Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
HDFC Bank Leadership Overhaul Lifts Indian Stocks as Nifty 50 Gains 0.36%
Indian stocks opened higher, led by banks, after HDFC Bank announced a leadership shuffle. The Nifty 50 rose 0.36% as the lender named Rajiv
APRA Stress Test Reveals Hidden Risks in Australia's Bank-Super Fund Links
Australia's banking regulator ran its first system-wide stress test, revealing that the Big Four banks and major super funds are more interc
Global Banks Shift Asia Focus to South Korea as China, India Grow Tougher
Global banks and asset managers are increasingly turning to South Korea for their next Asia push, with a new survey showing expansion intere
HDFC Bank Names Rajiv Kumar as Part-Time Chair to Restore Board Stability
HDFC Bank has nominated Rajiv Kumar as part-time chair, pending RBI and shareholder approval. The move aims to steady the board after a high
Banque Saudi Fransi Targets Doubling Net Income by 2030 in Fee-Driven Strategy
Banque Saudi Fransi has set a 2030 goal to double net income to SAR 10 billion and boost return on equity to 15%. The plan shifts toward fee
JPMorgan CEO Succession Plan Gains Momentum as Board Eyes Rohrbaugh or Petno
JPMorgan Chase's board is actively developing a succession plan, with co-presidents Troy Rohrbaugh and Doug Petno emerging as leading candid
IIFCL Plans $1 Billion Dollar Loan at Sub-7% After RBI Eases Hedging Costs
India Infrastructure Finance Company Limited (IIFCL) is lining up a $1 billion 15-year dollar loan priced below 7%, after the RBI made it ch
Africa's Biggest Banks Target Kenya, But Local Giants and Capital Rules Tighten Margins
Africa's largest banks are expanding into Kenya, drawn by its role as an East African hub. However, entrenched local lenders and stricter ca
Capri Global Capital Plans First US Dollar Bond to Raise $300 Million
Capri Global Capital, an Indian non-bank lender, is sounding out international investors for its first US dollar bond. The 3-year, 3-month d
Kotak Mahindra Bank Begins CEO Search as Vaswani Plans 2026 Exit
Kotak Mahindra Bank CEO Ashok Vaswani will step down at the end of 2026 for personal reasons. The bank has started looking for a successor,
HDFC Bank Cleared by External Review, Paving Way for CEO Reappointment
HDFC Bank says an external legal review found no evidence backing former chairman Atanu Chakraborty's ethics concerns. The clean bill of hea
Banca IFIS Sells Bad Loan Unit, Cuts Profit Outlook After €70M Provision Hit
Banca IFIS is selling its bad loan business and cutting its profit forecast after taking €70 million in additional provisions. The move refl