Banks

Industry

HDFC Bank may lead private lenders into a perfect succession storm

Private banks have had longer CEO runways in the past, but experts say they have failed to build enough leaders ready to take the top job as a shallow leadership pool is making succession harder.

5 min read3 Sep 2026
Industry

FCNR(B) inflows flood banks, send CD rates tumbling

Three-month CD rates have fallen to around 6.30% at the end of August from about 7.30% at the end of March, marking a decline of roughly 100 basis points.

4 min read3 Sep 2026
Money

Defaulting on a bank loan: Can an individual borrower be jailed? Know the legal and financial risks

A missed EMI can have consequences beyond penalties and a lower credit score. Experts explain when a loan is considered in default, what banks can recover, whether family members are liable, and what happens to secured assets.

3 min read1 Sep 2026
News

NCLT five-member bench stays Subhash Chandra’s ₹6.5 crore repayment plan, says earlier order was not majority view

The special bench was constituted by NCLT president Justice Anupinder Singh Grewal on Monday evening after the tribunal’s earlier bench found that there was no majority view on how the repayment plan should operate.

4 min read1 Sep 2026
Industry

HDFC Bank CEO search faces a race against the RBI clock

RBI has taken anywhere from a little over a month to 14 months to approve the appointment of chief executives of private banks.

3 min read1 Sep 2026
News

NCLAT to hear creditors' plea challenging Subhash Chandra’s repayment plan

NCLAT will hear creditors’ challenge to Subhash Chandra’s ₹6.5 crore repayment plan after several lenders opposed the proposal, arguing it could undermine the intent and purpose of the insolvency law.

1 min read31 Aug 2026
Industry

Subhash Chandra insolvency: NCLAT to hear creditors' appeal against NCLT approval of ₹6.5 crore payout plan

Subhash Chandra insolvency: Creditors, including the LIC Housing and several banks, approached NCLAT on Monday against the NCLT's approval of ₹6.5 crore payout plan.

3 min read31 Aug 2026
Companies

Who is Kaizad Bharucha? All about HDFC's longest-serving executive board member, frontrunner for CEO post

Kaizad Bharucha, HDFC Bank's deputy managing director since 2023, is the leading candidate for the CEO position as Sashidhar Jagdishan retires on 26 October. Here's all you need to know about the lender's longest-serving executive board member.

1 min read31 Aug 2026
Money

Senior citizens can earn up to 8.5% on 5-year FDs: Check banks offering the highest rates

For those investing substantial sums, even a marginal variation in FD rates can have a significant impact on the total interest earned.

4 min read29 Aug 2026
Companies

Mint Explainer | Banks recover 1% in personal guarantor cases; Subhash Chandra case said to involve associate companies

Banks seek personal guarantees from promoters as an added layer of protection when lending to companies. In the Subhash Chandra case, this got complicated with alleged associate companies among creditors. His office says these are not his any longer after a 2008-09 separation of family businesses.

1 min read28 Aug 2026