IDFC First Bank Ltd.'s net profit more than doubled year-on-year (YoY) to Rs 1,075 crore in Q1FY27 from Rs 463 crore, marking the bank's highest-ever quarterly profit.

IDFC First Bank Ltd.'s net profit more than doubled year-on-year (YoY) to Rs 1,075 crore in Q1FY27 from Rs 463 crore, marking the bank's highest-ever quarterly profit.

RBL Bank mobilised $3.4 billion through FCNR(B) deposits under the RBI’s special forex swap facility by August 31.

The United Forum of Bank Unions (UFBU) is expected to go on a nationwide strike over the delay in implementing five-day banking, differences over the performance-linked incentive scheme, and several other demands.

HDFC Bank Ltd. is considering Kaizad Bharucha and Jimmy Tata as two internal candidates for the role of the next chief executive officer, according to two sources familiar with the matter who spoke to NDTV Profit on Sunday.
According to the Prime Database, banks have raised Rs 68,130 crore through CDs in August, the lowest since April 2026.

If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country.

Chowhan said the gains seen in the pharmaceutical contract development and manufacturing organisation (CDMO) space are sustainable.

UBS' preferred pick among the three is ICICI Bank, while it sees an asymmetric upside risk-reward profile for HDFC Bank.

Kotak Mahindra Bank names Anup Saha and Paritosh Kashyap as potential successors to Ashok Vaswani, with RBI approval awaited.

The proxy advisory firm said the bank must manage CEO succession alongside impending changes in its executive team and board after a series of governance-related developments in 2026.

HDFC Bank CEO Sashidhar Jagdishan will retire on October 26 after deciding not to seek another term.

The statement said Union Bank of India (UK), along with creditors including Canara Bank and LIC Housing Finance Ltd, had rejected the resolution plan and urged the NCLT not to approve it.