Bandhan Bank brings Rohit Shetty for Cyber Cop mission
India mein cybercrime bahut fast badh raha hai. 2025 mein ₹22,495 crore ka loss report hua aur 24 lakh+ complaints register hui. AI (Artificial Intelligence) ke use se banking easy hua hai, lekin fraud ke naye tareeke bhi badh gaye hain. Ek survey ke according, 84% banking leaders ne kaha ki fraud cases increase hue […]
HDFC Bank trims workforce amid tech, AI ramp up
HDFC Bank ne FY26 me 3,343 employees (1.56%) kam kiye, jo 9 saal me pehli baar hua hai. Reason hai technology aur AI ka zyada use, jisse kaam faster aur efficient ho gaya. Axis Bank ne bhi ~3,100 employees reduce kiye, kyunki technology investments se productivity badhi hai. HDFC Bank ke CEO Sashidhar Jagdishan ke […]
FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive
Nirmala Sitharaman will meet public sector bank (PSB) heads to review progress of foreign currency deposits campaign. The aim is to attract NRI/OCI investors to deposit money in Indian banks. Reserve Bank of India has removed interest rate limits (till Sept 30) on FCNR(B) deposits (3–5 years) to make them more attractive. This step is […]
Indian Bank aims to recover up to ₹5,500 crore from bad loan in FY27
Indian Bank plans to recover ₹4,500–₹5,500 crore from bad loans in FY27. In the first quarter, it has already recovered ₹1,885 crore. Around ₹500 crore is expected from cases in NCLT (bankruptcy cases). The bank is also raising foreign currency deposits (FCNR-B): Collected $140 million so far Target is $2 billion by September Indian Bank […]
RBI is right to act on digital payment fraud. But some safeguards need sharper design
India mein digital payments ke saath cyber fraud cases aur losses badh rahe hain. Isko control karne ke liye RBI naye safety rules laane ka plan kar raha hai. Main steps: Bade transactions par 1-hour delay (fraud hone par rokne ka time milega) Extra security checks for risky users Mule accounts (fraud accounts) par strict […]
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank is planning to grow in two ways:(1) Acquisitions (buying other businesses) and(2) Organic growth (growing on its own) Recently, the bank bought Deutsche Bank’s retail business in India to increase customers and expand its reach. The bank also wants to benefit from India’s growing economy. Its strong financial position and experienced management […]
Indian Bank, Bank of Maharashtra begin Q1 earnings season on a high
Banking sector ki earning season ki strong start hui. Indian Bank ka profit 10% YoY badhkar ₹3,272 crore ho gaya. Bank of Maharashtra ka profit 27% YoY badhkar ₹2,020 crore ho gaya. Results ke baad Indian Bank ka share ~10% upar gaya, aur Bank of Maharashtra ~3% upar. Indian Bank ki: Income aur loans (advances) […]
Bank credit growth hits two-year high of 18.6% in June-end fortnight
Bank lending increased 18.6%, the highest in 2 years. Banks gathered nearly ₹7 trillion in deposits, showing strong growth. In the last two weeks of June: ₹3.8 trillion loans issued and ₹6.97 trillion deposits added. This rise was driven by quarter-end pressure and foreign fund inflows. MSME lending improved due to the government’s ECLGS 5.0 […]
Bank credit growth seen moderating as corporates diversify funding
Bank loan growth is expected to slow down a bit. This is because big companies (corporates) are not depending only on banks anymore. They are raising money from other sources like bonds, stock market, or foreign funding. Companies ab sirf bank se loan nahi le rahi, dusre options use kar rahi hain, isliye banks ka […]
Star Health, SBI Life, Max Financial among insurers seen delivering strong FY27
India’s insurance companies are expected to earn more profit in the coming time. This is because more people are buying insurance policies and companies are managing costs better. Also, claims (payouts) are becoming more controlled, which helps profits.: Insurance companies ka profit badhne wala hai kyunki business grow ho raha hai aur expenses control mein […]