Indian Bank Share Price

IDFC FIRST Bank Mobilises ₹33,975 Cr From NRI Customers

IDFC FIRST Bank has mobilised a gross amount of ₹33,975 crore from NRI customers under the FCNR(B) swap window, highlighting the scale of foreign-currency deposits raised through this route. Key Highlights • Gross mobilisation: ₹33,975 crore from NRI customers under the FCNR(B) swap window. • FCNR(B) deposits represented approximately 11% of the bank’s total deposit base as of June 30, 2026. • FCNR(B), or Foreign Currency Non-Resident (Bank) deposits, allow NRIs to maintain term deposits in designated foreign currencies with Indian banks. Why It Matters The ₹33,975 crore mobilisation provides IDFC FIRST Bank with a sizeable pool of deposits sourced from NRI customers and adds to the diversification of its deposit base. With FCNR(B) deposits accounting for around 11% of the overall deposit base, these deposits have become a meaningful component of the bank’s funding mix. FCNR(B) deposits are denominated in foreign currencies rather than rupees, allowing NRI depositors to avoid INR exchange-rate risk on the principal and interest when measured in the deposit currency. The update highlights the growing contribution of NRI deposits to IDFC FIRST Bank’s overall deposit franchise.

Indian Share Market Update — 4 Sept 2026

Market setup: Cautiously positive at the open, but volatility remains high. Indian equities had fallen for 4 consecutive sessions; on Thursday, Nifty closed at 23,873.45, while Sensex fell 417 points. Reuters +1 🔎 Key factors today Global cues: US markets rallied and expectations of a near-term Fed hike eased, supporting sentiment. Reuters Crude oil: Brent is around $96/barrel, remaining a major risk for India because of inflation and the trade deficit. Reuters FII selling: Foreign investors sold about ₹235 crore on Thursday. Reuters Banking liquidity: RBI-related forex inflows have crossed $136 billion, potentially improving liquidity for Indian banks. The Economic Times ⭐ ONE STOCK IN FOCUS: State Bank of India (SBIN)

HDFC Bank Raises $12 Billion Through FCNR-B Deposits

HDFC Bank has raised $12 billion through FCNR-B deposits, offering an interest rate of 6.25% to attract foreign-currency deposits. Key Highlights • Funds raised: $12 billion through FCNR-B deposits. • Interest rate offered: 6.25%. • FCNR-B stands for Foreign Currency Non-Resident (Bank) deposits, which allow NRIs to maintain fixed deposits in designated foreign currencies with Indian banks. Why It Matters The $12 billion mobilisation provides HDFC Bank with a sizeable pool of foreign-currency funding through deposits rather than conventional overseas borrowings. For the bank, FCNR-B deposits can help diversify its funding sources and provide access to foreign-currency funds. The 6.25% interest rate offered is the cost paid to depositors for attracting these funds. Unlike regular rupee deposits, FCNR-B deposits are maintained in foreign currency, meaning depositors are protected from INR exchange-rate movements on their principal and interest when measured in the deposit currency. The scale of the $12 billion raise makes this a notable funding development for HDFC Bank and highlights the role of NRI deposits in its funding mix.

ICICI Bank Nifty Top Gainer September 3 Trump Iran Signal

ICICI Bank Limited

Indian Share Market Update — 3 Sept 2026

Market mood: 🟢 Positive, but selective Nifty 50: around 24,000+, recovering after yesterday's ~0.59% decline. NDTV +1 Sensex: up around 250–300 points in early trade. NDTV +1 Banking: strongest pocket today, with PSU and private banks gaining. Rupee: opened stronger near ₹94.29/$, helped by large foreign-currency inflows. NDTV +1 Crude: around $95/barrel, so geopolitical risk remains a key market risk. NDTV RBI-related foreign-currency mobilisation brought about $136.4 billion, supporting liquidity and banking sentiment. Reuters 🏦 ONE STOCK IN FOCUS: Bank of Baroda (BANKBARODA)

Karur Vysya Bank Wins ITAT Order on ₹40.34 Cr Demand