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Senior bankers quit for rivals as Asia talent fight intensifies

Senior bankers in Asia are increasingly switching firms as deal activity in the region picks up, triggering fresh hiring and poaching among major global banks. Investment banks including UBS, Citigroup, JPMorgan, Morgan Stanley and Jefferies are competing for talent across sectors such as real estate and equity capital markets. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/H4N98B3 via IFTTT

Billionaire-backed Kotak Bank open to deals as CEO touts capital

Kotak Mahindra Bank is exploring acquisitions to deploy its surplus capital and expand its scale, CEO Ashok Vaswani said. The lender has a strong capital position, with a capital-to-risk ratio of 22.6%, allowing it to consider even deals above $1 billion, though it will assess whether targets fit its strategy, valuation and management focus. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/4EFzUHG via IFTTT

Basic savings, Jan Dhan accounts not subject to penalty for not having minimum balance: FM Nirmala Sitharaman

With nearly 72 crore basic savings accounts, including PM Jan Dhan accounts, enjoying the perk of no penalties for low balance, this initiative is a game-changer for financial inclusion. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/PRFyNHz via IFTTT

NatWest Group India appoints Ritu Tushir as head of HR for India operations

NatWest Group India has appointed Ritu Tushir as its new head of HR in India. Tushir will spearhead the bank's people strategy, focusing on building a future-ready workforce with skills in data, AI, and cloud. Her role emphasizes accelerating reskilling and strengthening cultural enablers like well-being and DE&I. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/t1oGAsr via IFTTT

Yes Bank insider trading case: 16 of 19 executives likely to settle with Sebi

With the spotlight on Yes Bank's insider trading scandal, many of the involved executives are leaning towards settlements with Sebi, while just three are gearing up for a courtroom battle. The regulator's inquiries were sparked by a high-profile investment from private equity titans, Carlyle and Advent. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/IADUbp7 via IFTTT

RBI eases NOHC norms for AU Small Finance Bank

The central bank said an NOHC would be needed only if the group later sets up additional financial services entities. The RBI had first issued an in-principle approval on Aug 7, 2025 for the transition from a small finance bank to a universal bank . from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/UMSw6AY via IFTTT