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Category: Banking

SBI Uses Business Rule Engine to Fast-Track Loans Up to ₹5 Crore
Banking

SBI Uses Business Rule Engine to Fast-Track Loans Up to ₹5 Crore

nanika EditorAugust 14, 2026

State Bank of India (SBI) successfully underwrote nearly ₹1 trillion in micro, small, and medium enterprise (MSME) loans in FY26 by leveraging artificial intelligence, according to Deputy Managing Director Amara…

Banking Sector Under Pressure as HDFC and Axis Bank Face NIM Compression
Banking

Banking Sector Under Pressure as HDFC and Axis Bank Face NIM Compression

nanika EditorJuly 20, 2026

Shares of leading Indian private-sector banks witnessed a sharp decline on Monday as concerns over weak earnings and shrinking net interest margins (NIMs) weighed on investor sentiment. Shares of the…

Axis Bank Loses Key Banking Executives Amid Strategic Restructuring
Banking

Axis Bank Loses Key Banking Executives Amid Strategic Restructuring

nanika EditorJuly 8, 2026

Axis Bank, one of India’s leading private-sector lenders, is witnessing a major leadership reshuffle after three senior executives resigned from key positions. The departures include Anil Agarwal, President and Group…

Cheaper Foreign Funding Reduces Indian Banks’ Reliance on Short-Term Debt
Banking

Cheaper Foreign Funding Reduces Indian Banks’ Reliance on Short-Term Debt

nanika EditorJuly 6, 2026

Indian banks have begun reducing their reliance on short-term debt instruments as the Reserve Bank of India’s recent measures to attract foreign-currency deposits provide a cheaper and more stable source…

Rajiv Kumar to Lead HDFC Bank Board, RBI Approval Awaited
Banking

Rajiv Kumar to Lead HDFC Bank Board, RBI Approval Awaited

nanika EditorJune 30, 2026

Former Chief Election Commissioner and former Finance Secretary Rajiv Kumar has been named by HDFC Bank as its choice for the position of part-time non-executive chairman for a three-year term,…

HDFC Bank Board Cleared After Independent Law Firm Investigation
Banking

HDFC Bank Board Cleared After Independent Law Firm Investigation

nanika EditorJune 27, 2026

HDFC Bank, India’s largest private sector lender, said on Friday that an independent legal review into allegations made by former part-time chairman Atanu Chakraborty has found no supporting evidence. The…

Bandhan Bank Offers Higher Returns on Fixed Deposits Amid Deposit Competition
Banking

Bandhan Bank Offers Higher Returns on Fixed Deposits Amid Deposit Competition

nanika EditorJune 24, 2026

Bandhan Bank has increased interest rates on select fixed deposit (FD) tenors by up to 20 basis points (bps), offering improved returns to depositors amid growing competition among banks to…

Volume Buzzers Drive Sharp Gains in Yes Bank and IDBI Bank Shares
Banking

Volume Buzzers Drive Sharp Gains in Yes Bank and IDBI Bank Shares

nanika EditorJune 17, 2026

Shares of Yes Bank and IDBI Bank witnessed strong buying interest on Wednesday, surging up to 12% in intra-day trade on the BSE amid heavy trading volumes, even as broader…

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