Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changesIndia's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...
30 Jun, 2026, 07.35 AM IST
Canara Bank, Bank of Baroda, Indian Bank pay Rs 7,023 cr dividend to govt for FY26Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the governme...
29 Jun, 2026, 10.28 PM IST
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
29 Jun, 2026, 09.59 PM IST
Yes Bank to raise up to $1.7 billion via equity, debt issueYes Bank is poised to raise up to ₹160 billion through a strategic mix of equity and debt offerings. The board has approved an equity issua...
29 Jun, 2026, 07.33 PM IST
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...
29 Jun, 2026, 02.25 PM IST
HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching nowIndia's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO,...
29 Jun, 2026, 11.51 AM IST
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
29 Jun, 2026, 11.47 AM IST
Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies saidAnalysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate....
29 Jun, 2026, 10.17 AM IST
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
27 Jun, 2026, 04.23 PM IST
Saturday bank holiday: Are banks open or closed today on June 27, 2026?Bank holiday today: Several customers are now wondering whether banks will remain shut today (Saturday, June 27, 2026) as well. If you have...
27 Jun, 2026, 11.48 AM IST
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...
26 Jun, 2026, 06.01 AM IST
RICE Adamas Group expands national footprint with Mumbai Office inaugurationAdamas University and Adamas Tech Consulting have launched a new Mumbai office and the Adamas School of Experiential Learning, offering 10-...
25 Jun, 2026, 11.10 AM IST
While others relaxed after class 12 boards, these Surat boys used their summer holidays to start a cold coffee business & earned nearly Rs 2 Lakh in less than 3 monthsTwo Surat teenagers, Shreyanshu Rana and Pratham Pengawala, transformed a school fair idea into a successful cold coffee business, Aes The ...
25 Jun, 2026, 10.07 AM IST
Yes Bank to consider fundraise plans on June 29Yes Bank's board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for r...
24 Jun, 2026, 05.55 AM IST
RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
23 Jun, 2026, 09.18 AM IST
Aroop Biswas seeks freeze on TMC bank accounts, CPI(M) demands complete account freezeFormer Trinamool Congress (TMC) treasurer Aroop Biswas has sought an immediate freeze on the operation of party bank accounts, citing an on...
18 Jun, 2026, 03.04 PM IST
Yes Bank shares jump 16% in 5 days, hit fresh 52-week high. What lies ahead?Yes Bank shares climbed to a fresh 52-week high, extending gains over five sessions and adding Rs 8,662 crore to market value. The rally fo...
18 Jun, 2026, 12.29 PM IST