The current MD & CEO K Satyanarayana Raju retires in December
Federal Bank board also approved granting the Blackstone entity a special right to nominate one non-executive director on the board upon conversion of all warrants and subject to holding at least 5 percent of the bank’s paid-up share capital.
As per the amendments, customers may nominate up to four persons, either simultaneously or successively, thereby simplifying claim settlement for depositors and their nominees.
Corporate credit growth is rebounding as banks report higher lending in Q2 FY25, led by working capital and project-linked funding. Experts expect momentum to build in H2.
Reports have claimed that US could slash the tariff on Indian goods to 15 percent, as New Delhi 'moderates its oil purchases from Russia'
Sources say loan to value by leading NBFCs and a few banks in the gold loan segment has started reducing by 2 – 4 percent, in anticipation of a likely dip in gold prices.
Is there too much euphoria in the SME IPO market?
RBL Bank is not a distressed institution. It faced a governance setback in 2021 but has since rebuilt capital buffers and depositor confidence.
Shares of RBL Bank jumped more than 9 percent after Emirates NBD announced plan to acquire a majority stake in the listed domestic private sector lender.
PE major Blackstone said to be the front runner, issue likely to be rolled out at Rs 210 - 215
He cautioned that the US accounts for about 33 percent of India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and processed food products sectors that are dominated by MSMEs and employ nearly 40% of India’s manufacturing workforce. The imposition of 25%+25% penal tariffs on Indian exports, coupled with other restrictive trade and immigration policies, could impact these sectors more acutely.
The bank is aiming for the QIP launch of Rs 4,000 crore in the second half of the current financial year, Srivastava said.
To strengthen its CASA base, the bank has launched six new products and opened 1.77 lakh new accounts in the last quarter. It is also aggressively targeting salary accounts, where the average balance has improved from Rs 25,000 in Q1 to Rs 44,000 in Q2, Kumar said.
Going forward, housing and vehicle loans will grow very fast, we expect these two segments to be outperformers in Q3. Overall, retail growth should see at least a 2 percent boost purely due to the GST cut, Chandra said.
The selling of dollars by the RBI's last week helped the rupee post its best weekly performance in nearly four months
The collaboration would allow customers of CSB Bank, especially SMEs to access bespoke life insurance solutions designed to protect and safeguard the individual’s business continuity, wealth, and their families.
Higher metal prices raise the marked-to-market value of pledged jewellery, improving loan-to-value (LTV) cushions for the same quantum of lending
The bank is aiming to join the top five banks league in the next three to five years
Responding to a query on the recent reports on social media platforms alleging unlawful employee exits, ED Sandeep Batra dismissed the claims as baseless
The deal also includes the amalgamation of Emirates NBD’s India branches with RBL Bank, as per RBI guidelines, once the preferential issuance is completed.
The auditor of BFIL had earlier issued a qualified conclusion in its limited review dated October 17, 2025, on the financial results for the September quarter and half year. However, the Bank clarified that these observations were not material to the group’s overall results.
According to the bank’s disclosure, the newly formed Project Management Group will oversee corrective measures, ensure process standardisation, and tighten internal checks to prevent such lapses in the future.
SMBC has stated that they will not increase their stake, and they are under no obligation to do so beyond 24.99 percent, says CEO Prashant Kumar.
Net Interest Income for the Q2 FY26 at Rs 4,409 crore as compared to Q2FY25 at Rs 5,347 crore. Fee and other income for the Q2FY26 at Rs 1,651 crore as compared to Q2FY25 at Rs 2,185 crore.
Operating Profit for Q2FY26 increased to Rs 7,227 crore and to Rs 14,308 crore for HY1FY26 recording growth of 5.5 percent and 6.5 percent, respectively on YoY basis.