million via overseas bond issue
State Bank of India raised $500 million by issuing bonds through its London branch, the bank announced on Thursday.
13 Aug, 11:28 pm IST - FUNDINGFUNDING · 2 min
Bank of America to acquire 49.9% stake in Jio Credit for ₹18,268 crore
Bank of America Corporation (BofA) will acquire up to a 49.9% stake in Jio Financial Services Limited's (JFSL) wholly owned non-banking financial company (…
12 Aug, 11:28 pm IST - FUNDINGFUNDING · 2 min
I Squared-backed Lightstorm raises ₹2,500 crore debt from IndusInd Bank
Lightstorm Telecom Connectivity Pvt. Ltd, backed by private equity firm I Squared Capital, secured a ₹2,500 crore ($260 million) long-term debt facility fr…
11 Aug, 07:28 am IST - INDIAINDIA · 2 min
IDFC First Bank CEO responds swiftly to ₹646 crore fraud at Chandigarh branch
IDFC First Bank faced a ₹646 crore fraud at its Chandigarh branch, prompting a rapid response from the bank's top management. Managing director and chief executive V.
09 Aug, 07:28 pm IST - GLOBALGLOBAL · 2 min
Bank of America spends $250 million annually on weight-loss drugs for staff
Bank of America is allocating $250 million annually to cover weight-loss drugs for its employees, CEO Brian Moynihan said in an interview with CNBC.
07 Aug, 11:28 pm IST - GLOBALGLOBAL · 1 min
Bank of Japan Governor Ueda to address yen slide after policy meeting
Bank of Japan Governor Kazuo Ueda is set to speak following the central bank's policy meeting on Friday, a key moment for the yen amid its persistent decline.
29 Jul, 05:28 am IST - INDIAINDIA · 1 min
HDFC Bank CEO, CFO fined ₹1 lakh for business overreach in MSRDC deposits
HDFC Bank issued warning letters and imposed a ₹1 lakh penalty on its CEO, Managing Director, and Chief Financial Officer for business overreach related to…
27 Jul, 05:28 pm IST - INDIAINDIA · 2 min
IDFC First Bank shares jump 9% on strong Q1 profit growth
IDFC First Bank's shares surged 9.48% on the BSE during Monday's trading session after the lender reported robust financial results for the first quarter of fiscal year 2027 ending June 2026.
27 Jul, 01:28 pm IST - INDIAINDIA · 1 min
Canara Bank Q1 net profit rises 2% to ₹4,856 crore
State-owned Canara Bank reported a 2% year-on-year rise in its net profit to ₹4,856 crore for the first quarter of fiscal year 2027, compared with ₹4,752 c…
27 Jul, 01:28 pm IST - INDIAINDIA · 1 min
IDFC First Bank net profit surges 132% to ₹1,075 crore in Q1 FY27
IDFC First Bank reported a net profit of ₹1,075 crore for the first quarter of fiscal year 2027, marking a 132.2% year-on-year increase, the company announced on July 25.
25 Jul, 07:28 pm IST - INDIAINDIA · 2 min
Bank of Baroda Q1 profit falls 72% to ₹1,278 crore on one-time expense
Bank of Baroda reported a standalone net profit of ₹1,278.39 crore for the April-June quarter of financial year 2026-27 (Q1FY27), marking a nearly 72% year…
24 Jul, 07:28 pm IST - INDIAINDIA · 1 min
Ujjivan Small Finance Bank Q1 net profit rises 200% to ₹317 crore
Ujjivan Small Finance Bank reported a net profit of ₹317 crore for the first quarter ending June 30, 2026, marking a 200% increase year-on-year.
23 Jul, 03:28 pm IST - INDIAINDIA · 2 min
US law firm probes HDFC Bank for potential securities violations
Glancy Prongay & Rotter, a US law firm, has initiated an investigation into HDFC Bank concerning possible violations of US federal securities laws.
23 Jul, 01:28 pm IST - INDIAINDIA · 2 min
IndusInd Bank Q1 net profit rises 72% to ₹1,037 crore
IndusInd Bank reported a 72% year-on-year increase in its consolidated net profit to ₹1,037 crore for the quarter ended June 2026, up from ₹604 crore in th…
22 Jul, 05:28 pm IST - INDIAINDIA · 2 min
Bandhan Bank shares fall over 14% after weak FY27 margin outlook
Bandhan Bank's shares dropped more than 14% in early trade on July 22 after the private lender reported its Q1 FY27 results and lowered its full-year retur…
22 Jul, 11:28 am IST - INDIAINDIA · 2 min
HDFC Bank shares fall over 7% after Q1 earnings on margin concerns
HDFC Bank shares dropped more than 7% over two days following the release of its Q1 earnings, driven by concerns over margin pressures despite strong loan growth.
21 Jul, 05:29 pm IST - INDIAINDIA · 2 min
Central Bank auctions Wadia Realty’s Thane land to recover Go First dues
Central Bank of India has initiated an e-auction of Wadia Realty Pvt Ltd’s 94.71-acre land parcel in Thane to recover dues from the liquidated Go Airlines India Ltd, also known as Go First.
21 Jul, 11:28 am IST - INDIAINDIA · 1 min
IDBI Bank Q1 net profit rises 5% to ₹2,115 crore, NII up 10%
IDBI Bank reported a 5% year-on-year increase in net profit to ₹2,115 crore for the first quarter ending June 30, 2026.
20 Jul, 03:28 pm IST - INDIAINDIA · 1 min
Kotak Mahindra Bank CEO Ashok Vaswani to step down in 2026
Ashok Vaswani, who became managing director and CEO of Kotak Mahindra Bank on January 1, 2024, announced he will not continue beyond his current term endin…
20 Jul, 05:28 am IST - INDIAINDIA · 1 min
Yes Bank net profit rises 33.7% in Q1 FY27 on advances growth
Yes Bank reported a net profit of ₹1,071 crore for the quarter ending June 2026, marking a 33.7% year-on-year increase and a 0.2% rise quarter-on-quarter, according to livemint.com.
18 Jul, 03:28 pm IST - INDIAINDIA · 2 min
Kotak Mahindra Bank Q1 net profit rises 22.5% to ₹5,480 crore
Kotak Mahindra Bank reported a 22.5% year-on-year increase in its consolidated net profit for the quarter ended June 2026, reaching ₹5,480.46 crore, up fro…
18 Jul, 01:28 pm IST