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PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
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JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...
Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
Rs 1,100 crore a day nightmare: Why FIIs are ruthlessly selling bank stocksForeign investors are aggressively selling Indian bank stocks, offloading over ₹1,100 crore daily due to global economic pressures and port...
'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on t...
Axis Bank raises $800 million through dual bond saleAxis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
NPCI plans to enable unified e-mandate tracking for all UPI appsThe National Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscr...
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
Banking, capital goods and midcaps seen driving market's next rally: Ashish ChaturmohtaIndian equities are poised for fresh highs, driven by strong earnings and sector-specific momentum, particularly in financials and manufact...
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
India has to invest in deep tech capabilities, build globally competitive products: Neelkanth MishraSenior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emp...
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...
Axis Bank partners with BITS Pilani to establish Rs 100 crore industry research, tech and innovation parkAxis Bank has partnered with BITS Pilani to establish a Rs 100 crore Industry Research, Technology & Innovation Park at its Hyderabad campu...