Subrata Panda

Federal Bank Q1FY27 results: Net profit jumps 37% to ₹1,177 crore

NII rose 26 per cent YoY to Rs 2,946 crore, supported by healthy growth in advances and an expansion in margins. Sequentially, NII declined 7 per cent

RBI asks banks to sell immovable assets from bad loans within 7 years

Banks must dispose of immovable assets acquired in satisfaction of bad loans within seven years through public auction under the RBI's revised prudential framework

Will re-evaluate universal bank licence application: Jana SFB chief

Jana Small Finance Bank expects 80% profit growth in FY27 as microfinance stress eases, while remaining open to reapplying for a universal banking licence

Foreign banks step up leverage to attract FCNR(B) deposits from NRIs

Some foreign banks are offering leverage of up to 19 times FCNR(B) deposits to attract NRI funds as lenders intensify mobilisation efforts under the RBI's special scheme

Banks courting corporate clients for merger and acquisition financing

Banks are pitching M&A financing to corporate clients after RBI's new norms, setting the stage for stronger competition with private credit funds

Banks alone can't fund Viksit Bharat; bond market must step up: Crisil

Crisil says India's debt capital market must deepen to support the Viksit Bharat vision, with India Inc expected to require Rs 130-140 trillion in debt funding over FY27-31

HDFC Bank gets RBI nod for former CEC Rajiv Kumar as part-time chair

Former Chief Election Commissioner Rajiv Kumar will serve as HDFC Bank's part-time chairman for three years after receiving the Reserve Bank of India's approval

Tata Capital raises $400 mn via 3.5-year overseas bond at T+107 bps

Tata Capital has raised $400 million through a 3.5-year overseas bond, with robust investor demand helping tighten pricing by 33 basis points from initial guidance

RBI proposes one-time nod for MFs, insurers to raise bank stakes

The central bank has proposed a one-time approval mechanism for mutual funds, insurers and pension funds to acquire major shareholding in banks, replacing repeated approvals

FDI will gather pace in H2CY26, says Citi India CEO K Balasubramanian

Balasubramanian said the Reserve Bank of India's recent measures to attract foreign capital could bring as much as $75 billion in inflows

Strong funding demand lifts bank, commercial paper borrowings in Q1

In June alone, CP issuances climbed to a 55-month high of ₹2.55 trillion, largely driven by refinancing of maturing papers

A first in 9 years: HDFC Bank trims workforce amid tech, AI ramp up

India's third largest private sector lender, Axis Bank had also reduced its workforce by around 3,100 in FY26 as investments in technology over the years began yielding productivity gains

HDFC Bank chairman, CEO reaffirm commitment to governance in annual report

In its FY26 annual report, HDFC Bank's leadership defended the lender's governance standards after former chairman Atanu Chakraborty's resignation triggered questions over board oversight

Bank credit growth hits two-year high of 18.6% in June-end fortnight

Deposits rise by nearly Rs 7 trillion in the fortnight, third highest in 29 years

Outbound M&A story intact despite West Asia risks: HSBC's Ajay Sharma

Indian companies' overseas expansion will continue despite geopolitical uncertainty, driven by supply chain diversification, FTAs, AI-led growth and relatively attractive overseas valuations, HSBC's A

HSBC, Citi, DBS among 17 banks to pilot Swift's blockchain ledger

The pilot will enable participating banks to support round-the-clock cross-border payments using tokenised deposits while settling transactions through existing payment systems

Federal Bank gets inaugural BBB- investment-grade issuer rating from S&P

S&P Global Ratings assigned the private sector lender a BBB-/Stable long-term issuer credit rating, recognising its franchise strength, capitalisation and financial resilience

Mobilisation test: Foreign banks' leverage key to FCNR (B) inflows

Foreign banks' India exposure limits may shape FCNR(B) inflows as Indian lenders tweak deposit rates and tenors to attract NRI funds under the RBI scheme

RBI approves Mahesh Pai as South Indian Bank MD & CEO for three years

Yet another public sector banker takes charge of a pvt bank; Stock plunges 8.5%

SBI joins global banks to fund Sun Pharma's $11.75 billion Organon buy

SBI is the only domestic bank to participate in the loan syndication