Tag
Private Banks
25 articles
Private banks in India are demonstrating varied performance and strategic shifts amidst evolving regulatory landscapes. Several institutions, including Bandhan Bank, CSB Bank, and South Indian Bank, reported robust deposit and advance growth in the September quarter, although some experienced declines in their CASA ratios. Leadership changes are also underway, with HDFC Bank appointing Anup Bagchi as MD & CEO and South Indian Bank welcoming Mahesh Pai to the same role, while Kotak Mahindra Bank secured RBI approval for Anup Saha's appointment. However, ICICI Bank faces a ₹229 crore GST demand notice, and J&K Bank's FY2026 profit was impacted by accounting issues highlighted in a C&AG audit. These developments suggest a dynamic environment for private banks, requiring careful management of asset quality, regulatory compliance, and strategic leadership transitions to navigate future growth.
Bandhan Bank Q2 FY2027 Deposits Advance 9.2% YoY
Bandhan Bank discloses provisional unaudited business updates for Q2 September 2026 under SEBI LODR regulations.
Total deposits grew 9.2% YoY to ₹172,689 crore while advances increased 13.1% YoY to ₹1
South Indian Bank Compliance Officer, RTA Unchanged Since 2012
South Indian Bank files SEBI LODR compliance disclosure for quarters Dec-2024 to Sep-2026.
Confirms Jimmy Mathew continues as qualified Company Secretary & Compliance Officer since July 1, 2012.
Repor
CSB Bank Q2 Deposits Up 18%, Gold Advances Surge 36%
CSB Bank reports provisional Q2 FY2027 business updates showing 18% YoY deposit growth to ₹46,889 crore.
Gold-backed advances surged 36% YoY to ₹22,301 crore, while gross advances grew 22% to ₹42,373
TMB RBI Extends Ram Kumar Appoints Kannan Directors
RBI extended C.S. Ram Kumar's tenure as TMB additional director for two years from October 2026 to October 2028.
RBI appointed R. Kannan as TMB additional director for two years, replacing Visvanathan
HDFC Bank Appoints Anup Bagchi as MD & CEO
HDFC Bank appoints Anup Bagchi as MD & CEO for 3 years effective October 27, 2026, following RBI approval.
Bagchi joins from ICICI Prudential Life Insurance where he achieved Rs 10,407 crore APE and 4
ICICI Bank Receives ₹229 Crore GST Demand Notice
ICICI Bank received a GST demand notice for ₹229.14 crore from Mumbai tax authorities on October 1, 2026.
The demand relates to services provided to customers maintaining minimum account balances, wit
South Indian Bank Q2 Advances Grow 18.67% YoY
South Indian Bank reports provisional Q2 FY2027 business updates with gross advances reaching ₹109,519 crore, up 18.67% YoY.
Total deposits grew 18.70% YoY to ₹137,258 crore while CASA ratio remained
Karnataka Bank Q2 FY27 Provisional Business Update
Karnataka Bank reports 24.94% YoY growth in gross advances to ₹92,014.58 crore as of September 30, 2026.
Total deposits increased 11.98% YoY to ₹115,138.05 crore with CASA share improving to 31.81%.
B
Dhanlaxmi Bank H1 FY27 Business Growth Update
Dhanlaxmi Bank reports 21.08% YoY growth in total business to ₹36,500 crore for H1 FY27.
Gold loan portfolio surges 53.43% YoY to ₹6,823 crore, while MSME advances grow 35.90%.
Provisional figures sho
Karur Vysya Bank Q2 Provisional Business Growth
Karur Vysya Bank reports 17.96% YoY growth in total business to ₹2,39,710 crore as of September 30, 2026.
Advances show strongest growth at 20.34% YoY to ₹1,11,587 crore, while deposits increase 15.96
Capital SFB Q2 Advances Grow 23.4% YoY
Capital Small Finance Bank reports provisional Q2 FY2027 business highlights with gross advances reaching ₹9,755 crore.
Gross NPAs improved to 2.36% from 2.47% last quarter, reflecting better asset qu
Tamilnad Mercantile Bank Q2 Business Up 27% YoY
TMB discloses provisional Q2 FY2027 business figures showing 27.27% YoY growth in total business to ₹1,30,261 crore.
Total advances grew 29.37% YoY to ₹60,715 crore while deposits increased 25.49% YoY
Kotak Mahindra Bank RBI Approves Anup Saha MD CEO
Kotak Mahindra Bank receives RBI approval for Anup Kumar Saha's appointment as MD & CEO effective January 1, 2027 for a three-year term.
Saha currently serves as Whole-time Director overseeing Retail
YES BANK Receives ₹258 Crore from NPA Trust
YES BANK discloses receipt of ₹258 crore from a trust in Security Receipts Portfolio related to NPA sale to JC Flower ARC.
The amount exceeds materiality thresholds under SEBI Listing Regulations, req
YES BANK Receives ₹363 Crore Income Tax Refund
YES BANK received a consolidated income tax refund order for ₹363 Crores from the Jurisdictional Assessing Officer on September 30, 2026.
The refund results from successful appeals against assessment,
South Indian Bank Appoints Mahesh Pai as MD & CEO
South Indian Bank appoints Mahesh Muralidhar Pai as MD & CEO for a three-year term effective October 1, 2026, following RBI and shareholder approval.
P R Seshadri retired as MD & CEO on September 30,
Federal Bank Independent Director Ramanand Mundkur Retires
Federal Bank intimates retirement of Independent Director Mr. Ramanand Mundkur effective September 30, 2026.
The retirement follows completion of his five-year term from October 2021 to September 2026
HDFC Bank Appoints V.N. Srivatsan as Chief Compliance Officer
HDFC Bank appoints V.N. Srivatsan as Chief Compliance Officer effective January 4, 2027 for a three-year term.
Outgoing CCO Rakesh Kumar Rajput completes his three-year tenure ending September 30, 202
IndusInd Bank Q1 FY27 Investor Meet Details
IndusInd Bank disclosed details of its Q1 FY27 investor meetings held in Boston on September 23, 2026, organized by Jefferies.
The meetings involved four major institutional investors including Nomura
J&K Bank FY2026 Net Profit Rises 13.5% to ₹2,363 Crore
J&K Bank reported standalone net profit of ₹2,363.48 crore for FY2026, up 13.5% YoY, with improved asset quality as gross NPA ratio declined to 2.50%.
The bank recognized impairment of ₹228.65 crore o
Karnataka Bank Analyst Meet Post Q1 FY27 Results
Karnataka Bank disclosed outcomes of its analyst and institutional investor meetings held on September 10-11, 2026, organized by Ernst & Young LLP.
The meetings, lasting from 10:00 AM to 5:00 PM, disc
CSB Bank RBI Approves ICICI Prudential 9.95% Stake
RBI grants ICICI Prudential AMC approval to acquire up to 9.95% stake in CSB Bank.
Approval is subject to compliance with Banking Regulation Act and SEBI regulations.
Disclosure made pursuant to SEBI
Federal Bank Q1 FY27 Net Profit Up 36.6% YoY
Federal Bank reported Q1 FY27 net profit of ₹1,177 crore, up 36.6% YoY, with NIM expanding 39bps to 3.33% and cost-to-income improving 239bps to 52.50%.
Asset quality reached decadal-best levels with
Karur Vysya Bank Revises MCLR Rates Upward
Karur Vysya Bank announces revision in Marginal Cost of Funds Based Lending Rates effective 22nd August 2026.
MCLR rates increased across all tenors with overnight rate rising 15 bps to 9.00% and one-
Kotak Mahindra MF Acquires 5.16% Stake in South Indian Bank
Kotak Mahindra Mutual Fund disclosed acquiring a 5.16% stake in South Indian Bank Ltd., crossing the 5% threshold.
The acquisition, detailed in a Regulation 29(1) SAST filing, was executed via open ma