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  • Exit Under Scrutiny, Pay Untouched: What HDFC Bank Paid Atanu Chakraborty In FY26
    Exit Under Scrutiny, Pay Untouched: What HDFC Bank Paid Atanu Chakraborty In FY26

    The former Economic Affairs Secretary who resigned as HDFC Bank's part-time chairman amid a governance row, was paid Rs 59 lakh in sitting fees and Rs 48.25 lakh in fixed remuneration in FY26, nearly his full annual entitlement.

    • Jul 13, 2026 00:09 am IST
    • Author:  Abhishek Jha
  • At HDFC Bank, CEO Not The Highest Paid In FY26 — Deputy MD Takes The Crown
    At HDFC Bank, CEO Not The Highest Paid In FY26 — Deputy MD Takes The Crown

    The bank's annual report shows deputy MD Kaizad Bharucha earned Rs 17.14 crore in FY26, while CEO Sashidhar Jagdishan drew Rs 15.13 crore, nearly Rs 2 crore less.

    • Jul 13, 2026 00:04 am IST
    • Author:  Abhishek Jha
  • Atanu Chakraborty's Exit Raised Governance Questions, Says HDFC Bank Chief Jagdishan
    Atanu Chakraborty's Exit Raised Governance Questions, Says HDFC Bank Chief Jagdishan

    Jagdishan said HDFC Bank had continued to enhance its internal frameworks and refresh key control processes as part of its ongoing governance efforts.

    • Jul 12, 2026 03:55 am IST
    • Author:  NDTV Profit News
  • Bank Deposits Jump Rs 7 Lakh Crore In A Fortnight, Third Highest In 29 Years —  Here's Why
    Bank Deposits Jump Rs 7 Lakh Crore In A Fortnight, Third Highest In 29 Years — Here's Why

    SBI Research said India has received $7 billion in FII inflows since the measures announced by the Government to bring foreign inflows and boost the rupee.

    • Jul 11, 2026 17:57 pm IST
    • Author:  Tanmay Tiwary
  • State Bank Of India Draws Over $1.5 Billion In Offshore Deposits
    State Bank Of India Draws Over $1.5 Billion In Offshore Deposits

    The drive to raise money from the diaspora revived a playbook last used by lenders during the 2013 taper tantrum, when India garnered about $34 billion to stem the rupee's decline.

    • Jul 09, 2026 00:14 am IST
    • Author:  Bloomberg News
  • Chasing Profitability, Large Pure-Play Payments Firms Diversify In Lending, Other Financial Services Biz
    Chasing Profitability, Large Pure-Play Payments Firms Diversify In Lending, Other Financial Services Biz

    Industry officials expect further diversification over the next few years, with payment companies likely to deepen their presence in secured and unsecured lending, wealth management, insurance distribution and merchant financial services.

    • Jul 08, 2026 19:57 pm IST
    • Author:  Piyush Shukla
    • Edited by:  Hemarghya Bal
  • ATMs Running Dry? Banks Face Scrutiny Over Cash Shortages As RBI Takes Stock Of Situation
    ATMs Running Dry? Banks Face Scrutiny Over Cash Shortages As RBI Takes Stock Of Situation

    The RBI is understood to have sought details of cash inventories at bank branches to determine whether lenders are maintaining adequate cash to replenish ATMs in a timely manner.

    • Jul 07, 2026 22:07 pm IST
    • Author:  Piyush Shukla
  • End Of Perks Era? Banks Slash Credit Card Rewards As Profit Margins Shrink
    End Of Perks Era? Banks Slash Credit Card Rewards As Profit Margins Shrink

    Several banks have tightened redemption benefits and raised eligibility thresholds for premium perks such as airport lounge access.

    • Jul 07, 2026 18:32 pm IST
    • Author:  Piyush Shukla
  • ICICI Prudential Life Insurance Changes Name To ICICI Life Insurance
    ICICI Prudential Life Insurance Changes Name To ICICI Life Insurance

    Naveen Tahilyani also submitted his resignation as non-executive director of ICICI Life Insurance with effect from Monday.

    • Jul 06, 2026 21:06 pm IST
    • Author:  Prajwal Jayaraj
  • SBI To Recruit 1,500 Probationary Officers In 2026 To Drive Business Growth
    SBI To Recruit 1,500 Probationary Officers In 2026 To Drive Business Growth

    The last date for application is July 8, and the bank expects to complete the entire process by December.

    • Jul 06, 2026 01:29 am IST
    • Author:  Press Trust India
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