The Hindu Businessline

Fund house declares dividend of 9.50 a share

Liquidity surplus in the banking system has shrunk to 542 crore as of October 21, 2026, down from 4,86,904 crore as of September 30, 2026.

Nabard fully subscribed to NSDCsmaiden issuance of ZCZP instruments aggregating 4 crore.

Net profit stood at 424.18 crore in the April-June quarter and 494.11 crore in the year-earlier period

Nippon Life AMC said any money recovered following the court ruling would go to investors in the relevant mutual fund schemes and would not affect the companys financial results

Earnings growth and asset quality gains drive profit; other income more than doubles y-o-y

The growth was led by Parcel, which was up 71%

Following the strategic restructuring, the responsibility to run the bank and infuse capital whenever required would rest with the strategic buyer, he told PTI

The London-based bank is simplifying its organisation and improving operational efficiency as it seeks to create capacity for investment

UBS boosted its stake in Indias 360 ONE WAM by about 4.8% after converting warrants and paying the exercise price, expanding its wealth management tie-up

Veteran ICICI Group executive Anup Bagchi is set to assume the role of chief executive on October 27, inheriting a bank navigating multiple leadership upheavals simultaneously

Rising inflation across goods and services, coupled with global interest-rate pressures, could shape the Reserve Bank of Indias next policy decisions

Policymakers remain divided over the pace of monetary tightening as rising consumer prices, currency weakness and supply-side risks complicate the outlook

RBI Governor Sanjay Malhotra had indicated in the October MPC minutes that future policy decisions would involve either a rate hike or a pause, depending on how inflation and economic growth evolve

This marks the first time since late March that an entire sale of treasury bills was cancelled

Benchmark 6.94% 2036 bond yield may trade between 7.40% and 7.47%, trader at a primary dealership says

Revenue rose 5% to 484 crore (vs 461 crore), while other income declined to 42 crore (from 45 crore)

The central bank received bids worth 93,241 crore against the notified amount of 50,000 crore and accepted bids worth 50,007 crore

Motor, health and commercial lines drive growth, while disciplined underwriting supports profitability, says Gopal Balachandran

The company has appointed Amit Golia as Managing Director and Chief Executive Officer to lead the venture

The rating actions cover the lenders debt instruments and bank facilities, citing stronger capitalisation, diversified funding and improved collections.

The ongoing investigation comes amid leadership changes, internal divisions and heightened scrutiny of governance at the lender ahead of a chief executive transition

At current levels, HDFC Bank trades at a trailing P/E of 13.71 a significant discount to its historical valuations leaving analysts divided on whether the worst of the re-rating is behind the stock

During the preliminary analysis, 3,897 customer records containing Personally Identifiable Information have been identified, per an exchange filing by the SBI

3,897 SBI customer records exposed to cyberattack

Elevated gold prices and tighter unsecured lending are accelerating growth in gold loans

The outstanding size of the existing 6.94 GS 2036 hasalreadyreached 2.38 lakh croreand it is likely the Ggovernment may issue a new 10-year G-Sec soonK Ram Kumar

The conflict has highlighted the world's heavy reliance on the strategic waterway, through which a fifth of global oil and LNG trade previously passed

The notifications cover rupee-denominated bonds issued by the multilateral lender and tax relief procedures for eligible overseas investors in government securities

Bajaj Finance Q2 FY27 consolidated net profit rises to 6,367 crore

TCS to help Indian Bank modernise its overseas treasury operations across money markets, investment management, and foreign exchange

RBI last conducted a VRR auction to push liquidity into the banking system on July 29, 2026

The campaign centres on a film in which Shahid Kapoor uses an Axis Bank Visa Credit Card to fulfil a young girls wishes through a magical dollhouse

NII grows 20% y-o-y as provisions nearly halve and asset quality improves in September quarter

JPM Coin, which represents US dollar deposits at the largest US bank, will be made available to the companys institutional clients on the Ethereum network

Union Bank of India reports a robust 19% growth in advances; deposit growth at 7%

Existing Share.Market users will retain their demat holdings, balances, watchlists, order history and login credentials

Interest income for Q2FY27 stood at 28,158 crore, up 4.24% year-on-year on a half-yearly basis, while net interest income rose 15.03% to 20,620 crore for the first half

Since it is the President who holds equity shares in CPSEs on behalf of the people, I seek your intervention in directing the government to review disinvestment, Sarma said in the letter

The original cryptocurrency climbed as much as 2.4% and was hovering around $82,600 in early London trading

PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem

Rural credit trails overall loan growth at several banks in September quarter

Ashok Chandra, MD and CEO of Punjab National Bank, has stated that festive demand has significantly driven credit growth

The United Forum of IDBI Officers and Employees threatened to intensify agitation programmes with prolonged action, including indefinite strike without further notice, if demands are not met

SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.

Net interest income rises 10% y-o-y to 34,619 crore

Net interest income grows 22% to 1,162 crore

Higher interest income and expansion in lending supported earnings, while the cost of FCNR(B) inflows contributed to pressure on margins

Bharuchais HDFC Banks longest serving board member, having joined itin 2014

Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates