RBI Sanctions Amalgamation of Emirates NBD Indian Branches with RBL Bank
RBL Bank receives RBI sanction for the amalgamation of Emirates NBD Bank's Indian branches. The integration is set to take effect from December 01, 2026.
Banking
Latest Banking stock news from NSE and BSE filings, 13 stories so far.
Product Launched
Central Bank of India Launches Bharat Connect for Business with NPCI Partnership
Central Bank of India partners with NBBL to launch Bharat Connect for Business, becoming the first PSU bank to offer this B2B payment platform for MSMEs.
Fund Raise
Canara Bank Board Approves ₹18,800 Crore Foreign Currency Fund Raise via Bond Issuance
Canara Bank board approves raising up to USD 2,000 million (₹18,800 Cr) via Senior Unsecured Foreign Currency Bonds under its USD 3 billion MTN programme.
Product Launched
IndusInd Bank and EazyDiner Launch Lifetime-Free RuPay Card with ₹21,495 Annual Savings
IndusInd Bank launches the lifetime-free EazyDiner Platinum RuPay Credit Card, offering UPI integration and annual dining savings worth ₹21,495 for retail users.
Fund Raise
Union Bank of India to Raise $2 Billion via Global Medium Term Note Programme
Union Bank of India board approves raising USD 2 billion (approx. ₹19,000 crore) through debt instruments via its international branches in Dubai and Sydney.
Fund Raise
City Union Bank to Raise ₹500 Crore via QIP and Declares 200% Dividend
City Union Bank plans to raise Rs 500 crore via QIP to strengthen capital. The bank also declared a 200% dividend for FY2026. Shareholders to vote at August AGM.
Product Launched
Karur Vysya Bank Launches Premium Visa Credit Card Portfolio as FY26 Profit Hits ₹2,510 Cr
Karur Vysya Bank launches a premium Visa credit card portfolio including Eternis and Altura variants. KVB reported a record FY26 net profit of ₹2,510 crore.
Earning Call
Bank of Baroda Hits Record ₹20,021 Cr Net Profit in FY26; Advances Grow 16.2%
Bank of Baroda reports a record FY26 net profit of ₹20,021 crore, crosses ₹30 lakh crore business milestone, and raises loan growth guidance to 12-14% for FY27.
Fund Raise
SBI Board Approves $2 Billion Foreign Currency Fund-Raising Plan for FY 2026-27
State Bank of India (SBI) approves a $2 billion (approx ₹19,000 crore) long-term fund-raising plan for FY 2026-27 via foreign currency bonds to support growth.
Earning Call
Tamilnad Mercantile Bank FY26 Net Profit Climbs to ₹1,338 Crore as Advances Surge 20%
Tamilnad Mercantile Bank (TMB) reports a 13.1% rise in FY26 Net Profit to ₹1,338 Cr, driven by 20.32% growth in advances and a 4.18% recovery in Q4 NIM.
Earning Call
Punjab & Sind Bank Reports Record ₹1,322 Cr Net Profit; Advances Surge 18% in FY26
Punjab & Sind Bank achieves its highest-ever annual net profit of ₹1,322 Cr in FY26, driven by an 18.29% surge in gross advances and robust RAM segment growth.
