Emirates NBD Acquires 7.75% Stake in RBL Bank
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.
Category : Search result: Banking Correspondents
BJP Counters Congress on Foreign Bank Acquisition Remarks
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 Foreign Conversion: Emirates NBD Eyes 5-6 Month Approval
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.
HDFC Bank: AI Won't Cause Layoffs, Says CEO
HDFC Bank's CEO Sashidhar Jagdishan reveals AI integration strategy focusing on employee upskilling rather than job cuts. Discover how India's banking giant is balancing technology and human resources.
RBL Bank Emirates NBD capital infusion in 5-7 months
RBL Bank CEO R Subramaniakumar reveals timeline for Emirates NBD's strategic investment, marking a significant milestone in the bank's capital enhancement journey. Get exclusive insights into the regulatory approval process and future growth plans.
HDFC Bank: AI won't cause layoffs, says CEO
HDFC Bank's CEO Sashidhar Jagdishan reveals AI integration strategy focusing on employee upskilling rather than job cuts. Exclusive insights on banking's technological transformation.
ICICI Bank Q2 Net Profit Rises 5.2% to ₹10,261 Crore
ICICI Bank reports robust Q2 FY2024 performance with 5.2% net profit growth, 23.8% surge in net interest income, and improved asset quality. Complete analysis of the banking giant's quarterly results.
HDFC Bank Q2 Profit Jumps 10.8% to ₹18,640 Crore
HDFC Bank reports impressive Q2 FY25 results with 10.8% net profit growth reaching ₹18,640 crore. Discover how India's leading private bank achieved robust performance despite economic headwinds.
HDFC Bank Q2 Profit Surges 30%, Credit Growth Strong
HDFC Bank reports impressive Q2 performance with 30% net profit growth and 5% sequential credit expansion, highlighting resilience in India's banking sector amid economic challenges.
Emirates NBD buys 60% stake in RBL Bank for $3B
In a major cross-border banking move, Dubai's Emirates NBD secures majority stake in India's RBL Bank, marking one of the largest foreign investments in Indian banking sector.
RBI approves Sumitomo investments in RBL & YES Bank
Japan's Sumitomo Mitsui Banking Corporation receives RBI approval for strategic investments in RBL Bank and YES Bank, signaling strong foreign confidence in India's banking sector.
Emirates NBD invests $3bn for RBL Bank majority stake
Dubai's Emirates NBD announces massive $3 billion investment to acquire majority stake in India's RBL Bank, marking one of the largest foreign banking deals in Indian financial history.
Federal Bank Q4 Profit Falls 9.5% Despite Growth
Federal Bank reports surprising 9.5% drop in net profit to Rs 906 crore for Q4 FY24, despite robust operating income growth, as higher provisions take their toll. Key financial highlights and analysis.
IndusInd Bank Reports ₹437 Crore Loss in Q2 FY26
IndusInd Bank faces unexpected ₹437 crore loss in Q2 FY26 as microfinance provisions hit profits. Discover how the banking sector is navigating these challenges and what's next for investors.
ICICI Bank Q4 Profit Up 5.2% at ₹12,359 Crore
ICICI Bank reports robust Q4 FY2024 performance with 5.2% net profit growth to ₹12,359 crore. Discover the key financial highlights, NII surge, and what drove this impressive performance.
HDFC Bank Q2 Profit Rises 10.8% to ₹18,640 Crore
HDFC Bank reports robust Q2 FY26 performance with 10.8% net profit growth, improved asset quality, and strong business expansion. Complete analysis of India's leading private sector bank results.
IDFC First Bank Q2 Profit Soars 75.5% to ₹352 Cr
IDFC First Bank reports stellar Q2 performance with 75.5% surge in net profit, robust NII growth, and improved asset quality. Complete analysis of the quarterly results.
PNB Q2 Profit Rises 14% to ₹4,904 Crore
Punjab National Bank reports impressive Q2 FY2024 results with 14% YoY profit growth, reduced NPAs, and strong operational performance. Get all the details here.
ICICI Bank Q2 Profit Jumps 5.2% to ₹12,359 Crore
ICICI Bank reports robust Q2 FY2024 performance with 5.2% net profit growth and 7.4% increase in net interest income. Discover how India's second-largest private lender strengthened its asset quality and expanded its loan portfolio.
YES Bank Q2 Profit Up 18% to ₹654 Crore
YES Bank delivers robust Q2 FY2025 results with 18% YoY profit growth, steady asset quality, and expanding net interest margin. Key financial highlights and analysis.
Federal Bank Q2 Profit Dips 9.5% to ₹992 Crore
Federal Bank reports 9.51% decline in Q2 net profit to ₹992 crore despite healthy NII growth of 18%. Rising provisions and operational costs impact bottom line. Read complete analysis.
Rural Banks Boost Credit in Semi-Urban & Rural India
Finance Ministry directs regional rural banks to accelerate lending in underserved areas amid growing demand. GST rate rationalization for banking services could further boost financial inclusion mission.
Dollar Posts Worst Week Since August on Fed Rate Cut Bets
The US dollar faces significant pressure as banking sector concerns and Federal Reserve policy expectations drive markets. Discover how this impacts global currencies and what's next for forex traders.
Goldman Sachs Credit Strategist Karoui Exits After 18 Years
Goldman Sachs' Chief Credit Strategist, Lotfi Karoui, exits the investment banking giant after nearly two decades, marking a significant departure in the firm's research leadership.
Bank Credit Surges 11.38% in 14 Days: RBI Data
Fresh RBI data shows bank credit growth accelerated to 11.38% year-on-year in the 14 days ending October 3, driven by festive demand and GST relief measures. Discover how India's economy is responding to positive market conditions.
Belgium Court Clears Mehul Choksi Extradition in PNB Scam
In a major breakthrough, a Belgian court has approved the extradition of diamond tycoon Mehul Choksi to India. Dive deep into the staggering ₹14,000 crore PNB fraud that shook the nation's banking sector.
Ex-manager held for ₹1.36 crore bank fraud in Palamu
Ex-bank manager in Jharkhand's Palamu district apprehended for orchestrating elaborate ₹1.36 crore embezzlement through fake accounts and forged documents over several months.
Belgium court orders Mehul Choksi extradition to India
In a major breakthrough for Indian authorities, a Belgian court has approved the extradition of fugitive diamantaire Mehul Choksi, wanted in the massive ₹13,000 crore Punjab National Bank fraud case.
Wall Street Wobbles on Regional Bank Fears
US stocks delivered a mixed performance as renewed concerns about regional banking stability rattled investor confidence. Discover how key indices reacted and what's driving the market uncertainty.
ICRA completes Fintellix India acquisition
Leading analytics firm ICRA completes acquisition of Fintellix India, expanding its risk management capabilities and strengthening its position in the financial technology sector.
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