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The Hindu Businessline

Personal Finance / The Hindu Businessline

City Union Bank Q2 net rises 26% to 416 crore

Interest income rose 27% to 2,092 crore in Q2 FY27 from 1,653 crore in Q2 FY26

28 Oct 2026 3:27 pm
Indias credit card base expands 9.5% y-o-y in September; spending moderates on high base: Jefferies

Total credit card spending fell 6.2% y-o-y during the month, compared to a growth of 5.5% registered in the previous month

28 Oct 2026 1:12 pm
Delhi High Court orders takedown of fake Kotak accounts on Meta, Telegram, LinkedIn

The case targets unidentified John Doe defendants who used Kotaks trademarks across WhatsApp, Telegram, Facebook, YouTube, and LinkedIn to run fraudulent investment schemes

28 Oct 2026 10:26 am
IFSCA sets financial soundness norms for payment system operators in GIFT City

Existing payment system operators must submit certificates from their statutory auditors confirming compliance with the prescribed criteria for the preceding financial year by September 30 each year

28 Oct 2026 9:29 am
Three South Korean financial firms including Bithumb report data breaches, Yonhap says

Daishin Securities said about 38,000 customer records were leaked and emergency measures were taken, Yonhap reported

28 Oct 2026 9:07 am
MDR uncertainty, choppy markets cloud 33,600-crore fintech IPO pipeline

For payments companies, investors will assess impact of merchant discount rate

27 Oct 2026 10:08 pm
SBI Life Q2 net up 11% at 549 crore net premium income

The first-year premium rose 8.81 per cent to 5755.86 crore, whereas the renewal premium increased 12.57 per cent to 15,763.64 crore for the period under review

27 Oct 2026 9:25 pm
CoinDCX flags a phishing attack, days after confirming a compromised wallet

It stressed that the exchange will never ask users to share private keys or seed phrases, ask for OTP, send links to withdraw funds

27 Oct 2026 9:06 pm
RBI Governor urges States to onboard onto ULI, utilise Programmable CBDC for Direct Benefit Transfers

RBI Governor Sanjay Malhotra urged states to adopt UPI-linked lending, leverage CBDC for direct transfers, and strengthen fiscal health nationwide

27 Oct 2026 9:05 pm
MSME, unsecured retail stress to lift bank NPAs in FY27

Indian banks in India are set to see a modest rise in fresh non-performing assets in FY27

27 Oct 2026 8:58 pm
Indian Overseas Bank appoints Akshit Choudhary as CFO from Nov 1

Choudhary is a Chartered Accountant with over 15 years of professional experience across banking, financial services, auditing, treasury, and business operations

27 Oct 2026 8:54 pm
TVS Credit reports 19% growth in Q2 PAT at 243 crore

As per a statement by TVS Credit, the NBFC clocked a net profit of 243 crores for Q2FY27, a growth of 19% compared to the same period last year

27 Oct 2026 8:30 pm
Tata Capitals consolidated Q2 net profit jumps 51% to 1,660 cr

Net interest income was up 23 per cent to 3,696 crore (3,006 crore)

27 Oct 2026 8:13 pm
Proposed insurance distributions norms: IRDAI Chief says I am in the listening mode

IRDAI has extended the deadline to submit feedback on its proposed distribution reforms to October 31, 2026,from the earlier October 25, 2026

27 Oct 2026 6:56 pm
IRDAI to implement distribution reforms only after consensus: Seth

On the issue of portability, Seth rued that the activity is concentrated in a very small set of entities, pointing out that the commissions paid may be playing a role in customer behaviour

27 Oct 2026 5:05 pm
Indian lenders delay dollar bond sales as hedging costs climb

Canara Bank, Punjab National Bank and Bank of India have shelved planned issuances, while Karur Vysya Bank awaits more favourable pricing

27 Oct 2026 3:48 pm
PhonePe launches Tatkal NPS, lets users open pension accounts for 250

The feature leverages Tatkal NPS, a framework developed by the Pension Fund Regulatory and Development Authority (PFRDA), which allows existing bank KYC data to be reused via an OTP

27 Oct 2026 3:22 pm
Swiggy renews insurance cover for 25 lakh delivery partners with IndusInd General Insurance

Under the renewed programme, delivery partners receive accidental death cover of 10 lakh, in-patient hospitalisation cover of up to 2 lakh, and family health coverage of up to 1 lakh

27 Oct 2026 2:03 pm
Why are HDFC Bank shares steady as Bagchi officially takes charge as MD & CEO

The stock remains under significant pressure, down 30.45 per cent year-to-date against the Nifty 50s 12.86 per cent decline

27 Oct 2026 10:28 am
Paytm Q2 FY27 profit rises over 10-fold to 225 crore; revenue grows 28% to 2,648 crore

EBITDA increased 90% y-o-y to 270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time

27 Oct 2026 8:59 am
SoftBank vehicle sells 3.58 crore Ola Electric rights entitlements amid 1,000-crore issue

The investment vehicle sold 1.21 crore REs on October 22 and 23, followed by another 2.37 crore on October 26, according to exchange data.

27 Oct 2026 7:00 am
FCNR(B) rush squeezes margins; private banks feel more heat than PSU peers

Private banks raise FCNR(B) at 7.5-10% of deposits versus 2-2.5% for PSUs

26 Oct 2026 10:09 pm
Bank of Maharashtra reports 41% jump in Q2FY27 net profit at 2,310 crore

The Pune-headquartered public sector bank, which reported a net profit of 1,633 crore in the year ago quarter, logged a robust growth in advances amid improvement in asset quality

26 Oct 2026 9:12 pm
26 Oct 2026 8:39 pm
Tamilnad Mercantile Bank records highest-ever net profit of 451 crore for Q2

Total Business grew by 27.25%, highest year on year growth since listing of the bank. Net Interest Income for the quarter stood at 807 Crore, a growth rate of 35.17% YoY

26 Oct 2026 8:17 pm
Bank of Barodas standalone primary dealer subsidiarycommences operations

BoB says this marks an important milestone in its strategy to strengthen its presence in government securities and debt capital markets

26 Oct 2026 7:42 pm
SBI chief expects 50 bps repo rate hike in MPCs next meeting

Rate hikes may weigh on discretionary consumption demand, says Chairman

26 Oct 2026 7:26 pm
Indian Overseas Bank Q2 net surges 56% on strong interest income growth

Lender eyes $500 million ECB funding by December

26 Oct 2026 6:59 pm
Shift to rate hikes may impact consumption credit demand; will not hurt retail asset quality: Setty

Pointing to the robust 7.1% growth expected this fiscal year, Setty said the demand from productive sectors is unlikely to be impacted

26 Oct 2026 5:01 pm
IFC lends $150 million to SBI to support 8.6 lakh rural women borrowers

The social loan is expected to benefit around rural women across agricultural value chains, including crop cultivation, animal husbandry, fisheries and food processing

26 Oct 2026 3:44 pm
IOB Q2 net profit rises 56% to 1,912 crore on higher interest income

Interest income of the bank rises 17% to 9,201 crore during the September quarter

26 Oct 2026 3:29 pm
Tamilnad Mercantile Bank Q2 net profit up 42% to 451 crore

Interest income of the bank rose 29% to 1,820 crore during Q2 of FY27

26 Oct 2026 3:11 pm
Bitcoin dips below $80,000 as AI-Related market selloff deepens

The largest digital asset fell as much as 1.4% to under $79,300 before paring some losses to trade around $80,000 in afternoon trading in Asia

26 Oct 2026 12:01 pm
Secure banking system needs secure digital infrastructure, says PM Modi

Modi highlighted the significance of the RBIs Data Centre and Cybersecurity Training Institutein strengthening Indias digital financial infrastructure and advancing its technological self-reliance

25 Oct 2026 9:28 pm
Distribution reforms: IRDAI extends deadline for feedback till October 31

A consultation paper on the proposed distribution reforms was released by the IRDAI proposing significant changes in the current regulation including caps on commissionsand expenses of management

25 Oct 2026 6:04 pm
Private capex pipeline grows fourfold since 2014, but lending risks rise amid sectoral concentration: Report

Indias outstanding private capex pipeline reached 99.7 lakh crore in September 2026, nearly 4.1 times its March 2014 level and 39% higher than a year ago, report says

25 Oct 2026 3:05 pm
HDFC Bankintroduces electric car loan, offeringdifferential loan proportions for the body and battery of the EV

HDFC notes that the prevailing cost structure of EVs makes the acquisition cost of the vehicles higher compared to ICE (Internal Combustion Engine) vehicles due to expensive batteries

25 Oct 2026 1:56 pm
SEBI to come up with rules to prevent broker terminal misuse, says chairman Pandey

We are developing a framework to put in place safeguards to prevent misuse of trading terminals, Pandey said, addressing an event organised by ANMI here.

25 Oct 2026 8:56 am
IDFC First Bank Q2 profit jumps nearly three-fold to 1,045 cr

IDFC First Banks total income rises to 14,218 crore in Q2 FY27 from 11,828 crore in same period a year ago

24 Oct 2026 9:31 pm
Kotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflows

Meanwhile AU Small Finance Bank registered a 53 per cent rise in profit to 858 crore as net interest income

24 Oct 2026 8:22 pm
IDFC First Banks Q2FY27 net profit zooms 197% to 1,045 crore

Net interest income (interest income less interest expended) was up 21 per cent y-o-y to Rs 6,184 crore (Rs 5,113 crore in Q2FY26)

24 Oct 2026 8:13 pm
AU Small Finance Bank Q2 profit jumps 53% to 858 cr

AU Small Finance Banks total income rises to 6,382 crore in Q2 FY27 from 5,224 crore in the same period a year ago

24 Oct 2026 4:54 pm
Kotak Bank Q2 profit rises 29%, beats estimates

Kotak Mahindra Bank posts a stand-alone net profit of 4,211 crore ($443.5 million) for the three months ended September

24 Oct 2026 2:41 pm
Bihar govt introduces performance assessment index for banks

IDFC FIRST Bank currently tops the list with 74 points, Development Commissioner Mihir Kumar Singh says

24 Oct 2026 2:26 pm