Sunil Mehta to step down from the helm of IndusInd following completion of his term on Jan 30
Pipeline robust as firms look at more acquisitions
Net FDI in April-Nov period grows 7x to $5.6 billion compared to same period last year
India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal
With this service, customers can save their credit and debit cards to the Apple Wallet
Dy CEO Tibrewal steps down from board, will continue in current role
HDFC Bank said its elevated credit-deposit ratio will not constrain loan growth, while reiterating a glide path to bring it down to 85-90 per cent by FY27
Regulatory actions taken within individual mandates may be sound in isolation yet collectively may not fully address such cross-cutting risks, Murmu said
Bank will focus on multiproduct relationships with individual clients, which is anchored in wealth solutions, and international banking
He will oversee consumer banking, marketing and data analytics at the bank
Studying the implications, and will take deeper look at the company's financials, bankers said
Sebi issues show-cause notice to Bank of America over alleged insider trading lapses linked to Aditya Birla Sun Life's 2024 stake sale
RBI has flagged high expense structure, particularly acquisition costs of insurance companies, in its recent report
IIFL group firm plans to scale up wealth management, private credit businesses
For banks with assets exceeding Rs 10 trillion, the ceiling for the materiality threshold has been set at Rs 25 crore
Elevated yields may push some companies to loan market
After margin pressure and muted credit in 2025, banks enter 2026 with hopes of credit revival, stable asset quality and more investments, though funding and deposits remain key risks
HDFC Bank's C/D ratio surges to 99.5%
"The board was also briefed on the major findings of the RBI's recently conducted Survey on Digital Payments," the central bank said
After several quarters, the bank reported loan growth higher than deposit growth. The bank mobilised ₹57,700 crore of deposits during the quarter while credit disbursed expanded by ₹75,300 crore