Banking

The federation has also objected to the lack of flexibility for employees under the NPS to change their pension fund manager, calling it a grave injustice impacting retirement savings.

Sources say Keki Mistry's role was intended as a "stop-gap" arrangement, and the chairman's position—by design—needs to be independent.

Gobind Jain has filed a civil suit against IndusInd Bank alleging 'unlawful termination'

Rathi will start in June and be based in Mumbai.

Check whether banks will remain on closed in West Bengal, Tamil Nadu, Assam, Kerala and Puducherry on counting day.

Mythos' advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses.

Kotak Mahindra Bank had shown a so-called expression of interest in IDBI Bank and received a fit-and-proper criteria by India's central bank, but did not submit a bid.

According to a notification issued by the Department of Personnel and Training (DoPT), his tenure will take effect on or after May 3.

Ashok Vaswani said the ongoing West Asia crisis will have some impact on various supply chains and presently the situation is very fluid on ground.

By rethinking branch design and service delivery, Axis Bank is strengthening its physical presence in dense urban locations while offering customers greater control, privacy, and convenience, the bank said in a statement.

Bank Holiday Today: On May 1, banks will be shut in Maharashtra, Delhi, Karnataka, Tamil Nadu, Telangana, Uttar Pradesh, Bihar, West Bengal, Assam, Kerala, Goa, Uttarakhand and Jammu & Kashmir.

The deal, expected to close within calendar year 2026, focuses on expanding Federal Bank's retail credit franchise and Tier-1 city presence.

Banks are looking to work with third-party technology providers as the finance ministry is not in favour of giving lenders direct access to Mythos, sources said.

Despite the SEBI approval, the deal remains subject to receipt of certain other regulatory approvals and customary conditions precedent.

Federal Bank's standalone profit jumped 22% to Rs 1,259 crore in the January-March quarter.

Bandhan Bank's core income or net interest income (NII), however, showed tepid growth of 1% YoY to Rs 2,800 crore in Q4.

Anand is currently HSBC's Global Coordinator for Global India, Middle East & North Africa and Europe, the British bank said in a statement on Wednesday. The appointment is effective April 24.

A Bank of Baroda PO's viral video underscores the benefits, stability, and work-life support that a career in public sector banking offers

AI is fundamentally reshaping credit portfolios of Indian financial institutions, according to a recent report from Canara Bank Research, which paints a dual picture on how AI is permeating India's banking ecosystem.

India's cold drink boom is driving the addition of one million coolers a year, Varun Beverages said. Here is why refrigeration is now key to growth.