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BANK EXECUTIVE
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...
Stocks in news: Hero MotoCorp, Canara Bank, Bharti Airtel, Indian Hotels, SBIIndian markets opened positively, with analysts suggesting a stock-specific strategy amidst consolidation. Hero MotoCorp sees a revival in ...
Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
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...
HDFC Bank ropes in KKR Managing Director Jigar Shah to head Legal & ComplianceHDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the f...
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...
How Ambani built Project Jupiter to launch India’s biggest IPOReliance quietly executed Project Jupiter to prepare Jio’s IPO while managing regulatory changes, investor alignment and strict secrecy. Th...
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 ...
Former finance services secy Rajiv Kumar named HDFC Bank part-time chairmanKumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India...
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...
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
Bandhan Bank CFO Rajeev Mantri resigns, to leave in SeptemberBandhan Bank's Chief Financial Officer, Rajeev Mantri, has resigned, citing career growth as his reason for departure. Mantri, who also ser...
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 ...
Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies saidAnalysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate....
JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...