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
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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
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Jul 28, 2026
BANKING & FINANCE
IDFC FIRST Bank Q1 Profit Rises 132% To Record ₹1,075 Cr, Bad Loans Drop
IDFC FIRST Bank delivered its strongest quarterly performance to date, reporting a record profit after tax (PAT) of ₹1,075 crore for the first quarter of FY27, more than doubling from ₹463 crore in the corresponding quarter last year, driven by improved margins, healthier asset quality and robust business growth. The bank’s net interest margin (NIM) […]
CW Bureau
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Jul 25, 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
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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
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Jul 20, 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
IDBI Bank To Focus On Customer-Centric, AI-Driven Banking Model
Private sector lender IDBI Bank will continue its transition towards a trust-led and customer-driven banking model, with a strong focus on customer satisfaction, customised products and seamless banking experiences. The bank’s strategic direction will remain anchored around building a customer-focused banking franchise while deepening relationship engagement and enhancing service delivery across channels. Retail focus The […]
CW Bureau
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Jun 25, 2026
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
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Jun 11, 2026
