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Corporate loans outpace retail

Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/H0FItCo via IFTTT
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JPMorgan names Rahul Badhwar senior country officer for India

JPMorgan has appointed Rahul Badhwar as its senior country officer for India, a significant move for the financial giant. Badhwar, formerly the global head of corporate sales at HSBC, will now lead JPMorgan's operations in the country. This strategic appointment underscores the bank's commitment to the Indian market and its growth ambitions. He will be reporting to Sjoerd Leenart, CEO for Asia Pacific. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/kdbrFvf via IFTTT
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Jana Holdings to pare Jana Bank stake to repay its bond holders

Jana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including to TPG Asia. This move will also see the holding company relinquish its 'promoter' status. The company recently received debt restructuring approvals, extending payment deadlines to December 2026, with bondholders like TPG Asia acknowledging the planned equity sale strategy. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/lI3OgcD via IFTTT
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Don't worry, banks have shock absorbers: RBI

In its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned that rising interconnectedness among financial institutions could act as a potential channel for contagion. The report noted that cybersecurity risks have emerged as a key financial stability concern. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/m3hbNKx via IFTTT
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HDFC Bank ropes in KKR Managing Director Jigar Shah to head Legal & Compliance

HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the financial services sector. Shah, formerly with KKR and JPMorgan Chase, will officially take on the role in October 2026. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Axvz1XJ via IFTTT
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HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chief

HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially become CFO on December 1, 2026, brings extensive experience from his previous roles at Tata Capital and Citibank. His departure from Axis Bank, where he served as Group Head and CFO since March 2020, was announced on June 28. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/nSXgEaT via IFTTT
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Axis Bank CFO Puneet Sharma resigns to pursue new opportunities

Axis Bank's Chief Financial Officer, Puneet Sharma, has resigned to pursue new professional opportunities. Sharma, who has been with the bank since March 2020, will step down on August 31. He previously held significant roles at Tata Capital and Citibank. The bank expressed gratitude for his contributions and wished him well for the future. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/jZiP9lN via IFTTT
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