Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Kotak Mahindra Bank faces investor disappointment as it pushes back its return on equity target to FY26. Discover how capital adequacy challenges and regulatory pressures are reshaping India's banking landscape.
Discover why Axis Bank is generating buzz as a potential value stock in India's banking sector. Expert analysis on growth prospects, financial metrics, and market positioning.
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
ICICI Bank extends Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
State Bank of India announces massive recruitment drive for 3,500 officers this year with strong focus on gender diversity. Banking sector shows robust job growth amid economic expansion.
State Bank of India launches recruitment drive for 18,000 positions including officers, clerks & junior associates with strong focus on gender diversity and women employment.
Kotak Mahindra Bank reports robust Q2 FY26 performance with consolidated profit reaching ₹4,468 crore. Strong growth in loan book and deposits signals healthy banking sector recovery. Read full analysis of financial results and future outlook.
The Reserve Bank of India approves C S Rajan's continuation as part-time chairman of Kotak Mahindra Bank, bringing stability and experienced leadership to the private sector lender.
Kotak Mahindra Bank forecasts net interest margin improvement in second half of FY25 while maintaining stable asset quality despite retail stress concerns.
Critical maintenance will disrupt BESCOM's digital services including bill payments and new connections from October 27-30. Bengaluru residents urged to complete urgent electricity-related work beforehand.
The Reserve Bank of India's new circular permits banks to fund corporate acquisitions, unlocking massive opportunities for M&A deals and private credit markets in India. Discover how this regulatory shift will reshape corporate financing.
Kotak Mahindra Bank reports mixed Q2 FY2025 results with net profit declining 2% to ₹3,253 crore while Net Interest Income grows 4%. Discover the key drivers behind these numbers and what they mean for investors.
Federal Bank's board approves preferential warrant issue to Blackstone-owned FIH Mauritius Investments, strengthening capital base for future growth opportunities in competitive banking sector.
Delhi High Court delivers crucial judgment safeguarding banks' mortgage rights against SC/ST Act misuse. Learn how this ruling protects financial institutions while balancing social justice laws.
RBI's Financial Stability Report reveals alarming parallels between India's NBFC sector and the US subprime auto loan crisis. Discover the regulatory gaps and systemic risks threatening India's financial ecosystem.
Major AWS outage disrupts global services, revealing hidden vulnerabilities in AI infrastructure and raising questions about cloud computing reliability in the AI era.
A massive AWS outage in October 2024 revealed critical vulnerabilities in our cloud-dependent digital infrastructure, disrupting major services across India and globally. Discover what went wrong and why experts call it a wake-up call for digital resilien
A simple human error during routine maintenance caused widespread internet disruption across India, affecting services like Airtel, PhonePe, and McDonald's. Discover how Amazon Web Services' major outage exposed our digital dependency.
A massive AWS outage brought down major internet services worldwide, from streaming platforms to smart home devices. Amazon confirms systems are back online after hours of technical turmoil.
Amazon Web Services faced massive global disruption affecting apps and services across continents. The tech giant scrambles to restore normalcy after hours of chaos.
Amazon Web Services experienced a massive global outage affecting millions of users worldwide. Major platforms including Snapchat, Venmo, and Reddit faced service disruptions in one of the most significant cloud computing failures of 2024.
Discover why Goldman Sachs predicts a golden era for Indian banks with strong credit growth, healthy profits, and digital transformation driving unprecedented opportunities.
Major Indian banks including SBI, ICICI, HDFC, and Axis Bank may need to set aside ₹75,000 crore as RBI's Expected Credit Loss framework reshapes banking provisions. Learn how this game-changing regulation impacts profitability and lending.
Discover why India's Gen Z professionals are abandoning stable banking jobs in favor of flexible work arrangements, better work-life balance, and mental wellness.
Tesla CEO Elon Musk takes a hilarious jab at Amazon Web Services following widespread outage that affected millions. Discover his witty response and why he prefers his own infrastructure.
Widespread service disruptions reported across multiple popular platforms including Amazon Prime Video, Snapchat, Alexa, and Canva affecting users nationwide. Downdetector confirms massive outage spike.