Subrata Panda

Things 'should soon settle down': RBI on IndusInd Bank's measures

RBI says it is satisfied with IndusInd Bank's accounting clean-up post derivatives irregularities but stresses it will act if necessary and has sharpened supervision tools

RBI reviewing bank ownership structure, says Governor Sanjay Malhotra

RBI Governor Sanjay Malhotra says the central bank is examining bank ownership structure and eligibility norms for licensing to meet the growing needs of an expanding economy

Foreign investment in Indian corporate bonds hits 10-year high in May

May sees Rs 20,996 crore in foreign corporate bond investments, led by SP Group's $3.35 billion issue; RBI's relaxed norms add to momentum

Indusind Bank board under scrutiny following Sebi's ex-parte interim order

Indusind Bank chairman Sunil Mehta commits to addressing board accountability after Sebi's order highlighted accounting discrepancies and senior management awareness

Over ₹12,000 crore bond sweep by firms ahead of RBI policy verdict

Indian firms including Vedanta, Jubilant and HUDCO raised over Rs 12,000 crore from bonds ahead of the RBI's expected 25 bps repo rate cut, with strong demand from mutual funds

CA Basque loses right to nominate director on bank's board, says Yes Bank

Carlyle affiliate trims Yes Bank stake to 4.22% via ₹1,774.89 crore block deals and loses board nomination right; senior resignations and strategic restructuring continue

New DLG provisioning norms: Fintech bodies hope for relief from RBI

Collecting data from fintechs to substantiate likely impact of double-provisioning

Yes Bank to boost retail book with strong focus on internal customers

The bank plans to grow its retail book by 10-12% in FY26, reduce the cost of deposits, and improve asset yields

Bank fraud cases fell in FY25, amount rose threefold to ₹36,014 cr: RBI

Most cases in digital payments involved ₹520 crore, says regulator in annual report

LIC picks up Adani Ports and Special Economic Zone's entire Rs 5K cr issue

LIC fully subscribes to Adani Ports' Rs 5,000 crore 15-year bond issue at 7.75% in a privately negotiated deal, as other firms struggle to raise targeted amounts

Prashant Tripathy to step down as Axis Max Life MD & CEO in September

Axis Max Life CEO Prashant Tripathy to step down by September-end after six years at the helm; board to begin search for successor, subject to regulatory nods

We've won Ranji Trophy, we have to play Test cricket: Federal Bank MD & CEO

We have 18-20 per cent market share in Kerala, which is a huge regional strength, and now we want it to be a more nationally-recognised bank, says Federal Bank MD

Govt nominees in Payments Regulatory Board may help bridge RBI-FinMin gap

The top priorities for the new board could include decisions on how Unified Payments Interface (UPI) is incentivised in the future

Signs of stress: Microfinance disbursements fell sharply by 38% in Q4FY25

According to a report by credit bureau CRIF, disbursements rose 12.2 per cent sequentially to ₹71,580 crore, but were down 38 per cent year-on-year (Y-o-Y) from ₹1.15 trillion

RBI's wider risk buffer range aimed at flexibility in times of uncertainty

RBI revises CRB range to 4.5-7.5% under updated ECF, giving it flexibility to manage surplus transfers and avoid large fiscal shocks in volatile conditions

Open to investors to strengthen IIFL Samasta's capital base: Nirmal Jain

Nimal Jain shared the lender's strategies and growth plans for 2025-26 (FY26)

MSME delinquencies fall to 5-year low of 1.8%: Cibil-Sidbi report

Balance-level delinquencies are measured as 90 to 720 days past due and classified as sub-standard

Govt to have a say in new payments regulatory board with a significant role

RBI governor, as chair of the board, will have casting vote

IIHL ready to support IndusInd Bank through equity infusion: Hinduja

Shares of the lender closed 1.82 per cent higher on the BSE on Tuesday, despite trading in the red in the early session

IndusInd Bank Q4 results: Record ₹2,329 cr loss posted on accounting lapses

Bank books record quarterly loss after flagging accounting lapses, microfinance misreporting, and suspected fraud; FY25 profit falls 71 per cent to Rs 2,575 crore