The $3 billion deal marks the largest cross-border investment in an Indian private lender, with plans to double RBL's branch network and boost market share
The $3 billion investment gives RBL Bank access to global expertise, fresh capital, and expansion opportunities in corporate, retail, and wealth banking segments
The proposed investment will be made through a preferential issue and is subject to regulatory approvals and customary closing conditions
HDFC Bank has set up its own factory for some of the emerging technologies, says MD Jagdishan
Provisions and contingencies of the lender jumped 45 per cent Y-o-Y to Rs 2,631 crore
Data from the RBI show outstanding credit in the system stood at Rs 192.66 trillion, while deposits stood at Rs 240.98 trillion.
The bonds have a tenor of 10 years, with a call option after five years and on each anniversary date thereafter. The bonds are rated AAA by domestic rating agencies
RBI Governor Sanjay Malhotra said linking UPI with global fast payment systems and building sovereign platforms will boost cross-border trade, improve efficiency, and lower costs
HDFC Life sees 50% surge in retail term sales after GST cut; CEO Vibha Padalkar outlines margin recovery, product mix shift, and strategies to offset ITC impact
Despite a profit decline due to standard asset provisions, Axis Bank's asset quality improved and loan growth remained steady in Q2FY26
While Q1 saw robust issuance; Q2 was muted but outlook for Q3 is positive
Axis Bank CEO Amitabh Chaudhry says the NBFC arm's size qualifies it for upper-layer classification; stake sale planned to raise growth capital amid RBI's revised norms
RBI Deputy Governor Swaminathan J says fintech growth and technological interconnections require strong digital governance to prevent systemic vulnerabilities
This marks the first-ever commercial aircraft financing transaction structured with a GIFT City borrower, setting a precedent for India's emerging aviation finance ecosystem
Upcoming digital platform has the potential to achieve transformative impact of UPI, says Swaminathan J
Experts attribute the trend to country's growth potential, regulatory stance
Bharti Telecom, the holding company of Bharti Airtel, raised ₹5,250 crore at 7.45 per cent through bonds maturing in December 2028
If fully subscribed, it would mark the largest bond issuance of the current financial year
Winnie Chen says real-time domestic payments are shaping expectations for faster, seamless cross-border transfers and stablecoin adoption
Banks in India are currently sitting on excess capital, with CET1 ratios around 14.7 per cent, well above the regulatory requirement of 8-9 per cent