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...
28 Aug, 2026, 02.26 PM IST
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...
27 Aug, 2026, 06.46 PM IST
Former Nomura banker Mangesh Ghogre joins BTIGBTIG appointed Mangesh Ghogre as managing director in its Industrials Investment Banking group. Ghogre will focus on metals and mining cove...
27 Aug, 2026, 05.52 PM IST
'Indian debt resolution justice," Vijay Mallya alleges denial of justice, raises debt resolution questionsIn December 2025, Mallya had questioned the Central government and public sector banks over what he described as inconsistent statements on...
27 Aug, 2026, 08.01 AM IST
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...
27 Aug, 2026, 12.36 AM IST
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...
26 Aug, 2026, 03.49 PM IST
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...
26 Aug, 2026, 03.45 PM IST
Techie leaves Rs 18 lakh job for PSU stability taking a big pay cut, questions decision after one yearA viral workplace discussion on X has triggered contrasting views on the trade-off between private-sector earnings and public-sector stabil...
25 Aug, 2026, 08.30 PM IST
Vodafone Idea shares surge 7%: Is SBI-led debt deal finally nearing closure?Vodafone Idea shares rose sharply after reports that a consortium of public-sector banks led by SBI is nearing approval of a larger debt pa...
25 Aug, 2026, 02.40 PM IST
Gurgaon techie left Rs 18 LPA job fearing AI layoffs, for a Rs 10 LPA bank job. Now, he wants his IT job back. Why?A Gurgaon-based professional left an Rs 18 LPA IT job fearing AI-driven layoffs and took an Rs 10 LPA public-sector bank role in Chandigarh...
25 Aug, 2026, 08.28 AM IST
Banks told to have stricter norms for eligibility of forensic auditorsBanks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two aud...
25 Aug, 2026, 12.30 AM IST
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...
24 Aug, 2026, 07.57 PM IST
FCNR deposits emerge as banks’ new FY27 growth lever: ReportIndian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency depo...
22 Aug, 2026, 11.30 AM IST
No takers: Public sector banks put ₹39,000 cr of bad loans up for sale againPublic sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Over...
20 Aug, 2026, 12.49 AM IST
Sitharaman asks public sector banks to get ‘cool’ for Gen Z with courses, lifestyle perksFinance Minister Nirmala Sitharaman wants public sector banks to appear more appealing to young customers. She urged banks to engage direct...
19 Aug, 2026, 05.07 PM IST
Public sector banks have ‘considerable strength’, says FM Sitharaman; asks them to use it with ‘greater ambition’Finance minister Nirmala Sitharaman said public sector banks are operating with “considerable strength” and urged them to use it with “grea...
19 Aug, 2026, 09.42 AM IST
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demandFinance Minister Nirmala Sitharaman urged public sector banks to attract young customers. She suggested a focused 'Banking for Youth' campa...
19 Aug, 2026, 09.42 AM IST