Subrata Panda

Tata Sons continues as upper-layer NBFC, RBI says deregistration pending

The Reserve Bank of India indicates Tata Sons continues to be an upper-layer NBFC under principle-based norms, while its application to surrender its CIC licence remains under consideration.

HDFC Bank has no systemic governance concerns, says Chairman Rajiv Kumar

Chairman Rajiv Kumar says HDFC Bank remains fundamentally strong with robust governance systems, while expressing confidence that CASA and margins will improve over the next two to three years

CD issuances plunge in July as mobilisation of FCNR(B) deposits spikes

Banks sharply cut certificate of deposit issuances in July as strong FCNR(B) inflows under the RBI's swap scheme eased liquidity pressures and lowered funding costs

Private banks step up FCNR (B) mobilisation with higher deposit rates

HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates as lenders compete for foreign currency inflows ahead of the RBI's September-end swap window deadline

HDFC Bank raises 3-5 year FCNR(B) dollar deposit rate by 25 bps to 6.25%

The private sector lender raised its dollar deposit rate by 25 basis points as banks compete for non-resident funds before the RBI's concessional swap window closes

RBI's special forex swap window outpaces 2013 inflows in only weeks

FCNR(B) deposits contributed $36.7 billion as banks raised nearly $41 billion under the RBI's concessional swap facility in less than two months, exceeding the 2013 mobilisation

Industrial credit growth triples to 19.2% in June on broad-based rise

Industrial lending gathered pace across micro, small, medium and large enterprises as non-food bank credit, services, agriculture and retail loans also recorded stronger growth

RBI allows banks to link bulk deposit rates to liquidity profile

Banks can now price bulk deposits based on liquidity characteristics under the LCR framework, while continuing to follow uniform interest rate norms

Bajaj Finance Q1 standalone net profit rises 29%; AUM tops ₹4 trn

Standalone NII rose 24 per cent and AUM crossed Rs 4 trillion as the lender reported improved asset quality, while deposits declined 5 per cent year-on-year

SBI raises ₹4,691 crore via AT-I bonds at 7.75%, first issuance in FY27

The country's largest lender received 89 bids and retained Rs 4,691 crore from the perpetual bond issue, marking the first AT-I issuance by a bank in FY27

Lender fixes accountability: HDFC Bank clears path for CEO call

With the legal review and the MSRDC deposit issue now closed, HDFC Bank's board is expected to take up Managing Director and CEO Sashidhar Jagdishan's reappointment

BharatPe, Centrum Financial Services lock horns over Unity SFB capital move

Court restrains lender from taking up authorised share capital increase without BharatPe's approval as shareholders dispute warrant conversion and potential stake dilution

HDFC Bank's board penalises Sashidhar Jagdishan, cites biz overreach

CFO, group retail assets head also fined ₹1 lakh, warned over MSRDC deposits

BoB hit by cyberattack: 1 terabyte of customer data 'leaked on dark web'

State-owned lender orders a forensic audit after an employee's email account was compromised, while maintaining that its core banking systems were not accessed

FCNR(B) inflows may have crossed 2013 level in just 45 days: SBI Research

SBI Research now expects FCNR(B) deposits of $65-70 billion by the end of the scheme, significantly higher than its earlier estimate of $40-45 billion

Bank of Baroda aims $3 bn in FCNR (B) deposits: MD & CEO Debadatta Chand

Bank of Baroda expects RoA above 1% in the remaining FY27 quarters, despite a one-time litigation settlement, while retaining confidence in growth and profitability

Targeting ₹20,000 cr gold loan goal portfolio in 3 years: Umesh Revankar

Shriram Finance retains FY27 AUM growth guidance despite fuel price concerns, bets on aggressive gold loan expansion and expects NIMs to stay strong

ICICI Bank raises $1 billion through 5-year USD bonds at T+100 bps

This is ICICI Bank's first dollar bond issuance since 2017 and also the largest single tranche dollar bond issuance by an Indian issuer in 2026

Bank of Baroda's net profit slumps 72% on one-time settlement hit

The state-owned lender absorbed a one-time ₹5,700 crore settlement charge linked to NMC Health litigation, while core operating performance remained resilient

Large Indian banks revive dollar bond plans after period of lull

Indian banks are preparing dollar bond issuances before the RBI's concessional swap window closes in December, seeking cheaper overseas funding options