ICICI Bank may not increase its workforce in FY26 despite adding branches, as it focuses on realignment, efficiency and digitisation, says Macquarie conference note
The special resolution received 64.1 per cent of the votes, falling short of the required 75 per cent threshold for it to pass
Strong demand, easing inflation, and RBI's expected rate cuts help IRFC raise ₹3,000 crore through five-year bonds at the lowest ever cut-off yield of 6.65 per cent
IAD also flags ₹595 crore of unsubstantiated balances in "other assets", as whistleblower complaint prompts deep dive into IndusInd Bank's microfinance portfolio
RBI board reviews Economic Capital Framework as part of five-year cycle, with FY25 surplus transfer expected to set a new record amid strong balance sheet gains
MD & CEO Mohanty's term ends next month
Axis Max Life Insurance managing director and chief executive officer talks about the company's strategy for 2025-26
The issue included a base size of Rs 500 crore and a greenshoe option of Rs 500 crore
Moody's says SMBC's investment in Yes Bank adds a strategic partner with strong funding and governance credentials, though affiliate support not yet factored in
Once the entities that have submitted EoIs complete their due diligence, binding bids for acquiring the exposure will be invited
Yes Bank rose 2.35 per cent after SMBC's ₹13,482-crore stake deal but underperformed the Nifty Bank and Nifty 50 indices, which posted stronger gains
Prashant Kumar tells why SMBC has become a strategic investor and the advantages arising from this for Yes Bank
In India's largest cross-border banking deal, SBI and private lenders sell 20% stake in Yes Bank to SMBC for ₹13,482 crore, valuing the bank at $7.9 billion
SMBC to gain 20 per cent stake in Yes Bank, becoming its largest shareholder with likely board representation; SBI's stake to reduce post regulatory approval
Company is expecting a coupon rate of 7.19%, sources said
The RBI has removed short-term and concentration limits on FPI investments in corporate debt to ease access and deepen market participation
Rating agency says there has been no 'material outflow' in lenders deposits in two months
The bank had planned to raise Rs 2,500 crore through 10 year bonds. The base issue size was Rs 500 crore and the green shoe option was Rs 2,000 crore
DFS Secretary urges insurers to improve claims processing in order to reduce customer inconvenience
Escalating geopolitical tensions may prompt issuers to delay long-term bond issues amid uncertainty, though RBI support is keeping yields stable for now