BANKING & FINANCE
KVB Picks Up 16.4% Stake In Sahayya Finserve To Scale Up Retail Lending
As part of its strategy to build new growth engines, Karur Vysya Bank (KVB) has invested ₹29.68 crore in Sahayya Finserve Pvt Ltd, an RBI-registered non-banking financial company (NBFC) engaged in affordable housing finance and loan-against-property financing. The investment gives the bank a 16.4% equity stake in the NBFC and is expected to strengthen KVB’s […]
CW Bureau
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Aug 6, 2026
BANKING & FINANCE
Equitas SFB Next Big Leap: Universal Bank Licence Under Its Consideration
Equitas Small Finance Bank (SFB) has begun internal deliberations on applying for a universal banking licence and believes it is technically compliant with the Reserve Bank of India’s (RBI) eligibility norms, though the lender has not set a timeline for filing the application. Speaking during the bank’s Q1 FY27 post-results analyst call, Equitas Small Finance […]
CW Bureau
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Aug 1, 2026
BANKING & FINANCE
ICICI Bank Eyes Sustainable Growth With AI-Led Banking Transformation
ICICI Bank has reaffirmed its strategy of pursuing risk-calibrated profitable growth while strengthening its digital capabilities, leveraging artificial intelligence (AI) and maintaining robust governance standards to remain resilient in an evolving banking landscape. In his message to shareholders in the ICICI Bank Annual Report 2026, Chairman Pradeep Kumar Sinha said the bank has optimised all […]
CW Bureau
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Jul 19, 2026
BANKING & FINANCE
RBI Approves Mahesh Muralidhar Pai As MD & CEO Of South Indian Bank
The Reserve Bank of India (RBI) has approved the appointment of Mahesh Muralidhar Pai as the Managing Director & Chief Executive Officer of South Indian Bank for a period of three years, effective October 1, 2026. Pai, 50, brings nearly three decades of banking experience spanning governance, strategy, treasury, foreign exchange, retail banking, agriculture finance […]
CW Bureau
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Jul 8, 2026
BANKING & FINANCE
Keki Mistry’s Interim Tenure At HDFC Bank Gets Extended Until September
The Reserve Bank of India (RBI) has approved an extension of the tenure of Keki Mistry as Interim Part-time Chairman of HDFC Bank for a further period of three months, until September 18, 2026, or until the appointment of a regular Part-time Chairman, whichever is earlier. The extension comes amid the bank’s ongoing efforts to […]
CW Bureau
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Jun 18, 2026
