SBI Chairman CS Setty dismisses concerns raised by Axis Bank head Amitabh Chaudhry about massive FCNR(B) flows leading to abnormal lending; highlights role of AI in banking sector.
Axis Bank chief Amitabh Chaudhry cautions about ‘abnormal lending’ risks from big boost in FCNR(B) deposits; also speaks about RBI rate hike and consolidation in banking sector.
Arcil allots 1.58 crore shares to 21 anchor investors at Rs 139 per share ahead of Rs 733 cr IPO; names include Goldman Sachs India Asset Management Company, WhiteOak Capital, Bajaj Life Insurance and Tata Mutual Funds.
NBFCs’ total credit rises 15% YoY to outstanding of Rs 59.89 lakh crore in July 2026. Gold and consumer durables drive retail loans. How have banks fared in comparison?
The wholly owned subsidiary of SBM Bank (Mauritius) Ltd has appointed a consultant for the process and is at an EoI stage, said its ED and CFO Amit Jagdhari.
Indian banks leave large part of future interest payments on $127.23 bn of FCNR(B) deposits unhedged; RBI's special swap facility is on principal amounts while lenders need to manage interest payments.
Recovery from written off accounts stands at Rs 1.83 lakh cr in last 5 financial years, translating to 35.24% of the value. Top five banks account for 70.99% of public sector banks’ loan write-offs. Wilful defaulters owe Rs 2.85 lakh crore to PSBs.
After resignation of Atanu Chakraborty, Sashidhar Jagdishan was out to demonstrate that nothing was wrong at HDFC Bank. What made him back off? Kaizad Bharucha is one of names floating to occupy CEO chair as bank enters new phase of leadership transition.
Banks garner $136.38 bn through RBI’s three swap schemes. FCNR(B) deposits almost double in final 10 days. How will this massive influx play out in terms of liquidity management, CD market, loan growth and margins?
Bank credit growth accelerates to 16.5% YoY as at end-June 2026 from 9.9% a year ago; weighted average lending rate eases by 45 basis points to 9.26%.
One of the challenges that RBL Bank’s interim CEO Rajeev Ahuja faces is to instill confidence among retail depositors. In Dec quarter, bank’s retail deposits and deposits for small business customers plunge 11.3% to Rs 27,871 cr.
Sanjay Malhotra and the MPC members may find small space for an interest rate pause this time but a credit cycle reversal is inevitable down the line.
SBI delivers mixed performance in Q4 with loan growth strong but margins seeing contraction; Chairman CS Setty sticks to FY27 guidance on loan growth and domestic NIM.
Bank of Baroda reaches an out-of-court settlement with NMC group and its administrators in Abu Dhabi and London.
Private banks collected Rs 4,948.71 crore in FY26 from customers for failing to maintain minimum balance in their savings and current accounts; HDFC and Axis Bank accounted for 58% of this.
Bank of Baroda says bank’s core banking systems not accessed and continue to remain secure; breached data includes customer details and identification documents, says cybersecurity activist Srikanth.
In an unusual development, HDFC Bank CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan and retail assets group head Arvind Vohra are imposed a penalty of Rs 1 lakh in MSRDC case.
