ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan caseThe Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud inv...
Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
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...
AU Small Finance Bank data leak: Salesforce says no vulnerability at its endSalesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating cl...
AU Small Finance Bank hit by a likely breach of 'limited' dataThe lender is investigating a potential breach of "limited data" pertaining to its vehicle-loan customers. The data was hosted on a third-p...
Private equity companies add AI-disruption clauses to buyout loan agreementsPrivate equity firms are adding AI disruption clauses to buyout loan agreements, allowing companies to delay default consequences if artifi...
PSU banks cut fresh deposit rates more sharply than private lenders in September: RBI dataIn September, public sector banks cut their interest rates on fresh term deposits by 10 basis points. Private sector banks only reduced the...
AU Small Finance investigating potential data leak involving SaaS platformAU Small Finance Bank is investigating a potential data leak involving a Salesforce-managed software platform that holds limited informatio...
RBI tightens cyber checks on lenders after spate of hacksIndia's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...
US Market: Rising Treasury yields put US banks under pressure over bond lossesRising US Treasury yields are deepening unrealised losses in American banks’ bond portfolios, forcing lenders to weigh immediate losses fro...
BNP Paribas Q3 profit rises 14% to beat estimates; announces €1.3 billion buybackBNP Paribas reported a 14% year-on-year rise in third-quarter net income to €3.46 billion, beating analyst estimates as record equity tradi...
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...
Indian lenders defer dollar debt sale plan as rates turn expensiveAmidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying...
NBFCs curb fresh loans in rural markets as weak monsoon raises repayment risksIndia's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in drought-affected regions. The lenders a...
Q2 earnings done for HDFC Bank, ICICI, other private lenders. What's next?Private banks delivered mixed Q2 FY27 earnings, prompting analysts to identify lenders with attractive valuations and flag those investors ...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
New account aggregator pricing may force lenders to redraft all tech pactsThese providers connect lenders to licensed account aggregators, which share bank records with customers' permission. TSPs supply software ...