banking sector

Yes Bank stake sale: CCI clears SMBC plan for up to 24.99% holding, Japanese lender set to become top shareholder

September 2, 2025

The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to a 24.99% stake in Yes Bank. This ...

Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending

August 23, 2025

The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire up to 24.99% stake in Yes Bank. This follows ...

Bank of Baroda net rises 1.9% to Rs 4.5k cr

July 26, 2025

Bank of Baroda: A Steady Climb to New Heights The banking sector is a bit like watching a long-distance runner. You’re not just looking at ...

LIC invests ₹5,000cr in SBI’s ₹25k cr QIP

July 22, 2025

LIC Doubles Down on SBI: A Bold Move or Calculated Play? The financial world is buzzing, and for good reason. The Life Insurance Corporation of ...

Indian Overseas Bank Q1 earnings: Profit hits Rs 1,111 crore; aims 12% annual growth

July 21, 2025

Indian Overseas Bank (IOB) has announced a record net profit of Rs 1,111 crore for Q1 FY26, a 76% increase year-on-year. Confident in sustaining this ...

HDFC & ICICI Bank report strong earnings with record profits in Q1

July 20, 2025

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced ...

HDFC & ICICI Bank report strong earnings with record profits in Q1

July 20, 2025

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced ...

HDFC & ICICI Bank report strong earnings with record profits in Q1

July 20, 2025

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced ...

HDFC & ICICI Bank report strong earnings with record profits in Q1

July 20, 2025

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced ...

HDFC & ICICI Bank report strong earnings with record profits in Q1

July 20, 2025

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced ...

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Gold loans surge as small borrowers shun MFIs: 122% jump in June, shows RBI data; soaring prices, lower rates fuel shift

September 16, 2025

Lower-income individuals are increasingly opting for gold loans over microfinance due to rising gold prices and stricter MFI lending norms. Gold-backed loans have surged by ...

India’s first private-sector strategic petroleum reserve! Megha Engineering bags Rs 5,700-crore project; why it’s important

September 16, 2025

Megha Engineering has secured a Rs 5,700 crore contract to build and manage India’s first private strategic petroleum reserve in Padur, Karnataka. This 2.5 MMT ...

Russia’s economy to outpace global growth; focus on fiscal stability, technology and foreign ties: Putin

September 16, 2025

Vladimir Putin emphasized Russia’s need for economic growth to surpass global rates, linking fiscal stability and project implementation to economic performance. He advocated leveraging domestic ...

India-US trade deal: First in-person talks since Donald Trump imposed 50% tariffs; what to expect

September 16, 2025

India and the US are set to resume trade talks, the first since the US imposed tariffs on New Delhi over Russian oil purchases. The ...

Employment rate: Joblessness dips for 2nd month as figure eases to 5.1% in August

September 16, 2025

India’s unemployment rate witnessed a decline for the second consecutive month, reaching 5.1% in August 2025, according to the Periodic Labour Force Survey. This decrease ...