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Banking News

Deka and DZ Bank Raise Outlook as German Volksbanken Squeezed by Savings Rate Competition

Deka and DZ Bank both raised their earnings forecasts, but Volksbanken cooperative banks face pressure as low savings deposit rates trigger deposit flight

Aug 27, 2026

🇮🇳 India

HDFC Bank FY26 Profit Rises 10.9% to Rs74,671 Crore; Q1 Loans Up 15% Ahead of Rs60,000 Crore Fundraise

HDFC Bank reported FY26 net profit growth of 10.9% to Rs74,671 crore with a Rs13 per share final dividend, while Q1 FY27 loan book expanded 15% year-on-year and the bank plans a Rs60,000 crore capital raise.

Jul 14, 2026

🇮🇳 India

Supreme Court Upholds RBI's PMC Bank-Unity SFB Merger Scheme, Clearing India's Landmark Bank Resolution

India's Supreme Court dismissed challenges to the RBI's reconstruction scheme merging Punjab and Maharashtra Co-operative Bank with Unity Small Finance Bank, removing the last legal obstacle to the landmark banking resolution.

Jul 14, 2026