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Category: Banking

SBI Net Profit Surges 10% in First Quarter, Domestic Margins Improve Sequentially
Categories: Banking

SBI Net Profit Surges 10% in First Quarter, Domestic Margins Improve Sequentially

by nanikaAugust 7, 2026August 7, 2026

State Bank of India (SBI), the country’s largest public sector bank, reported a strong financial performance for the first quarter…

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HDFC Bank Boosts FCNR(B) Deposit Rate Under RBI Swap Scheme
Categories: Banking

HDFC Bank Boosts FCNR(B) Deposit Rate Under RBI Swap Scheme

by nanikaAugust 1, 2026August 1, 2026

HDFC Bank has increased the interest rate on its three- to five-year Foreign Currency Non-Resident (Bank), or FCNR(B), US dollar…

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SBI Life Records 22% Profit Growth Backed by Strong Insurance Business
Categories: Banking

SBI Life Records 22% Profit Growth Backed by Strong Insurance Business

by nanikaJuly 25, 2026July 25, 2026

SBI Life Insurance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 22% year-on-year…

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Punjab National Bank Reports Massive Profit Surge As Gross NPAs Decline to 2.78%
Categories: Banking

Punjab National Bank Reports Massive Profit Surge As Gross NPAs Decline to 2.78%

by nanikaJuly 18, 2026July 18, 2026

State-owned banking giant Punjab National Bank (PNB) has reported a massive milestone in its first-quarter earnings for the fiscal year…

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ICICI Bank Eyes Return to Dollar Bonds Amid Cheaper Hedging Framework
Categories: Banking

ICICI Bank Eyes Return to Dollar Bonds Amid Cheaper Hedging Framework

by nanikaJuly 3, 2026July 3, 2026

ICICI Bank is preparing to raise funds through its first dollar bond issuance in nearly nine years, as Indian lenders…

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Leadership Reshuffle Likely at HDFC Bank as Chairman Search Nears Conclusion
Categories: Banking

Leadership Reshuffle Likely at HDFC Bank as Chairman Search Nears Conclusion

by nanikaJune 29, 2026June 29, 2026

HDFC Bank is expected to appoint a regular chairman within the next two weeks, ahead of a key decision on…

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Axis Bank Raises $800 Million Through Dual-Tranche Dollar Bond Issue
Categories: Banking

Axis Bank Raises $800 Million Through Dual-Tranche Dollar Bond Issue

by nanikaJune 24, 2026June 24, 2026

Axis Bank has successfully raised $800 million through a dual-tranche US dollar bond issuance under its Global Medium Term Note…

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HDFC Bank Completes $750 Million GIFT City Bond Sale at 5.067% Coupon
Categories: Banking

HDFC Bank Completes $750 Million GIFT City Bond Sale at 5.067% Coupon

by nanikaJune 17, 2026June 17, 2026

HDFC Bank, India’s largest private-sector lender, has raised $750 million through a five-year senior unsecured bond issue via its International…

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SBI, BoB Lead Rise in Green Deposits Under RBI Sustainability Framework
Categories: Banking

SBI, BoB Lead Rise in Green Deposits Under RBI Sustainability Framework

by nanikaJune 16, 2026June 16, 2026

State-owned banks in India recorded a sharp rise in green deposit mobilisation in FY26, reflecting growing depositor awareness and the…

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Bank of Maharashtra Faces Pressure as Employees Report Severe Manpower Crunch
Categories: Banking

Bank of Maharashtra Faces Pressure as Employees Report Severe Manpower Crunch

by nanikaJune 15, 2026June 15, 2026

The All India Bank of Maharashtra Employees Federation (AIBOMEF) has urged the management of Bank of Maharashtra to initiate a…

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