Page 2 - Subrata Panda

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

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

HSBC leads in FCNR (B) deposit mobilisation with over $5 billion

HSBC has mobilised over $5 billion in FCNR(B) deposits under the RBI's swap scheme, leveraging its global network and expanding NRI banking presence in India

Foreign investors return shows renewed confidence in India: RBI bulletin

The central bank said resilient domestic activity, improving trade momentum and stronger foreign investment inflows point to a favourable outlook for the Indian economy

Bandhan Bank shares plunge nearly 17% after lender cuts RoA guidance

The lender lowered its FY27 return on assets guidance after June-quarter earnings, overshadowing a 35 per cent rise in net profit and weighing on investor sentiment

IndusInd Bank posts 72% rise in Q1 profit on lower provisions, slippages

The lender reported a 72% rise in June-quarter profit as lower provisions and easing slippages improved earnings despite modest NII growth and continued pressure on margins

Strong early response to swap window fuels $70 billion inflows hope

Foreign banks appear to have driven the early success of the RBI's swap scheme, say experts

No further dilution by SBI in SBI Funds Management: Chairman C S Setty

SBI Funds Management made a subdued debut on the bourses, listing at Rs 613.30, a premium of 6.85 per cent over its issue price of Rs 574

Bandhan Bank's Q1 profit up 35% on lower provisions, asset quality improves

Bandhan Bank reported a 35 per cent rise in Q1FY27 net profit, helped by lower provisions, while advances grew 16.4 per cent and gross as well as net NPAs declined

Geopolitical risks may keep credit-deposit gap elevated: SBI report

SBI Economic Research says prolonged geopolitical tensions and supply shocks could keep credit growth ahead of deposits, though FCNR(B) inflows may improve deposit mobilisation

Margin squeeze triggers selloff in pvt bank stocks; benchmarks end lower

Benchmarks end lower; ICICI Bank bucks the trend, PNB shine

Empower Internal Ombudsmen, use feedback to strengthen institutions: RBI DG

RBI Deputy Governor says boards and senior management should ensure Internal Ombudsmen function independently and use complaint data to improve governance and customer service

Banks pare FCNR (B) inflow expectations amid leverage and tax hurdles

Banks expect strong NRI interest in RBI's FCNR(B) scheme but say leverage limits, overseas regulations and tax issues could curb fund mobilisation

Banks align on Vodafone Idea's projections, seek promoter promise

Banks have largely agreed on Vodafone Idea's financial projections but want stronger promoter guarantees before approving ₹35,000 crore in fresh funding

HDFC Bank board to soon decide on CEO reappointment, says deputy MD

The Governance, Nomination and Remuneration Committee is expected to conclude the process soon before the proposal is sent to the RBI for regulatory approval

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