#Banking Sector

UCO Bank Smashes FY27 Credit Targets as Q2 Profit Surges 26.7%

UCO Bank reports a strong ₹785.64 crore Q2 net profit. The lender easily beat initial credit growth guidance. An aggressive 24.70% advance expansion pushes the CD ratio higher. Management turns to overseas FCNR funding to manage liquidity.

RBI's 5-Point Warning: Why a 24.6% Bank Buffer Might Not Save You

RBI Governor Sanjay Malhotra confirms India's financial system is surviving the West Asia crisis. But he warns that today's stability often breeds tomorrow's disaster. Explore the hidden AI, debt, and cyber risks threatening the global economy.

RBI MPC October 2026: Repo Rate Decision Set for October 7

India's Monetary Policy Committee convenes October 5 to 7, 2026, facing a historic policy call. With Q1 GDP growth at 7.8% & retail inflation broadening across half the CPI basket, the panel must decide whether to hold at 5.25% or hike to 5.50%.

Anup Kumar Saha to Succeed Ashok Vaswani as Kotak Mahindra Bank MD & CEO in 2027

RBI approves Anup Kumar Saha as Kotak Mahindra Bank's new MD & CEO for a three-year term starting January 2027. Discover his Bajaj Finance background and the strategic shift toward retail lending.

Anish Thurthi CSB Bank Board Shake-Up

A ₹150-crore quarterly profit. A 47% explosion in gold loans. Now, promoter FIH Mauritius plants a 200-deal M&A veteran directly onto CSB Bank’s reconstituted board. Here is what this explosive governance shift means for investors.

RBI Absorbs ₹2.23 Lakh Crore via VRRR, Deploys ₹1 Lakh Crore OMO Sales

The Reserve Bank of India deployed a coordinated monetary strategy to tackle a ₹7.38 lakh crore banking liquidity overhang. The central bank absorbed ₹2.23 lakh crore via a 14-day VRRR auction at 5.24% while initiating ₹1 lakh crore in OMO bond

Enamul Huque Appointed CEO of Standard Chartered Bangladesh

Standard Chartered Bangladesh officially names Enamul Huque as its new Chief Executive Officer. Huque brings 25 years of experience to lead the bank into its next growth phase, starting Sept 1, 2026.