Punjab National Bank scouting for partner to build its M&A financing portfolio: CEOPunjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in speci...
20 Jul, 2026, 10.13 AM IST
Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...
20 Jul, 2026, 01.11 AM IST
India’s private lenders bet on corporate loan revival for growthIndian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borro...
19 Jul, 2026, 12.19 PM IST
HDFC Bank logs 5% rise in profit on margin pressureHDFC Bank announced a notable five percent rise in profits for the June quarter, showcasing a robust growth in net interest income. Despite...
19 Jul, 2026, 11.16 AM IST
Spacetech unicorn Skyroot launches Vikram-1, marks India's first private orbital rocket missionThe mission, named Aagaman, lifted off from the First Launch Pad at the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota at 12:05 noon...
18 Jul, 2026, 04.14 PM IST
PM Modi congratulates Skyroot after private rocket reaches orbit: ‘You have planted new seeds in the sky’In a phone conversation following the launch, Modi told founder Pawan Chandana and the Skyroot team that they had “planted new seeds in the...
18 Jul, 2026, 01.26 PM IST
Peak XV leads Rs 350 crore funding round in wealth manager Neo GroupThe transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment sp...
17 Jul, 2026, 10.18 PM IST
J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 croreJammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transac...
17 Jul, 2026, 07.12 PM IST
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
17 Jul, 2026, 05.30 PM IST
India's space sector takes off as private rocket readies launchIndia has sent spacecraft to Mars and the Moon, put hundreds of satellites into orbit and will in the coming days launch its first privatel...
17 Jul, 2026, 08.12 AM IST
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q...
15 Jul, 2026, 02.57 PM IST
7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busyIndia's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Te...
15 Jul, 2026, 11.15 AM IST
India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
14 Jul, 2026, 11.33 AM IST
Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
14 Jul, 2026, 12.32 AM IST
HDFC Bank shares drop 2%. What lies ahead as lender set to announce Q1 earnings this week?HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lende...
13 Jul, 2026, 11.40 AM IST
Private banks may lead PSU peers in Q1 PAT show amid macro pressuresPrivate banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits ...
09 Jul, 2026, 01.02 AM IST
Axis Bank loses three senior executives amid leadership reshuffleAxis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within ...
09 Jul, 2026, 01.00 AM IST