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The Hindu Businessline

Personal Finance / The Hindu Businessline

SBI to consider $2 billion foreign currency bond issue on May 12

According to a regulatory filing, the bank is considering fundraising through Reg-S/144A instruments in single or multiple tranches via public offer or private placement

7 May 2026 10:46 pm
Bulk depositors cash in on banks need to raise resources to meet credit demand

Credit growth (year-on-year) of all scheduled banks at 14.88% as on April 15 was 276 basis points, higher than the deposit growth of 14.88%, per RBIs latest data

7 May 2026 10:02 pm
Muthoot Microfin eyes 30K cr AUM by 2030

Muthoot Microfin Ltd (MML) expects to grow its assets under management (AUM) to 30,000 crore by 2030 by increasing wallet share in existing matured customer base and acquiring new customers from open market

7 May 2026 9:16 pm
SBI expected to post a modest growth in Q4 profit

Broking firms see flat net interest margin

7 May 2026 9:11 pm
Prudent Corporate Advisory Services logs 14% rise in profit in Q4

Revenue up 27% to 361 crore; equity AUM grows 16% y-o-y despite Nifty correction; dividend of 3.50 per share declared

7 May 2026 8:38 pm
InMobi acquires MobileAction to deepen capabilities in Apples advertising ecosystem

The acquisition gives InMobi Advertising access to MobileActions data infrastructure

7 May 2026 8:23 pm
Manappuram Finance makes four senior leadership appointments

Move to enhance business, taxation, finance and technology functions

7 May 2026 8:14 pm
Karur Vysya Bank Q4 net up 41% on core and other income growth

Net interest income grew 25% YoY to 1,359 crore

7 May 2026 8:10 pm
Banks must tighten cyber security and operational resilience to prepare for threats posed by AI models like Mythos: Nagaraju

Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, he said

7 May 2026 8:03 pm
Bajaj Finserv Health appoints Deepak Matai as CEO

Matai brings over 25 years of leadership experience across financial services, insurance and consumer businesses, Bajaj Finserv

7 May 2026 6:35 pm
Aptus Value Housing Finance Q4 profit up 26% to 261-cr

Total income rose 19% to 594 crore during the January-March quarter of 2026 from 499 crore in Q4FY25

7 May 2026 5:05 pm
RBI to facilitate underwriting auction for government securities for 34,000 crore on May 8

The auction will focus on a new issuance designated as New GS 2036; Primary Dealers will bid electronically through the e-Kuber platform

7 May 2026 3:15 pm
RBI allows Kotak Bank to hike stake to 9.99% each in AU Small Finance, Federal Bank

On Thursday, AU Small Finance Bank and Federal Bank announced they received approval from the Reserve Bank of India on May 6

7 May 2026 2:55 pm
BlackRock to invest in Indias Shapoorji Pallonji unit dollar debt, sources say

The asset manager is considering an initial investment of $100 million to $200 million in the bond issue via an Asia-focused fund, a move likely to reassure other investors, the first source said

7 May 2026 1:37 pm
J-K: Chargesheet against 11 in HDFC Bank fraud case in Shopian

The case, registered under the relevant provisions of the BNS and the IT Act, pertains to alleged financial irregularities at the Shopian branch of the bank

7 May 2026 1:15 pm
Banks well-placedto transition to expected credit loss provisioning: Fitch

The ratings agency expects the banking systems average common equity tier 1 (CET1) to decrease by 30 basis points in the financial year 2027-28.

7 May 2026 10:15 am
RBI overhauls authorisation, renewal framework for authorised dealers

A FxC can purchase foreign currency notes/coins and travellers cheques; sell foreign currency notes/coins and travellers cheques for foreign travel purposes; and function as Money Transfer Service Scheme sub-agent in accordance with the guidelines on Money Transfer Service Scheme (MTSS).

6 May 2026 9:35 pm
ECLGS 5.0 could potentially benefit about 1.1 crore MSMEs: SBI report

Indian Banks Managing Director Binod Kumar sees an additional credit flow potential of between 12,000 crore and 15,000 crore under the ECLGS scheme

6 May 2026 8:34 pm
South Indian Bank post 19% rise in net profit at 408 crore in Q4 FY26

The net profit for the whole FY26 was 1,455.14 crore, registering a growth of 12% compared to 1,302.88 crore in FY25

6 May 2026 5:34 pm
J&K Bank posts record annual profit of 2,363 crore in FY26

Net profit rises 13%, marking fourth consecutive year of record earnings

6 May 2026 4:15 pm
Review of India's HDFC Bank finds no major governance concerns after chairman exit, sources say

The resignation was followed by a 13.81% drop in the bank's share price

6 May 2026 3:24 pm
SEBI classifies significant indices based on 20,000-cr AUM threshold

In its circular on Tuesday, the regulator said the threshold will be assessed for half-yearly periods ending on June 30 and December 31

6 May 2026 3:24 pm
PNB allocates up to 8,000 crore for cybersecurity, ramps up tech procurement

The bank is also fast-tracking procurement of security tools and has moved to 24/7 audits to detect vulnerabilities quickly

6 May 2026 11:24 am
Dealing with immovable assets acquired as part of recovery: RBI proposes maximum 7-year holding period

To mitigate moral hazard, REs shall be prohibited from selling the SNFA back to the borrower or to any related party of the borrower. They will also be required to disclose the stock of SNFAs held by them in their balance sheet

5 May 2026 9:43 pm
Manappuram Finance post 405 crore PAT in Q4

The assets under management grew 22.4 per cent to 63,798 crore

5 May 2026 6:25 pm
Cholamandalam Investment and Finance Company sees 20-23% AUM growth in FY27

Disbursements grow by 25 per cent YoY in the March quarter

5 May 2026 6:24 pm
RBI mulls sale of foreign bonds by state-owned lenders

Plan aims to attract capital inflows amid persistent currency pressure

5 May 2026 4:33 pm
Discerning among retail investors chase higher returns on RBIs Retail Direct platform

The total number of accounts opened on the central banks retail direct portal jumped about 54% y-o-y to 3,61,402 as on April 27, 2026

5 May 2026 3:13 pm
Individual investors, HNI holdings in equity fall to 5-year low

As they take MF route to tap the equity market

5 May 2026 2:53 pm
Punjab National Bank Q4 results: Net profit up 14%, NPAs fall to multi-year low

Despite a 3.5% drop in net interest income to 10,380 crore, the bank managed to post stronger bottom-line growth, aided by lower provisioning requirements.

5 May 2026 1:43 pm
Tax benefit removal under new tax regime hits life insurance sales: Deepak Parekh

The change is linked to the introduction and expansion of the new tax regime, which became the default option from April 1, 2023

5 May 2026 1:23 pm
5 May 2026 1:23 pm
5 May 2026 11:53 am
Berkshire taps Charlie Shamieh to succeed Ajit Jain as insurance chief, WSJ reports

Jain has led the division for decades and is widely credited with shaping its global reinsurance strategy

5 May 2026 8:43 am
Aditya Birla Capital reports 31% increase in Q4FY26 consolidated net profit at 1,129 crore

The consolidated results include the results of 16 entities such as Aditya Birla Housing Finance, Aditya Birla Sun Life Insurance, Aditya Birla Sun Life AMC and Aditya Birla Health Insurance within the ABCL fold

4 May 2026 9:52 pm
CSB Bank reports 6% increase in Q4 FY26 net profit at 202 crore

Pralay Mondal, MD & CEO, attributed the de-growth in retail loans to re-classification of loans against security, where the collateral was gold, and decline in unsecured loans, among others

4 May 2026 9:14 pm
RBI cautions members of the public against false and misleading campaigns promising loan waivers

Such campaigns not only mislead the general public but also interfere with the orderly functioning of the credit system of the country, according to a central bank statement.

4 May 2026 9:12 pm
Newly appointed DG Rohit Jain given charge of 10 RBI Depts

The new DG has been appointed by the government for a period of three years or until further orders, whichever is earlier

4 May 2026 9:12 pm
Bitcoin crosses $80K for first time in 3 months; sentiment turns risk-on

Total market capitalisation rises to nearly $2.64 trillion

4 May 2026 7:02 pm
Banks, insurers unlikely to enter commodity derivatives segment now: SEBI Chief

Speaking on the sidelines of the IMC Capital Markets Conference at the NSE, Pandey said both regulators have a valid rationale for not being favourably inclined towards the segment

4 May 2026 6:41 pm
RBI explores steps to mobilise dollar inflows as rupee slides, sources say

The rupee has slumped 5.5% this year, sliding to an all-time low of 95.33 per dollar last Thursday

4 May 2026 2:02 pm
Bitcoin surpasses $80,000 as Asian stocks near record highs

The original cryptocurrency climbed as much as 1.9% Monday morning in Singapore to $80,393, its highest level since Jan. 31

4 May 2026 9:33 am
Punjab & Sind Bank aims to cross total business milestone of 3 lakh crore in FY27

The bank is expecting a credit growth of 16-18% and deposit expansion of 13-14% in the ongoing financial year, says Punjab & Sind Bank MD and CEO Swarup Kumar Saha

3 May 2026 2:41 pm
Public sector banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos

Mythos' advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns that it could be used to disrupt banking systems

3 May 2026 12:21 pm
Kotak Mahindra Bank skipped IDBI Bank bid over high valuation, open to revisit

The earlier stake sale was called off after bids fell short of government expectations, even as foreign investor interest in Indian financial institutions continues to rise

2 May 2026 9:11 pm
Kotak Mahindra Banks Q4FY26 standalone net up 13% to 4,027 cr

Indias fourth largest private sector bank had clocked a net profit of Rs 3,552 crore in the year ago quarter

2 May 2026 9:11 pm
FinMin notifies 100% FDI in insurance; LIC cap stays at 20%

The move follows recent amendments to insurance laws aimed at boosting investment and expanding the sector

2 May 2026 7:20 pm