bank news

Axis Bank Moody's rating set at Baa3 with stable outlook for GIFT City notes

Moody's assigned a Baa3 rating with stable outlook to Axis Bank's GIFT City senior notes under its $5 billion GMTN programme, the bank told BSE.

Axis Bank ESOP Share Allotment: 285,127 Equity Shares Issued

Axis Bank allotted 285,127 shares under its ESOP and RSU scheme, raising paid-up capital to Rs 6,223,299,068, according to its BSE filing.

Axis Bank Investor Meet Held in Mumbai with Daiwa Asset Management, Glass Lewis

Axis Bank held a group meeting with Daiwa Asset Management and Glass Lewis in Mumbai on August 4, according to its latest regulatory filing.

Axis Bank Investor Meet Scheduled in Mumbai on August 10

Axis Bank will hold an in-person group meeting with select investors in Mumbai on August 10, with its presentation available on the bank’s website.

IndusInd Bank Appoints Mr. Viral Damania as Chief Financial Officer

IndusInd Bank announces the appointment of Viral Damania as Chief Financial Officer. He brings over 27 years of banking and professional services experience.

Bank of Baroda, in collaboration with CERSAI

Bank of Baroda with CERSAI conducted an awareness program on Central KYC Record Registry in Ahmedabad on 15 Sept 2025. The event guided RBI regulated entities on enhancing KYC processes and improving customer experience.

Indian Overseas Bank Executive Director's Tenure Extended

The Government has extended the tenure of Joydeep Dutta Roy, Executive Director of Indian Overseas Bank, for an additional three years. This extension will ensure leadership continuity as IOB pursues its growth and strategic objectives.

IndusInd Bank’s Head of Digital Banking Resigns

Charu Sachdeva Mathur, Head of Digital Banking & Strategy at IndusInd Bank, resigns after 12 years of pioneering digital initiatives.

YES BANK Receives High ESG Rating for FY 2024-25

YES BANK has been assigned an ESG rating of 87 for the 2024-25 financial year by CFC Finlease, an independent SEBI-registered rating provider. The rating reflects the bank's strong performance in environmental, social, and governance practices.

RBI Approves HDFC Bank’s Utilization of Share Premium for 1:1 Bonus Issue

HDFC Bank secures RBI approval to use share premium for a 1:1 bonus share issue and amend its Memorandum to raise authorised share capital. Shareholder vote ends August 21, 2025.

Bank of Baroda Launches Employee-Centric Financial Offerings Through Strategic Partnership

Bank of Baroda’s latest partnership focuses on delivering tailored financial solutions for institutional employees. The initiative emphasizes convenience, value-added services, and long-term financial wellbeing.

IDFC FIRST Bank Raises Rs 4876 Crore via CCPS Allotment to Currant Sea Investments BV

IDFC FIRST Bank has issued 81.26 crore CCPS to Currant Sea Investments BV at Rs 60 per share, raising Rs 4876 crore to boost growth and capital strength.

IOB Gets Rs 1146 Crore Income Tax Refund – Major Boost to Bank Finances

IDFC FIRST Bank Grants 1.6 Lakh Stock Options to Employees Under ESOP Scheme

Nomination & Remuneration Committee Approves Vesting Over Four Years with Three-Year Exercise Period

Bank of India and JSW MG Ink Strategic MoU for Dealer Financing via BOI TradeEasy

Partnership to Boost MG Select Channel Dealer Support with Streamlined Financial Solutions

Bank of Maharashtra to Host Q1FY26 Earnings Conference Call on 15th July 2025

Bank of Maharashtra announces a conference call with analysts and investors to discuss Q1FY26 results on 15th July 2025 at 3:00 PM IST.

Bank of Baroda Bags the 1st Runner up Position under the Top Performing Banks Category in EASE 7.0

IndusInd Bank Launches ‘INDIE for Business’ to Empower India’s 60 Million MSMEs

IndusInd Bank launches ‘INDIE for Business,’ a digital-first platform to support 60 million Indian MSMEs with seamless banking, digital onboarding, and financial tools.

ICICI Bank Allots 4.29 Lakh Equity Shares Under Employee Stock Option Scheme

ICICI Bank allots 4.29 lakh equity shares under ESOP 2000 scheme; approval granted by Executive Directors as per Board delegation.