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The Bank of Maharashtra OFS was oversubscribed 400% on Day 1, prompting the government to exercise the green shoe option for an additional 1% stake sale.
Indian cricket captain Harmanpreet Kaur becomes PNB's first female brand ambassador, calling it a significant personal moment as her first account was with the bank.
The Indian government will sell up to a 6% stake in Bank of Maharashtra via an OFS starting Tuesday. Get details on the sale structure and the bank's latest financials.
RBI Deputy Governor outlines a six-point agenda for banking resilience, emphasizing collaboration over competition amid rising cyber threats and customer expectations.
RBI imposes Rs 91 lakh fine on HDFC Bank for KYC violations and outsourcing breaches, plus Rs 3.10 lakh penalty on Mannakrishna Investments for governance failures.
RBI bulletin reveals March as banking peak with credit surges up to 8% volatility. Discover seasonal patterns in deposits, liquidity, and CPI inflation cycles.
Indian banks borrow Rs 55,000 crore via CDs as credit growth outpaces deposits. Credit-deposit ratio crosses 80% for first time amid strong loan demand.
IIFL report predicts strong banking earnings rebound with 18% CAGR growth in FY27-28, driven by loan recovery, NIM expansion, and easing retail stress.
Kotak Mahindra Bank's data protection chief says banks must build simpler, more secure systems as AI scams rise. Customers shouldn't need tech expertise to stay safe from fraud.
RBI warns against 7 new unauthorised forex trading platforms including Starnet FX and Fusion Markets. Public cautioned about financial risks and legal penalties.
New digital platform enables startups to access loans up to ₹20 crore across all public sector banks with faster processing and special benefits for women entrepreneurs.
Public sector banks achieve Rs 93,675 crore net profit in H1 FY25-26 with Gross NPAs falling to 2.3% and business crossing Rs 261 lakh crore amid digital transformation.
Axis Bank commits to building 57 weather-resistant shelters with community toilets in Mandi's Seraj region, providing immediate relief and long-term disaster resilience.
Union Minister Amit Shah reveals plan to establish urban cooperative banks in all cities with 2 lakh+ population to empower youth and lower-income groups.
Bank credit growth hits 11.5% YoY, outpacing deposits at 9.5% amid festive demand, GST cuts, and strong MSME activity according to Care Edge Ratings report.
Bank of Baroda reports Q2 net profit of Rs 4,809 crore with 8% YoY decline, while asset quality improves and NIM rises to 2.96%
Scheduled commercial banks recorded 11.3% YoY loan growth in Q2 FY26 with public sector banks leading at 14.5% increase, driven by retail and MSME lending momentum.
Kotak Mahindra Bank reports 2.7% dip in Q2 net profit to Rs 3,253 crore despite robust loan growth, improved asset quality and steady NII growth.
Government-backed ONDC appoints ex-Paytm executive Rohit Lohia as Chief Business Officer to drive digital commerce growth and ecosystem development.
New banking laws allow up to 4 nominees for deposits and lockers, ensuring transparent claim settlement and enhanced depositor protection starting November 1, 2025.
