Page 2 - Banking

Personal loan sanctions hit Rs 2.99 trillion in Q1FY27: FACE

Digital NBFCs sanctioned 3.4 crore loans worth Rs 64,656 crore during April-June 2026, with small-value borrowing keeping the average ticket size at around Rs 19,000

When complaints become insights

The next chapter in grievance redress is to ensure one customer's experience prevents the same problem for the next

HDFC Bank names ICICI Bank's V N Srivatsan as chief compliance officer

V N Srivatsan, who currently handles overseas banking compliance and data privacy at ICICI Bank, is proposed to join HDFC Bank on January 4, 2027, for a three-year term

Bank strike from Sept 28-30: Why bankers are on strike again this month

The RBI has allowed all bank branches, offices, ATM-linked branches and currency chests to remain open on September 27 to avoid a possible five-day disruption

PSBs to remain open on Sunday ahead of three-day nationwide bank strike

RBI has approved opening of all bank branches, offices, ATM-linked branches and currency chests on September 27 to prevent a potential five-day disruption

Fund Review: Kotak Bond Short Term Fund

Fund Review: Kotak Bond Short Term Fund

When patience stops paying

The IBC's long wait is driving creditors elsewhere

RBI proposes temporary debit holds on suspected money mule accounts

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

RBI bites the durable liquidity bullet with ₹1 trillion bond sales

10-year bond yield hits 7% after three months

OpenAI launches ChatGPT for financial services: Here's what it offers

The product combines built-in financial data with GPT-6 Astra's reasoning capabilities and has been developed in partnership with Morgan Stanley and Evercore

HDFC Bank woes put spotlight on leadership continuity, top-tier handovers

The woes at HDFC Bank have put the spotlight back on leadership continuity and how lenders oversee top-tier handovers, reports Raghu Mohan

Strong FCNR(B) flows drive excess liquidity to 4-year high of ₹6.65 trn

Muted response to fresh ₹10 trn VRRR auctions; rupee appreciates to two-month high

EssilorLuxottica clan's $47 billion fortune rift grows with heir's exit

A feud among Leonardo Del Vecchio's heirs over his €40 billion fortune is deepening, raising governance concerns at Delfin and its key investments

A quiet revolution is lifting the poor

Much has been said about over-lending and defaults. Here's how lending works for the bottom-of-the-pyramid

Opportunities in the solar sector

In this session, Nishant Sood, Managing Director, Candi Solar India, talks about the solar sector and provides career tips to the B-Schoolers.

PSBs turn 'Banking for Youth' into an entry-level hiring pipeline

State-owned banks plan to use the MY Bharat portal to offer internships and training to young people and build a pipeline for recruitment into entry-level banking jobs

Risks facing UCBs no longer confined by size or geography: RBI DG

RBI Deputy Governor Swaminathan J says growing reliance on technology and third-party providers exposes smaller banks to cyber, digital fraud and operational risks

RBI extends recovery norms deadline, eases certification timeline

The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF

RBI to absorb ₹1.5 trillion via VRRR as liquidity tops ₹3 trillion

The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF

The knives are out for the world's oldest bank as takeover battle heats up

The world's oldest bank faces a high-stakes takeover battle as consolidation reshapes Italy's banking sector and tests Monte dei Paschi's independence