Featured Latest News

Federal Bank Moves to Acquire Standard Chartered’s India Credit Card Portfolio

By Uniquetimesorg April 30, 2026 0

Federal Bank has announced that its board has approved a proposal to acquire a portion of Standard Chartered Bank’s domestic retail credit card portfolio in India. The proposed deal marks a strategic step for the Kerala-based lender to expand its footprint in the retail credit segment. The development follows earlier reports that Standard Chartered had […]Continue Reading

Featured Latest News

Axis Bank Shares Slide Nearly 5% After Q4 Earnings Miss

By Uniquetimesorg April 27, 2026 0

Shares of Axis Bank fell as much as 4.8% on Monday after the lender reported weaker-than-expected fourth-quarter earnings, weighed down by higher provisions and news of a $2 billion equity fundraise. The stock was trading 3.7% lower at ₹1,316 as of 10:27 a.m. IST, reflecting investor concerns over the bank’s near-term profitability outlook. The private […]Continue Reading

Featured Latest News

HDFC Bank Shares Slide After Chairman’s Sudden Exit Sparks Governance Concerns

By Uniquetimesorg March 19, 2026 0

Shares of HDFC Bank, India’s largest private lender, dropped sharply on Thursday following the abrupt resignation of its non-executive Chairman, Atanu Chakraborty. The stock fell as much as 8.7% during early trading, marking its steepest decline in over two years, before trimming losses to trade about 4.3% lower. Chakraborty, who cited differences over “values and […]Continue Reading

Featured Latest News

Axis Bank to Invest ₹15 Billion in Axis Finance, Strengthening Consumer Lending Arm

By Uniquetimesorg March 18, 2026 0

Axis Bank has announced plans to invest ₹15 billion (approximately $162.28 million) into its consumer lending subsidiary, Axis Finance, reinforcing its position in India’s growing retail credit market. The investment will be carried out in one or more tranches and is expected to be completed by March 2027. This move underscores the bank’s long-term commitment […]Continue Reading

Featured Latest News

Fino Payments Bank Denies Links to Betting or Gaming Activities Amid Probe Reports

By Uniquetimesorg March 16, 2026 0

Fino Payments Bank on Monday denied any involvement in betting or gaming activities after media reports suggested that the Directorate General of GST Intelligence (DGGI) may recommend a probe by the Enforcement Directorate (ED) into certain online gaming transactions linked to the bank over suspected money laundering. In an exchange filing, the bank described the […]Continue Reading

Featured Latest News

Investigation Agencies Probes ₹5.9 Billion Fraud at IDFC First Bank

By Uniquetimesorg March 11, 2026 0

Investigation Agencies has launched searches in connection with a ₹5.9 billion ($64 million) fraud reported by IDFC First Bank in February, according to a government source. The bank had earlier disclosed suspected fraudulent transactions in accounts linked to the Haryana state government, prompting internal action and regulatory scrutiny. Following the discovery, the bank Continue Reading

Featured Latest News

IDFC First Bank Shares Plunge After ₹5.9 Billion Suspected Fraud Disclosure

By Uniquetimesorg February 23, 2026 0

Shares of IDFC First Bank tumbled as much as 20% on Monday after the private lender revealed suspected fraudulent transactions worth ₹5.9 billion ($65 million), triggering concerns over its earnings outlook. The stock was last trading about 15.8% lower at ₹70.29 — its weakest level since October 2025 — marking its steepest intraday fall in […]Continue Reading