RBI: Credit Growth Soars to 16.1%, Signals Economic Revival
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.
Category : Banking
ICICI Bank extends CEO Sandeep Bakhshi's tenure by one year
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.
SBI Hiring 3500 Officers: 30% Women Workforce Target
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.
ICICI Securities Bullish on Jio and Airtel Growth
ICICI Securities predicts strong growth for Reliance Jio and Bharti Airtel as India's telecom sector enters profitable phase with rising tariffs and 5G expansion.
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.
Chhath Puja 2025 Bank Holidays: Oct 27-28 Status
Planning your banking activities for Chhath Puja 2025? Get the complete state-wise holiday list for October 27 and October 28. Find out which states will have bank closures and plan your financial transactions accordingly.
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 okays C S Rajan's reappointment as Kotak Bank chairman
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.
RBI Uses Forex Reserves to Fix Banking Liquidity Crisis
The Reserve Bank of India intervenes with $5 billion forex swap to ease banking system's liquidity deficit. Discover how this strategic move impacts interest rates, deposits, and the broader economy.
5-Day Bank Holiday Alert: Oct 27-Nov 2 Closures
Essential guide to bank closures across India from October 27 to November 2. Region-wise holiday list for planning your financial transactions effectively.
LIC Defends Adani Investments Amid Congress Probe Demands
India's insurance giant LIC addresses controversy over Adani Group exposure while Congress demands high-level probe. Get the complete breakdown of this financial showdown.
Kotak Bank Eyes H2 Margin Recovery, Asset Quality Stable
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
IBPS Clerk Prelims Result 2025: Expected Date & Details
Awaiting your IBPS Clerk Prelims 2025 results? Get the latest updates on expected result dates, checking procedure, and preparation tips for the mains exam. Your complete guide to what comes next in the banking recruitment process.
Bengaluru potholes claim young banker's life
Tragic death of Aditya Prabhu highlights Bengaluru's worsening road infrastructure crisis as pothole-ridden streets turn deadly for commuters and pedestrians.
Woman banker killed in Bengaluru pothole accident
A 36-year-old woman banker died in a horrific accident near Bengaluru after falling from a bike and being run over by a truck on a dangerous, pothole-filled road. The incident highlights the city's ongoing infrastructure crisis.
LIC: Adani investments based on independent due diligence
India's insurance giant LIC clarifies its substantial investments in Adani Group companies were based on thorough internal analysis and independent due diligence, dismissing speculation about government influence.
Kotak Bank Q2 Profit Dips 3% to ₹3,253 Crore
Kotak Mahindra Bank reports 3% decline in Q2 net profit to ₹3,253 crore despite NII growth. Discover the factors behind the mixed performance and what lies ahead for the private sector lender.
Congress: LIC's ₹30K Cr Policyholder Funds Misused for Adani
Indian National Congress accuses government of systematically diverting LIC funds to support Adani Group companies, putting 30 crore policyholders' savings at risk.
LIC Denies Washington Post Report on Adani Investments
India's insurance giant LIC has categorically denied a Washington Post report, asserting all Adani Group investments were made independently following comprehensive due diligence processes.
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.
LIC Denies Washington Post Allegations About Investments
India's insurance giant LIC strongly refutes Washington Post claims of external pressure in investments. Get the full story on this developing controversy.
HDFC Pension Plans to Double Subscriber Base in Coming Years
HDFC Pension Management Ltd announces aggressive expansion strategy targeting 2x growth in subscriber numbers through digital transformation and NPS promotion across India.
Bank Holiday Oct 25: State-wise Banking Status
Planning bank visits this Saturday? Check our comprehensive state-wise guide to bank holidays on October 25. Know exactly which states have operational banks and which don't.
Karnataka HC protects bank-mortgaged properties from ED
In a significant ruling, Karnataka High Court dismisses ED's appeal, protecting bank-mortgaged properties from attachment in money laundering cases. Landmark judgment strengthens banking security.
India's Forex Reserves Cross $700 Billion Mark
India's foreign exchange reserves cross the monumental $700 billion threshold, driven by surging gold valuations while foreign currency assets see marginal decline in latest RBI data.
ICRA reaffirms SBI Cards ratings, boosts loan limits
ICRA reaffirms SBI Cards' strong credit ratings with stable outlook while enhancing term loan limits, signaling robust financial health and growth prospects in India's credit card sector.
RBI caps bank lending for corporate takeovers at 70%
In a major regulatory move, the Reserve Bank of India caps bank financing for corporate acquisitions at 70% of deal value to curb excessive leverage and strengthen financial stability.
UPI to Hit 20 Billion Transactions in Oct 2025
India's UPI payment system is gearing up for an unprecedented achievement - crossing 20 billion monthly transactions for the first time in October 2025. Discover the driving forces behind this digital payment revolution.
RBI Buys Gold, Reduces US Treasury Holdings: Strategy Explained
Discover why RBI is aggressively buying gold while reducing US Treasury holdings. Strategic diversification, de-dollarization trends, and economic security explained.
India's Forex Reserves Soar Past $702 Billion Mark
India's foreign exchange reserves surged by $4.496 billion, reaching an impressive $702.28 billion for the week ended July 5, 2024, showcasing robust economic stability.
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