The Hindu Businessline

Bajaj Finance Q2 FY27 consolidated net profit rises to 6,367 crore

TCS to help Indian Bank modernise its overseas treasury operations across money markets, investment management, and foreign exchange

RBI last conducted a VRR auction to push liquidity into the banking system on July 29, 2026

The campaign centres on a film in which Shahid Kapoor uses an Axis Bank Visa Credit Card to fulfil a young girls wishes through a magical dollhouse

NII grows 20% y-o-y as provisions nearly halve and asset quality improves in September quarter

JPM Coin, which represents US dollar deposits at the largest US bank, will be made available to the companys institutional clients on the Ethereum network

Union Bank of India reports a robust 19% growth in advances; deposit growth at 7%

Existing Share.Market users will retain their demat holdings, balances, watchlists, order history and login credentials

Interest income for Q2FY27 stood at 28,158 crore, up 4.24% year-on-year on a half-yearly basis, while net interest income rose 15.03% to 20,620 crore for the first half

Since it is the President who holds equity shares in CPSEs on behalf of the people, I seek your intervention in directing the government to review disinvestment, Sarma said in the letter

The original cryptocurrency climbed as much as 2.4% and was hovering around $82,600 in early London trading

PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem

Q2 Results Today, 19th October 2026 Live Updates: Stay tuned to businessline for more

Rural credit trails overall loan growth at several banks in September quarter

Ashok Chandra, MD and CEO of Punjab National Bank, has stated that festive demand has significantly driven credit growth

The United Forum of IDBI Officers and Employees threatened to intensify agitation programmes with prolonged action, including indefinite strike without further notice, if demands are not met

SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.

Net interest income rises 10% y-o-y to 34,619 crore

Net interest income grows 22% to 1,162 crore

Higher interest income and expansion in lending supported earnings, while the cost of FCNR(B) inflows contributed to pressure on margins

Bharuchais HDFC Banks longest serving board member, having joined itin 2014

Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates

Higher core income, expanding lending across business segments and lower provisioning costs supported the private sector lenders performance during the September quarter

The bank said recognising the rulings impact would have resulted in a quarterly loss of 5,217 crore, according to its filing.

Central Bank of Indias total income climbs to 11,737 crore in Q2 FY27 from 10,212 crore a year ago

This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canadas Fairfax Financial Holdings for about 53,000 crore

The leadership change comes as the countrys largest private sector lender prepares for Anup Bagchi to assume charge later this month.

Core net interest income grows 17.7% to 25,339 crore

The government has cited legal provisions and past Budget commitments to defend its decision to proceed with the strategic disinvestment of IDBI Bank.

Net interest income (interest income less interest expended) rose 10% y-o-y to 34,619 crore (31,551.50 crore in Q2FY26)

Axis Bank, the country's third-largest private bank by assets, posted a stand-alone net profit of 7,003 crore ($737.5 million) for the quarter ended on September 30

The bank expects agriculture priority-sector lending to sustain its 18% growth, maintaining profitability and improving asset quality in coming quarters

Other Members of the Bureau include Arijit Basu, Satish K Marathe, R Subramanian, Siddhartha Mohanty, Neeja Kapur and T. L. Alamelu

United Forum of IDBI Officers and Employees expresses shock over DIPAMs claims that it had discussed disinvestment with employee associations

Public sector banks earned a record 1.98 lakh crore profit in FY26, despite GNPA rising to 1.93%, boosting access and services

Q2 Results Today, 17th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates

Findings should be presented to Parliament where Ministry of Finance and DIPAM will have a great deal of explaining, says former Secretary to government in letter to Union Finance Minister

Aditya Sharma is trying an offbeat route to fund a school in a Rajasthan village that shares its name with a blockchain network

Following the consummation of the proposedacquisition, the Prem Watsa-founded Fairfax expects that the operations of the new company would continue to be led by Rakesh Sharma, the current MD and CEO of IDBI Bank

All the Indian branches of Emirates NBD will function as branches of RBL Bank Limited with effect from December 01, 2026

The banks gross non-performing assets (NPAs) moderated to 2.55 per cent of gross advances at the end of September 2026, down from 3.45 per cent a year ago

NIM rose 26 per cent y-o-y to 3,153 crore

Founded in April 2024 by Maurya, Ashish Jha and Manav Bharambe, Rupeeflo began operations in December that year

Q2 Results Highlights, 16th October 2026: Stay tuned to get real-time market, business and financial news updates

The hike in MCLRs comes in the wake of the RBIs rate setting panel increasing the repo rate by 25 basis points from 5.25 per cent to 5.50 per cent

The bank is examining legal options after the ruling, while S&P expects adequate capitalisation despite potential earnings pressure from coupon payments

Managing Director and CEO Sudipta Roy and Chief Financial Officer Sachinn Joshi discuss the companys strategy

The Latest Home Loan Interest Rates: Oct 16, 2026

The Latest Fixed Deposit Interest Rates: Oct 16, 2026

The private sector lender recorded a robust net profit growth of 37.3 per cent y-o-y at 788 crore for the quarter ended September 2026 (Q2FY27)