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Home»Archive for "Banking & RBI"
Banking & RBI

Axis Bank Increases Branch Count Amid Staff Reduction Due to Tech Improvements

Axis Bank expanded its network by opening 400 new branches in fiscal year 2026, despite a 3% drop in its…

By BCNApril 26, 2026
Banking & RBI

IDFC First Bank Sees 5% Increase in Q4 Net Profit Amid Reduced Provisions, Operating Profit Drops 42% Due to Fraud

IDFC First Bank’s net profit for the fourth quarter rose to Rs 319 crore, compared to Rs 304 crore in…

By BCNApril 26, 2026
Banking & RBI

What RBI’s Cancellation of Paytm Payments Bank’s License Means for Users and App Functionality

New Delhi: The Reserve Bank of India (RBI) has revoked the operating license of Paytm Payments Bank Limited (PPBL) effective…

By BCNApril 25, 2026
Banking & RBI

IDFC First Bank Posts 5% Year-Over-Year Rise in Q4 Profit After Tax to Rs 319 Crore, with Net Interest Income Up 16%

IDFC First Bank reported a 5% year-on-year increase in its fourth-quarter profit after tax, amounting to Rs 319 crore. The…

By BCNApril 25, 2026
Banking & RBI

Live Q4 Earnings Updates: RBL Bank Sees Profit Rise More Than Three Times, Axis Bank Notes Better Asset Quality; Dividends Announced

Welcome to our ongoing coverage of fourth-quarter financial results. Today marks a busy period for earnings disclosures, with no fewer…

By BCNApril 25, 2026
All Economy

Justice Department Concludes Criminal Investigation of Federal Reserve Chair Powell, Potentially Easing Path for Warsh

The Justice Department has concluded its criminal investigation into Federal Reserve Chair Jerome Powell, removing a significant obstacle to the…

By BCNApril 24, 2026
All Economy

RBI Observes Varied Economic Signals in India Amid West Asia Conflict Influencing Demand and Supply

India’s economy is displaying inconsistent patterns following the West Asia conflict, according to the Reserve Bank of India’s recent economic…

By BCNApril 24, 2026
All Economy

Finance Minister Sitharaman Calls on Indian Banks to Strengthen Protections Against AI-Related Cyber Risks

India’s Finance Minister Nirmala Sitharaman emphasized that banks in the country need to implement more adaptable and forward-thinking strategies to…

By BCNApril 24, 2026
Banking & RBI

Indian Rupee Declines Alongside Other Asian Currencies Tied to Oil Amid Geopolitical Uncertainties; Central Bank Intervenes

The Indian rupee depreciated on Wednesday, mirroring losses in other Asian currencies affected by oil prices, as energy costs stayed…

By BCNApril 22, 2026
Banking & RBI

Indian Rupee Falls 32 Paise to End at 83.48 Versus US Dollar

On Tuesday, April 21, 2026, the Indian rupee dropped 32 paise to finish at 83.48 (provisional) against the US dollar.…

By BCNApril 21, 2026
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