'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profitsCredit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...
03 Sep, 2026, 05.34 PM IST
Aditya Birla Group gets Rs 24,000 crore bank commitments for Shell deal, 70% more than plannedAditya Birla Group secured loan commitments exceeding its initial acquisition funding needs. Axis Bank and State Bank of India offered subs...
03 Sep, 2026, 02.00 PM IST
‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growthEconomist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger e...
03 Sep, 2026, 10.27 AM IST
Banks rush to swap higher-risk credit assets for Bank of England cashBritish banks are stepping up their game by putting forth more higher-risk assets as collateral at the Bank of England. This action marks a...
02 Sep, 2026, 09.21 PM IST
HDFC Bank next CEO: Check bankers in the running for top jobHDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search f...
01 Sep, 2026, 10.48 AM IST
People aged above 40 account for 76 pc of individual deposits in banks: RBI dataIndividuals over forty hold most bank deposits, while younger workers contribute less. Term deposits grew significantly, outpacing savings ...
31 Aug, 2026, 11.55 PM IST
HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several inter...
31 Aug, 2026, 11.35 PM IST
Bank credit to industry rises 20 percent in July: RBI dataBank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point...
31 Aug, 2026, 10.56 PM IST
HDFC Bank eyes revival after peer outperformanceSashidhar Jagdishan's tenure at HDFC Bank ends with operational strength but weak stock performance. The bank improved asset quality and lo...
31 Aug, 2026, 12.39 AM IST
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
28 Aug, 2026, 06.00 AM IST
ET Startup Awards 2026 | Comeback Kid: Mukund Jha returns stronger with AI betEmergent cofounder Mukund Jha has won the Comeback Kid award at the ET Startup Awards 2026, marking a return after the collapse of Dunzo. T...
27 Aug, 2026, 06.00 AM IST
Axis Bank set to raise $700 million through ECB swap facilityAxis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two...
26 Aug, 2026, 06.33 AM IST
India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the wayhealthy demand Industry card additions rise 11.5% over June; Card spends hold above ₹2 lakh-crore mark; Transaction volumes surge but the v...
25 Aug, 2026, 11.46 PM IST
Axis Bank bets on data centres to gold loans to outpace industry credit growthAxis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...
25 Aug, 2026, 02.28 PM IST
Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surgeCitigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allo...
24 Aug, 2026, 08.18 AM IST
Axis Bank to revise credit card rules from August 28, 2026: Late payment fee, dynamic currency markup, reward point rule changes and moreAxis Bank credit card revised rules: Axis Bank is set to update its credit card policies on August 28, 2026. Notably, the markup for dynami...
18 Aug, 2026, 06.18 PM IST
ET Startup Awards 2026: Nominees for Comeback KidThis award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuilt or lau...
18 Aug, 2026, 10.59 AM IST