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Parliamentary committee invites stakeholder feedback on Insolvency and Bankruptcy Code amendments targeting faster resolution processes and creditor-initiated insolvency.
IndusInd Bank refutes new investigation claims, asserts previous external agency probe covered Rs 255 crore accounting irregularities
Axis Bank reports 25% profit drop in Q2 due to RBI-advised crop loan provision, maintains stable asset quality and growth
NPCI partners with NTT DATA to enable UPI payments across Japan, enhancing digital transaction experience for Indian tourists.
Digital NBFCs surge in personal lending, reaching Rs 43,019 crore with 5.69 crore accounts and inclusive growth strategies
SBI's innovative digital lending scheme transforms MSME financing with rapid online approvals and tech-driven credit assessment in 2023-24
S&P Global Ratings reports Indian banks can withstand global volatility, rate cuts, and rupee depreciation due to strong corporate health and low tariff exposure.
IndusInd Bank reports 8% decline in net advances and 5% drop in deposits for Q2 FY26, with profit plunging 68% and NII down 14.2% year-on-year.
RBI maintains repo rate, announces growth-friendly measures to support MSME lending and economic resilience amid global challenges
Cabinet committee approves new MD & CEOs for Union Bank and Central Bank of India for 3-year terms following FSIB recommendations.
UAE regulator DFSA restricts HDFC Bank's Dubai branch from onboarding new clients due to concerns over its financial services and onboarding practices.
ICICI Bank to clear cheques within one working day starting Oct 4, 2025, aligning with RBI's new continuous settlement system for faster funds.
SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC, marking the largest cross-border investment in India's banking sector.
Bank deposit growth exceeds credit offtake as corporate demand weakens and alternative investments rise. Credit-deposit ratio remains below 80% for 11th straight fortnight.
Women NDA workers lead Bihar bandh protests demanding apology from Rahul Gandhi and Tejashwi Yadav over alleged derogatory remarks against PM Modi's late mother.
KPMG report reveals 53% of banks aim for 10% cost reduction by 2030, with AI integration, fraud detection, and automation as key strategies for transformation.
HDFC Bank leads market losses as top Indian firms lose Rs 2,24,630 crore amid bearish sentiment and market volatility
Bank of Baroda reduces auto loan interest rates starting at 8.15% p.a. and mortgage loan rates to 9.15% p.a. ahead of festive season demand.
Japan's Sumitomo Mitsui Banking Corp gets RBI nod to acquire 24.99% stake in Yes Bank, a major foreign investment in India's private banking sector.
Care Edge reports gross NPAs fell to 2.3% in Q1FY26, the lowest level since the asset quality review, driven by write-offs and IBC resolutions.
