Finance News

Indian Overseas Bank eyes $650 million foreign depos...

Indian Overseas Bank aims to gather $650 million in foreign currency deposits...

Nearly 55.49 crore UPI users onboarded by June 2026

Around 55.49 crore UPI users were onboarded by June 2026, Parliament was info...

Indian banks mobilise $20.7 billion under RBI's spec...

In a remarkable financial boost, India's central bank recorded significant fo...

Lagging on FCNR(B) deposit collections, banks pin ho...

Banks anticipate a surge in FCNR-B deposits before the September deadline. In...

Axis Bank weighs raising stake in its insurance vent...

In June 2026, Axis Bank announced a further investment of up to ?381 crore in...

RBI asks banks to clear old trade and payment mismat...

The RBI has asked banks to resolve long-pending mismatches between trade and ...

Credit-deposit gap to persist as loan demand dynamic...

A noticeable gap between credit and deposit growth is troubling the banking l...

HDFC Bank CEO reappointment delayed by board review,...

HDFC Bank has delayed recommending CEO Sashidhar Jagdishan's reappointment to...

Corporate loan growth outpaces retail advances at to...

Corporate lending at top Indian private banks surged significantly in the Jun...

Regional conflict-driven curbs weigh on flow: FCNR(B...

Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five bil...

Punjab National Bank scouting for partner to build i...

Punjab National Bank is seeking a partner for its merger and acquisition fina...

India’s private lenders bet on corporate loan reviva...

Indian banks report robust loan growth driven by corporate demand. Companies ...

Axis Bank appoints ex-Bandhan Bank CFO Rajeev Mantri...

Axis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins ...

UPI MDR could raise business costs, hurt consumption...

Experts suggest focusing on who bears UPI merchant discount rate costs. Intr...

IDBI Bank ups FCNR ante with 16% on offer

The scheme allows customers to borrow up to 12 times their deposit amount and...

Trade, NBFC credit to remain fastest-growing lending...

Trade and NBFC credit are expected to remain among the fastest-growing segmen...

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