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BANKING SECTOR IN INDIA
HDFC Bank CEO search tests governance & investor confidenceHDFC Bank's chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny...- HDFC Bank CEO Sashidhar Jagdishan set to retire: Finance manager 'Sashi' who rose to corner officeHDFC Bank CEO Sashidhar Jagdishan will not seek reappointment after his term ends this October. He conveyed this decision to the board desp...
- HDFC Bank CEO Sashidhar Jagdishan to retire in October, will not seek reappointmentHDFC Bank's Chief Executive Sashidhar Jagdishan will retire in October. He has decided not to seek reappointment when his current term ends...
- Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution planCanara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the p...
- FM Sitharaman lands in US for six-day visit for G20 talks and meeting with business leadersFinance Minister Nirmala Sitharaman has begun a six-day US visit focused on boosting investment ties, engaging business leaders and represe...
- Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for fo...
- HDFC Bank's CEO call gains urgency as Sashidhar Jagdishan's term nears endThe timeline stands in contrast to Jagdishan's previous reappointment. HDFC Bank's board had recommended a fresh three-year term for him on...
- India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBIIndian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven...
- Kotak Mahindra Investments' CFO Siddarth Gandotra resigns, Hiren Vora to succeedSiddarth Gandotra resigns as CFO of Kotak Mahindra Investments Limited on August 31, 2026. Hiren Vora will assume the CFO role starting Sep...
- India Ratings revises FY27 bank credit growth upward to 15%; provisioning for expected loss may hit profitIndia Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challeng...
- Gold loans & credit growth: AU Bank, DCB, IndusInd, Shriram & 7 others reveal their playbook
- Shifting Gears: PSBs borrow more to cater to credit demand as deposits lagPublic sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private...
- FM Sitharaman cites financial sector boom to woo Canadian investorsIndia's Finance Minister Nirmala Sitharaman sees collaboration opportunities with Canadian banks and fintech firms. She noted India's robus...
- EAC-PM paper suggests consolidation of banks of equal size without compromising market competitionThe Economic Advisory Council to the Prime Minister proposed consolidating Indian banks into larger, equally sized entities. This consolida...
- India has fixed its PSU banks. Now comes the more ambitious partThe EAC-PM has proposed consolidating India’s public sector banks into a few large, comparable institutions to meet rising credit demand an...
- RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...
- EAC moots consolidation to create a few large banksIndia needs to consolidate banks into a few large entities. This consolidation aims to meet rising credit needs for Viksit Bharat by 2047. ...
- ICICI raises $1 billion, Union Bank $600 million through dollar bondsICICI Bank raised $1 billion through a five-year private dollar bond, while Union Bank of India secured $600 million in its first internati...
- Indian banks are in their best shape in a decade: Motilal OswalIndian banks are in their strongest position in a decade, with gross NPAs near historic lows and robust capital buffers, Motilal Oswal Fina...
- India gets $72.8 billion in dollar inflows under RBI swap facilityIndia has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...
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