HDFC Bank’s group entities have received RBI approval to acquire up to 9.50% in IndusInd Bank. The approval, valid until December 14, 2026, covers entities like HDFC Mutual Fund and HDFC Life Insurance. This precautionary measure was taken due to potential aggregate shareholding exceeding regulatory thresholds.Read More

RBL Bank shares will be in focus following the immediate resignation of its Chief Financial Officer, Buvanesh Tharashankar. Tharashankar stepped down to pursue opportunities outside the organization. The bank has already identified an interim successor as part of its succession plan. His resignation was accepted on December 15, with his duties ceasing that day.Read More

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Wall Street closed lower as investors awaited key economic data, including jobs and inflation reports, for clues on the interest rate outlook. Market participants are also assessing Federal Reserve candidate speculation and recent policymaker commentary. Major indices experienced declines, with healthcare stocks leading gains while technology lagged.Read More

The Reserve Bank of India is injecting Rs 1.5 lakh crore into the financial system. This move aims to prevent any cash crunch as advance tax and GST payments are due. The central bank is conducting a dollar-rupee buy-sell swap to add more liquidity. This action will help keep overnight interest rates stable.Read More

Consumer price inflation picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most economists said headline inflation appears to have bottomed out in October on account of lower food prices and one-time GST cut adjustment and expect it to inch up but will...Read More

According to the report, delinquency levels in the micro-LAP segment rose by 45 basis points (bps) year-on-year to 3.3% as of September 2025. Early delinquencies-measured as loans 90 days or more past due within 12 months on book-increased by 29 bps YoY to 2.2% for originations in the quarter ended September 2024. This is significantly...Read More

The bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings from multiple internal and external reports commissioned by the bank, including reviews conducted by Grant Thornton, PwC and EY, they said. The three executives were at the helm of IndusInd...Read More

The time taken to put a cyber insurance cover in place has shrunk dramatically to just a few days from six to seven months earlier, as companies move quickly to hedge against operational disruption, regulatory fines and potential indemnification exposure, said insurers and brokers.Read More