Category: Banking

State Bank of India (SBI), the nation’s largest lender, has initiated a strategic movement alongside the Indian Banks’ Association (IBA) to establish a structured, industry-wide framework for real-time cyber threat…

SBI Funds Management Ltd, the asset manager for SBI Mutual Fund, has demonstrated solid business expansion as its quarterly average assets under management (QAAUM) grew by 10 per cent year-on-year…

Bank of Baroda (BoB) has responded to a massive $15 billion lawsuit filed by Bavaguthu Raghuram Shetty, the founder of the troubled NMC Healthcare group, in the Bombay High Court.…

The government and the Life Insurance Corporation of India are steadily progressing with the evaluation of revised financial bids for a strategic stake sale in IDBI Bank, according to recent…

Shares of IDBI Bank fell 10.56 per cent to close at Rs 81.12 on Tuesday, with investors focusing on the reported price at which Canada-based Fairfax Financial Holdings could acquire…

ICICI Bank has mobilised around $17.88 billion (₹1.7 trillion) through the Reserve Bank of India’s special USD-INR forex swap facility for FCNR(B) deposits, according to an exchange filing. Introduced on…

Axis Bank, India’s third-largest private sector lender, has raised the interest rate on FCNR(B) deposits of more than $1 million to 6.40% for three- to five-year maturities, effective August 17,…

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…

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, 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…