Category : Search result: digital banking


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.

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 Digital Rupee Challenges Dollar & Stablecoins

As global stablecoin regulation heats up, India's central bank digital currency emerges as a strategic alternative. Discover how RBI's digital rupee could reshape finance and challenge dollar dominance.

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.

SIDTM Pune: Shaping Digital Management Leaders

Discover how Symbiosis Institute of Digital and Telecom Management is revolutionizing management education with industry-aligned curriculum, innovation labs, and 100% placement success.

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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