FCNR(B) surge: Inflows through special window to ease banks’ liquidity pressureIn the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...
J&K Bank Q1 profit slips 13% as higher provisions hit earningsJammu and Kashmir Bank reported a 12.6% decline in Q1 net profit to Rs 424 crore due to higher provisions despite improved asset quality. A...
Bank holidays in August 2026: Independence Day, Onam, Raksha Bandhan and other holidays; check complete listBank holidays: Bank branches will observe numerous closures throughout August 2026 due to holidays. Independence Day on August 15 will caus...
Dhanlaxmi Bank Q1 profit more than doubles on lower provisionsDhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset qua...
HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank listHDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY...
UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...
Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raiseCanara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
FCNR(B) deposit drive could pressure banks' profitabilityBanks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...
These 7 private and public banking stocks have an upside of up to 29% in one year, according to analystsBroadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknetBank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...
FIIs increase PSU exposure, trim stakes in private banksForeign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...
Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
Bank of Baroda data reportedly leaked on dark webSensitive Bank of Baroda data has reportedly been hacked and released. About one terabyte of personal and corporate banking details appeare...
Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%Canara Bank Q1 Results: State-owned Canara Bank reported a 2% YoY rise in Q1 FY27 net profit to Rs 4,856 crore, while net interest income (...