Bank of Baroda shares jump 5% after Q2 net profit rises 36%. What Nomura and other brokerages saying?Bank of Baroda reported a 36% year-on-year rise in Q2 FY27 net profit, aided by gains from the NSE stake sale. Brokerages maintained mixed ...
02 Nov, 2026, 09.20 AM IST
Banks seek microloan guarantee extensionIDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. The...
01 Nov, 2026, 11.47 PM IST
Banks report 10-50% gains in productivity, turnaround time and costs from AI-led initiativesSeveral banks in India have implemented artificial intelligence initiatives that have increased productivity and efficiency significantly. ...
01 Nov, 2026, 11.32 PM IST
Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
01 Nov, 2026, 11.29 PM IST
IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary reviewThe United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank's majority stake. They have requested an immediat...
31 Oct, 2026, 02.26 PM IST
Saturday bank holiday: Are banks open or closed today on October 31, 2026?Indian banks observe closures on the second and fourth Saturdays of every month. Despite holidays, digital banking remains available for cu...
31 Oct, 2026, 07.00 AM IST
FCNR bounty in Q2 masks bank issues in growing depositsAn analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the specia...
31 Oct, 2026, 12.40 AM IST
Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...
30 Oct, 2026, 11.51 PM IST
Bank of Baroda Q2 Results: Standalone profit jumps 36% YoY to Rs 6,532 crore; NII up 9%Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. Net interest income grew 9% to Rs 1...
30 Oct, 2026, 06.46 PM IST
“During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...
30 Oct, 2026, 10.43 AM IST
West Asia conflict drives 15-20% rise in corporate working-capital demand at banksWorking-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elong...
30 Oct, 2026, 01.10 AM IST
PNB suspends 12 employees, files CBI case over alleged bank fraud involving ₹10 crorePunjab National Bank has taken action by suspending twelve staff members linked to unauthorized fund transfers utilizing the branch manager...
29 Oct, 2026, 06.55 PM IST
City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 CroreCity Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Ne...
29 Oct, 2026, 11.31 AM IST
Are banks open across the US on Halloween 2026? Hours, closures and what customers should check before going to nearest branchBanks across the US will follow their regular Saturday schedules on Halloween, October 31, 2026. While some branches will open for limited ...
28 Oct, 2026, 09.51 PM IST
Bank holiday tomorrow, October 29: Are banks closed for Karwa Chauth? Check city-wise detailsBanks in India will generally remain open on Thursday, October 29, for Karwa Chauth celebrations. Only bank branches in Shimla, Himachal Pr...
28 Oct, 2026, 03.38 PM IST
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
28 Oct, 2026, 01.40 PM IST
Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive seasonHDFC Bank and Axis Bank together accounted for nearly 43% of the net additions during September, adding 539,878 cards between them. The two...
28 Oct, 2026, 12.29 AM IST