More banks may join overseas bond runICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...
25 Jul, 2026, 01.03 AM IST
Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reasonTo purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange...
24 Jul, 2026, 12.46 PM IST
India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...
24 Jul, 2026, 12.46 PM IST
Suryoday SFB Q1 profit more than doubles on strong loan growthSuryoday Small Finance Bank reported a more than twofold rise in first-quarter net profit to Rs 75 crore, driven by healthy business growth...
23 Jul, 2026, 09.42 PM IST
ServiceNow invests $40 million in Businessnext at $700 million valuationGlobal tech firm ServiceNow has invested $40 million in Businessnext. This funding round values Businessnext at seven hundred million dolla...
23 Jul, 2026, 04.13 PM IST
Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
23 Jul, 2026, 09.24 AM IST
Ram Temple Trust tightens donation oversight, reviews SBI role after alleged counting irregularitiesThe Trust announced administrative and religious reforms for better temple management. An investigation into donation counting irregulariti...
23 Jul, 2026, 09.11 AM IST
These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in t...
22 Jul, 2026, 10.53 AM IST
Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
21 Jul, 2026, 11.14 PM IST
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
21 Jul, 2026, 07.51 PM IST
Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...
21 Jul, 2026, 07.29 AM IST
Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...
21 Jul, 2026, 12.51 AM IST
FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
21 Jul, 2026, 12.40 AM IST
ICICI Bank net profit jumps 16% YoY to Rs 14,805 croreICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, st...
19 Jul, 2026, 12.32 PM IST
Indian Bank aims to recover Rs 5,500 from bad loans during FY27: MD Binod KumarIndian Bank aims for Rs 5,500 crore bad loan recovery this financial year. The bank has already collected USD 140 million in foreign curren...
12 Jul, 2026, 10.56 AM IST
Indian Bank drops capital raising plan on lower ECL hitIndian Bank has cancelled its planned share sale to raise funds. The lender's expected credit loss impact is now estimated lower than previ...
10 Jul, 2026, 11.05 PM IST
Indian Bank Q1 Results: Standalone net profit rises 10% YoY to Rs 3,273 crore; shares zoom 10%Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1 FY27, up more than 10% year-on-year, while net interest income rose n...
10 Jul, 2026, 01.15 PM IST