Ex-Bank Manager Arrested in Mumbai Fraud Case
A former bank manager faces CBI custody in Mumbai for allegedly cheating customers of crores. ED investigates money laundering angle in the banking fraud case.
Category : Search result: Karnataka banking news
Union Bank & Indian Bank Get RBI Nod for Overseas Merger
In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.
Foreign Investors Bet Big on Indian Private Banks
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
13 convicted in ₹45 lakh bank fraud case by CBI court
A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.
Huntington Bancshares Buys Cadence Bank in $7.4B Deal
Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.
TMB Q2 FY26: Net Profit Up 4.9%
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
Huntington Bancshares Acquires Cadence in $7.4B Bank Deal
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
HSBC's $1.1B Madoff Fraud Provision Hits Shares
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Kotak Bank Delays RoE Target to FY26 Amid Capital Woes
Kotak Mahindra Bank faces investor disappointment as it pushes back its return on equity target to FY26. Discover how capital adequacy challenges and regulatory pressures are reshaping India's banking landscape.
Axis Bank: Next Value Play in Indian Stock Market?
Discover why Axis Bank is generating buzz as a potential value stock in India's banking sector. Expert analysis on growth prospects, financial metrics, and market positioning.
RBI: Credit Growth Soars to 16.1%, Signals Economic Revival
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
ICICI Bank extends CEO Sandeep Bakhshi's tenure by one year
ICICI Bank extends Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
SBI Hiring 3500 Officers: 30% Women Workforce Target
State Bank of India announces massive recruitment drive for 3,500 officers this year with strong focus on gender diversity. Banking sector shows robust job growth amid economic expansion.
SBI Recruits 18,000 with 30% Women Hiring Push
State Bank of India launches recruitment drive for 18,000 positions including officers, clerks & junior associates with strong focus on gender diversity and women employment.
Kotak Bank Q2 Profit ₹4,468 Cr, Loans & Deposits Grow
Kotak Mahindra Bank reports robust Q2 FY26 performance with consolidated profit reaching ₹4,468 crore. Strong growth in loan book and deposits signals healthy banking sector recovery. Read full analysis of financial results and future outlook.
RBI okays C S Rajan's reappointment as Kotak Bank chairman
The Reserve Bank of India approves C S Rajan's continuation as part-time chairman of Kotak Mahindra Bank, bringing stability and experienced leadership to the private sector lender.
Karnataka Cabinet Reshuffle Planned After November
Karnataka Chief Minister Siddaramaiah has confirmed plans for a significant cabinet reshuffle after November, signaling potential changes in ministerial portfolios and leadership roles.
Karnataka explores separate secretariat for Kittur region
Karnataka Chief Minister Siddaramaiah announces exploration of separate secretariat for Kittur Karnataka to address regional development disparities and streamline governance.
Kotak Bank Eyes H2 Margin Recovery, Asset Quality Stable
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
RBI Allows Bank Funding for Corporate Buyouts
The Reserve Bank of India's new circular permits banks to fund corporate acquisitions, unlocking massive opportunities for M&A deals and private credit markets in India. Discover how this regulatory shift will reshape corporate financing.
Kotak Bank Q2: Profit Down 2%, NII Up 4%
Kotak Mahindra Bank reports mixed Q2 FY2025 results with net profit declining 2% to ₹3,253 crore while Net Interest Income grows 4%. Discover the key drivers behind these numbers and what they mean for investors.
Karnataka HC protects bank-mortgaged properties from ED
In a significant ruling, Karnataka High Court dismisses ED's appeal, protecting bank-mortgaged properties from attachment in money laundering cases. Landmark judgment strengthens banking security.
Federal Bank raises ₹6,196 crore from Blackstone entity
Federal Bank's board approves preferential warrant issue to Blackstone-owned FIH Mauritius Investments, strengthening capital base for future growth opportunities in competitive banking sector.
Delhi HC: SC/ST Act Can't Block Bank Mortgage Rights
Delhi High Court delivers crucial judgment safeguarding banks' mortgage rights against SC/ST Act misuse. Learn how this ruling protects financial institutions while balancing social justice laws.
India's NBFC Crisis: RBI Warns of US Subprime Parallels
RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.
Bengaluru Boycotts Karnataka Caste Survey Amid Murthy Criticism
Karnataka's ambitious caste census hits major roadblock in Bengaluru as tech elites and affluent communities resist participation. NR Narayana Murthy's criticism adds fuel to the growing controversy.
Goldman Sachs Bullish on Indian Banks: Growth Ahead
Discover why Goldman Sachs predicts a golden era for Indian banks with strong credit growth, healthy profits, and digital transformation driving unprecedented opportunities.
RBI ECL Norms: Banks Face ₹75,000 Cr Provision Shock
Major Indian banks including SBI, ICICI, HDFC, and Axis Bank may need to set aside ₹75,000 crore as RBI's Expected Credit Loss framework reshapes banking provisions. Learn how this game-changing regulation impacts profitability and lending.
Gen Z Ditching Banking Jobs For Freedom
Discover why India's Gen Z professionals are abandoning stable banking jobs in favor of flexible work arrangements, better work-life balance, and mental wellness.
Karnataka to enact law against fake news spread
Karnataka Chief Minister Siddaramaiah announces groundbreaking legislation to tackle false information spread, protecting citizens from digital deception.
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