The Hindu Businessline

Brokerages retain bullish calls on the stock but say the next chief executive must provide a credible leadership reset and a clear path to revive growth and margins

After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India

The UAE, US, UK and Singapore account for nearly half of all non-resident holdings in Indian mutual fund

Credit growth was broad-based across sectors and borrower categories

The four-month programme seeks to bridge the digital skills gap and help economically disadvantaged youth achieve financial independence and dignity

The data also show that banks have begun to trim rates offered on fresh deposits

The bank has submitted the names of executive directors Anup Saha and Paritosh Kashyap to the Reserve Bank of India for approval

Banks received additional rupee liquidity from foreign currency inflows and government expenditure, while the RBI continued absorbing excess funds

UPI is currently accepted in 10 countries -- Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece

Four state-run companies have raised 12,000 crore ($1.26 billion) through bonds maturing in 10 years or more over the past four days

The fundraising drew strong interest from domestic mutual funds and global institutions, including BlackRock, Goldman Sachs Asset Management and Eastspring Investments

PhonePe claims to have become the first major third-party application provider (TPAP) to extend UPI payment capabilities to an estimated more than 200 million feature phone users across the country

New CEO is likely to be tasked with shoring up investor confidence at HDFC Bank, whose shares have fallen 28% this year

Drawing a difference between borrowers and guarantors, Chandra said he has not borrowed any money himself.

The latest move marks a shift towards larger and longer-tenor operations as the RBI seeks to absorb liquidity generated by its measures to attract foreign inflows to shore up the rupee

Chandras statement came in response to social media posts over the weekend carrying hashtags such as #PaiseVapasKaro

Indian Bank had 6,003 domestic branches and three overseas ones - Singapore, Colombo and Jaffna - and an IFSC Banking Unit at Gandhinagar as of June 30, 2026

The new CEO will have to assure investors that the banks governance systems are robust, with the focus squarely on growing the business at a time when peers are eager to gain ground

The private lenders board decides to fast-track the process for selection and appointment of Mr. Jagdishans successor well within time

Chandra allowed to pay just 6.5 crore against admitted claims of 22,006.57 crore

The bank informed the exchanges of CEO Jagdishans decision

Canara Bank, which held a 1.60% voting share, said it had voted against the repayment plan and will file an appeal before the National Company Law Appellate Tribunal

Many properties may have been acquired decades ago at historical costs, while current commercial value in metropolitan and prime urban locations, could be substantially higher

Financial markets increased bets on a September rate hike after Warsh offered a clearer assessment of inflation and monetary policy priorities

The Latest Fixed Deposit Interest Rates: Aug 28, 2026

The Latest Home Loan Interest Rates: Aug 28, 2026

Poor recoveries may prompt tougher scrutiny of guarantor assets and repayment plans

Based on its assessment, including favourable orders received from the GST authorities on identical issue for FY19 and FY20, the bank believes that it has adequate grounds to contest the matter on merits

As per RBI guidelines for on tap licensing of SFBs in the private sector, existing Payments Banks which are controlled by residents and have completed five years of operations are eligible for conversion into SFBs

The PSU lender expects treasury income of Rs 1,000-1,500 crore this financial year after first-quarter earnings of Rs 500 crore beat its Rs 300 crore estimate.

The transactions were executed on Thursday at prices ranging from 168.02 to 168.19 apiece, according to data on the BSE.

The loan would contribute to SoftBanks recent debt financing related to its investment in OpenAI, including a potential $20 billion bond sale, amid rising credit risks in the AI sector

Rajans comments come as investors await Kevin Warshs Jackson Hole speech for clues on the Federal Reserves policy direction and rate outlook

Urges RBI to adopt targeted regulation instead of a blanket ban

However, reacting to dissenting creditors claims of 22,000 crore against him, Chandra on Thursday clarified that he has not borrowed any money from any lender.

The journey of PMJDY over the past 12 years has shown that financial inclusion can become a powerful instrument of economic transformation when policy, banking and technology move together.

Insurer says agentic AI push will be cross-subsidised and will not raise overall cost ratios

United Forum of IDBI Officers and Employees appeals Standing Committee on Finance in Parliament to revisit 2003 assurance in House as well as Lok Sabha, Rajya Sabha debates

The move comes as banks prepare to manage increased dollar liquidity and rising hedging costs ahead of the special deposit scheme deadline.

There is no more appropriate institution to munch on aspects of projected stake sale to foreign investors before it becomes irreversible, says United Forum of IDBI Officers and Employees

BoB will offer a yield of 5.3890% on the reissue, the bank said in a notice to stock exchanges

The personal CFO is based on a proprietary financial fitness scoreandwill empower every Indian to live a better financial life, Hitesh Sethia,MD & CEO said

The initiative extends international QR payment acceptance across the Banks merchant network

Company also weighing covers for cyber-related risks faced by bank depositors and identity theft

The proposed sale would reduce the shareholding of ICICI Prudential AMCs promoters to 85.6%

The lender has more than 460 home loan processing centres across India with nearly 28% market share

In the State of the Economy report, published in the RBIs monthly bulletin, RBI officials noted that credit growth continued to remain healthy in July

Bank reacts to reports that a deal between it and Jana Small Finance Bank is likely in advanced stages

The weighted average domestic term deposit rate(WADTDR) on fresh deposits rose by 16 bps in June 2026