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PNB shares decline 3% after Q1 business update; global business nears Rs 30 lakh crore
Punjab National Bank's Q1 FY27 business update reveals a robust 12.85% year-on-year surge in global advances, reaching Rs 12.75 lakh crore. Deposits also saw a healthy 8.52% rise. The bank's overall global business crossed Rs 30 lakh crore, marking over a 10% YoY increase. These positive trends are set to keep PNB shares in the spotlight.
HDFC Bank develops own AI platform, fraud monitoring system
HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-house solutions, built by a dedicated engineering team, aim to combat rising banking frauds and enhance customer security. By investing in proprietary technology and engineering talent, the bank is positioning itself for future competition in the evolving financial landscape.
HDFC Bank develops own AI platform, fraud monitoring system
HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-house solutions, built by a dedicated engineering team, aim to combat rising banking frauds and enhance customer security. By investing in proprietary technology and engineering talent, the bank is positioning itself for future competition in the evolving financial landscape.
Union Bank of India Q1 Update: Global business up 8%, deposits rise 4% YoY
Shares of Union Bank of India Ltd ended at ₹174.40, down by ₹0.45, or 0.26%, on the BSE.
Stocks to Watch for July 3: Adani Enterprises, Marico, Punjab National Bank and more
From Adani Enterprises launching QIP to PNB's global business rising 10.32% year-on-year; here are some stocks to track ahead of Friday trading session.
PNB Q1 Update: Global Business Hits Landmark Rs 30 Lakh Crore, Domestic Up 9.9%
Punjab National Bank (PNB)
Punjab National Bank Q1 Update: Global Business rises 10.32%, advances up 13%
Shares of Punjab National Bank Ltd ended at ₹106.95, down by ₹0.55, or 0.51%, on the BSE.
Bank of Baroda Q1 Update: Global advances rise 17%, deposits grow 14% YoY
Shares of Bank of Baroda Ltd ended at ₹260.10, down by ₹11.40, or 4.20%, on the BSE.
Bank of India shares jump 3% as global business grows 17% YoY; gross advances rise to ₹8 lakh crore - Upstox
Bank of India shares jump 3% as global business grows 17% YoY; gross advances rise to ₹8 lakh croreUpstox
Canara Bank global business jumps 14% YoY in Q1 FY27
Canara Bank said its global business grew 14.40% year-on-year to Rs 29,05,820 crore as of 30 June 2026.
Bank of India rises after strong Q1 business update
Bank of India added 1.73% to Rs 144.20 after the bank reported 16.58% rise in global business, which stood at Rs 17,55,915 crore as on 30 June 2026 as against Rs 15,06,142 crore as on 30 June 2025.
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&P
The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financial institutions, encouraging them to increase external borrowings. This move aims to attract foreign capital, bolster reserves, and support the rupee. S&P Global Ratings highlights that these government-linked entities, crucial for strategic sectors, will benefit from cheaper funding and enhanced financial flexibility, potentially driving economic growth.