We have consistently guided that NIMs plus fees will remain in the 10-10.5 percent range. Depending on interest rate and cost pressures, it may move within that band, but we don’t expect it to fall below 10 percent in the medium term, Roy said.
PNB Q3 results: On a sequential basis, net profit rose 4 percent.
The bank has cut back on short-term corporate lending Retail, MSME and gold loans now form a larger share of the book, Seshadri tells Moneycontrol in an interview
Estimates for green bond issuance, which is unlikely to see an increase, range from Rs 20,000-25,000 crore, or around 5 percent of total borrowing, a Monyecontrol poll has found
The latest numbers show strength at the top, hesitant recovery below, and a system that is safer but far from balanced
After a decade of state support, Budget 2026 must decide whether PSBs still need the taxpayer’s shoulder
ICICI Bank described the provisioning as a one-time regulatory adjustment, stating that it does not expect further provisions on this portfolio beyond Q3 FY26
The decision was taken by the bank’s board at its meeting held on January 17, and is subject to regulatory and shareholder approvals, according to an exchange filing
Responding to another query by Moneycontrol on the market speculation around Federal Bank being among the bidders for select Deutsche Bank India retail and wealth portfolios, Manian said it continues to evaluate inorganic opportunities but has no immediate transactions under consideration
Net interest income (NII) increased 9 percent year on year to Rs 2,653 crore, compared with Rs 2,431 crore a year ago
RBI's in-principle nod for Japan's SMBC to set up a wholly-owned subsidiary in India is the fourth instance of a foreign bank seeking to convert its Indian operations from a branch model to subsidiary, this could set the base for SMBC to take controlling stake in Yes Bank.
The bank is planning to raise Rs 4,000 crore through a qualified institutional placement issue in the fourth quarter, which is expected to dilute the government’s stake by about 4 percent but won't be enough to meet the 25% norm
On January 13, BISL deferred the inclusion of Indian government securities in the Bloomberg Global Aggregate Index, citing the need for further evaluation of operational and market infrastructure aspects
Apart from the $200 payout to Shriram Ownership Trust, certain clauses pertaining to oversight of operations by MUFG are coming under the cloud, with proxy advisors questioning if the deal was structured to avoid an open offer by the Japanese investor
Official budget documents and parliamentary analyses show that interest outgo has become one of the largest and least flexible components of central government expenditure
According to sources, advanced discussions underway to secure an additional $150 million from select DFIs, taking the total funding from multilateral foreign agencies to $500 million by end of FY26
On a one-nine (1/n) basis, profit after tax (PAT) stood at Rs 659 crore, compared with Rs 724 crore in the year-ago quarter. PAT came in at Rs 680 crore.
The near leg or spot leg is on January 16, 2026, and the far leg is on January 16, 2029.
Other income of the bank surged 18.41 percent in the December quarter to Rs 932.86 crore from the year-ago period
ICICI Prudential Life Insurance posted a solid Q3 FY26 results, with profit rising year-on-year on the back of stronger investment income and improved profitability. Growth was led by the retail protection business. The insurer's stock jumped.
'A number of respondents highlighted important operational and market-infrastructure considerations that merit further evaluation before inclusion in a flagship global investment grade index,' the service provider said in a note.
Despite volatility in currency markets and a sharp move in the rupee, PFC did not face any significant difficulty in hedging its exposure, Chopra tells Moneycontrol
Currently, the banking system is estimated to be in surplus of around Rs 29,872.34 crore as on January 11, as per RBI data.
December’s CPI number gives both the RBI and the government something they have lacked for years--policy space
The company is targeting a premium income of Rs 6,000 crore in FY26, compared with Rs 5,000 crore in the previous financial year