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...
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...
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
Kisan Credit Card loan 'scam' unearthed in Jammu and KashmirJammu and Kashmir Crime Branch's Economic Offences Wing has exposed a significant Kisan Credit Card loan scam. A daily wage JK Bank employe...
Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 croreKotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...
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 ...
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 ...
BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financingBank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...
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...
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...
DBS completes $1 billion synthetic securitisation in first for a Singapore bankSingapore's largest bank, DBS Group, has successfully completed a groundbreaking synthetic securitisation deal involving a $1 billion corpo...
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 ...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
Talk of a bubble is an 'insult to AI' says SoftBank's SonMasayoshi Son, SoftBank's CEO, dismissed concerns about an AI bubble, calling it an "insult to AI" and emphasising its nascent stage with v...
Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA SecuritiesThe Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as t...