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Axis Bank Q3 results: Net profit rises 3% to ₹6,490 cr, NII at ₹14,287 cr

The bank's domestic net interest margin (NIM) was down 9 basis points (bps) in Q3 at 3.64 per cent over Q2

Value of CDs climbs to ₹5.75 trillion, rates cross 7% for marquee banks

Deposit tightness has pushed certificate of deposit outstanding to a record ₹5.75 trillion, with marquee banks raising one-year funds at over 7%

Kotak Mahindra Bank consol Q3 net profit up 5% YoY to ₹4,924 crore

The bank reported marginally higher provisions in Q3 at ₹810 crore, up 2 per cent YoY. However, sequentially, provisions of the lender was down 15 per cent

Arijit Basu quits HDB Financial, appointed chairman of IndusInd Bank

Sunil Mehta to step down from the helm of IndusInd following completion of his term on Jan 30

IndusInd Bank's Q3FY26 results: Net profit slumps 91% to ₹128 crore

Sunil Mehta to step down as chairman and director

Arijit Basu: The veteran SBI banker who will now chair IndusInd Bank

Arijit Basu quits HDB Financial Services and is appointed part-time chairman of IndusInd Bank, replacing Sunil Mehta, who demits office at end of his term

Banks raise Rs 89.5k crore via CDs in December fortnight, rates surge

Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent

Record $32 billion raised in 2025 through overseas syndicated loans

Pipeline robust as firms look at more acquisitions

Net FDI negative for 3rd straight month in Nov due to high repatriation

Net FDI in April-Nov period grows 7x to $5.6 billion compared to same period last year

India's financial assets & liabilities logs strong growth in FY24: RBI

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

Apple Pay likely to enter India market this year, launch seen by end-2026

With this service, customers can save their credit and debit cards to the Apple Wallet

AU Small Finance Bank Q3FY26 results: Net profit up 26% at ₹668 crore

Dy CEO Tibrewal steps down from board, will continue in current role

CD ratio won't constrain HDFC Bank's loan growth aspirations: MD Jagdishan

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

Financial activities on non-financial platforms pose challenges: RBI DG

Regulatory actions taken within individual mandates may be sound in isolation yet collectively may not fully address such cross-cutting risks, Murmu said

Standard Chartered Bank won't push standalone credit cards going forward

Bank will focus on multiproduct relationships with individual clients, which is anchored in wealth solutions, and international banking

Kotak Mahindra Bank appoints Anup Kumar Saha as whole-time director

He will oversee consumer banking, marketing and data analytics at the bank

Banks in wait-and-watch mode on fresh funding plans for Vodafone Idea

Studying the implications, and will take deeper look at the company's financials, bankers said

BofA gets show-cause notice from Sebi for alleged insider trading

Sebi issues show-cause notice to Bank of America over alleged insider trading lapses linked to Aditya Birla Sun Life's 2024 stake sale

Cap or stagger distributor payouts: Life Insurance Council committee

RBI has flagged high expense structure, particularly acquisition costs of insurance companies, in its recent report

TPG revives 'strategic investment' talks with IIFL Capital for 20% stake

IIFL group firm plans to scale up wealth management, private credit businesses