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HDFC Bank's board has approved Rajiv Kumar, former Chief Election Commissioner and financial services secretary, as its Part-time Non-Executive Chairman from June 30, 2026. His chairmanship still requires RBI approval, but the move ends the bank's prolonged search for a permanent board leader.
Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
ICICI Bank posted standalone net profit of ₹13,701.68 crore in Q4FY26, up 8.5% year-on-year from ₹12,629.58 crore. The result reinforces earnings resilience at one of India's largest private lenders. Margin and asset quality guidance will shape near-term valuation direction.
HDFC Bank is losing ground to ICICI Bank on key performance metrics, prompting a reassessment of private sector banking leadership in India. ICICI Bank's recent share price dip is seen as sentiment-driven rather than a sign of institutional exit, preserving its fundamental outlook. Post-merger integration pressures
Tag
HDFC Bank's board has approved Rajiv Kumar, former Chief Election Commissioner and financial services secretary, as its Part-time Non-Executive Chairman from June 30, 2026. His chairmanship still requires RBI approval, but the move ends the bank's prolonged search for a permanent board leader.
Yesterday · 3 min · Business
Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
1mo ago · 2 min · Markets
ICICI Bank posted standalone net profit of ₹13,701.68 crore in Q4FY26, up 8.5% year-on-year from ₹12,629.58 crore. The result reinforces earnings resilience at one of India's largest private lenders. Margin and asset quality guidance will shape near-term valuation direction.
2mo ago · 1 min · Markets
HDFC Bank is losing ground to ICICI Bank on key performance metrics, prompting a reassessment of private sector banking leadership in India. ICICI Bank's recent share price dip is seen as sentiment-driven rather than a sign of institutional exit, preserving its fundamental outlook. Post-merger integration pressures
2mo ago · 1 min · Markets
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