A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
23 Oct, 2026, 08.23 PM IST
ET Industry Changemakers Awards North 2026: Celebrating Visionaries Who Are Shaping Tomorrow23 Oct, 2026, 07.39 PM IST
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...
23 Oct, 2026, 05.02 PM IST
Shapoorji Pallonji Group wants Tata Sons to consider Rs 25,000 crore share buybackThe SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said....
21 Oct, 2026, 06.30 AM IST
Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
19 Oct, 2026, 04.13 PM IST
Yes Bank shares rise as Q2 profit beats estimates, but AT1 bond verdict hit pegged at Rs 5,217 crore. What lies ahead?Yes Bank shares rose after falling 17% over two sessions, following a 65% year-on-year jump in Q2 net profit to Rs 1,080 crore. However, th...
19 Oct, 2026, 09.58 AM IST
Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 croreYes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...
18 Oct, 2026, 02.50 PM IST
YES Bank Q2 profit rises 65%; AT1 hit may risk 5,217 cr lossYES Bank's net profit increased by 65% to 1,080 crore in the second quarter, driven by higher income. However, factoring in a Supreme Court...
18 Oct, 2026, 09.54 AM IST
Yes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appealYes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...
17 Oct, 2026, 09.30 PM IST
SBI helped save YES Bank, Japan came aboard, and now an ₹8,415-crore ghost is crashing its comebackYES Bank’s ₹8,415-crore AT1 bond write-off, carried out during its 2020 reconstruction, has returned to the spotlight after the Supreme Cou...
16 Oct, 2026, 02.18 PM IST
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...
15 Oct, 2026, 01.19 PM IST
- Fairfax's IDBI deal premium justified by strategic fit, scale: Analysts
Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
15 Oct, 2026, 12.46 AM IST
RBI's rupee defence may drain banking liquidity, ease currency pressureRBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measu...
11 Oct, 2026, 09.31 PM IST
RBI tightens forex derivative rules: What changes for hedging, cancelled tradesThe RBI has tightened rules for rupee-linked foreign exchange derivatives, restricting the rebooking of cancelled contracts and cutting the...
10 Oct, 2026, 10.50 AM IST
RBI moves to support rupee at 96.78, cracks down on forex derivativesThe Reserve Bank of India introduced new measures to address the pressure on the rupee. These measures include tightening foreign exchange ...
10 Oct, 2026, 09.09 AM IST
RBI removes Paytm Payments Bank from list of scheduled banksIn April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying ...
08 Oct, 2026, 12.26 PM IST
Soon, FD details will be part of your CAS statement; Here’s how it helps youSoon you will get to see your fixed deposit (FD) details in CAS statements. CAS stands for consolidated account statements and it is usuall...
07 Oct, 2026, 05.35 PM IST