Subrata Panda

Nabard withdraws its planned re-issuance of bonds worth ₹7,000 crore

Nabard withdrew its planned Rs 7,000-crore bond reissuance after weak investor response and demands for higher yields amid volatile market conditions

₹2,250 cr infusion may be enough for Axis Fin's growth needs for 3.5 years

Axis Finance's Rs 2,250-crore capital infusion from Axis Bank and Kedaara Capital is expected to support the NBFC's growth and delay upper-layer classification

Emirates NBD gets approvals for majority stake acquisition in RBL Bank

Emirates NBD has secured all approvals for its proposed majority stake acquisition in RBL Bank, marking one of India's largest cross-border banking deals

Banks back RBI's proposed 1-hour lag for digital payments above ₹10K

But they seek increase in threshold to ₹25,000; payment industry flags operational issues

Insurance cos must sell protection products first: SBI MD Ashwini Tewari

SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling

IIFL Finance shares jump despite ₹476 crore income tax demand notice

Lender says it has strong legal grounds to contest the tax demand as investors cheer the end of a key regulatory overhang on the stock

NaBFID raises ₹4,000 crore through 10-year bonds at 7.74% yield

State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis

PSBs' net profit up 11.2% in FY26, hits new high of ₹1.98 trillion

Public sector banks posted record profitability for the fourth straight year in FY26, aided by strong credit growth, improved asset quality, and better operational efficiency

RBI cancels licence of Sarvodaya Co-operative Bank over weak finances

The central bank cited inadequate capital, weak earnings prospects, and regulatory non-compliance while directing the Maharashtra registrar to initiate winding-up proceedings

True North exits FedFina with nearly 7% stake sale via block deal

Private equity firm True North has exited Fedbank Financial Services by selling its nearly 7 per cent stake to Nomura India Equity Fund through a block deal

Succession pressure is lower as we have more group firms: Sanjiv Bajaj

Bajaj outlined the group's ambition to take Bajaj Finserv to every middle-class household in India over next 5 years and build it into country's "best" and one of its largest financial conglomerates

Prosperity is both India's ambition and destiny: RBI dy governor Gupta

RBI Deputy Governor Poonam Gupta says India has entered a virtuous cycle of growth and stability, with many states likely to approach high-income levels by 2047

J&K Bank aims for ₹5 trn biz, near-zero net NPA in 2-3 years: MD & CEO

MD & CEO Amitava Chatterjee says the bank aims to become a national player with a stronger retail footprint outside Jammu & Kashmir

Banking sector buckles up to tackle rising cybersecurity risks from Mythos

Global regulators and Indian banks race to strengthen cybersecurity as Anthropic's Claude Mythos raises fears of AI-powered systemic financial attacks

India's M&A market resilient despite global uncertainty: StanChart's Singhi

Standard Chartered's Rajesh Singhi says outbound acquisitions, financial services and EMS are driving deal activity despite geopolitical uncertainty and higher interest rates

SBI's Q4 net profit rises 5.6% due to a drop in non-interest income

Posts record yearly profit of Rs 80,032 crore; Shares plunge over 6% of margin compression

ECLGS 5.0: Top 3 airlines may get up to ₹1.5K cr each, says DFS secy

Credit facilities worth Rs 70,000-80,000 crore available with SBI for MSMEs under ECLGS scheme: SBI chairman

Banks expect MSME credit spurt from ECLGS 5.0 amid war shadow on growth

Indian banks relied heavily on MSMEs to drive credit growth in FY26, and were bracing for stress in the segment in FY27 due to the West Asia situation

Banks seek promoters' skin in the game for Vodafone Idea funding

Banks seek guarantees from group companies, capital infusion commitment in case of default

RBI rejigs portfolios of DGs; Rohit Jain takes charge as deputy governor

RBI reshuffles responsibilities among its four deputy governors after Rohit Jain assumes charge, assigning key roles across supervision, policy, markets, regulation, and technology