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BANKING SECTOR
UK fintech Revolut reveals customer data breachBritish digital bank Revolut said Wednesday that an impersonation attack caused it to share customers' information with an "unauthorized th...
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha NageswaranIndia's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this ...
Senate Republicans sweeten crypto bill with new Trump-backed ethics rules ahead of crunch voteUS Senate Republicans have released a revised Clarity Act cryptocurrency bill. New ethics language, agreed upon by President Donald Trump, ...
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
India’s banks could turn legacy tech into an AI advantage: BCGIndian banks may transform legacy systems into an AI advantage. Institutions with fewer old systems can directly adopt AI-first operations....
Bank union strike today: Are banks open or closed today on September 11, 2026? Check detailsCustomers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This ...
Bank boards vet talent pool amid succession wave; six big lenders brace for leadership transitions through end-2027By 2027, leadership transformations are set to take place across several key Indian banks, with HDFC Bank and Kotak Mahindra Bank leading t...
Canara Bank plans to raise Rs 4,500 crore through AT-1 bonds next weekCanara Bank plans to raise up to Rs 4,500 crore through Basel III-compliant AT-1 bonds next week at an expected 7.85%-7.90% coupon. The iss...
Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check detailsBank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for thi...
Will State Bank of India’s branches be closed on September 11 bank strike day? Here’s what SBI saysBank strike September 11, 2026: Bank unions have announced multiple strike dates starting September 11, 2026. State Bank of India advises c...
FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
RBL Bank raises $350 million in debut international bond saleRBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor de...
Private banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressureIndia’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...
PSB PLI scheme deferred amid employee concernsThe finance ministry said in a statement Monday it has taken cognisance of the concerns and decided to keep the implementation in abeyance ...
Fairfax to exit IIFL Finance before likely IDBI Bank deal; Blackstone emerges as suitorFairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The ...
Govt keeps PSB employees' PLI scheme for FY26 in abeyance after union representationThe government has postponed the performance-linked incentive scheme for bank employees. This decision follows employee representations see...
Bank unions announce September 11, 2026 strike; declare 3-day nationwide strike, demand five-day working weekBank unions across the nation are set to embark on a nationwide strike on September 11, 2026, advocating for crucial reforms in the banking...
RBL Bank to raise up to USD 1 bn from overseas investorsRBL Bank's board has given the green light to raise up to one billion US dollars from foreign investors via a Euro Medium Term Note Program...
- Make growth piggyback on savings
Household savings are increasingly held in financial assets, not physical ones. This shift creates a significant mismatch for long-term inv...