Subrata Panda

Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge

Pension regulator in talks with HRMS providers to enable salary-linked contributions; sees scope for pension funds to finance infrastructure

Industry leaders back customer-centric changes but flag impact of commission caps, expense limits, and uniform implementation timelines

Ajay Seth says India's insurance sector must grow 1.5-2 times faster than the economy, with faster claims settlement, greater transparency and lower distribution costs key to expanding coverage

At the BFSI Insight Summit 2026, Irdai chief Ajay Seth called for transformative reforms to help insurance grow up to twice as fast as India's economy, with faster claims and wider coverage

Uday Kotak warns India must prepare to repay $160-170 billion in FCNR(B) deposits and interest over three to five years, urging structural reforms to address macroeconomic risks

Setty says SBI's house view is a 50-bp rate increase by December; Kotak flags $160-170 billion FCNR(B) repayment obligation

The lender is evaluating the Supreme Court judgment setting aside the Rs 8,415 crore AT-1 bond write-off and will communicate its decision on coupon payments in due course.

Standalone profit rose 29 per cent as NII grew 16 per cent and provisions fell, though large FCNR(B) inflows pushed net interest margin down to 4.31 per cent

IndusInd Bank reported a net profit of ₹1,242 crore in Q2FY27 against a loss a year ago, aided by lower provisions and higher other income, while asset quality improved

SBI Research says the RBI's ₹2.5 trillion liquidity injection amid calibrated monetary tightening sends contradictory signals and could complicate monetary policy transmission

A shallower rate-hike cycle could still strain household budgets as higher EMIs, elevated inflation and uncertain wage growth weigh on borrowers

The lender said preliminary analysis of around 375,000 dark web records identified 3,897 customer records containing personal information; a detailed investigation is under way

RBI Deputy Governor Swaminathan J says checks and balances help reduce fraud and errors, while financial institutions must maintain strong controls as technology reshapes processes

HDFC Bank is conducting an internal review into an alleged leak of confidential information, with two executives potentially identified; action will follow the findings

Limited overseas reach constrained FCNR(B) deposit mobilisation; incoming chief Anup Bagchi may explore expansion as the lender reviews its strategy

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

HDFC Bank, ICICI Bank and Axis Bank report sequential declines in net interest margins as FCNR(B) deposits weigh on earnings, but expect recovery as funds are deployed

HDFC Bank faces a major leadership transition as several senior executives prepare to exit, with incoming MD & CEO Anup Bagchi tasked with rebuilding the bank's top management team.

Banks are exploring higher policy sales and changes in product mix to offset potential fee income losses, while RBL Bank estimates a 50-60% decline in bancassurance income