BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
03 Jul, 2026, 06.10 AM IST
New Zealand may implement stricter immigration rules for IndiansNew Zealand is reportedly set to implement stricter immigration rules specifically targeting Indian nationals, a move that could strain dip...
02 Jul, 2026, 03.58 PM IST
UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
02 Jul, 2026, 09.53 AM IST
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
02 Jul, 2026, 09.52 AM IST
Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
02 Jul, 2026, 01.34 AM IST
SBI boosts AI-powered banking with new digital journeys for retail, corporate customersThe announcements span SBI's YONO platform, introducing new customer journeys, AI-driven capabilities and industry-first features that simp...
01 Jul, 2026, 06.21 PM IST
Digital India has given India new identity worldwide: PM ModiPrime Minister Narendra Modi celebrated 11 years of Digital India, highlighting its transformative impact on governance, citizen empowermen...
01 Jul, 2026, 11.49 AM IST
Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal IndiaIndian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a dec...
01 Jul, 2026, 06.44 AM IST
Kotak to buy Deutsche's India retail, wealth businessKotak Mahindra Bank is set to acquire Deutsche Bank's retail, private banking, and wealth management operations in India. This significant ...
01 Jul, 2026, 05.33 AM IST
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
01 Jul, 2026, 12.23 AM IST
Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
30 Jun, 2026, 10.12 PM IST
Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
30 Jun, 2026, 05.44 PM 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
Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changesIndia's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...
30 Jun, 2026, 07.35 AM IST
Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
29 Jun, 2026, 10.42 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
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
29 Jun, 2026, 12.31 PM IST