Tag: private sector bank
BANKING & FINANCE Federal Bank Charts Next Phase With Credit Cards, Wealth Management

Kerala-based private sector lender Federal Bank is sharpening its focus on the mass affluent segment by expanding its credit card business, wealth management offerings and specialised lending portfolio, as part of a broader strategy to emerge as one of India’s leading private sector banks. In his message to shareholders in the bank’s Annual Report 2026, […]

Sajan C Kumar · Jul 31, 2026
BANKING & FINANCE CSB Bank’s Diversification Strategy Eyes Balanced Loan Book By 2030

Private sector lender CSB Bank is accelerating its transformation into a diversified, pan-India bank by expanding its retail, wholesale and MSME portfolios, while gold loans will continue to remain a key pillar providing stability and liquidity. The Kerala-headquartered bank is  investing heavily in technology and distribution under its long-term SBS 2030 strategy. In his message […]

Sajan C Kumar · Jul 28, 2026
BANKING & FINANCE Tamilnad Mercantile Bank Q1 Profit Rises 35% To ₹411.5 Cr; NII Grows

Tamilnad Mercantile Bank Ltd (TMB) posted a 34.97% year-on-year (YoY) increase in net profit at ₹411.51 crore for the first quarter of FY27, driven by strong growth in net interest income(NII), healthy expansion in advances and deposits, and continued improvement in asset quality. The private sector lender had reported a net profit of ₹304.89 crore […]

CW Bureau · Jul 27, 2026
BANKING & FINANCE YES Bank Charts Growth Around ‘One Team, One Vision, One YES BANK’

YES Bank will leverage its partnership with Sumitomo Mitsui Banking Corporation (SMBC), strengthen governance and accelerate retail growth as it pursues its ambition of becoming one of India’s most trusted private sector banks. The private sector bank will focus on customer trust, technology, people and governance while building a unified banking franchise under its “One […]

CW Bureau · Jul 25, 2026
BANKING & FINANCE City Union Bank Steps Up Investments In Cybersecurity & AI

Private sector lender City Union Bank Ltd is accelerating investments in cybersecurity, digital banking and artificial intelligence as part of its strategy to strengthen customer protection and enhance banking services. The bank said it is continuing to invest aggressively in cybersecurity to ensure customers remain protected against evolving digital threats while building a technology-driven banking […]

CW Bureau · Jul 20, 2026
BANKING & FINANCE As Vaswani Declines Another Tenure, Kotak Mahindra Bank Starts CEO Hunt

Kotak Mahindra Bank (KMB) has initiated the search for a new Managing Director & Chief Executive Officer after incumbent MD & CEO Ashok Vaswani informed the board that he does not wish to seek reappointment upon the completion of his current term on December 31, 2026, citing personal reasons. The bank’s board, at its meeting […]

CW Bureau · Jun 27, 2026
BANKING & FINANCE Prudence First: TMB Targets Growth Without Compromising Asset Quality

Tamilnad Mercantile Bank (TMB) is strengthening its focus on secured lending, MSME financing and digital transformation as it pursues sustainable growth while maintaining one of the strongest asset quality profiles in the banking industry, according to the bank’s Managing Director and CEO Salee S Nair. In his message to shareholders in the Annual Report 2025-26, […]

Sajan C Kumar · Jun 18, 2026
BANKING & FINANCE HDFC Bank Reports Steady Growth In Advances And Deposits In Q4 FY26

HDFC Bank, in its Q4 FY26 business update to stock exchanges, reported steady growth across key operational metrics, including advances and deposits, reflecting sustained momentum in its core business segments. Advances growth remains stable The bank’s average advances under management stood at ₹ 29,64,400 crore for the March 2026 quarter, registering a growth of around […]

CW Bureau · Apr 4, 2026