bank news
Bank of India MCLR Unchanged From October 1; One-Year Rate Stays at 8.80%
Bank of India retains its lending benchmarks from October 1, with one-year MCLR at 8.80%; the filing also details changes to fixed-rate lending spreads.
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bank news
Federal Bank Gets RBI Nod for Virat Sunil Diwanji as Executive Director for 3 Years
Federal Bank has secured RBI approval for Virat Sunil Diwanji's three-year executive director term from October 12, 2026, subject to shareholder approval.
bank news
DCB Bank ESOP allotment: 10,450 equity shares issued to employees
DCB Bank allotted 10,450 equity shares to employees under its ESOP, increasing its issued and paid-up share count to 322,189,412, according to its BSE filing.
bank news
South Indian Bank Strike Call for September 28–30 May Affect Branch Services
South Indian Bank flags possible branch disruption during a September 28–30 strike call; ATMs and digital channels will function, the bank told exchanges.
bank news
Bandhan Bank Disclosure Authority Revised as Vinay Jain Takes Interim CFO Role
Bandhan Bank revises its authorised disclosure officials from September 26 as Vinay Jain begins his interim CFO tenure, with materiality powers specified.
bank news
Kotak Mahindra Bank subsidiary merger: KMIL to combine with KAAML
Kotak subsidiary boards approve KMIL merger with KAAML at a 7 for 6 share ratio, subject to approvals, with no change in the bank's shareholding pattern.
bank news
Bandhan Bank Credit Ratings Reaffirmed by ICRA for Rs 3,000 Crore CDs, Rs 75 Crore NCDs
ICRA reaffirmed Bandhan Bank's ratings on Rs 3,000 crore certificates of deposit and Rs 75 crore NCDs, retaining a Stable outlook on the debenture rating.
bank news
South Indian Bank ESOS: Board Grants 5,30,916 Options to MD & CEO P R Seshadri
South Indian Bank granted 5,30,916 options to MD and CEO P R Seshadri as FY26 variable pay, with a Rs 23.54 exercise price and vesting over three years.
bank news
Utkarsh Small Finance Bank NCD Allotment: ₹300 Crore at 11.75% Coupon
Utkarsh Small Finance Bank approved a ₹300 crore NCD allotment with a seven-year tenure and quarterly interest payments; BSE debt listing is proposed.
bank news
Equitas Small Finance Bank NCDs: Rs 500 crore allotted at 9.95% coupon
Equitas Small Finance Bank allotted Rs 500 crore of Lower Tier II bonds with a 9.95% annual coupon, a ten-year tenure and proposed listing on BSE Limited.
bank news
CSB Bank Appoints Anish Thurthi as Additional Director, Reconstitutes Board Committees
CSB Bank appoints promoter nominee Anish Thurthi as an additional director from September 25, 2026, and revises three board committees from September 26.
bank news
AU Small Finance Bank investor presentation filed with NSE, BSE
AU Small Finance Bank filed its investor presentation with NSE and BSE, outlining deposit growth, asset quality, Universal Bank plans and technology strategy.
bank news
Punjab & Sind Bank to Consider Foreign Currency Funds Through Debt Issuance
Punjab & Sind Bank will consider raising foreign currency funds through debt issuance at its September 29 board meeting, according to its BSE filing to
bank news
South Indian Bank Strike Alert: September 11 Branch Services May Be Affected
South Indian Bank says a proposed September 11 strike may affect branches, offices and departments, while ATMs and digital channels will remain available.
bank news
Eris Lifesciences Loan: Company Draws Rs 45 Crore From Axis Bank
Eris Lifesciences has drawn a Rs 45 crore Axis Bank term loan to meet other liabilities, with no impact expected on its quarter-end net debt estimate.
bank news
PNB Strike Notice: September Dates Flagged, Continuous Strike Called From October 26
Punjab National Bank flags possible branch and office disruption as unions call September strikes and a continuous strike from October 26, 2026.
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IDBI Bank Strike Notice: UFBU, AIBOA Propose Action on September 11
IDBI Bank has disclosed a proposed September 11 strike notice from UFBU and AIBOA. The exchange filing does not specify any impact on banking services.
bank news
Indian Bank NSE share sale: Up to 15 lakh shares proposed for IPO offer for sale
Indian Bank proposes to sell up to 15 lakh NSE shares through its proposed IPO, representing 17.91% of the bank's holding, subject to regulatory approvals.
bank news
Indian Bank strike notice: Branches may be affected on September 11, 28–30
Indian Bank warns of possible branch disruption as UFBU serves notice for September strikes and a continuous strike from October 26, despite arrangements.
bank news
RBL Bank Notes: Pricing Approved for $350 Million Issue at 5.791% Coupon
RBL Bank approved terms for a $350 million senior unsecured notes issue, with a 5.791% coupon and proceeds earmarked for GIFT City banking and corporate needs.