Bank
- FUNDINGFUNDING · 2 min
Kotak Mahindra Bank to acquire Deutsche Bank India retail business for ₹282 crore
Kotak Mahindra Bank has signed a definitive agreement to acquire Deutsche Bank’s retail banking, affluent private banking, and wealth management business i…
30 Jun, 11:22 pm IST - INDIAINDIA · 2 min
HDFC Bank appoints Rajiv Kumar as part-time chairman and Puneet Sharma as CFO-designate
HDFC Bank has appointed former Finance Secretary Rajiv Kumar as its new part-time chairman, pending RBI approval, succeeding Keki Mistry who served on an i…
30 Jun, 01:47 am IST - INDIAINDIA · 2 min
Yes Bank plans to raise up to ₹16,000 crore through equity and debt
Yes Bank announced plans to raise up to ₹16,000 crore through a combination of equity and debt, according to a regulatory filing on Monday.
29 Jun, 10:08 pm IST - INDIAINDIA · 2 min
Kotak retains overweight stance on HDFC Bank and ICICI Bank amid attractive valuations
Kotak Institutional Equities has maintained an overweight stance on leading private banks HDFC Bank and ICICI Bank, citing attractive valuations and resilient asset quality as key factors.
26 Jun, 04:08 pm IST - INDIAINDIA · 1 min
Kotak Mahindra Bank targets affluent, SME and digital segments for growth
Kotak Mahindra Bank is focusing on affluent customers, small and medium enterprises (SMEs), and digital banking to drive its next growth phase, according to bfsi.economictimes.indiatimes.com.
25 Jun, 06:08 am IST - INDIAINDIA · 2 min
UK court orders Nirav Modi to pay ₹100 crore to Bank of India
A London court ordered fugitive diamond businessman Nirav Modi to pay $10.7 million (around ₹100 crore) to the Bank of India on Tuesday. The ruling found Modi liable for loans he had guaranteed.
24 Jun, 10:08 am IST - POLICYPOLICY · 2 min
RBI revises Lead Bank Scheme to enhance credit flow and inclusion
The Reserve Bank of India (RBI) has overhauled the Lead Bank Scheme to improve credit distribution and financial inclusion.
22 Jun, 02:08 am IST - INDIAINDIA · 2 min
RBI extends Keki Mistry's term as HDFC Bank interim chairman by three months
The Reserve Bank of India (RBI) has approved a three-month extension for Keki Mistry as the interim part-time chairman of HDFC Bank, the lender announced on Thursday.
18 Jun, 08:08 pm IST - FUNDINGFUNDING · 2 min
HDFC Bank raises $750 million via offshore bond issue through GIFT City unit
HDFC Bank, India's largest private sector lender, raised $750 million through a senior unsecured dollar-denominated bond issue via its GIFT City IFSC Banking Unit, the bank announced.
17 Jun, 02:08 pm IST - POLICYPOLICY · 2 min
RBI supersedes Mogaveera Co-operative Bank board under Banking Regulation Act
The Reserve Bank of India (RBI) on June 12 issued directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949, superseding the b…
12 Jun, 08:08 pm IST - POLICYPOLICY · 2 min
European Central Bank raises interest rates for first time in three years
The European Central Bank (ECB) raised its benchmark interest rate by 25 basis points on Thursday, marking the first hike in three years.
12 Jun, 06:08 am IST - INDIAINDIA · 2 min
World Bank raises India FY27 growth forecast to 6.6% amid global slowdown
The World Bank has raised India's economic growth forecast for the fiscal year 2026-27 to 6.6%, up from its earlier projection of 6.5% in January, accordin…
12 Jun, 12:08 am IST - POLICYPOLICY · 2 min
RBI extends regulatory directions for Loknete R.D. Kshirsagar Sahakari Bank
The Reserve Bank of India (RBI) has extended the period of directions issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949, for Loknete R.D.
10 Jun, 02:08 pm IST - INDIAINDIA · 2 min
HDFC Bank to decide on CEO Jagdishan's third term after legal review
HDFC Bank will delay the decision on reappointing CEO Sashidhar Jagdishan for a third term until a legal review report is received, according to livemint.com.
08 Jun, 08:08 am IST - INDIAINDIA · 1 min
Canara Bank says Rajesh Exports exposure poses no material risks
Canara Bank’s managing director and CEO Brajesh Kumar Singh stated that the bank is comfortably placed regarding its exposure to Rajesh Exports, with provi…
07 Jun, 06:08 pm IST - INDIAINDIA · 2 min
KPMG review finds IDFC First Bank Chandigarh fraud isolated incident
Private sector lender IDFC First Bank said a forensic review by KPMG found the ₹646 crore fraud uncovered at its Chandigarh branch earlier this year was an isolated incident.
06 Jun, 02:05 pm IST - INDIAINDIA · 2 min
Neelkanth Mishra appointed India's Executive Director at World Bank
Economist Neelkanth Mishra has been appointed as India's Executive Director at the World Bank for a three-year tenure.
05 Jun, 02:05 am IST - INDIAINDIA · 2 min
IDFC FIRST Bank CEO outlines AI-driven predictive banking future
IDFC FIRST Bank CEO V Vaidyanathan highlighted the transformative role of artificial intelligence in banking during a fireside chat at Inc42’s AI Summit 2026 in Bengaluru.
01 Jun, 03:06 pm IST - POLICYPOLICY · 2 min
Sectoral Deployment of Bank Credit – April 2026
Bank credit deployment in India grew by 11.2% in April, driven by increased lending to the services and industry sectors, according to the Reserve Bank of India’s sectoral deployment report.
29 May, 06:01 pm IST - STARTUPSSTARTUPS · 2 min
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Development Bank of Japan Inc. (DBJ) has made its first real estate investment in India by committing capital to the HDFC Capital Development of Real Estat…
28 May, 11:23 am IST - INDIAINDIA · 1 min
Emirates NBD to launch open offer for 26% stake in RBL Bank from June 1
Emirates NBD is set to launch an open offer to acquire a 26% stake in RBL Bank starting June 1, according to thehindubusinessline.com.
23 May, 02:57 am IST - STARTUPSSTARTUPS · 2 min
Central Bank OFS subscribed 2.35 times on Day-1, govt exercises green shoe option
The government’s offer for sale (OFS) in Central Bank of India was subscribed 2.35 times on the first day, prompting the government to exercise the entire…
23 May, 12:57 am IST - POLICYPOLICY · 1 min
Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
The Reserve Bank of India (RBI) released its Bulletin Weekly Statistical Supplement today, providing updated financial statistics and data insights as of May 22, 2026, according to rbi.org.in.
22 May, 08:31 pm IST - POLICYPOLICY · 2 min
RBI imposes monetary penalty on City Union Bank Limited
The Reserve Bank of India (RBI) has imposed monetary penalties on City Union Bank Limited and Mintifi Finserve Private Limited for regulatory non-compliance, as announced today.
22 May, 06:30 pm IST - INDIAINDIA · 2 min
SBI Mutual Fund raises stake in Bandhan Bank. Check details
SBI Mutual Fund increased its stake in Bandhan Bank by acquiring 16,98,478 shares, equivalent to a 0.1054% stake, on 20 May.
22 May, 02:02 pm IST - POLICYPOLICY · 1 min
Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
The Reserve Bank of India (RBI) released its Bulletin Weekly Statistical Supplement on May 1, 2026, providing updated financial and economic data.
20 May, 12:57 am IST - POLICYPOLICY · 1 min
RBI approves the voluntary amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra)
The Reserve Bank of India (RBI) has appointed Shri Gunveer Singh as its new Executive Director, effective May 18, 2026, according to an official RBI press release (rbi.org.in).
19 May, 10:48 pm IST - POLICYPOLICY · 2 min
Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) – Nagar Sahakari Bank Ltd., Etawah
The Reserve Bank of India has imposed business restrictions on Nagar Sahakari Bank Ltd, Etawah, capping withdrawals at ₹50,000 per depositor and barring fr…
18 May, 09:34 pm IST - POLICYPOLICY · 2 min
RBI imposes monetary penalty on The Aurangabad District Central Co-operative Bank Limited, Bihar
The Reserve Bank of India has imposed a ₹10 lakh monetary penalty on The Aurangabad District Central Co-operative Bank Limited, Bihar, effective 14 June 20…
18 May, 09:30 pm IST - STARTUPSSTARTUPS · 2 min
IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge
IDFC FIRST Bank reported a sequential slowdown in deposit growth for the March 2026 quarter, even as the broader banking system posted an acceleration, according to livemint.com.
18 May, 07:31 pm IST