The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
The lenders latest move follows a contempt petition by bondholders seeking a concrete roadmap to restore the written-off bonds
Plans to expand luxury lifestyle brand by tapping its 1 lakh crore wealth management franchise and expanding into new cities
While the companys revenue from operations was up 25% to 538 crore (431 crore in Q2FY26), other income was down 30% yoy at 6 crore (9 crore)
The turnaround came despite a wider current account deficit, as strong capital inflows more than offset pressures from external borrowings
Rupee weakens against dollar amid higher crude oil prices
Total income increases 37% to 2,602 crore; Nido Home Finance sale contributes 386-crore post-tax gain
The appointment, which is at the extant remuneration, is subject to approval of the shareholders, the bank said in a regulatory filing
The approval comes more than two years after the RBI barred Paytm Payments Bank from accepting fresh deposits and wallet top-ups
Singh will take over the reins from Ketan Merchant who has been heading FPB as interim CEO since February 2026
Benchmark 10-year yield rises 5 bps to 7.30%; markets expect RBI to hike repo rate by 25 bps to 5.75%
Headline CPI rises to 6.1% y-o-y in October; RBI may consider another rate hike if inflation pressures persist despite expected normalisation
Amid increased scrutiny over rising medical inflation, Star Health CEO calls for greater regulatory oversight of the healthcare sector
The additional investment follows the banks board approval in September and the Reserve Bank of Indias permission received in October 2026
Public sector borrowers accounted for a sizeable share of overseas fundraising, while private companies also tapped foreign lenders for large sums
Bitcoin falls as much as 1.4% as other cryptocurrencies also weaken along with US stock futures
The proposed integration aims to leverage the lenders customer base to cross-sell financial products and compete with established banking groups.
Aditya Birla Capitals Gold Loan business reported an AUM of 200 crore as of September 30, 2026
The central bank is concerned about contagion effects if PE firm is under stress, sources say; smaller stakes of 15% or less will be encouraged.
Godrej Industries will retain about 80% ownership following the deal.
General customers, including NRO and NRE account holders, will earn 6.85% per annum on callable deposits and 6.90% on non-callable deposits
Three-year deal through TIML renames the station AU Bank Bandra Colony and carries the banks branding at key commuter touchpoints
The widely tracked 10-year benchmark G-Sec (6.94% GS 2036) is currently trading at 7.22% against the previous close of 7.21%
Q2 Results Today, 12th November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.
The revised directions prescribe transaction limits, customer verification and authentication requirements while mandating safeguards to monitor unusual fund transfers
Q2 Results Today, 11th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.
Strong group insurance collections and higher premiums from major insurers lifted industry performance, despite a decline in the number of policies issued.
Kumar brings over 25 years of experience across financial services, business development, product strategy and distribution
Strong foreign portfolio inflows and softer crude oil prices lifted the domestic currency, even as bond yields rose tracking US Treasury yields
TMB marks 105 years, looks to deepen its banking legacy
Dhanlaxmi Banks centenary festivities begin November 14, spotlighting historic profits, business expansion, and fresh support for student education
Collaboration aims to integrate digital identity and KYC infrastructure into Indias credit lending ecosystem
The 444-day non-callable term deposit, available for deposits above 1 crore, will now earn 6.85% per annum, up 10 basis points from 6.75%
Aggarwal says, Health portfolio is the largest portfolio among the industry, and we are aiming that we will write around maybe 100 crore in individual policies over a period of two years.
With potential agricultural production losses estimated at 3.86 crore tonnes, SBIs Economic Research Department suggests that states approach banks for loan restructuring, with governments sharing part of the cost.
Public sector banks reported a 20% y-o-y rise in profit to 59,366 crore, marginally ahead of major private banks, which posted 19.8% growth to 53,629 crore.
Bank reaffirms universal bank transition plan in three years; loans grow 23.4% y-o-y to 9,755 crore as of September 2026 with strong capital ratios
Q2 Results Today, 11th November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.
The move underscores Bajaj Finservs 51.3% stake in BFL and marks a strategic capital infusion and potential equity dilution as the warrants convert
Q2 Results Today, 10th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.
Operating expense and taxoutgo dropped 23% yoy (to 27 crore) and 16% yoy (to 135 crore), respectively and provisions (Other Than Tax & Contingencies)rose 170% yoy to 27 crore
IIFL Finance said funds managed by Blackstone Private Equity, which is the worlds largest alternative asset manager,will invest 5,000 crores ($535 million) through a preferential allotment of compulsorily convertible preference shares (CCPS)
The digital payments platform also recorded 975.8 million transactions on the day before Diwali, with October seeing a monthly record
Bajaj Finance approves issuing 5.74 crore warrants to promoter Bajaj Finserv for 5,799 crore in New Delhi, convertible into shares
The brokerage expects bank credit growth to ease to 14-16 per cent by March 2027 and around 13 per cent by March 2028.
Q2 Results Today, 10th November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.
The central banks decision follows concerns over governance standards that prompted it to take control of the Mumbai-based lender in November 2023
Tax take from VDA income in FY25 crossed 585 crore as authorities keep an eye on dormant bank accounts and PAN use to curb shady moves
Banks widely sell bond forwards to insurers, which use them to lock in future bond prices and protect against swings in interest rates
ADB released $21.6 million to the Union Ministry of Finance on October 29 after Mizoram achieved two Disbursement Linked Indicators (DLIs) under the programme

21 C