Police arrested three CSB Bank employees in connection with a Rs 547 crore cyber fraud case in Khammam. The accused allegedly aided the main offender, while efforts are on to trace other absconding suspects involved in the case

Gurugram (Haryana) [India], March 24: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with CSB Bank, India's oldest private sector bank, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7, supporting VinFast's growth strategy in the world's third-largest automotive market.

VinFast Auto India has partnered with CSB Bank to offer auto and inventory financing for its dealer network and customers. The tie-up will provide credit solutions for buyers of its electric SUVs, VF 6 and VF 7, and support dealer operations as the company expands in India.

An announcement from CSB Bank Ltd. ( ($IN:CSBBANK) ) is now available. CSB Bank Ltd., a private-sector lender based in Thrissur and listed on BSE a...

MUMBAI: Indian government bonds rose on Monday, following a surge in U.S. Treasuries and comfortable domestic liquidity, though lingering supply concerns contained the advance. The benchmark 6.48% 2035 bond yield settled at 6.6642%, down from 6.6799% on Friday. Longer-duration securities’ yields eased the most, with the 15-year yield at 7.068%, down around 4 basis points, while the 40-year bond yield was at 7.4520%, down 4.5 bps. Bond yields move inversely to prices. The 15-40 year bond yields have risen 40-50 basis points so far in fiscal year 2025-26, even after the Reserve Bank of India delivered 100 basis points of interest rate cuts, due to patchy demand from insurers and pension funds and rising supply worries. Traders said that current yield levels were attractive for re-entry, especially with liquidity back in surplus and reduced near-term supply after New Delhi conducted a debt switch operation. Investors still flagged that sustained easing in yields may require support from the RBI via buybacks, open market operations, or steps to shorten supply duration. “RBI liquidity support is necessary for yields to sustain at lower levels,” said Alok Singh, head of treasury at CSB Bank. “If liquidity stays in surplus, supply won’t be a challenge.” Average daily system liquidity surplus so far in February stands at 2.62 trillion rupees, compared with 660 billion rupees in January.

Indian equity benchmarks extended gains on Wednesday. CSB Bank, BEL, Vedanta, Hindustan Zinc, CarTrade Tech, Hindustan Copper and Shadowfax Technologies remained in focus.

Indian equities saw renewed interest in interest-rate sensitive and consumption-linked pockets, with real estate and FMCG stocks drawing attention. Market participants are increasingly hopeful that the December quarter could mark a turnaround for the real estate sector. Select banking names also remained in focus, with CSB Bank highlighted for its strong provisional numbers and growth potential.

Indian equity benchmarks fell on Monday as IT stocks dragged and concerns over additional U.S. tariffs weighed, while positive business updates that reinforced expectations of better quarterly earnings capped some losses. The Nifty 50 rose as much as 0.17% to a record high of 26,373.20 during the session before reversing gains. It settled 0.30% lower at 26,250.3. The Sensex declined 0.38% to 85,439.62. Both benchmarks had gained about 1.5% each in the last three sessions, with Nifty scaling new peaks. Asian stocks climbed and oil prices fell as investors assessed the implications of U.S. military action in Venezuela. Read more: India’s Nifty 50 hits record high as investors bet on earnings growth recovery Back home, ten of the 16 major sectors declined. IT firms, which earn a significant share of revenue from the U.S., fell 1.4% ahead of their quarterly results scheduled from next week. Recovery in the IT sector will likely be slow and uneven, according to Citi Research. HCLTech lost 2.2% and Tech Mahindra shed about 1% each after CLSA downgraded the stocks.

Indian lenders such as HDFC Bank, Kotak Mahindra Bank and Bank of Baroda logged improved loan growth in the December quarter, data showed, signalling a rebound in credit demand in the world’s fastest-growing major economy. Overall loan growth had slowed sharply in mid-2025 due in part to stricter regulations, but recovered strongly since, with analysts citing festive period spending and the government’s consumption tax cuts among factors pushing up growth. Growth in bank credit decelerated to 9.9% year-on-year in the quarter ended June, data from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% in November, the latest monthly data available showed. “Overall systemic credit growth is showing signs of improvement, at 11.4% year-on-year now from a low of about 9% in May 2025,” said brokerage Emkay in a note. Within retail credit, secured gold loans and vehicle financing are emerging as key growth engines for now, Emkay added. Read more: Indian banking sector resilient, bad loans decline to multi-decade low, RBI report says Since October, the Nifty Bank index gained more than 10%, while the broader benchmark Nifty 50 rose 7%.