indian banking sector

Union Bank Q1 results: Net profit rises 12% to Rs 4,116 crore; asset quality improved

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Union Bank of India reported a 12% increase in net profit, reaching Rs 4,116 crore for Q1 FY26, driven by higher interest income. While net ...

Most banks see muted loan growth in June quarter

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India’s banking sector experienced a slowdown in the June quarter, marked by subdued credit growth and inconsistent deposit performance. HDFC Bank, along with Punjab National ...

‘Largest share sale through QIP’: SBI plans Rs 25,000 crore Qualified Institutional Placement; appoints six banks for first share sale in 8 years

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State Bank of India (SBI) is set to raise up to Rs 25,000 crore through a qualified institutional placement (QIP), its first in eight years, ...