Category : Search result: banking resilience


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.

8 Traits of Mentally Strong People Revealed

Discover the key characteristics that set mentally resilient individuals apart. Learn how emotional intelligence, adaptability, and inner strength create unstoppable personalities.

India's Economy Booms Despite US Tariff Tensions

India's economy demonstrates remarkable resilience as trade diversification and robust domestic demand fuel strong growth projections. Government report reveals strategic pivot in global trade partnerships amid rising US tariff pressures.

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.

Staten Island's $54M Waterfront Transformation

New York's Staten Island waterfront is set for a major $54 million upgrade featuring a state-of-the-art skate park, enhanced flood protection, and recreational amenities to combat climate change threats.

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.

India's Domestic Consumption to Drive H2 2024 Growth

SBI Capital Markets forecasts India's economy will maintain robust growth in second half of 2024, with domestic consumption offsetting global slowdown pressures. Key sectors driving expansion revealed.

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 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.

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.

IMF's Blueprint for India's Economic Resilience

The IMF's latest report offers crucial insights for India's economic strategy, highlighting resilience as the key to navigating global volatility and maintaining growth momentum.

Global Economy Defies Trade War & AI Fear Predictions

Despite ongoing trade tensions and artificial intelligence concerns, the world economy shows remarkable resilience with stronger-than-expected performance across major nations. Discover why experts remain optimistic about global economic prospects.

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.

South Indian Bank Shares Surge 19% to Record High

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.

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