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Friday, January 16, 2026

Tag: banking sector

US Banks Report 13% Income Growth as FDIC Fund Strengthens

FDIC reports strong Q3 2024 banking performance with rising profits, growing insurance fund, and fewer problem banks. Key insights for depositors and investors.

RBI Prioritizes Financial Stability Over Short-Term Growth: Governor

RBI Governor Sanjay Malhotra emphasizes financial stability as top priority, addresses rupee depreciation, and projects strong banking sector growth with global ambitions.

NBFCs Seek Lower SARFAESI Threshold in Pre-Budget Demands

NBFCs and microfinance sectors demand level playing field in debt recovery and tax treatment during pre-budget consultations with Finance Ministry.

Singapore Banks Q3 Results: DBS Hits Record High as UOB Profit Falls

Singapore banking sector shows mixed Q3 performance with DBS reaching new highs, UOB facing profit decline, and Sheng Siong hitting record share prices amid market movements.

Indian Banks Far More Mature Than Decade Ago: RBI Governor

RBI Governor Sanjay Malhotra reveals dramatic improvements in banking health with NPAs down to 2.3% and profitability surging, signaling stronger financial system.

India Set to Become 3rd Largest Global Economy, Says FM Sitharaman

Finance Minister announces India's rapid economic ascent from 10th to soon 3rd largest economy, with 25 million lifted from poverty and banking sector revival.

Canara Bank Q2 Profit Surges 19% to ₹4,774 Crore

Canara Bank reports strong Q2 FY26 results with 19% profit growth, improved asset quality, and 13.55% business expansion. Key financial metrics and future plans.

RBI Returns Jana Small Finance Bank Universal Bank Licence Application

RBI rejects Jana SFB's universal bank transition bid citing unmet eligibility criteria. Stock falls 2.14% as bank faces regulatory setback.

Kotak Mahindra Bank Q2 Profit Falls 3% to ₹3,253 Crore

Kotak Mahindra Bank reports 3% decline in standalone profit for Q2FY26 while showing improvement in asset quality and net interest income.

Emirates NBD Acquires 60% Stake in RBL Bank in $3 Billion Deal

Largest-ever FDI in Indian financial services as UAE's Emirates NBD secures controlling stake in RBL Bank through record $3 billion investment.

RBL Bank Employees Protest Emirates NBD’s ₹26,850 Crore Takeover

RBL Bank Employees Union protests largest foreign investment in Indian banking, calling it an onslaught on financial sovereignty while bank leadership welcomes the deal.