Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
A bank or an insurer needs three things: an identity, a value and a history. Until recently, a cow, buffalo, camel – or almost any animal that forms part of Indias rural economy – had none of these. India has fixed the first problem. More than 36 crore animal…

Bank unions (UFBU) plan a 3-day strike (Sept 28-30) demanding a five-day banking week and pension reforms. Banks will stay open on Sept 27 (Sunday) to offset disruption. Strike coincides with half-yearly closing on Sept 30, a key date for provisioning and tre…
Bank Strike: The RBI has allowed all bank branches, offices, ATM-linked branches and currency chests to remain open on September 27 to avoid a possible five-day disruption
Cash-flow-based lending will become increasingly important for financing new-age industries like data centres, solar manufacturing and technology-driven businesses, a senior bank official said on Friday. Banks need to develop new lending models, as emerging b…
As new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absent, banks such as the State Bank of India are actively researching this funding model. To extend financing effectively, a…

Public sector bank services may be impacted by the September 11 strike as unions press for five-day banking, pension updates and other pending demands.

SBI's Chairman Setty anticipates a 3-4 month timeline for deploying surplus FCNR(B) liquidity amid robust credit demand.
India's next stock-market winners? PL Wealth picks banks, capex and consumption

Driven by tighter corporate debt supply and flexible pricing from non-banks, debt resolution firms are taking on larger volumes of small-ticket retail loans to free up lender capital.
City Union Bank Q1 FY27 net profit rises 25% to Rs 383 crore; NII up 32%, deposits up 21%, advances up 25%, with GNPA down to 1.73% and NNPA to 0.61%.
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


Rajiv Kumar, who is a former chief election commissioner and financial services secretary, will succeed interim chairman Keki Mistry.
India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector conso…

Deepak Parekh emphasizes the need for bold banking reforms to support India's growing economy and enhance governance for future growth.
HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The bank's board approved his appointment as an Additional (Independent) Director for four years, effective June 30, 2026. Kum…

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims to bolster the bank's capital position and support business growth. Funds will be raised via various debt instruments fro…
The Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies. It also reduced banking sector non-performing assets significantly. Recoveries through IBC have improved, boosting inv…
Thirty Nifty 50 stocks have wiped out Rs 22.64 lakh crore in investor wealth this year. HDFC Bank and TCS led the decline, losing Rs 3.55 lakh crore and Rs 3.17 lakh crore respectively. Banking, IT, auto, and consumption sectors faced selling pressure. Expert…
The Reserve Bank of India warns of global economic dangers from oil prices, debt, and market stress. However, India shows strength in growth, inflation control, and its banking sector. The nation remains a fast-growing economy. Strong domestic demand and gove…
Amid AI job cuts, HSBC's CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking sector.