NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
02 Jul, 2026, 03.56 PM IST
Tamilnad Mercantile Bank shares surge 5% after strong Q1FY27 business updateTamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business growth. Total business rose 23% y...
02 Jul, 2026, 10.54 AM IST
Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
02 Jul, 2026, 06.33 AM IST
PSBs raise term deposit rates to reclaim deposit market sharePublic sector banks are boosting term deposit rates to reclaim lost market share, a move that contrasts with private banks lowering theirs....
02 Jul, 2026, 01.50 AM IST
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
02 Jul, 2026, 01.46 AM IST
Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 croreKotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...
01 Jul, 2026, 08.37 AM IST
Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
30 Jun, 2026, 05.43 PM IST
HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chiefHDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially becom...
29 Jun, 2026, 11.05 PM IST
Axis Bank CFO Puneet Sharma resigns to pursue new opportunitiesAxis Bank's Chief Financial Officer, Puneet Sharma, has resigned to pursue new professional opportunities. Sharma, who has been with the ba...
29 Jun, 2026, 04.36 PM IST
Some Indian banks poised for interest margin gains as short-term funding costs fallIndian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's liquidity-boosting measures. Thes...
29 Jun, 2026, 02.25 PM IST
Zerodha now wants to enter investment banking space, seeks Sebi nodZerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with I...
29 Jun, 2026, 01.05 PM IST
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
29 Jun, 2026, 11.47 AM IST
PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
27 Jun, 2026, 11.48 AM IST
Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...
25 Jun, 2026, 07.51 PM IST
Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
25 Jun, 2026, 07.44 PM IST
'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on t...
24 Jun, 2026, 06.01 AM IST
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
23 Jun, 2026, 12.16 PM IST