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State Bank of India managing director

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Banking, Fintech & Insurance Just now (06:00 PM IST)

Cash-Flow Lending Set to Gain Importance for New-Age Sectors, Says SBI MD

Cash-flow-based lending is emerging as a critical financing model for new-age industries, especially in sectors such as automotive, electric vehicles and mobility where conventional collateral is often limited. State Bank of India is studying the approach closely, with senior management stressing that lenders must understand technology, revenue visibility and business models before extending credit to innovative projects.

By RDU Global Wire5 min read
Banking, Fintech & InsuranceJust now (07:36 AM IST)

SBI sees cash-flow lending as key to financing new-age sectors, MD says

Cash-flow-based lending is set to become increasingly important for emerging industries such as electric vehicles, mobility and other technology-led businesses, according to a senior State Bank of India executive. The bank is studying the model closely as traditional collateral is often limited in these sectors, making revenue visibility and technology assessment central to credit decisions.

6 min readRead →
Banking, Fintech & InsuranceJust now (01:50 PM IST)

SBI Sees Cash-Flow Lending Emerging as Key Funding Model for New-Age Sectors

Cash-flow-based lending is set to become increasingly important for emerging industries such as electric vehicles and mobility, according to State Bank of India managing director Ashwini Kumar Tewari. He said lenders are studying the model closely as traditional collateral is often unavailable in technology-led businesses, making revenue visibility and sector expertise critical to underwriting decisions.

5 min readRead →
Banking, Fintech & Insurance27 Oct 2026, 08:00 AM IST

PNB Targets Sub-50% Cost-to-Income Ratio This Fiscal, Eyes 45% by FY29

Punjab National Bank is pressing ahead with a sharper efficiency drive, aiming to pull its cost-to-income ratio below 50% in the current financial year and toward 45% by FY29, Managing Director Chandra said. The state-run lender has already brought the ratio down to 50.38% in the first half of the fiscal, while posting a net profit of Rs 5,500 crore and signalling further earnings momentum ahead.

4 min readRead →
Banking, Fintech & Insurance25 Oct 2026, 08:00 PM IST

Indian Bank Raises Deposit Rates by 15 Basis Points as Funding Pressures Persist

Indian Bank has increased deposit rates by 15 basis points, signalling that the lender is still working to stabilise its funding profile after a quarter marked by slower term-deposit mobilisation and a sharp reduction in bulk deposits. The move comes after managing director Binod Kumar said the bank did not have surplus liquidity and had relied on regulatory flexibility to raise foreign currency non-resident-bank deposits.

5 min readRead →
Banking, Fintech & Insurance18 Oct 2026, 05:00 PM IST

Festive Demand May Lift Credit Growth by Up to 2% This Quarter, Says PNB Chief Ashok Chandra

Punjab National Bank Managing Director and Chief Executive Officer Ashok Chandra said festive demand has materially strengthened credit offtake and could add as much as 2% to loan growth in the current quarter. His remarks point to a seasonal but meaningful pickup in borrowing across retail and business segments, even as lenders continue to watch deposit mobilisation and broader liquidity conditions.

5 min readRead →
Markets, IPOs & Wealth16 Oct 2026, 09:49 AM IST

Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Draws Attention

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing fresh market attention to the lender’s business prospects. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora outlined the company’s operating environment and the outlook for demand across tourism-linked financing segments.

6 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 11:34 PM IST

Nilesh Shah Cites Hindustan Zinc as Template for IDBI Bank Divestment

Kotak AMC Managing Director Nilesh Shah has pointed to Hindustan Zinc as a case study in how strategic divestment, paired with a retained government stake, can create enduring public wealth. He said the Centre’s remaining holding in the company is now worth more than Rs 62,000 crore and voiced hope that IDBI Bank’s privatisation process could generate similar value for the exchequer.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 01:58 PM IST

HDFC Bank, Kotak Mahindra Bank Name Two Anups to Lead Succession Reset

HDFC Bank and Kotak Mahindra Bank have each turned to a new chief executive in a closely watched leadership reshuffle that underscores the depth of succession planning at India’s top private lenders. Anup Bagchi will take over as MD and CEO of HDFC Bank on October 26, while Anup Saha will assume the top job at Kotak Mahindra Bank on January 1.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 12:36 PM IST

HDFC Bank Names Anup Bagchi as CEO, Elevating an ICICI Veteran to Lead India’s Largest Private Lender

HDFC Bank has appointed Anup Bagchi as managing director and chief executive officer, with the move taking effect on October 27, 2026, subject to regulatory approval already secured from the Reserve Bank of India. Bagchi, a long-time ICICI Group executive who most recently spent three years at ICICI Prudential Life Insurance, returns to banking at a pivotal moment for India’s largest private sector lender.

6 min readRead →

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