HDFC Bank and Centurion Bank of Punjab have agreed to the biggest merger in Indian banking history, valued at about $2.4 billion. It is likely the beginning of a wave of M&A; deals in the financial ...

(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) India's central bank is ...

In contrast to the West, India’s economy is thriving, a positive trend for the country’s banking sector. Housing activity is robust and long-term prospects are solid. Post-merger, HDFC Bank, India's ...

MUMBAI, June 3 (Reuters) - The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, spurred by overseas institutions' eagerness for ...

India’s banking landscape is on the brink of another historic transformation. The central government is reportedly preparing for a major new round of public sector bank mergers, a move aimed at ...

The Indian banking sector recorded a strong and steady performance during 2024–25, according to a report released by the Reserve Bank of India (RBI). The report said banks continued to grow their ...