Bank
- INDIAINDIA · 2 min
HDFC Bank, ICICI, Axis, Yes Bank to announce Q2 earnings on October 17
Four major private sector lenders in India—HDFC Bank, ICICI Bank, Axis Bank, and Yes Bank—are set to announce their Q2FY27 earnings on October 17.
16 Oct, 04:05 pm IST - INDIAINDIA · 2 min
HDFC Bank shares rise 1.6% ahead of Q2 results on October 17
HDFC Bank shares climbed 1.60 percent to ₹722.10 on the NSE as of 12:16 IST on Thursday, October 15, rising from a previous close of ₹710.70, according to thehindubusinessline.com.
15 Oct, 02:05 pm IST - INDIAINDIA · 2 min
Fairfax to acquire 60.72% stake in IDBI Bank for ₹52,878 crore
The Indian government approved the sale of a 60.72% stake in IDBI Bank to Canada's Fairfax Financial Holdings for ₹52,878 crore, marking the country's largest strategic disinvestment since Air India.
15 Oct, 10:05 am IST - POLICYPOLICY · 2 min
Cabinet approves Rs 52,878 crore sale of IDBI Bank stake to Fairfax arm
The Union Cabinet approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings’ subsidiary, M/s 10955230 Canada Inc., for Rs 52,878.08 crore.
14 Oct, 08:05 pm IST - POLICYPOLICY · 2 min
Bank of America fined $1.2 billion for anti-money laundering failures
The Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday for years of failures in its anti-money-laundering program, mar…
14 Oct, 10:05 am IST - INDIAINDIA · 1 min
RBL Bank Q2 profit nearly triples to Rs 482 crore on loan growth
RBL Bank reported a nearly threefold increase in its profit for the second quarter of FY27, reaching Rs 482 crore.
12 Oct, 10:05 pm IST - INDIAINDIA · 2 min
HDFC Bank proposes ₹35.9 crore annual pay for incoming CEO Anup Bagchi
HDFC Bank has proposed an annual pay package of up to ₹35.90 crore for its incoming CEO Anup Bagchi, potentially making him India's highest-paid bank chief.
09 Oct, 07:29 pm IST - INDIAINDIA · 2 min
Kotak Mahindra Bank shares rise 3.7% after strong Q2 loan and deposit growth
Kotak Mahindra Bank shares surged 3.7% to ₹431.30 on the NSE after the bank reported robust provisional business updates for the September quarter.
06 Oct, 05:29 pm IST - INDIAINDIA · 2 min
HDFC Bank appoints Anup Bagchi as MD and CEO for three-year term
HDFC Bank has appointed Anup Bagchi as its Managing Director and Chief Executive Officer for a three-year term, following approval from the Reserve Bank of…
06 Oct, 01:29 pm IST - INDIAINDIA · 2 min
HDFC Bank appoints Anup Bagchi as new MD and CEO from October 27
HDFC Bank announced the appointment of Anup Bagchi as its new Managing Director and Chief Executive Officer, effective October 27, 2026.
03 Oct, 08:28 pm IST - INDIAINDIA · 2 min
Apple Pay launches in India with Axis Bank partnership
Apple Pay has officially launched in India, partnering with Axis Bank as its first banking collaborator, according to inc42.com.
30 Sept, 02:41 pm IST - INDIAINDIA · 2 min
Apple Pay may launch in India next month with Axis Bank partnership
Apple is preparing to launch its payments service Apple Pay in India as early as next month, with Axis Bank expected to be its first banking partner, according to inc42.com.
18 Sept, 01:28 pm IST - INDIAINDIA · 2 min
Kaizad Bharucha emerges as frontrunner to succeed HDFC Bank CEO
HDFC Bank's Managing Director and CEO, Sashidhar Jagdishan, is set to retire on October 26, 2026. The bank recently confirmed his retirement, sparking discussions about his successor.
14 Sept, 11:28 pm IST - INDIAINDIA · 2 min
RBL Bank shares rise on FCNR(B) deposit inflows in September
RBL Bank's shares have surged nearly 9% in September, reaching a new 52-week high amid strong investor interest in its foreign currency non-resident (bank)…
14 Sept, 07:28 am IST - INDIAINDIA · 2 min
Yes Bank and Open Financial launch AI platform to predict EMI payment failures
Yes Bank and Open Financial Technologies have launched a new AI-powered platform designed to predict failed EMI payments before they occur.
12 Sept, 03:28 pm IST - FUNDINGFUNDING · 2 min
Canara Bank raises $5.8 billion FCNR(B) deposits to cut funding costs
Canara Bank has raised $5.8 billion through Foreign Currency Non-Resident (Bank) or FCNR(B) deposits as part of its strategy to retire high-cost bulk fundi…
12 Sept, 01:28 pm IST - INDIAINDIA · 1 min
Kotak Mahindra Bank’s head of commercial banking Manish Kothari to quit
Kotak Mahindra Bank announced that Manish Kothari, its group president and head of commercial banking, will step down from his position on September 30.
10 Sept, 11:28 pm IST - FUNDINGFUNDING · 1 min
Greenwave Circularity raises $31.5 million from Development Bank of Austria
Greenwave Circularity, a recycling and sustainable packaging company backed by Moon Beverages, secured $31.5 million in funding from the Development Bank of Austria, the company announced today.
10 Sept, 05:28 pm IST - INDIAINDIA · 2 min
Axis Bank warns FCNR deposit surge may trigger abnormal lending
Axis Bank managing director Amitabh Chaudhry warned that India’s record inflow of foreign currency non-resident (FCNR) deposits, which reached $127.22 bill…
09 Sept, 07:28 pm IST - INDIAINDIA · 2 min
Bank of Baroda to divest 35% stake in NSE via IPO offer for sale
Bank of Baroda plans to divest up to 35% of its holding in the National Stock Exchange (NSE) by selling 76.90 lakh equity shares through an Offer for Sale…
08 Sept, 09:29 pm IST - FUNDINGFUNDING · 2 min
Norges Bank plans to cut $80 billion in US Treasury bonds
Norges Bank Investment Management, the world’s largest sovereign wealth fund with $2.3 trillion in assets, proposed reducing its holdings of U.S.
05 Sept, 01:28 am IST - FUNDINGFUNDING · 2 min
Silicon Valley Bank brand retires, becomes First Citizens Innovation Banking
Silicon Valley Bank (SVB) will retire its brand starting early October, transitioning to First Citizens Innovation Banking, according to an email from Fran…
04 Sept, 07:28 pm IST - 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