BANKING & FINANCE Indian Overseas Bank Bets On Digital, RAM For Next Phase Of Growth

Indian Overseas Bank (IOB) is entering a new phase of strategic growth anchored in financial stability, customer-centric transformation and operational efficiency, with a sharper focus on retail, agriculture and MSME (RAM) segments and technology-led delivery. The bank said rising adoption of mobile banking, UPI and internet banking is reshaping customer engagement, while fintech partnerships and […]

CW Bureau · Jun 11, 2026

BANKING & FINANCE RBI’s Policy Signals Focus On Stability Amid Global Uncertainties: IOB Chief

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain a neutral policy stance reflects a balanced and prudent approach aimed at preserving macroeconomic stability amid an uncertain global environment, according to Indian Overseas Bank (IOB). Growth momentum remains resilient Commenting on the RBI’s latest monetary policy decision, Indian […]

CW Bureau · Jun 6, 2026

BANKING & FINANCE State Bank Of India Bets On Digital First, AI-Led Banking Transformation

State Bank of India, the country’s largest lender, plans to deepen its “Digital First, Customer First” strategy with increased investments in technology, artificial intelligence, cybersecurity and digital infrastructure as part of its next phase of transformation. “The next phase of our transformation will focus on delivering deeply personalised, seamless, and intuitive banking experiences across all […]

CW Bureau · May 27, 2026

BANKING & FINANCE Indian Bank To Sharpen Focus On AI-Led Digital Banking, RAM Segments

As part of its growth strategy for FY27, the leading public sector lender Indian Bank will sharpen its focus on AI-driven digital innovation in banking products and services while deepening its presence in retail, agriculture and MSME (RAM) segments. “Our priorities include deepening customer trust through seamless digital product penetration and embedding compliance as a […]

CW Bureau · May 23, 2026

BANKING & FINANCE Karur Vysya Bank Expects Its Credit Growth Above Industry Level In FY27

The Karur Vysya Bank Ltd expects its credit growth to outpace industry growth by 1-2% during FY27 despite global macroeconomic uncertainties, geopolitical tensions and pressure on margins. The bank expects slippages to remain below 1% of the asset book during FY27, while liquidity coverage ratio (LCR) is projected to remain in the range of 115-120%. […]

CW Bureau · May 13, 2026

BANKING & FINANCE Canara Bank Q4 Net Dips By 10% To ₹4,506 Cr On Lower Other Income

Public sector lender Canara Bank reported a 10% decline in standalone net profit for the March quarter at ₹4,506 crore compared with the corresponding period last year, impacted by lower other income and decline in operating profit. Interest income increased 2.7% to ₹31,838 crore, while non-interest income contracted 24% to ₹4,824 crore. Fee-based income, however, rose […]

CW Bureau · May 11, 2026

BANKING & FINANCE Kotak Mahindra Bank Bets On SME, Institutional Segments For Growth

Leading private sector lender Kotak Mahindra Bank Ltd is sharpening its focus on SME and institutional businesses as key growth drivers, while leveraging the group’s diversified financial services structure to scale up its franchise. The SME franchise, which accounts for nearly 24% of the bank’s advances book, continues to anchor primary banking relationships and deliver […]

CW Bureau · May 9, 2026

BANKING & FINANCE Equitas SFB Reports Fivefold Rise In Q4 Profit; Asset Quality Improves

Equitas Small Finance Bank Ltd reported a fivefold increase in net profit at ₹213 crore for the March quarter of FY26 compared with the year-ago period, supported by strong growth and improved margins. Net interest margin rose to 7.29% from 7.13%, while cost-to-income ratio declined to 67.52% from 70.28%. Asset quality and capital position Gross […]

CW Bureau · Apr 30, 2026

BANKING & FINANCE City Union Bank Inaugurates 1,000th Branch Ahead Of CEO Kamakodi Exit

City Union Bank Ltd, Managing Director and Chief Executive Officer, N. Kamakodi, is a man of few words, but his actions have often spoken louder. Media, business associates, customers and colleagues vouch for his understated style of leadership. Days before demitting office, Kamakodi guided the bank to yet another milestone, crossing 1,000 branches, a symbolic […]

CW Bureau · Apr 28, 2026

BANKING & FINANCE UCO Bank Q4 Net Profit Rises 23% to ₹801 Cr On Improved Asset Quality

Public sector lender UCO Bank reported a 22.66% increase in net profit at ₹801 crore for the March quarter, aided by continued improvement in asset quality. Net interest income contracted by 3.11% to ₹2,614 crore. Global Net Interest Margin (NIM) improved 1 bps to 3%, while domestic NIM fell 3 bps to 3.19%. Fee-based income […]

CW Bureau · Apr 26, 2026

STARTUP/TECHNOLOGY IDPIC Names K S Raju To Lead India’s Digital Payment Fraud Intelligence

Indian Digital Payment Intelligence Corporation (IDPIC) has appointed K Satyanarayana Raju as its Managing Director and Chief Executive Officer. Strengthening digital payment security IDPIC is India’s central AI-driven platform focused on detecting, analysing and preventing real-time digital payment fraud. It leverages advanced technologies such as artificial intelligence, machine learning and big data analytics to enhance […]

CW Bureau · Apr 11, 2026

BANKING & FINANCE Fino Payments Bank’s Referral Lending At ₹540 Cr, Till March 2026

Fino Payments Bank is witnessing strong momentum in its referral lending business through its merchant-led distribution channel, with disbursements reaching ₹540 crore as of March 20, 2026. The bank expects to close the current quarter at nearly 90% of the cumulative disbursements recorded in the first three quarters (₹700 crore), putting it on track to […]

CW Bureau · Mar 25, 2026