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Reserve Bank of India
117 posts
Equitas Small Finance Bank (EQUITASBNK) near Rs 54: Is the 18% selloff justified when the stock trades below book value?
Equitas Small Finance Bank Limited shares have fallen nearly 18% across two trading sessions following the announcement of managing director P. N. Vasudevan's planned departure, even as the lender reported its highest quarterly profit of ₹218 crore. With the stock valued at approximately 0.93 times reported book value, improving asset quality and a 13.5% annualised quarterly return on equity, investors face a difficult question about whether leadership uncertainty justifies the sharp valuation discount.
Indian rupee at 94.94 per dollar as oil shock threatens bonds and inflation outlook
India's currency and government bond markets face another difficult week as elevated crude oil prices and the Federal Reserve's approaching policy decision test recent RBI stabilisation measures.
HDFC Bank growth improves as margin and CEO tests converge
HDFC Bank's Q2 loan and deposit growth strengthened while asset quality improved, but net interest margin remains compressed and a CEO transition begins October 27. With the shares close to their 52-week low, profitability rather than balance-sheet growth is becoming the key valuation test.
SBI reports 3,897 customer records exposed on dark web as cyber investigation begins
State Bank of India says personal information relating to 3,897 customer records was identified on the dark web, while an independent investigation examines the source and extent of the exposure.
Why does Kaizad Bharucha’s exit matter just as HDFC Bank brings in its first external CEO?
HDFC Bank is entering one of its most consequential leadership transitions in years as Anup Bagchi prepares to become CEO and veteran deputy managing director Kaizad Bharucha exits after three decades.
Ujjivan Small Finance Bank Q2 profit triples to Rs 365cr, approves Rs 409cr equity raise
Ujjivan Small Finance Bank reported record quarterly profit, 35% higher net interest income and improving asset quality, while attracting fresh investment commitments from International Finance Corporation and three insurers. However, the stock declined nearly 2% as investors assessed growth, equity dilution and a leadership transition.
IDBI Bank’s Rs 52,878cr Fairfax deal clears Cabinet, but ownership transfer is not final
India's Cabinet has selected Fairfax Financial Holdings Limited's Canadian subsidiary to acquire 60.72% of IDBI Bank at ₹81 per share. The transaction could become India's largest financial-sector foreign investment, but regulatory approvals, funding and the proposed integration of insurance and capital markets businesses remain unresolved.
RBL Bank Q2 profit jumps 170% to Rs 482cr as deposits surge, but growth needs a closer look
RBL Bank Limited reported sharply higher profit, improved loan margins and stronger asset quality in Q2 FY27. However, a substantial part of its deposit and loan growth was linked to foreign-currency funding, making the underlying expansion more nuanced than the headline figures suggest.
India inflation rises to 5.54% as food prices reach 7.74% in September
India's retail inflation accelerated to 5.54% in September from 4.83% in August, while food inflation reached 7.74%. Rural inflation was higher than urban inflation, reinforcing concerns about household purchasing power just days after the Reserve Bank of India increased interest rates. The next question is whether price pressures will persist.
Virat Diwanji becomes Federal Bank Executive Director as retail franchise expands
The Federal Bank Limited has elevated National Head of Consumer Banking Virat Sunil Diwanji to Executive Director from October 12 after Reserve Bank of India approval. His appointment brings three decades of consumer-banking experience onto the board as the lender expands retail assets, improves margins and trades substantially above last year's levels.