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South Indian Bank receives RBI approval for appointment of MD & CEO
Further, an agenda for appointment of Mahesh Muralidhar Pai (DIN: 09164982) as the Managing Director & CEO of the Bank will be placed to the Board meeting scheduled to be held on 16 July 2026 and the approval of the shareholders shall be obtained thereafter.
Stocks to Watch today: Maruti, RCF, BHEL, Torrent Pharma, Tata Power, IHCL
Stocks to watch today: Maruti Suzuki, Uno Minda, BHEL, Torrent Pharma, Tata Power, IHCL, IDFC First Bank, Kalyan Jewellers, Premier Energies, RCF, RRP Defense, among others, will be in focus today
HDFC Bank Share Price Live Updates: HDFC Bank shows solid returns in the last quarter
Axis Bank Share Price Live Updates: Axis Bank's Daily Performance Update
Kotak Bank Share Price Live Updates: Kotak Bank's 3-Month Return Overview
IndusInd Bank Share Price Live Updates: IndusInd Bank's three-month return highlights growth
Stock To Watch Today: Tata Capital, Dilip Buildcon, Cochin Shipyard, Indian Overseas Bank, Heritage Foods
Knack Packaging will also be in focus as its shares make their debut on the exchanges.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses to 200 points; Brent rises to $75
Sensex Today | Stock Market LIVE Updates: The Nifty enters mid-week trade having snapped a four-day winning streak, as expiry-related factors led to the markets ending lower on Tuesday. The underperformance of the Nifty Bank has weighed on the index.
Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark Pharma
Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor demand on its first day. Adani Enterprises' US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration. Premier Energies secured significant orders, and Glenmark Pharma launched a generic drug in the US.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.
RBI approves re-appointment of NS Vishwanathan as Axis Bank's non-executive chairman
The Reserve Bank of India has approved NS Vishwanathan's reappointment as Axis Bank's non-executive chairman. His new three-year term will commence from October 27, 2026, and conclude on October 26, 2029. This extension is contingent upon his reappointment as an independent director for the bank. Vishwanathan, a former deputy governor, has been serving as part-time chairman since October 2023.