IOB Plans ₹5,000 Crore QIP to Cut Government Stake to About 86%; Eyes $500 Million via ECBs
Indian Overseas Bank plans to raise Rs 5,000 crore through a QIP at the end of Q3 or early Q4…
27 OCT 2026
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Banks Pull Back from Forex Buy-Sell Swaps into US Treasury Bills After Sensing RBI Discomfort
Some large Indian banks have shelved or unwound forex buy-sell swap trades that parked FCNR-linked surplus funds in US Treasury…
27 OCT 2026
SBI Launches CyRIS Cybersecurity Centre of Excellence to Build Intelligence-led Cyber Resilience for Banking
State Bank of India has opened CyRIS, a Cybersecurity Centre of Excellence inaugurated by DFS Secretary Sanjay Lohiya in the…
27 OCT 2026
Karta AI Raises $3 Million Seed Round Led by PeerCapital and Cedar Hill Capital to Scale Inbound Voice AI for BFSI
Bengaluru-based Karta AI has raised USD 3 million in a seed round led by PeerCapital and Cedar Hill Capital to…
26 OCT 2026
SBI Securities Appoints Ayaskant Mohapatra as Chief Technology Officer
SBI Securities has appointed Ayaskant Mohapatra as Chief Technology Officer (CTO) at SBICAP Securities Ltd., strengthening its technology leadership as…
23 OCT 2026
GreyLabs AI Partners with Federal Bank to Deploy Voice AI Across Customer Interactions
GreyLabs AI has partnered with Federal Bank to bring Voice AI into everyday customer interactions, with applications spanning collections, card…
07 OCT 2026
HDFC Bank Appoints V.N. Srivatsan as Chief Compliance Officer
HDFC Bank has appointed V.N. Srivatsan as its new Chief Compliance Officer (CCO) for a three-year term, effective January 4,…
05 OCT 2026
ICICI Prudential Life Insurance Appoints Sidharatha Mishra as MD & CEO
ICICI Prudential Life Insurance Company Limited has appointed Sidharatha Mishra as Managing Director and Chief Executive Officer, effective October 14,…
05 OCT 2026
NBFCs Account for 47% of New-to-Credit Consumer Originations: FIDC-TransUnion CIBIL Report
Mumbai, October 5, 2026: Non-Banking Financial Companies (NBFCs) have emerged as a major gateway to formal credit in India, accounting…
05 OCT 2026
Federal Bank Appoints Virat Diwanji as Executive Director
Federal Bank has appointed Virat Diwanji as Executive Director, effective October 12, 2026, following approval from the Reserve Bank of…
01 OCT 2026
