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ET Exclusive: 'Personally, I don’t have any assets. That is a stated fact,' says Zee founder Subhash Chandra amid 99.97% haircut rowIn an exclusive interview with ET, Zee founder Subhash Chandra rejects criticism over his personal insolvency settlement, saying the ₹22,00...
NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...
Banks are in good shape, but ...Banks and NBFCs face different market risk assessments. Credit growth outpaces deposit growth, widening the loan-to-deposit ratio. This tre...
Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
Indian bank stocks show widest exchange price gap in decadesIndian bank stocks saw unusually wide price gaps between the NSE and BSE during Thursday’s closing auction, with IndusInd Bank recording it...
Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod KumarIndian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surp...
Gold loans & credit growth: AU Bank, DCB, IndusInd, Shriram & 7 others reveal their playbook
Lenders may turn to OFCB route to raise more funds abroadIndian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...
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...
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. ...
CBI court rejects discharge plea of PNB scam accused Shetty's wife in DA caseA special CBI court has refused to discharge Ashalatha Shetty, wife of former Punjab National Bank deputy manager Gokulnath Shetty, in a di...
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...
Bank unions threaten nationwide strike on September 11 to press for 5-day banking, other demandsBank unions will strike nationwide on September 11 due to unresolved demands. This action follows a government 'negative attitude' towards ...
Indian banks' asset quality outlook remains stable, West Asia impact limited: ReportBanks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses f...
Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MDIndian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volum...
HDFC Bank's record dollar bond sale makes it top issuer under RBI windowHDFC Bank has achieved a remarkable feat by securing $1.75 billion through a dual-tranche dollar bond issuance, marking the largest single ...
Treasury heads in buying mode as 5-year yield jumpsWith government bond yields now at attractive levels, treasury heads are actively thinking about making purchases. After the RBI's FCNR(B) ...
AI in Indian banking: Why technology may reshape jobs, not replace bankersIndia’s banking sector is entering an AI-driven transition, with private banks cutting headcount even as public sector hiring offsets some ...
Indian Bank raises $400 million for four yearsIndian Bank raised $400 million through a four-year overseas funding programme via its GIFT City branch, joining Indian lenders tapping glo...