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.
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 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.
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.
Discover why a growing BSE-listed small-cap company secured a ₹25 crore corporate guarantee from Union Bank of India to fuel its expansion plans and strengthen market position.
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 Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
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.
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 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.
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.
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
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 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.
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.
India's two-wheeler giant Hero MotoCorp accelerates global ambitions with strategic UK market entry through MotoGB partnership, marking significant European expansion.
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.
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.
Discover why Goldman Sachs predicts a golden era for Indian banks with strong credit growth, healthy profits, and digital transformation driving unprecedented opportunities.
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.
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.
South Indian Bank shares witnessed an explosive rally, surging over 19% to hit a fresh record high with trading volumes soaring 15 times above average. The stock has made a remarkable 70% recovery from its March lows, signaling strong investor confidence.
Federal Bank shares witnessed their biggest single-day surge in a year, climbing 8% after reporting strong Q2 earnings. Discover whether this banking stock deserves a spot in your portfolio.
Quarterly results reveal surprising winners in India's banking sector. Discover which bank stocks analysts are betting on for maximum returns in 2025.
IDFC FIRST Bank reports stellar Q2 FY26 performance with PAT skyrocketing 76% YoY to ₹352 crore. Core income surges 29% as net interest income reaches ₹4,734 crore. Discover the key drivers behind this impressive growth story.
Major shareholders pressure Handelsbanken to reveal detailed financial performance metrics amid concerns over the bank's opaque reporting practices and strategic direction.
RBL Bank shares skyrocket to fresh 52-week high after Emirates NBD announces strategic 60% stake acquisition in landmark Indian banking sector deal. Full details inside.
Dubai's Emirates NBD makes strategic $490.7 million investment in India's RBL Bank, acquiring 7.76% stake in one of the largest foreign direct investments in Indian banking history.
Dubai's Emirates NBD acquires 7.75% stake in RBL Bank, marking significant foreign investment in India's private banking landscape. Exclusive talks underway for additional stake purchase.
BJP strongly counters Congress leader Jairam Ramesh's criticism of foreign firms acquiring Indian banks, accusing Congress of hypocrisy and defending government policies. Get the full political showdown details.
RBL Bank's strategic shift from private to listed foreign bank status gains momentum as Emirates NBD anticipates regulatory approvals within 5-6 months, marking a significant evolution in India's banking landscape.