The Hindu Businessline

Union Bank expects the MPC to raise the repo rate by a quarter percentage point to 5.50% in the current review and shift towards a calibrated tightening stance

The last time RBI conducted a VRRR auction bigger than 2.50 lakh crore was 3 lakh crore on September 17th.

82.94 lakh warrants of the company will be allotted topromoter group entityNithyam Realty

As per regulations, while NBFCs, including GLCs, arerequired to maintaina regulatory minimum CRAR of 15per cent

Over the last two months, the central bank has undertaken multiple VRRR auctions to absorb excess surplus liquidity from the banking system and align the overnight money market rates to the repo rate

The private-sector bank sees a Rs 28 lakh crore untapped credit opportunity; combines funding, digital solutions and IIT-led AI training programmes to deepen entrepreneurs engagement

As at September-end 2026, the public sector banks global advances and total deposits stood at 3,81,035crore and 5,08,586crore, respectively

As per provisional business figures, Indias largest private sector bank reported a 18.8% year-on-year (yoy) growth in deposits and 16.3% yoy growth in gross advances in the reporting quarter

Shares traded flat at 723 on the NSE at 9.58 am after rising to 734.20 in early trade from 721.20 previous close

From pause to tightening: 7 in 10 bank economists expect a neutral policy stance

Former Country Head for East Asia will oversee the banks second-largest circle, with 1,573 branches across Karnataka

A broad CRR hike appears less preferred, given RBIs earlier exemption of eligible FCNR(B) deposits from reserve requirements, report read.

The investigation concerns LICs 2012 subscription to non-convertible debentures issued by Reliance Communications on the basis of alleged misrepresentations

Todays resilience may not necessarily imply tomorrows immunity, RBI Governor Sanjay Malhotra says as he flags increasing exogenous systemic risks

GIFT Citys offshore Family Investment Fund regime allows Indian family offices to access global markets, as outbound schemes raise about $1.1 billion

V D Satheesan delivers 18th K P Hormis Memorial Lecture hosted by Federal Bank

Similarly in the first year, active small-cap funds generated returns of 3.6 per cent, while passive funds failed to deliver any gains registered a decline of 0.2 per cent

This appointment follows the resignation of Anup Bagchi as MD & CEO of the insurer

Market participants believe Bagchi is likely to emphasise his trust in HDFC Banks existing leadership team and to take the franchise to even greater heights

Prior to this, Malliwas serving as Chief General Manager-in-Charge of the Department of Supervision

The Latest Fixed Deposit Interest Rates: Oct 02, 2026

The Latest Home Loan Interest Rates: Oct 02, 2026

The public sector bank (PSB) is the sponsor of the new Company, with a shareholdingof 80.10%

Retail veteran to lead the private bank from January 2027

The change comes just before the RBIs MPC meet, with analysts expecting a repo-rate rise that could influence funding strategies and deposit costs across the sector

Thousands of British homeowners face higher repayments as fixed-rate deals expire amid rising borrowing costs and renewed inflation pressures.

Rising energy costs, persistent inflation and stronger growth expectations are reshaping bond markets as investors reassess long-term borrowing costs globally

Higher yields are reshaping borrowing costs across major economies, affecting government finances, mortgages, loans, companies and financial markets

The decline was partly due to the month having one fewer day

The bank is also considering absorbing part of the charge for merchants where it acts as the acquiring bank.

The 10-year benchmark bond marks the first drawdown under NaBFIDs $4 billion Global Medium-Term Note programme for infrastructure financing

The launches come as ACKO reported operating revenue of 2,837 crore in FY25, up 35% year-on-year, while narrowing net losses by 37%

The new initiative is expected to widen pension coverage across tier 2 and tier 3 cities and encourage informal-sector participation.

Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is combined with a dollar-rupee cross-currency swap

Saluja seeks more time as SEBIs UPSI case hinges on open-offer timing; next SAT hearing set for October 9 after May ruling on disgorgement and penalties

Collaboration designed to support small and medium-sized manufacturers, job shops, and industrial enterprises

The appointment follows Rakesh Kumar Rajputcompleting his three year tenure as the Chief Compliance Officer of the Bankon September 30, 2026

Saha joined Kotak Mahindra Bank in January 2026 and currently oversees the retail banking, data analytics and marketing functions

The one-year median MCLR also declined in September, while external benchmark-linked loans gained share among outstanding floating-rate rupee loans.

Bank advances against fixed deposits grew faster than overall credit, while foreign-currency deposit and borrowing inflows crossed $143 billion by September 18.

Mahesh Pai brings nearly three decades of experience across various facets of universal banking

The debt issue attracted major investors including ICICI Prudential Mutual Fund, SBI Pension Fund and ICICI Prudential Life Insurance.

The bank said it has adequate grounds to contest the matter, citing favourable GST orders on an identical issue in earlier years

Customers can make payments across merchants using their iPhone, Apple Watch and iPad, with support for Mac coming soon

ADBs validation report says that while the loan-supported programme was successful, MSEDCLs deteriorating financial health could mean that the gains from the programme may not be sustained

It urged IRDAI to retain the 2023 expense-of-management framework, with tighter computation rules

The networks expansion deepens financial access across villages, supporting women-led enterprises, rural livelihoods and small businesses in multiple states

RBI support and easing crude oil prices stabilise the market

All plans include unlimited teleconsultations and a yearly gym membership for members above 18 years of age, covering gym, aerobics, Pilates, calisthenics, yoga and Zumba through network providers