Tag: Banking Sector

How China chokes foreign banks

How China chokes foreign banks

Although foreign banks have been in China for decades, they have failed to grow...

SBI Q4 profit rises 5.6 pc to Rs 19,684 crore; FY26 earnings cross Rs 80,000 crore

SBI Q4 profit rises 5.6 pc to Rs 19,684 crore; FY26 earnings...

State Bank of India on Friday reported a modest 1.1 per cent year-on-year (YoY)...

Indian banks well-capitalised to handle RBI ECL shift: Report

Indian banks well-capitalised to handle RBI ECL shift:...

Indian banks are well-placed to weather the shift to the Reserve Bank of India’s...

Axis Bank cuts nearly 3,000 jobs as tech investments boost productivity

Axis Bank cuts nearly 3,000 jobs as tech investments boost...

Axis Bank on Saturday reported a marginal decline in its employee headcount at the...

FM Sitharaman warns of ‘unprecedented’ risks from Anthropic’s Mythos AI, says banks must stay vigilant

FM Sitharaman warns of ‘unprecedented’ risks from Anthropic’s...

Finance Minister Nirmala Sitharaman on Friday said that Indian banks are adequately...

DC felicitates Lead District Manager and Bank DCOs for outstanding performance

DC felicitates Lead District Manager and Bank DCOs for...

Deputy Commissioner Himanshu Jain on Friday felicitated Lead District Manager Gurdeep...

HDFC Bank takes biggest hit as market valuation plunges over Rs 56,000 crore in last week

HDFC Bank takes biggest hit as market valuation plunges...

HDFC Bank emerged as the biggest loser among India’s most-valued companies last...

No material concerns, HDFC Bank has sound financials: RBI

No material concerns, HDFC Bank has sound financials: RBI

The Reserve Bank of India (RBI) on Thursday said that HDFC Bank is a Domestic Systemically...

Amex stock plunges 4.3 pc after Trump pushes 10 pc cap on credit card rates

Amex stock plunges 4.3 pc after Trump pushes 10 pc cap...

Shares of major US card issuers and banks, including American Express, have tumbled...

Jan Dhan accounts now hold Rs 2.75 lakh crore

Jan Dhan accounts now hold Rs 2.75 lakh crore

India’s financial inclusion drive has reached a major milestone, with Jan Dhan accounts...