January 18, 2026
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South Indian Bank Posts Record Q3 Profit as Asset Quality Improves

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South Indian Bank reported its highest-ever quarterly profit in the December quarter, driven by steady growth in income and improved asset quality. The lender’s net profit rose 9% year-on-year to ₹374.32 crore in Q3 FY26, compared with ₹341.87 crore in the same period last year. Pre-provisioning operating profit increased 10% to ₹584.33 crore, reflecting stronger […]Continue Reading
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India Approves Sumitomo Mitsui’s Plan to Set Up Local Banking Subsidiary

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India’s central bank has granted in-principle approval to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to establish a wholly owned subsidiary in the country, marking a significant expansion of the lender’s presence in one of Asia’s fastest-growing banking markets. The Reserve Bank of India said the approval allows SMBC to move beyond its current branch-based Continue Reading
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Kotak Mahindra Bank Sets January 14, 2026 as Record Date for 1:5 Stock Split

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Kotak Mahindra Bank shares were in focus after the lender announced January 14, 2026, as the record date for its proposed stock split. The move will determine eligible shareholders whose equity shares will be subdivided. The stock closed at ₹2,161.70 on Friday, valuing the bank at a market capitalisation of about ₹4.30 lakh crore. Earlier, […]Continue Reading

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