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Subrata Panda

Subrata Panda

Subrata Panda

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

FDI will gather pace in H2CY26, says Citi India CEO K Balasubramanian
Updated On : 13 Jul 2026 | 11:27 PM IST

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

Strong funding demand lifts bank, commercial paper borrowings in Q1
Updated On : 13 Jul 2026 | 11:18 PM IST

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

A first in 9 years: HDFC Bank trims workforce amid tech, AI ramp up
Updated On : 12 Jul 2026 | 11:28 PM IST

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

HDFC Bank chairman, CEO reaffirm commitment to governance in annual report
Updated On : 11 Jul 2026 | 5:47 PM IST

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

Bank credit growth hits two-year high of 18.6% in June-end fortnight
Updated On : 10 Jul 2026 | 11:31 PM IST

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

Outbound M&A story intact despite West Asia risks: HSBC's Ajay Sharma
Updated On : 09 Jul 2026 | 10:50 PM IST

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

HSBC, Citi, DBS among 17 banks to pilot Swift's blockchain ledger
Updated On : 09 Jul 2026 | 9:46 PM IST

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

Federal Bank gets inaugural BBB- investment-grade issuer rating from S&P
Updated On : 09 Jul 2026 | 9:02 PM IST

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

Mobilisation test: Foreign banks' leverage key to FCNR (B) inflows
Updated On : 08 Jul 2026 | 11:57 PM IST

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%

RBI approves Mahesh Pai as South Indian Bank MD & CEO for three years
Updated On : 08 Jul 2026 | 11:17 PM IST

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

SBI joins global banks to fund Sun Pharma's $11.75 billion Organon buy
Updated On : 07 Jul 2026 | 10:50 PM IST

Q1 results preview: Banks' earnings may reflect healthy loan growth

Healthy credit growth and treasury gains are expected to lift banks' Q1FY27 profits, while asset quality remains stable despite concerns over the West Asia conflict

Q1 results preview: Banks' earnings may reflect healthy loan growth
Updated On : 06 Jul 2026 | 6:37 AM IST

Axis Bank leads large private banks in loan, deposit growth in Q1FY27

Axis Bank posted the strongest growth in loans and deposits among large private banks in Q1FY27, while HDFC Bank and Kotak Mahindra Bank also reported healthy balance-sheet expansion

Axis Bank leads large private banks in loan, deposit growth in Q1FY27
Updated On : 05 Jul 2026 | 11:39 PM IST

StanChart shuts 20 India branches, sharpens focus on wealth management

The development comes as the British lender is turning its focus toward advisory-led services like wealth management

StanChart shuts 20 India branches, sharpens focus on wealth management
Updated On : 05 Jul 2026 | 11:03 PM IST

HDFC Bank's advances rise 15.4% YoY, deposits grow 14.7% in Q1FY27

India's largest private lender reports gross advances of Rs 30.61 trillion and deposits of Rs 31.71 trillion at June-end, while CASA deposits decline sequentially

HDFC Bank's advances rise 15.4% YoY, deposits grow 14.7% in Q1FY27
Updated On : 04 Jul 2026 | 4:06 PM IST

IndusInd Bank loan book grew in Q1, a first since accounting lapse

Public sector lenders Union Bank of India, Central Bank of India and Canara Bank posted double-digit growth in advances in April-June of FY27

IndusInd Bank loan book grew in Q1, a first since accounting lapse
Updated On : 03 Jul 2026 | 11:34 PM IST

9 former Axis Bank execs take top leadership roles across financial sector

Axis Bank has emerged as a major leadership talent pool for India's financial sector, with former executives taking top roles across banks, NBFCs and financial institutions

9 former Axis Bank execs take top leadership roles across financial sector
Updated On : 03 Jul 2026 | 11:32 PM IST

1st in nearly a decade: ICICI Bank plans to raise $500 mn via dollar bonds

ICICI Bank will become the fourth commercial bank to take advantage of RBI's concessional swap window for overseas foreign currency borrowing

1st in nearly a decade: ICICI Bank plans to raise $500 mn via dollar bonds
Updated On : 03 Jul 2026 | 11:23 PM IST

Banks bet on Gulf, Singapore and Hong Kong to drive FCNR (B) flows

Banks expect the RBI's FCNR(B) deposit scheme to attract major inflows from the Gulf, Singapore and Hong Kong, with mobilisation expected to accelerate in August

Banks bet on Gulf, Singapore and Hong Kong to drive FCNR (B) flows
Updated On : 03 Jul 2026 | 7:19 AM IST

Bank of Baroda to pay $600 million to settle NMC Health litigation

Amount is equivalent to bank's net profit in Q4FY26

Bank of Baroda to pay $600 million to settle NMC Health litigation
Updated On : 02 Jul 2026 | 10:53 PM IST