Bank of Baroda Q2 net profit falls 8% to Rs 4,809 crore, NII rises 3%
Bank of Baroda Q2 results: Asset quality improves
OPINION | Vault Matters: $7 billion, four banks and a new outlook to equity
Capital, equity, etc. are not concerns of RBI was the view that the central bank seemed to hold for a long time. The new regime and its thinking is proving this belief wrong, making for a welcome change
Canara Bank may raise Rs 3,500 crore via AT1 bonds by November
On October 30, the lender has informed exchanges that ratings agency ICRA has assigned ‘AA+’ ratings with ‘Stable’ outlook for the Basel-III compliant Tier-1 bonds.
Supreme Court asks IRDAI, industry to explore policies to improve motor insurance coverage
The supreme court is expected to deliberate on possible enforcement mechanisms and policy reforms to address the large-scale non-compliance of motor insurance in India.
Why banks are finding borrowing via TREPS more attractive over RBI’s VRR auctions
Market participants have said that the narrowing rate differential between TREPS and RBI’s VRR auctions has made the former route a more attractive option.
Rupee opens 9 paise up at 88.61/USD on Asian cues
Asian currencies were mostly higher on Friday, with the offshore Chinese yuan at 7.11 to the U.S. dollar
Chart of the Day: Is it time to retire the debit card?
Debit card transactions are being cannibalised by UPI
Union Bank of India working with two external agencies for ECL norms implementation, says CFO
Further, the managing director and chief executive officer Asheesh Pandey said there is no communication from the government on the consolidation of the state-owned banks.
Bandhan Bank Q2 Results: Net profit plunges 88% to Rs 112 crore, NII drops 12%
Bandhan Bank Q2 Results: Its asset quality also deteriorated, with net NPA rising nearly 14% YoY to Rs 1,843 crore.
FOMC rate cut gives RBI MPC further room, but policy action seen hinging on growth-inflation outlook
US Federal Reserve’s by 25 bps rate cut has increased the scope for policy flexibility for emerging markets like India, however, economists believe the Reserve Bank of India (RBI) will keep its focus on growth and inflation in framing the policy stance at the upcoming December monetary policy meeting.
Canara Bank shares jump 4% to near 15-year high after lender’s Q2 net profit rises 19%, asset quality improves
Canara Bank share price: After hitting a record low of Rs 78.60 apiece in March this year, the stock gained 71% in seven months to hit a record high of Rs 134.25 apiece today.
Govt mulls Union Bank-Bank of India merger to form India's second largest PSU lender: Report
The Finance Ministry is also considering options to merge Chennai-based PSU lenders Indian Overseas Bank and Indian Bank, Mint reported.
Go Digit Q2 profit surges 53% to Rs 136 crore; AUM up 15%
Gross written premium (GWP) for the quarter stood at Rs 2,667 crore, up 12.6 percent from Rs 2,369 crore in Q2 FY25.
Star Health Q2 profit drops 50% to Rs 317 crore
The expense ratio is currently at 29.7% in H1FY26.
ICICI Prudential Life enables premium payments via NBBL Banking Connect
The feature allows policyholders to make premium payments directly through their preferred mobile banking app, without having to log in separately using internet banking credentials
Governor Sanjay Malhotra’s term sees Rupee’s biggest drop since Subbarao’s first 10 months
RBI Governor Sanjay Malhotra’s period has coincided with a challenging global environment marked by a persistently strong dollar, geopolitical tensions, and a widening interest rate differential between India and the US.
Commercial Paper issuances down 66 percent in October as yields harden
Yield on commercial papers (CP) have hardened by 15-17 basis points amid fluctuation in the systemic liquidity in the banking system.
SBI Card got customers to swipe more in Q2, but its historic mojo isn’t back yet
Retail spends growth was healthy but nowhere close to historic high levels.
Rupee opens 1 paise higher at 87.86/USD as Asian currencies gain
Currency experts said traders will monitor the US Federal Reserve’s commentary following a widely anticipated rate cut and the magnitude of overseas fund flows.
Kotak Mahindra Bank sees stress in retail commercial vehicles lending segment, says CEO Ashok Vaswani
In the July-September quarter, advances of Commercial Vehicles and Commercial Equipment grew just 2 percent quarter-on-quarter to Rs 43,676 crore, while on a year-on-year basis, this segment grew 12 percent.
Premature to talk on IDBI Bank, other deals, says Kotak Mahindra Bank CEO Ashok Vaswani
The divestment of IDBI Bank was announced in February 2021. However, the process was formally kick started on October 7, 2022, when DIPAM invited Expressions of Interest (EoI) for strategic divestment of IDBI Bank.
Kotak Bank Q2 results: Net profit falls 2.7% YoY, NII up 4% at Rs 7,311 crore
Net Advances increased 16 percent YoY to Rs 462,688 crore as at September 30, 2025 from Rs 399,522 crore as at September 30, 2024.
Merger buzz: PSBs yet to hear from govt, focused on diluting stakes to meet norms
Media reports had said that Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI) and Bank of Maharashtra (BOM) could be merged with big banks such as Punjab National Bank (PNB), Bank of Baroda (BoB) and State Bank of India (SBI).
Festive spending, GST outflow push liquidity into deficit
Currency in circulation usually surges during the festive season, resulting in lowering liquidity in the banking system
