Subrata Panda

SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling

Lender says it has strong legal grounds to contest the tax demand as investors cheer the end of a key regulatory overhang on the stock

State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis

Public sector banks posted record profitability for the fourth straight year in FY26, aided by strong credit growth, improved asset quality, and better operational efficiency

The central bank cited inadequate capital, weak earnings prospects, and regulatory non-compliance while directing the Maharashtra registrar to initiate winding-up proceedings

Private equity firm True North has exited Fedbank Financial Services by selling its nearly 7 per cent stake to Nomura India Equity Fund through a block deal

Bajaj outlined the group's ambition to take Bajaj Finserv to every middle-class household in India over next 5 years and build it into country's "best" and one of its largest financial conglomerates

RBI Deputy Governor Poonam Gupta says India has entered a virtuous cycle of growth and stability, with many states likely to approach high-income levels by 2047

MD & CEO Amitava Chatterjee says the bank aims to become a national player with a stronger retail footprint outside Jammu & Kashmir

Global regulators and Indian banks race to strengthen cybersecurity as Anthropic's Claude Mythos raises fears of AI-powered systemic financial attacks

Standard Chartered's Rajesh Singhi says outbound acquisitions, financial services and EMS are driving deal activity despite geopolitical uncertainty and higher interest rates

Posts record yearly profit of Rs 80,032 crore; Shares plunge over 6% of margin compression

Credit facilities worth Rs 70,000-80,000 crore available with SBI for MSMEs under ECLGS scheme: SBI chairman

Indian banks relied heavily on MSMEs to drive credit growth in FY26, and were bracing for stress in the segment in FY27 due to the West Asia situation

Banks seek guarantees from group companies, capital infusion commitment in case of default

RBI reshuffles responsibilities among its four deputy governors after Rohit Jain assumes charge, assigning key roles across supervision, policy, markets, regulation, and technology

Corporate and MSME loans power credit growth as retail lending lags, but banks expect a pickup in FY27

Net interest income (NII) grew 8 per cent Y-o-Y to Rs 7,876 crore, supported by strong loan growth; standalone net profit was up 13 per cent Y-o-Y

Bank to strengthen retail franchise and Tier-1 presence by acquiring seasoned credit card portfolio from Standard Chartered amid broader retail strategy shift

UK-headquartered Standard Chartered Bank, as part of its retail business strategy, had earlier said it would not push standalone credit cards in India