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UNION BANK CASA DEPOSITS
HDFC Bank reports 15.4% advance growth in June quarter, outpaces system; Deposits cross Rs 31.7 lakh crHDFC Bank witnessed robust growth in its June 2026 quarter results, with gross advances surging 15.4% year-on-year to Rs 30.61 lakh crore. ...
India's banks are handing out more loans, but deposits aren't keeping upIndian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend,...
Yes Bank Q1 business update: Advances rise 18% to Rs 2.85 lakh crore, deposits up 14%Yes Bank reported an 18.4% year-on-year rise in loans to ₹2.85 lakh crore and a 14% increase in deposits to ₹3.15 lakh crore for Q1 FY27. T...
India waives customs duty, IGST on imported animals under UK trade pact from July 15India's latest policy change allows for customs duty and IGST exemptions on animals brought into the country for shows and public events st...
HDFC Bank Q1 business update: Gross advances rise 15% to Rs 30.61 lakh croreHDFC Bank has announced robust financial results for the April-June quarter of FY27. Gross advances surged 15.4% year-on-year to Rs 30.61 l...
IDFC First Bank Q1 update: Loan book grows 21% YoY to Rs 3.05 lakh crore; shares rise 2%IDFC First Bank reported strong provisional Q1 FY27 business growth, with loans and advances rising 20.6% year-on-year and deposits increas...
Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterly basisUnion Bank of India's stock dipped 5% following its June 2026 quarter business update. While global business saw a modest yearly growth of ...
BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
Tamilnad Mercantile Bank shares surge 5% after strong Q1FY27 business updateTamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business growth. Total business rose 23% y...
UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
PSBs raise term deposit rates to reclaim deposit market sharePublic sector banks are boosting term deposit rates to reclaim lost market share, a move that contrasts with private banks lowering theirs....
IT growth vectors "clearly missing"; EV capex pullback hits ER&D players: Mayuresh JoshiIndia's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies like KPIT. Near-term macro risks, ...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
Some Indian banks poised for interest margin gains as short-term funding costs fallIndian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's liquidity-boosting measures. Thes...
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...
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...
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...