Banking News
Russia’s Sberbank is expanding in India with a New Delhi trade hub, wider banking presence and a planned $100 million investment programme.
Indian banks cut long-term FCNR(B) deposit rates by up to 310 basis points after the RBI-backed special fundraising window ended on August 31.
SBI and SBI Capital Markets plan to sell up to 1% of NSE through its proposed IPO as the exchange prepares a nearly ₹30,000 crore offer-for-sale.
HDFC Bank shares fall to a 30-month low as investors assess Sashidhar Jagdishan’s October exit, succession risks and governance concerns.
DBS Bank India plans selective retail-lending expansion focused on gold loans and property-backed credit as CEO Rajat Verma targets disciplined growth.
