Subrata Panda

Productive capital, inclusion key to next growth phase: RBI Dy Guv

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

Fino PB sees no uncertainty over SFB nod from RBI after CEO's arrest

Bank's transition into SFB on track; no financial impact so far from the events that have unfolded

Visible signs of pickup in private investment cycle: Shaktikanta Das

Das highlighted that India is now witnessing a rapid transformation fuelled by the so-called 'triple threat' of progress: innovation, disruption and the birth of entirely new business models

Fino's SFB transition unlikely to be hit by CEO's arrest: Experts

Fino is the first and the only payments bank so far to apply for conversion into an SFB

Axis Bank seeks RBI nod to retain maximum possible equity in subsidiary

The bank will look to dilute a minimal stake in the wholly owned NBFC now that norms on overlapping business have been relaxed by the central bank

Gold loans pip personal loans in retail segment in Q3FY26, shows data

Gold loans overtake auto loans as the second-largest retail segment, with rapid growth driven by soaring gold prices and rising borrower demand

HSBC India pre-tax profit increases 10.5% to nearly $1.9 billion

HSBC India's CY25 pre-tax profit rose 10.5% to $1.9 billion, led by strong corporate banking performance, as India became its second-largest Asian profit contributor after Hong Kong

IDFC First Bank pays ₹583 cr to Haryana govt after detecting fraud

IDFC First Bank refunds Rs 583 crore to Haryana government after detecting a Rs 590-crore fraud, engages KPMG for a forensic audit and works with authorities on recovery

Banks step up CD borrowing as deposits lag credit growth: RBI data

Fortnightly issuance hits ₹1.34 trn; outstanding at record ₹6.62 trn

Chandigarh branch fraud: IDFC First Bank to pay Haryana govt ₹590 cr soon

RBI Gov says issue not systemic; bank term it an isolated incident

Shares of AU SFB tanks nearly 7% on de-empanelment by Haryana govt

In a notification issued on February 18, the state government stated that no government funds will henceforth be parked, deposited, invested, or transacted through these banks

IDFC First calls Chandigarh fraud 'isolated' incident, says impact limited

IDFC First Bank says the Rs 590 crore fraud at its Chandigarh branch was an isolated case, suspends staff, appoints KPMG for forensic audit, and asserts it has adequate buffers to absorb the impact

IDFC First Bank reports ₹590 crore fraud at its Chandigarh branch

Affected accounts belong to Haryana govt ; 4 suspended

DFS secy urges banks to lower cost of borrowing for small-ticket biz loans

DFS Secretary M Nagaraju asked banks to lower borrowing costs for small-ticket business loans and expand credit, stressing PSBs' strong capital position and upcoming digital lending portals

SBI in talks with Japanese lenders for acquisition financing: C S Setty

It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO

Indian Bank-led consortium looks to offload ₹738 cr bad loans of BLA Power

Lenders launch Swiss challenge auction with a ₹285 crore anchor bid, offering 39% recovery; counter-bids must be fully in cash

Banks take cautious approach to acquisition financing under new RBI norms

Banks are expected to move slowly on acquisition financing as RBI's conservative norms take effect, with exposure caps, leverage limits and valuation guardrails shaping early deals

LIC sets sights on sustained 60%-plus market share: MD & CEO R Doraiswamy

Doraiswamy says policy sales have gathered momentum after the goods and services tax (GST) rationalisation on individual life insurance premiums, increasing affordability for customers

Improving timely access to credit for MSMEs policy priority: RBI Guv

RBI Governor Sanjay Malhotra said enhancing timely and adequate formal credit access for MSMEs is a top priority, urging firms to formalise, maintain credit discipline and adopt digital payments

Don't see major impact of proposed mis-selling norms: Axis Max Life MD, CEO

Sumit Madan talks about RBI's proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm's business plans going forward, among other issues