Banking

HDFC Bank may look internally and within group to fill top boss’s role, says interim chair Mistry

These comments come after former part-time Chairman Atanu Chakraborty suddenly resigned in a letter dated March 17

How HDFC Bank Navigated Bans, a Mega Merger and Legal Challenges Under Sashidhar Jagdishan

A look at the regulatory actions, leadership milestones and legal challenges that have defined the bank’s recent journey

IRDAI, CII push 'basic health cover' and data-led pricing to reset insurer-hospital dynamics

The earlier discussions of forming a regulatory body for health insurers and hospitals may be off the table, confirmed one industry executive familiar with the matter

Kaizad Bharucha may emerge as a power house amid HDFC Bank's boardroom battle  

The veteran banker’s assumption of more responsibilities follows the sudden resignation of former part-time chairman Atanu Chakraborty

Differences over CEO's third term, board changes likely triggered Atanu Chakraborty's exit from HDFC Bank

Chakraborty opposed the reappointment of MD&CEO Sashi Jagdishan without a performance review. Objections were also raised on elevating Jimmy Tata as a board member in place of Bhavesh Zaveri when the latter’s term ends on April 12, sources said

Insurance leads India’s consumer complaints surge, data shows

Total grievances in the insurance sector touched 2.57 lakh in FY25, up from about 2.02 lakh in FY23, pointing to a consistent increase in friction between insurers and customers

OPINION | The silent strength of India’s public sector banks

India needs bigger banks to match its growing economy. These banks can support global trade and money flows. Strong PSBs and global banks can grow together 

As microfinance lenders target higher ticket size, leverage could become a risk

Microfinance portfolio would continue to shrink and by doing so it would get better.

HDFC Bank part-time chairman Chakraborty’s exit not linked to governance or RBI concerns: Report

HDFC Bank chairman Atanu Chakraborty’s exit not linked to RBI concerns or governance issues; sources say it was a personal decision.

Quick Take | HDFC Bank’s unsettling governance moment

Chairman’s unusual exit points to deeper issues that India’s biggest private bank cannot afford to ignore

RBI clears Bain Capital’s joint control of Manappuram Finance, subsidiaries

After the proposed acquisition of up to 41.66 per cent stake in Manappuram Finance, its subsidiaries, Asirvad Micro Finance Limited and Manappuram Home Finance Limited, will come under the joint control of the US-based private investment firm, the company said in a statement

Rupee sinks to new low of Rs 92.63 as importers rush to cover positions

Market participants and analysts expect the rupee to test the 93 psychological mark on a surge in demand for dollars from OMCs

IRDAI may allow phased Ind AS rollout amid earnings volatility concerns

Insurers, analysts warn new accounting norms could disrupt near-term profit visibility

Indian bonds open steady; traders eye oil prices, US FOMC decision

The benchmark 10-year bond yield was trading at 6.7076 percent, compared with 6.7143 percent in the previous trading session.

Rupee opens 5 paise lower against dollar at 92.42, US Fed decision awaited

The rupee was trading near its record low of 92.48 against the greenback

Chart of the Day | Rupee stays relatively steady in a turbulent currency market

The Iran war has shaken global markets and strengthened the dollar. Yet the rupee’s fall has been milder than many of its peers

Why govt must press ahead with the IDBI divestment

As on Dec 31 2025, IDBI had a better ROE of 14.5% and a ROA of 1.83%

India's wilful loan defaulters remain high, a decade after RBI’s asset quality review

Recent union government data suggests a 4X increase in the number of defaulters in the last decade

IRDAI steps up push for Public Insurance Registry, Bima Sugam; insurers flag data concerns

The discussions centred around standardising data-sharing protocols and accelerating system integration across insurers, as the regulator looks to build a centralised repository of policyholder records under the PIR

What hurt IDBI Bank's divestment? Govt to mull next steps 

The long-pending IDBI divestment reportedly failed because the bids were below the base reserve price. Experts say higher valuation expectations, legacy risks and control concerns weigh heavy on IDBI as government mulls next steps

Benchmark yield slips to 6.71% in early trade, all eyes on crude

The benchmark 10-year bond yield was trading at 6.71 percent

Rupee opens 3 paise higher at 92.39 against the dollar on improved risk sentiment

The RBI was seen aggressively selling the dollar on March 16 to avert another record low. The rupee dived to an intraday low of 92.48 but recovered to close at 92.42

RBI’s dividend reset puts weak banks on notice

By tying payouts more tightly to capital buffers and bad loans, the central bank is quietly forcing banks to clean up their balance sheets before rewarding shareholders

DBS Bank India to foray into equity capital markets business

According to sources, Sanjog Kusumwal, an executive director, currently in Singapore heading equity capital markets for DBS has been designated to lead the business in India

Bond yields climb 2 basis points as Brent crude holds above $100  

The benchmark 10-year bond yield was trading at 6.6943 percent on March 16