India

Citi names Raj Rathi as India chief of M&A business

Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
4 days ago

HSBC Private Bank appoints Gautam Anand as Global India head

The cross-border private banking coverage consolidates under one leader across five hubs.

Indian banks’ outlook rests on reforms and underwriting gains

A prolonged Middle East tensions could pressure growth and margins, however.

HDFC and ICICI well-placed to against uncertain operating backdrops: report

The two banks will enter FY2027 in a position of strength, said CreditSights.

Natixis CIB opens branch in India’s GIFT City

It offers foreign currency denominated structured products and finance, amongst others.

How can foreign ownership shape India’s financial institutions?

Capital access may improve but credit impact depends on risk discipline and governance.

Banks lag tech firms in driving credit card use

Delayed rewards and weak reminders leave cardholders disengaged.

MUFG completes $4.26b Shriram Finance investment

It now holds a 20% equity stake in SFL.

MUFG support may lower Shriram’s risky loans over time: report

It enhances Shriram’s access to capital and funding markets over time, said CreditSights.

Middle East conflict weigh on Indian banks’ margins and profits

Sector margins could decline to below FY2027 forecasts.

RBI bans non-deliverable INR derivatives

Authorised dealers may still offer deliverable FX derivative contracts.

HDFC Bank hires law firm to review ex-chairman’s resignation

Atanu Chakraborty cited “certain happenings and practices” in the bank as the reason for his resignation.

Bank of Baroda links digital overdraft accounts to UPI-enabled apps

Women members can link their SHG overdraft accounts to any UPI-enabled app.

How India digital lending targets $720b by 2030

India held about 82% of Android mobile loan apps worldwide.