The Hindu Businessline

Net interest margin on a global basis held at 3.00 per cent compared with 2.90 per cent in the year-ago period

The gross disbursals increased 27 per cent% to 24,027 crore on a year-on-year basis but stayed flat sequentially

All scheduled banks reported deposit and advances grew9.93 per cent y-o-y and 11.27 per cent y-o-y

Liability may exceed 13,000 crore; shares plunge 14.43 per cent

The life insurer had registered a net profit of 447.15 crore for the second quarter of last fiscal year, and its net premium income increased to 21,727.37 crore in Q2FY27 from 18,777 crore in Q2FY26

The banks global business grew 15.88 per cent year-on-year to 30.72 lakh crore

The decision comes amid open-market alternatives for minority stake sales and follows a Supreme Court ruling on Hindustan Zinc that influenced the ROFR discussion.

The regulator says proposals to overhaul the insurance sector are intended to improve the system while creating opportunities for businesses and policyholders

Net interest margin for Q2FY27 stands at 4.3 per cent as compared to 4.2 per cent for the corresponding quarter of the previous year

Total deposits increased by 12.5% YoY and reached 8,74,036 Cr as of September 2026

The new offerings span online trading, mobile banking, digital collections, AI-enabled customer outreach and dedicated credit support for startups

The move, which widens the rate gap between regular and senior accounts, aims to attract more funds amid shifting market rates

Credit demand remained firm across agriculture, industry, services and personal loans, according to the latest RBI sectoral data

The panel is currently preparing its report for submission to the Speaker of the Lok Sabha

Speaking at the Kautilya Economic Conclave, he outlined five policy priorities, stressing that financial stability should strengthen the systems ability to withstand and contain shocks

The company currently has over 78,000 women advisors, who constitute around 32% of its total advisor base but contribute approximately 45 per cent of its agency business, as of September 30, 2026

Shares of Yes Bank fell 13% on Thursday after the news.

The banks gross NPAs moderated to 1.61% of gross advances at the end of September 2026 compared to 2.6% a year ago.

The interest suggests robust appetite for financial services assets as the population of wealthy citizens expands and earnings of the middle class rise

Despite the price gains, selling pressure remained firm, with 66.35% of traded volume on the sell side

The RBI can raise its emergency lending rate for banks, making funds more expensive and tightening liquidity to support the rupee

Shares of IDBI Bank surged 9 per cent before the announcement on Wednesday, adding Rs 8,086 crore to its market valuation.

The Indian currency opened stronger, below the 95 level, on Thursday at 94.91 per US Dollar, up 24 paise against the previous close of 95.15. The Rupee is currently trading at 94.9325.

Q2 Results Today, 15th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates

This mop up will provide relief to government finances at a time when collections from excise are set to be down while expenditure on subsidy and on other welfare scheme is set to go up

This share stayed at around 36% to 38% between June 2022 to June 2025, making this the most significant increase in five years

The Forum seeks suspension offurther steps towards transferring ownership and management control of IDBI Bank to the foreign entity

The government is offloading 30.48 per cent of its stake and expected to get over 26,500 crore, while LIC to sell 30.24 per cent and likely to get over 26,300 crore

The Cabinet Committee on Economic Affairs (CCEA) approves 10955230 Canada Inc. as the strategic buyer in the restructuring of IDBI Bank

After years under the RBIs Prompt Corrective Action framework, the bank posted a record net profit of 9,513 crore in FY26; total business crossed 6,27,149 crore as of September 30, 2026, up 18%

During the period under review, the gross premium written grew 9.11% y-o-y at 7,702.09 crore compared with 7,058.86 crore for the corresponding period last fiscal

Government Securities yields rose, tracking pricey crude oil prices amid step up in attacks by Yemen-based Houthi rebels on Saudi Arabias energy infrastructure.

Despite a substantial cash inflow and a residual 19 per cent stake in IDBI Bank, the transaction is unlikely to materially alter LICs valuation, analysts say

The banks global business grew 15.88 per cent year-on-year to 30.72 lakh crore as of September 30, 2026, driven by a 19.46% increase in global advances to 13.75 lakh crore

The successful bidder will be required to present its credentials to the Reserve Bank of India in accordance with the Fit and Proper Assessment conducted at the EoI stage

Funds raised via theaforementioned issuance are aimed atcreatingsustainable overseas employment opportunities for 600 rural youth belonging to OBC in Madhya Pradesh

Her five-day itinerary includes discussions with global finance leaders, bilateral meetings with counterparts and sessions on infrastructure investment and economic reforms

Treasury officials expect further monetary tightening as the RBIs hawkish signals push up short-term borrowing costs and government bond yields

Gross NPAs moderated to 1.33% of gross advances at the end of September 2026 as against 2.35% by the year-ago period.

Shetty has filed a $15-billion suit against BoBand 25 other defendants, accusing the bank of facilitating corporate fraud linked to the collapse of NMC and UAE Exchange groups

On Tuesday, the rupee ended at a five-week high, gaining 49 paise to close at 95.28 per US dollar

The company said H1-FY27 was marked by a challenging macro environment

The banking system had a surplus liquidity of 3,35,901 crore as of October 12

The average PV loan amount growingby 49%to 8.2 lakhand the average loan tenure increasingby five months to 62 monthsbetween the first half (HI) of 2019 and H1 of 2026

The decision follows industry opposition and a legal challenge, with the Supreme Court seeking explanations from NPCI, RBI and the Centre

NBFCs continue to lead vehicle financing, accounting for 73% of two-wheeler loans and 37% of passenger vehicle loans

Transaction marks first Credendo-insured aviation financing globally and first ECA-backed deal through GIFT IFSC structure

The 0.4% charge for merchants on transactions exceeding 2,000 was scheduled to take effect on October 15

Funding in the first nine months of 2025 stood at $1.9 billion