The Hindu Businessline

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

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

Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates

The app likely to be launched in 6-12 months

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

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

Rate hikes may weigh on discretionary consumption demand, says Chairman

Lender eyes $500 million ECB funding by December

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

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

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

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

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

Q2 Results Today, 26th October 2026 Live Updates: Stay tuned to businessline for more Q2 updates

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

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

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

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

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.

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

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

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)

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

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

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

Q2 Results Today, 24th October 2026: Follow the latest announcements and developments on the September quarter earnings, key companies in focus today include Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Technologies, Castrol India, Kajaria Ceramics and Bharat Coking Coal

DIPAM secretary Arunish Chawla said the share purchase agreement protects existing employees against changes to their disadvantage following the proposed sale

The central bank also clarifies that operational risk losses used for calculating the Internal Loss Multiplier (ILM) will be considered net of recoveries.

Income was down marginally at 415 crore (419 crore)

Report also highlights continued dependence of NBFCs on external borrowing

Leverage ratiois defined as a banks capital measure (numerator)divided by its total exposure measure (denominator), expressed as a percentage.

Reddy to take over as Managing Director and Chief Executive Officer from April 1, 2027; Tapan Singhel to continue until March 31

Ecowrap questions 2.5 lakh crore VRR auctions amid efforts to absorb liquidity and signal tight money regime

With no written clarification from the central bank, AD banks have adopted conflicting interpretations, and most are yet to release the mandated SOPs.

Net interest income (interest income less interest expended) was up 18.50 per cent y-o-y to Rs 7,007 crore (Rs 5,912 crore in Q2FY26)

FM urges the regulators and stakeholders concerned to expedite the process of refund of unclaimed assets

The banks advances grew 22.1 per cent to 42,383 crore in Q2FY27 as against 34712 crore in the same quarter last fiscal

Outward remittances by Indians under the Liberalised Remittance Scheme (LRS) reached $2738.58 million in August 2026, a 3.6 per cent growth YoY and 6 per cent up from July

The bank faired better in terms of other income which includes treasury incomes

Mahindra Finance says tractor demand weakened more than other vehicle categories during early Navratri business. Despite stronger passenger vehicle financing and record asset quality in the September quarter, drought conditions across 282 districts and approaching farm repayments pose risks to second-half growth.

The Latest Fixed Deposit Interest Rates: Oct 23, 2026

The Latest Home Loan Interest Rates: Oct 23, 2026

Average AUM rises 10% to 13.14 lakh crore; equity assets up 11% y-o-y

Strong retail health demand and motor OD gains offset by crop and fire declines; pricing pressures persist in motor segment

The company has steadily tightened credit underwriting over the last few quarters to tackle asset quality stress and higher delinquencies in credit cards

A detailed assessment is currently underway and appropriate remedial and preventive measures are being implemented as required, the bank said

The non-banking lender will explore expansion options as its combined assets under management reach 853 crore following a recent acquisition

Despite the recent setbacks, HDFC Bank stocks near-term focus now shifts as the new chief executive, Anup Bagchi succeeds Sashidhar Jagdishan on Monday, October 27

Indian sovereign bond yields have climbed amid monetary policy concerns and oil price risks, while investors assess currency and hedging costs