Category : Search result: banking safety


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.

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.

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 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.

LPG Geyser Leak Kills 2 Sisters in Mysuru

Two young sisters tragically died from LPG leakage in their bathroom geyser in Mysuru's Vidyaranyapuram. The incident highlights critical gas safety concerns in Indian households.

3 San Diego Cities Among America's Safest

New survey reveals three San Diego County cities have secured top spots in America's safest cities list. Discover which communities are setting new standards for safety and quality of life.

SIM Swap Fraud: Why OTP Security Is Failing

Critical security alert: Learn how cybercriminals are bypassing OTP and SIM-based authentication to drain bank accounts. Essential reading for every Indian smartphone user.

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.

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.

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