banking sector News

Binod Kumar Appointed as New MD and CEO of Indian Bank, Succeeding Shanti Lal Jain

Indian Bank welcomes Binod Kumar as its new MD and CEO, replacing Shanti Lal Jain. Kumar, with a rich background at PNB, is set to lead the bank into a new chapter of growth and in...

Citigroup Reports a 12% Surge in Q4 Revenues, Reaching $19.6 Billion

Citigroup Inc. has reported a 12% increase in Q4 revenues, reaching $19.6 billion, showcasing a significant year-over-year growth and highlighting the bank's strong financial perfo...

RBI Approves HDFC Bank's Plan to Increase Stakes in Three Leading Banks

HDFC Bank secures RBI approval to increase its group entities' stakes in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank, signaling a strategic expansion...

Projected Surge in NPAs by 2026: A Deep Dive into Banking Sector Stress Signals

Indian banks face a potential rise in NPAs by 2026, with RBI's stress tests indicating worsening asset quality, especially among private sector banks. The report also highlights vu...

Market Watch: Stocks Struggle to Maintain Recent Highs Amid Trading Dip

The stock market faced challenges in maintaining its recent highs, with a notable decrease in trading volumes on the Ho Chi Minh Stock Exchange. While some stocks experienced decli...