The Hindu Businessline

This observation comes in the backdrop of the Rrupee breaching the 95 to the Ddollar mark in intraday on Thursday for the first time since March 30, 2026, and closing at an all time low of 94.91 per US Ddollar

CSFB reported 18 per cent year-on-year increase inQ4FY26 net profit at Rs 40 crore against Rs 34 crore in the year ago quarter

The Latest Fixed Deposit Interest Rates: May 01, 2026

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MAS Financial Services to pay dividend of 0.75 per share

Q4 Results Today, May 1, 2026, Live Updates: Catch live updates

This marks a more than 4,000-fold increase in value since its launch in 2016, alongside a nearly 12,000-fold surge in transaction volume.

The hiring trend reflects a steady rise in workforce across PSBs, driven by growing business needs and financial inclusion goals.

Net profit impacted as the Bank took a one time impact of recognition of Deferred Tax Asset (DTA)

Oriserve services are aligned with RBI guidelines, GDPR and ISO 27001 standards

The profit grew 136 per cent sequentially

Q4 ResultsHighlights Today, April 30, 2026:

Total business stood at 48,276 crore, registering a year-on-year growth of 14.8 per cent

The capital will be used to scale Oolkas AI engineering team and expand its agentic capabilities beyond credit, and grow the companys partnerships with banks and NBFCs

His lecture tied in three strands together theory, practice, and supervision to argue that finance must ultimately serve a public purpose

The highest AUM growth came in the Loan Against Property (LAP) business, with the AUM of 52,295 crore as of March 31, 2026 registering a growth of 26 per cent y-o-y

DFS secretary Nagaraju emphasises need for developing new and innovative customised products to meet the requirements of the younger generation and to provide coverage for emerging risks

Total income declined to 1,969.28 crore during the quarter from 2,343.26 crore in Q4 FY25

Net profit impacted by fall in operating profit to 3,043 crore from 3,195 crore a year ago

Emirates NBD's proposal to buy a 60% stake in RBL for $3 billion was announced in October 2025

The transaction values the portfolio at 1.5 to 1.6 times implied equity as estimated by Federal Bank.

This milestone highlights PhonePes population-scale reach in India and the breadth of its digital platform offerings across payments and financial services distribution

The London-based lender has been offloading non-core components in India as part of efforts to boost profitability

Bank branches will observe multiple closures in May, with the holiday schedule varying from state to state based on regional festivals and local observances

Jerome Powell said he will remain on the Federal Reserve board after his term as chair ends, citing ongoing legal pressures and institutional concerns

A natural calamity is as any event recognized under official disaster relief frameworks such as the National or State Disaster Response Funds.

His new term will run from August 17, 2026, to August 16, 2029

Vice-Chaiman & Managing Director Rajeev Jain has expressed his willingness to step down from the Company

Mohandas Pai and Vikas Khemani back Bakhshi

The central bank may turn more aggressive in the market if the rupee breaches the psychologically crucial 95 mark

Binod Kumar, MD and CEO, Indian Bank, told mediapersons in an interaction that the public sector lender has exceeded guidance for FY26 on all operational parameters

The moderation follows a strong surge in the previous fortnight driven by year-end balance sheet adjustments.

For the full year, the bank posted an 11% rise in profit to Rs 12,156 crore, along with higher income and improved margins

Profit surges 56% on lower provisions and stronger credit growth

According to the report, growth projections for the US economy have been revised downward

We are not looking to bring in any drastic changes to a system that has seen robust growth over the last 15 years, said Vijay Anandh, the incoming MD and CEO of City Union Bank

Impact hinges on Hormuz supply normalisation, says Anindya Banerjee

Post the regulator's action in 2024, Paytm transitioned to a multi-bank model for its UPI services, partnering with leading banks to ensure uninterrupted payments for its users

While noting that the $1.8 trillion private credit market may not pose systemic risks, Dimon flagged concerns about potential stress for some firms and banks

The net profit for the whole FY26 was 102.75 crore compared to 66.64 crore; Operating profit for the period was 216.28 crore against profit of 95.10 crore in the last financial year

The board has given approval for fund mobilisation of 10,000 crore through various instruments

Net earned premium for Q4FY26 grew around 14 per cent year-on-year to 4,327 crore

The public sector bank said the ISL service is available across five key customer touch points: website, mobile banking app, WhatsApp Banking, Phygital Branches, and ADI (GenAI-powered chatbot)

The Mission is expected to enhance managerial and operational capabilities, improve the compliance culture, and strengthen institutional resilience across UCBs, per a RBI statement.

The Kolkata-headquartered banks net profit for the fourth quarter of FY25 stood at Rs 317.90 crore

The Apex court set aside earlier rulings by the National Company Law Tribunal and National Company Law Appellate Tribunal, reaffirming that guarantee liabilities are enforceable even if not disclosed or improperly stamped

Currently, the government of India holds a 93.85 per cent stake in Punjab & Sind Bank

Total funding saw a marginal 2% increase from $503 million in Q1 2025, though it declined 9% sequentially from $562 million in Q4 2025

While we continue to exploit all the opportunities that are available on the bancassurance side, we also see opportunities that are available in the market to strengthen our agency channel as well