HDFC Bank Names Anup Bagchi As New MD & CEO, Three-Year Term Begins October 27
HDFC Bank has named Anup Bagchi as its new MD and CEO for three years. The ICICI veteran will take charge from October 27, 2026.
RBI
Tata Sons To Stay Unlisted? Tata Trusts Proposes Two-Company Merger, Here’s The Plan
Mumbai: Tata Trusts has proposed restructuring Tata Sons to help the group’s holding company remain unlisted, according to the supplied
HDFC Bank Sends RBI Two Names For Next MD & CEO, Succession Race Enters Final Stage
HDFC Bank has submitted two candidates to the RBI for its next MD and CEO and expanded its board as part of succession planning.
RBI Rejects Tata Sons’ NBFC Exit Bid, Mandatory Listing Moves Closer
Mumbai: The Reserve Bank of India (RBI) has rejected Tata Sons’ application to surrender its Core Investment Company registration, narrowing
RBI Should Hike Repo Rate By 25 Bps In October, SBI Research Flags Oil And Inflation Risks
SBI Research has called for back-to-back RBI rate hikes in October and December, warning that expensive crude oil could push inflation towards 6.5%.
RBI Warns Fintechs: Data Is A Trust, Not An Asset
RBI Governor Sanjay Malhotra has warned fintechs against monetising customer data without responsibility and urged firms to prioritise trust, regulatory compliance and cybersecurity.
NBFC Gold Loans Jump 68.5% In July, Retail Credit Grows 21.4% As Secured Borrowing Surges
Gold loans by NBFCs jumped 68.5% year-on-year in July 2026, while consumer durable loans rose 51.5% amid strong retail credit demand.
RBI Plans Rs 7 Lakh Crore VRRR Auction, 30-Day Operation On September 7
RBI will conduct a Rs 7 lakh crore 30-day VRRR auction on September 7 amid record surplus banking liquidity.
Banking Liquidity Hits Record ₹9.71 Lakh Crore on FCNR(B) Flows
India’s banking system liquidity surplus reached a record ₹9.71 lakh crore as FCNR(B) inflows and government expenditure boosted funds.
India’s GDP Growth Surges, Economy Expands 7.8% In Q1 FY27
India’s economy grew 7.8% in Q1 FY27 as real GDP reached ₹81.36 lakh crore, exceeding the RBI’s 7% projection.