HDFC Bank and Centurion Bank of Punjab have agreed to the biggest merger in Indian banking history, valued at about $2.4 billion. It is likely the beginning of a wave of M&A; deals in the financial ...

(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) India's central bank is ...

MUMBAI, April 4 (Reuters) - IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the ...

India’s banking landscape is on the brink of another historic transformation. The central government is reportedly preparing for a major new round of public sector bank mergers, a move aimed at ...

2025 was to be the year when many long-running subplots were to reach their logical conclusion, offering clarity on issues hanging in the grey zone. But it was not to be. The great Indian bureaucratic ...