Inside the RBL BankEmirates NBD Deal: All you need to know

In what is India's biggest FDI deal, Dubai-based Emirates NBD will acquire a 60% stake in Kolhapur-headquartered RBL Bank, making it the UAE lender'...

AI won't trigger layoffs; will shift people from backend to frontlines, says HDFC Bank CEO

HDFC Bank is investing heavily in technology and running lighthouse experiments around generative AI to re-engineer processes and enhance customer exp...

IndusInd Bank's ₹872Cr Q2 provisioning purely for MFI clean-up; to rebuild book from FY27

IndusInd Bank's provisions for Q2 FY26 rose to Rs 2,631crore from Rs 1,760crore in Q1, with the Rs 872crore increase purely reflecting the m...

Life insurers see strong customer demand after GST exemption, offset ITC loss through cost control

HDFC Life expects a reduction of about 0.5 per cent, or roughly Rs 260 crore, while ICICI Prudential Life estimates a 1 per cent hit. Both insurers ar...

State of the economy: How macroeconomic indicators performed in September 2025?

GST 2.0 rollout, easing inflation, and resilient credit growth highlighted September 2025, even as UPI transactions, employment, and PMI signaled mixe...

Private banks report mixed results as new CEOs clean up

IndusInd Bank and Federal Bank, both navigating transitions under new MDs, did not post year-on-year growth in net profits as the chiefs accelerated c...

ICICI Bank to donate Rs 625 cr for cancer care building at Tata Memorial Centre

The spending to build a 11-storey building at TMC's (Tata Memorial Centre) Advanced Centre for Treatment, Research and Education in Cancer in Navi Mum...

Foreign firms being allowed to acquire Indian banks imprudent, poses substantial risks: Congress

As foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses concern ove...

RBL Bank eyes wealth business after Emirates NBD deal

Emirates NBD is acquiring a 60% stake in RBL Bank for $3 billion. This significant deal will allow RBL Bank to launch a wealth management business. Th...

Emirates NBD to invest $3 billion in RBL Bank for 60% stake; largest FDI in financial services

Primary capital via preferential allotment, open offer to get triggered for additional 26% stake, Emirates bank to control majority of board.

IDFC First Bank Q2 results: Standalone PAT shoots up by 75% YoY, NII cracks 40%

IDFC Bank's standalone net profit surged by 75.5% year-on-year to Rs 352.31 crore in the second quarter of FY26. Despite this significant profit growt...

FinMin steps in PSBs asked to tackle employee stress, draw up action plans

Government is urging public sector banks to tackle employee stress. This follows concerns over work pressure, targets, and staff shortages. Banks must...

IDBI Bank Q2 profit nearly doubles to Rs 3,627 cr

The bank said its operating profit improved by 17 per cent in the second quarter of the fiscal to Rs 3,523 crore as against Rs 3,006 crore in the year...

PNB's Q2 profit rises 14 pc to Rs 4,904 cr

Operating profit in July-September was at Rs 7,227 crore and Rs 14,308 crore in April-September (H1) FY26, recording a growth of 5.46 per cent and 6.5...

ICICI Bank Q2 results: PAT rises 5% YoY to Rs 12,359 cr, NII grows 7%

ICICI Bank announced a 5.2% year-on-year profit growth to Rs 12,359 crore for Q2FY26, driven by a 7.4% increase in net interest income to Rs 21,529 cr...

IndusInd Bank Q2 results: Bank slips into Rs 437 cr loss against net profit year-ago, NII drops 17% YoY

IndusInd Bank reported a net loss of Rs 437 crore in the second quarter of FY26, a significant reversal from a profit of Rs 1,331 crore in the prior y...

HDFC Bank Q2 results: Standalone net profit rises 11% YoY at Rs 18,641 cr; NII witnesses 5% growth

HDFC Bank announced its second quarter results for FY26. The bank's net profit saw a 10.8% year-on-year increase, reaching Rs 18,641.28 crore. Net int...

Yes Bank Q2 results: Standalone PAT jumps 18% YoY at Rs 654 crore, NII rises 4.5%

Yes Bank has announced its financial results for the quarter ending September 30, 2025. The private lender saw its profit after tax surge by 18.3 perc...

Federal Bank Q2 results: Standalone PAT declines over 9% YoY, all-time high NII posted at Rs 2,495 crore

Federal Bank's net profit saw a year-on-year dip. However, the bank achieved its highest ever net interest income and fee income. Deposits and advance...

Gold likely to consolidate next week as US data, Fed meeting loom: Analysts

After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global d...

Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

An additional policy rate cut is expected before year-end, alongside recent GST simplifications indicating that peak fiscal consolidation is behind us...

India's retail inflation likely to ease further in October: Report

India's retail inflation is expected to fall further in October, supported by a high base effect, easing food prices, and the full impact of recent GS...

Navigating RBI's Relaxation on M&A Financing: The Case for Robust Risk Frameworks

The Reserve Bank of India's recent relaxation permitting banks to fund mergers and acquisitions (M&A) transactions marks a watershed moment for the f...