The Hindu Businessline

This is the first Tier I bonds issuance in the ongoing financial year and the paper carries a coupon rate of 7.75%

Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline

Rating reflects diversified lending book; Q1 net profit doubles to 353 crore on strong AUM growth

These banks are offering interest rates 150 bps higher than large lenders

Once the Yogloans acquisition is complete, over the next two and a half to three years, TCL expects to add close to about 500 plus branches and with a portfolio of approximately 4,000 to 5,000 crores

To enhance customer centricity and promote inclusive banking, PSBs have reviewed their service charge structures.

Gross advances of PSBs grew by 15.7 per cent to 127 lakh crore as on March 31, 2026

Were on track for 20% business growth in FY27, says CEO Vijay Anandh

Gross advances grow 27%, led by gold and microfinance loans

The Board also approved fundraising aggregating to around Rs 55,000 crore by way of issue of Non-Convertible Debentures (NCDs)

The High Court has appointed an official liquidator to oversee the winding up of Paytm Payments Bank following the RBIs decision to revoke its banking licence over regulatory violations.

RBI-appointed liquidator Girikumar M Nair to take charge after licence cancellation in April

We are also consciously growing our retail, agriculture and MSME portfolio, says Brajesh Kumar Singh

With this, the shareholding of TVS Motor in TVS Credit will increase from 80.76 per cent to 85.15 per cent

The rupee was up 0.3% on the day at 95.6425 per dollar, hovering around its strongest levels in two weeks

HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard Chartered

Q1 Results Today, 28th July 2026 Live Updates: Stay tuned for more from businessline

Indias traditional bank-led financing model is insufficient to fund Viksit Bharats long-term growth ambitions, RBI Deputy Governor Rohit Jain said in Mumbai.

This decision, made on July 23, 2026, came after a special committee found their actions to be business overreach rather than outright wrongdoing

Surge in retail loans and healthy growth in agri loans boost growth in advances

The state-owned lenders net interest income rose 13.39 per cent to 10,215 crore, while total income climbed 4.26 per cent to 39,684 crore.

Alleged data leak claims surface online, where the hacker shared screenshots that supposedly reveal personal and corporate banking info, including loan details and customer records

The leaked data includes customer details, identification documents, loan papers and internal audit records

The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.5% of gross advances at the end of the June quarter, from 2.69% a year ago.

SBIs ERD expects $80-$85 billion to flow into the country, including OFCB and ECB, up from an earlier estimate of $55-65 billion

The platform leverages automated underwriting, analytics and real-time data integration to enhance operational efficiency, risk management and customer experience

Amid fluctuating investor sentiment over Fed rate hikes and legislative uncertainties, Bitcoin ETFs face significant withdrawals, highlighting the fragility of recent crypto gains

Q1 Results Today, 27th July 2026 Live Updates: Follow businessline for more Q1FY27 updates

The company plans to raise 5,000 crore ($517.80 million) through bonds maturing in 2.5, 3.5, and 5 years

We will do whatever is required first to maintain price stability and then to see to what extent we can support growth, says RBI Governor Sanjay Malhotra

Measures led to $32 billion inflows, largely through FCNR(B), says RBI Governor

The entire EPF auto refund process is expected to get ready by August end

Move follows Parliamentary Standing Committee on Finances call for a statutory and regulatory framework for VDAs

PNB MD Ashok Chandra says the lender will build on its 5,000 crore-plus quarterly profit run while expanding retail, MSME and agri lending.

Net interest margin (NIM) rose to 5.9 per cent in Q1FY27 from 5.4 per cent in the year ago quarter

In the reporting quarter, the Bank recorded a 21 per cent growth in net interest income at Rs 5,972 crore (Rs 4,933 crore in the year ago period)

The bank currently has a workforce of more than 2,45,000 employees

WestBridge is reported to have spoken with financial advisers to evaluate a sale of its 40% stake in the insurance company

Following the transaction, Bank of Baroda will retain a 65% stake in IndiaFirst Life, while BNP Paribas Cardif will hold around 26%.

These regulatory bodies will operate under regulatory oversight until the government introduces a comprehensive framework

Net interest margin (NIM) was a shade lower at 2.52 per cent against 2.55 per cent in the year ago period

Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates

Retail policy market to be strategic focus for company going ahead, says ManipalCigna Health MD & CEO Joydeep Saha

While the government acknowledged that insurers consider clinical assessments among other factors, it emphasised that claims are ultimately decided according to policy conditions

Excluding the aforementioned impact of 5,680 crore, the public sector banks net profit would have been 5,528 crore

The sharpest growth came from the protection segment, where new business premium more than doubled to 1,960 crore

The Latest Home Loan Interest Rates: Jul 24, 2026

The Latest Fixed Deposit Interest Rates: Jul 24, 2026

During the quarter, MUFG Bank, the Japanese banking giant and subsidiary of Mitsubishi UFJ Financial Group, completed its acquisition of a 20 per cent equity stake in Shriram Finance

Paytms Q1 FY27 revenue reached 24.5 billion, a 28% year-on-year and 8% sequential increase; Net profit rose 79% year-on-year to 2.2 billion