The builder has assured residents that affected homebuyers will not be left to bear the financial burden. Buyers whose apartments are located in the tilted tower will receive compensation during the reconstruction period, while the tower itself will be rebuilt for them.
Gold, silver prices today: Check latest gold rates in Delhi, Mumbai, Bengaluru and other cities
Gold rates for 22-carat and 24-carat purity continued to be influenced by global market trends, US dollar movements and domestic demand, while silver prices also reflected changing investment sentiment
Special Intensive Revision: AI used to detect 6.41 lakh anomalies in Bengaluru
For the first time since the enumeration phase began, the Greater Bengaluru Authority has disclosed that there have been at least 6.41 lakh logical discrepancies or anomalies withinitsjurisdiction
SIR: Voters in Karnataka report being marked shifted despite living at same address
As the Special Intensive Revision progresses, several families in Bengaluru have reported that even though the household continues to live at the same address, in many cases one family member has been marked as shifted on the enumeration form
Bengaluru Cab Driver Goes Extra Mile To Return Passenger's Lost Wallet, Wins Hearts Online
The incident came to light when a Reddit user from Bengaluru shared the experience.
Bumrah in focus as India squad for SL Test to be picked next week
Bengaluru, July 25: Pace leader Jasprit Bumrahs fitness will be keenly discussed as Indias squad for the upcoming two-match Test series against Sri Lanka is set to be announced next week. India will open the tour with the first Test at Galle on August 15 before travelling to Colombo for the second Test on August []
Dont dump waste on railway land: South Western Railway
Delegation to apprise Modi of drought in Karnataka: Shivakumar
Pradhans resignation is not out of remorse, says Karnataka Minister Priyank Kharge
Bengaluru road users back asphalt over concrete for Rs 450 crore Outer Ring Road revamp
Bengaluru doctor arrested for assaulting Bangladeshi couple
Greater Bengaluru Authority seeks demolition action plan for tilted wing of 18-storey building
The Greater Bengaluru Authority has directed SNN Raj Etternia to prepare an action plan for demolishing the 18-storey wing of an apartment complex in south Bengalurus Harlur built by them and obtain final approval
How Bengaluru police chose whistles over lathis to ensure peaceful NEET protests
NEET protest: Bengalurean pens song for students fight
Home loan fraud: Bengaluru woman changes sim card & phone, yet loses Rs 45 lakh
Bengaluru doctors call for awareness, not alarm, over rare cardiac arrests in children
Karnataka Public Service Commission under cloud over cash-for-jobs scam
Woman foils molester on bus in Bengaluru; video goes viral
Nano summit in Bengaluru to focus on AI, deep-tech innovation
Aug 3-5
Bengaluru doctor arrested for assulting Bangladeshi couple
Deal to adopt govt schools was done long ago: Shivakumar
Pralhad Joshi steps into education hot seat
Woman, 2 kids jump into pond in Kolar, die
Titled tower razing: Greater Bengaluru Authority seeks demolition plan
Rs 80-crore parking complex at Yeshwantpur APMC in Bengaluru gathers dust before opening
No Takers In Four Rounds Of Tendering; Leaking Walls & Rusting Railings Raise Concerns
Karnataka ranks second in govt dialysis centres, but emergency access a hurdle
Booth-level officers can rectify incorrectly-mapped details: Karnataka chief electoral officer
Bangalore Metro Rail Corporation Limited to induct 13th Yellow Line train into service next week
Of the total 15 trainsets planned for the corridor, 13 will be deployed for regular passenger operations, while two will be maintained as reserve stock to ensure uninterrupted services during emergencies, scheduled maintenance, or unforeseen technical issues, according to officials.
Wider footpaths, remodelled traffic junctions, and effective utilisation of space beneath the metro line are among the priority changes in the revised draft design for the Outer Ring Road redevelopment presented by Greater Bengaluru Development Minister Krishna Byre Gowda
Zero admissions in 20 govt schools as students shift to KPS, PM Shri
MP seeks Puris intervention on jobs for displaced
Sexual harassment case registered after BMTC bus assault video goes viral; police hunt for suspect
The clip shared on social media claimed the suspect had allegedly been boarding BMTC buses on the HebbalManyata route and targeting women passengers by touching them inappropriately.
Veena Devi and her son Sameer transformed a traditional Bihar delicacy into a thriving business in Bengaluru, which has been lauded by R Madhavan. They started MomsMade, offering healthy thekuas made with jaggery and whole wheat. This humble home kitchen venture grew into a successful empire, earning Rs 15 crore annually. The brand now employs 50 women in preparing and packaging traditional Indian snacks. Their inspiring journey highlights the potential of regional recipes in the modern market.
Karnataka government rolls out WhatsApp survey to shape Bengaluru Metropolitan Regions growth
The questionnaire, which takes around six to eight minutes to complete, is available in both Kannada and English.
Rajesh Gopakumar topped the 1987 IIT-JEE with AIR 1, a rank that guaranteed a seat in IIT Computer Science and a lucrative tech career abroad. He turned it down for Pure Physics instead. A PhD at Princeton under Nobel Laureate David Gross followed, along with the landmark Gopakumar-Vafa Duality discovered at Harvard. He later returned to India to lead ICTS-TIFR Bengaluru, building world-class research infrastructure so young Indian scientists no longer need to leave home to excel.
Luxury Housing Outperforms Amid Global Headwinds
Amid global economic instability that has cast a shadow over several asset classes, Indias luxury housing sector is one to watch. Luxury residences continue to attract the interest of high-net-worth individuals (HNIs) and are gaining an increasing share of residential sales. Rising earnings, business success, a growing pool of high-net-worth individuals and unabated interest from Non-Resident Indians have resulted in a persistent demand for upmarket homes. Luxury housing continues to gain momentum as buyers prioritise premium living, quality, and long-term value across key Indian markets A report for H1 FY 2026 by Anarock revealed that luxury and premium homes accounted for nearly 42% of new home supply in key cities and represented about Rs. 2.98 lakh crore of residential sales value, growing 7% year-on-year, while housing sales volume remained largely stable. The data indicate that buyers are choosing more upscale homes, alongside the luxury segments increased market share. Uddhav Poddar, CMD, Bhumika Group said, Despite global economic uncertainties, the luxury housing segment has continued to demonstrate resilience, driven by discerning buyers who are prioritising quality, trust and long-term value over short-term market fluctuations. Todays luxury homebuyers evaluate not only the residence but the overall living experience, including thoughtful design, wellness, connectivity and the credibility of the developer. As aspirations continue to evolve and purchasing decisions become more value-driven, we believe demand for well-planned premium developments will remain strong over the long term . The residential environment is now more appealing for end-users and investors alike, with transparency driven by RERA and quality developments delivered by reputable developers. Among the major cities, Mumbai remains the most expensive residential market in India. Luxury home prices in the Mumbai Metropolitan Region (MMR) have risen by around 43 per cent in the last three years, backed by limited supply and persistent demand from rich homeowners, said ANAROCK. But in terms of transaction value, Delhi-NCR has become the largest luxury home market in the country. Gurpal Singh Chawla, Managing Director, TREVOC Group, said, "The luxury residential market continues to outperform because buyers today are investing in experiences rather than just square footage. They seek homes that combine thoughtful design, timeless architecture and spaces that evolve with their lifestyle. We believe the future of luxury lies in creating residences that deliver enduring value, comfort and a meaningful living experience for generations." Gurugram witnessed sales of properties priced above Rs. 10 crore worth around Rs. 24,120 crore in 2025, beating MMRs Rs. 21,902 crore for the first time, according to data from Sothebys International Realty and CRE Matrix. The trend has continued into 2026, with Gurugram accounting for over 73 per cent of total residential releases in Delhi-NCR during the second quarter. As a major business and financial hub, supplemented with high-end retail, hospitality and social infrastructure, the city continues to attract entrepreneurs, senior executives and worldwide professionals. Mitul Jain, Managing Director, SPJ Group , said, "Luxury housing is witnessing sustained momentum as homebuyers increasingly prioritise quality, exclusivity and long-term value. Today's luxury developments are expected to offer a seamless blend of design excellence, superior amenities and strategic locations, making luxury residences a preferred choice for discerning buyers and investors alike. In Gurugram, robust infrastructure, expanding corporate presence and the emergence of well-planned luxury micro-markets have further strengthened demand for luxury residences. As a result, luxury homes have evolved beyond aspirational purchases into resilient, future-ready assets for both end-users and investors." Noida is fast turning out to be the next luxury destination in NCR. The developing metro network, motorway connectivity and the impending Noida International Airport are turning the city into an appealing destination for luxury residential complexes. Integrated townships, better value propositions and modern infrastructure are luring end users and investors. Salil Kumar, Director, Marketing & Business Management, CRC Group, said, Noidas luxury housing segment has transformed considerably due to the transformative infrastructure developments and the increasing preference for elevated living experiences. Expectations are still evolving, and the luxury segment is setting the bar higher with sophisticated living experiences that are comfortable, functional, and have long-term value. For developers, luxury housing offers the advantage of higher revenue per unit, allowing for greater focus on design, build quality, and customer experience. At the same time, however, buyers are becoming more sophisticated and demanding the worldwide standards of execution, competent property management and long-term after-sales support. Saurab Saharan, Group Managing Director, HCBS Developments Ltd. , said, The definition of luxury has evolved significantly over the last few years. Buyers today are looking for homes that offer spacious layouts, wellness-driven amenities, sustainable design, and superior connectivity. In Gurugram, this shift is particularly evident as infrastructure upgrades and a thriving corporate ecosystem continue to attract discerning homebuyers and investors. As aspirations continue to rise, thoughtfully planned luxury communities are becoming the benchmark for modern urban living, supported by strong end-user demand, limited quality supply, and strong long-term investment potential. Backed by strong economic fundamentals, infrastructure development and changing aspirations of buyers, Delhi-NCR, led by Gurugram and fast catching up Noida, is well placed to remain Indias most vibrant luxury housing market. Mumbai, Bengaluru and Hyderabad continue to be the anchors of Indias premium residential growth.
What a flutter! Bengaluru butterfly watchers map citys winged wonders
The Bangalore Butterfly Club, with 350 members, promotes butterfly conservation and education. Experienced mentors guide enthusiasts in identifying and documenting numerous butterfly species in Bengaluru. Karnataka state boasts over 350 butterfly species, with Bengaluru now hosting approximately 180.
Bengaluru power cut today (July 25): Full list of areas affected by maintenance work
Bangalore Electricity Supply Company Limited announced a power cut for July 25. Urgent maintenance work at the Abbigere substation will cause the disruption. Electricity supply will be unavailable for four hours during the afternoon. Several areas including Kammagondanahalli and Abbigere Industrial Area will be affected. This outage is scheduled to occur between 10 am and 2 pm.
Aster DM Quality Care commits Rs 1,315 crore investment in Karnataka
Aster DM Quality Care will invest Rs 1,315 crore in Karnataka's healthcare infrastructure. This significant investment aims to strengthen the state's medical facilities and services. The company plans to develop new hospitals and expand existing ones in Bengaluru. These developments will enhance access to advanced tertiary and quaternary care. The commitment underscores Aster's long-term confidence in Karnataka's healthcare ecosystem.
Man Highlights Bengaluru's Traffic Chaos With 45-Minute Drive For 4.5 Km
Many people said the situation shown in the video reflected their daily commuting experience in Bengaluru.
Dr. Azad Moopen, Executive Chairman of Aster DM Quality Care , met Shri D.K. Shivakumar and reaffirmed Asters long-term commitment to Karnataka through a planned investment of Rs. 1,315 crore to further strengthen the States healthcare infrastructure. The Honble Chief Minister of Karnataka, Shri D.K. Shivakumar with the Leadership of Aster DM Quality Care Aster has significantly expanded its footprint in Karnataka through Aster CMI Hospital, Aster RV Hospital, Aster Whitefield Hospital, and Aster Women & Children Hospital. The company continues to invest in advanced healthcare infrastructure to meet the growing needs of the State. Speaking after the meeting, Dr. Azad Moopen, Executive Chairman, Aster DM Quality Care, said, Karnataka has been a cornerstone of Asters growth in India and remains one of our most strategic markets. The State is at the forefront of healthcare innovation, supported by world-class clinical talent and a progressive healthcare ecosystem. Our planned investment of Rs. 1,315 crore reflects our long-term confidence in Karnataka. We remain committed to partnering with the Government of Karnataka to strengthen healthcare infrastructure, expand access to advanced medical care, promote medical education and research, and improve healthcare outcomes for the people of the State . Aster DM Quality Care currently operates 39 hospitals with over 10,600 beds and four hospitals in Karnataka with 1,329 operational beds, creating one of the strongest integrated healthcare networks in India and the State. As part of its expansion plans, Aster is developing the 550-bed Aster Hospital, Yeshwantpur, the 460-bed Aster Hospital, Sarjapur, and a 350-bed expansion at Aster CMI Hospital, substantially increasing access to advanced tertiary and quaternary healthcare services in Bengaluru. During the discussions, Dr. Moopen highlighted Asters commitment to supporting Karnatakas healthcare priorities through investments in healthcare infrastructure, medical education, skill development, employment generation, healthcare technology, medical tourism, research, innovation, and charitable healthcare initiatives. Mr. Varun Khanna, Managing Director & Group CEO, Aster DM Quality Care, said, The scale and capabilities of Aster DM Quality Care position us to accelerate the next phase of healthcare transformation in Karnataka. As we continue to strengthen our presence across the State, we aim to make complex and specialised care more accessible while reinforcing Karnatakas position as one of Indias leading centres for healthcare innovation and medical excellence. Ms. Alisha Moopen, Director, Aster DM Quality Care, added, Our focus extends beyond expanding capacity. We are building an integrated healthcare ecosystem that combines advanced clinical care, digital innovation, medical education, research, and compassionate service. Through these investments, we are committed to delivering world-class healthcare while creating sustainable value for patients, communities, and the State of Karnataka. The proposed investment of Rs. 1,315 crore underscores Aster DM Quality Cares long-term vision of making Karnataka one of its most important centres for clinical excellence, innovation, medical education, and patient-centric healthcare. About Aster DM Quality Care Limited* Aster DM Quality Care Limited is one of Indias leading integrated healthcare providers, formed through the merger of Aster DM Healthcare Limited and Quality Care India Limited. The merged entity will bring together four leading healthcare brands - Aster DM, CARE Hospitals, Evercare and KIMSHEALTH, creating a scaled and diversified healthcare platform with a network of 39 hospitals across 28 cities and over 10,600 beds. With a strong presence across South and Central India, the merged entity will deliver comprehensive healthcare services spanning primary, secondary, tertiary and quaternary care, supported by centres of excellence across key specialties including oncology, cardiac sciences, neurosciences, gastro sciences, orthopaedics, nephrology, organ transplantation, mother and child care, and critical care. * Name change subject to receipt of Certificate of Incorporation pursuant to the merger. Currently named Aster DM Healthcare Limited.
Karnataka HC seeks law for abandoned, neglected senior citizens
Bengaluru: In a significant direction aimed at strengthening the welfare of elderly citizens, the Karnataka High Court has asked both the State and Central governments to frame a comprehensive law for the protection, care and rehabilitation of abandoned and neglected senior citizens. The proposed legislation, the court said, should be modelled on the provisions of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Armed men booked for vandalising house, shop in Bengaluru
Bengaluru: Panic gripped residents of Mailasandra Dinnepalya near Bannerghatta in Anekal taluk on the outskirts of Bengaluru after four armed men allegedly stormed a house late on Friday, July 24, night and went on a vandalism spree before fleeing. Police have registered a case and launched a search for the accused. According to police and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Beyond the usual circuit, Uri makes its mark on Kashmir tourism
For decades, Kashmirs tourism narrative has revolved around destinations such as Gulmarg, Pahalgam and Srinagar. But a growing number of travellers are now venturing off the beaten track, discovering the untouched landscapes and village life of Uri in north Kashmir. Among them is Rohini, a Bengaluru native currently based in London, who spent four days exploring the border town and has emerged as an unlikely ambassador for the regions tourism potential. In a video shared on social media, Rohini described her visit to Uri as one of the most memorable travel experiences she has had and encouraged tourists to look beyond the Valleys traditional destinations. Having discovered her accommodation online with little prior knowledge of the area, she decided to take a chance on Uri a decision she said exceeded all expectations. What left the strongest impression, she said, was not only the regions breathtaking scenery but also the warmth and generosity of its people. During her stay, Rohini visited Doodran village, where residents welcomed her into their home and served homemade yogurt. The hospitality of the people of Doodran was one of the most memorable parts of my trip, she said. She also explored Kamman Post and trekked through the surrounding hills with the assistance of a local guide recommended by her hosts. According to Rohini, Uri offers a unique blend of experiences, from village tourism and nature walks to trekking routes suited for both beginners and seasoned hikers. She also praised the local cuisine and accommodation, saying her hosts ensured that visitors felt at home. Calling Uri a safe destination for travellers, she appealed to tourists to experience the area for themselves rather than limiting their itineraries to Kashmirs established resorts. Her endorsement has drawn attention to lesser-known villages such as Bijhama and Doodran, highlighting their potential as emerging destinations for rural, adventure and eco-tourism. The growing interest in Uri reflects a broader shift in Kashmirs tourism landscape. As Greater Kashmir has reported earlier, an increasing number of visitors are moving away from crowded destinations in search of pristine forests, hidden waterfalls and authentic village experiences across north Kashmir. The transformation is also being supported through official efforts to promote border tourism. The civil administration and the Indian Army have launched initiatives to showcase the tourism potential of remote regions, including Keran, Machhal, Gurez, Karnah, Tangdhar and Bangus. As part of these efforts, the Indian Army has launched the Shumali Kashmir online tourism portal and released a comprehensive North Kashmir Tourism Magazine, aimed at promoting border destinations and generating livelihood opportunities for local communities. The publication features detailed destination profiles, travel guides and visual narratives, presenting north Kashmir as a region where adventure, culture, history and nature come together, while encouraging travellers to explore some of the Valleys least-explored landscapes.
Bengalurus Church Street to host weekly busking sessions for independent musicians
Karnataka police chief directs adequate arrangements for protests across State
Directorate of Enforcement attaches 1,906-crore assets in Gameskraft money-laundering probe
The Directorate of Enforcement announced that it has provisionally attached movable and immovable assets worth approximately 1,906 crore belonging to Gameskraft Technologies Pvt. Ltd., its shareholders, and associated entities in connection with a money-laundering case
KPTCL cracks down on 45 self-execution projects violating power rules
Karnataka Power Transmission Corporation Limited has identified 45 cases and served notices to large housing or commercial establishments for failing to complete the mandatory electrical infrastructure within the stipulated timeline under self execution projects or have violated the provisions of the Karnataka Electricity Regulatory Commission
Shivakumar offers world-class office infrastructure at highly affordable costs, including office space in other cities of Karnataka for as little as 50 cents per square foot
Laptop price hikes push firms to buy early, upgrade later
Kengeri-Hejjala railway under bridge to open today ending 7-month commuter ordeal in West Bengaluru
Dissecting the deadpan politics of Gen Z humour
This weekend, step into the world of graphic and digital prints
CCB arrests rowdy-sheeter, seizes eight deadly weapons
Beyond Bengaluru policy in 100 days: Ktaka CM Shivakumar
Man booked for intercepting couple and assaulting them
On this 7km industrial corridor in Bengaluru, expect around 350 bumps & jolts
Karnataka govt to crack down on developers overloading power grid
Karnataka high court rejects second wifes claim in partition dispute
Karnataka high court flags geriatric care gaps, seeks larger govt framework
Man arrested for sexually assaulting cow in Bengaluru
Bengaluru man promised govt job, duped of Rs 26 lakh
More than half of the worlds migratory bird species are declining: Study
I want to build memorial for mom: Fake DRDO officer dupes woman of Rs 2.3 lakh
Authorities should listen to us before going ahead with infra projects: Geologists
'Test at resorts, Rs 80 lakh bribe': Karnataka veterinary doctors allege KPSC recruitment scam
Veterinary doctors have filed a complaint alleging KPSC recruitment irregularities. Middlemen reportedly demanded large sums for securing veterinary officer positions. Audio clips of these alleged deals were submitted to the police. The complaint follows the suspension of the KPSC chairman over selection issues. Opposition parties have criticized the government's handling of the scandal.
Wipro Consumer Care buys TTKs Good Home, Eva brands for Rs 256 cr
Challenge for Shivakumar is to ensure caste, regional balance
Armed with fresh licence, Jakkur flying school set to soar again
Manipal Healths Rs 9,275-cr IPO opens July 29; eyes 3,000 new beds
On compassionate route: Bus driver serves hot meals to poor every morning in Bengaluru
Service centre staffer driving Porsche rams into cab, damages vehicle in Bengaluru
Pronto doubles pay for househelp wearing forehead-mounted cameras
Swiggy bets on higher spend per user to drive profitability
Life has moved on for everyone, but us, say families of Royal Challengers Bengaluru stampede victims
Over a year after the stampede during the Royal Challengers Bengaluru victory celebrations, the department enquiry against three senior IPS officers was closed with them being exonerated
Puppeteer Kathrin Blchert brings her play The Day My Father Became a Bush to Ranga Shankara
The Joke van Leeuwen novel has been adapted by directorSusanne Koschig. It is suited for children above the age of eight, and is part of Ranga Shankaras annual theatre festival for children
Footpath driving cases soar across Bengaluru; footpath parking cases double
Bengaluru has witnessed a sharp rise in driving on footpaths, with 12,032 cases booked in just the first five months of 2026. The annual average for the past six years has been 14,827 cases
Karnataka announces Bengaluru Tech Summit 2026, launches Innoverse Foundation for DeepTech startups
Bengaluru Tech Summit 2026 will focus on emerging technologies including AI, DeepTech, semiconductors, biotechnology, fintech, spacetech and digital infrastructure.
Bengaluru Police nab two members of bus theft gang
Bengaluru: Two alleged members of a gang that specialised in stealing valuables from BMTC bus passengers using a deceptive vomit trick have been arrested by Bengaluru Police on Friday. The arrests are part of an ongoing crackdown on organised thefts in the city. The accused, identified as Mubarak Pasha and Anwar Pasha, were taken into Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
CreditAccess Grameen Limited - First Quarter FY26-27 Results
AUM Grew 16.4% YoY to INR 30,319 Crore PPOP Grew 33.6% YoY to INR 873 Crore PAT Grew 719.7% YoY to INR 493 Crore CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, CA Grameen), Indias leading rural-focused inclusive financing platform, today announced its unaudited and limited reviewed financial performance for the first quarter for the financial year 2026-2027. Business Highlights: Q1 FY27 AUM grew 16.4% YoY from 26,055 crore to INR 30,319 crore Disbursements increased by 11.9% YoY from INR 5,458 crore to INR 6,107 crore Retail Finance portfolio share at 20.6% in Jun-26 Vs 18.1% in Mar-26 Healthy new borrower addition of 2.5 lakh with 35% being New-to-Credit (NTC) Portfolio share of unique borrowers in Group Lending at 46% in Q1 FY27 Vs 36% in Q1 FY26 PAR 0+ decreased from 3.0% in Q4 FY26 to 2.2% in Q1 FY27 X-Bucket Collection Efficiency stood at 99.68% in June 26 Branch network grew by 7.7% YoY from 2,114 in Jun-25 to 2,276 branches in Jun-26 Employee base grew by 3.0% YoY from 21,333 to 21,981 with annualised quarterly attrition rate of 20.6% Financial Highlights: Q1 FY27 Total income increased by 21.9% YoY to INR 1,784 crore Pre-provision operating profit (PPOP) increased 33.6 % YoY to INR 873 crore Credit cost declined by 62.8% YoY to INR 212.5 crore or 0.72% on a non-annualized basis Profit Before Tax (PBT) grew 713.7% YoY from INR 81.1 crore to INR 660.0 crore Profit After Tax (PAT) grew 719.7% YoY from INR 60.2 crore to INR 493.4 crore GNPA / NNPA measured at 60+ dpd (GL) stood 2.18% / 0.76%, with PAR 90+ of 1.46% Robust liquidity of INR 3,535.5 crore of cash, cash equivalents, and investments, 10.4% of the total assets Healthy capital position with a CRAR of 24.9% Credit Rating: AA-/Stable by CRISIL, ICRA & India Rating Commenting on the business performance, Mr. Ganesh Narayanan, Managing Director and Chief Executive Officer of CreditAccess Grameen Ltd , remarked, The Company delivered a steady and disciplined performance in Q1 FY27. AUM grew 16.4% YoY to INR 30,319 crore, notwithstanding the typical Q1 seasonality and continued write-offs over the past 12 months. Retail Finance now constitutes 20.6% of AUM, up from 18.1% a quarter ago, driven by the graduation of long-vintage, credit-tested customers into secured, higher-ticket products, a trend that is expected to gain further momentum. During the quarter, we also completed a private NCD issuance of INR 425 crore, which further diversifies our liability base. Our overall funding profile remains healthy, with foreign borrowings at 23.9% of our liability mix and capital position remaining strong with CRAR at 24.9% . Our asset quality metrics remained within our expected range through the quarter, supported by sustained collection efficiency across all operating geographies. Our continued ability to recover quickly, drove strong improvement in profitability, a trend now visible for the second consecutive quarter. We expect this trajectory to be sustained through the rest of the year helping achieve our FY27 performance guidance. Operating metrics continued to strengthen, with PPOP up 33.6% YoY to INR 873 crore, followed by 62.8% YoY decline in Credit Cost to INR 212 crore, resulting in a PAT of INR 493 crore, up 719.7% YoY. These outcomes lay a strong foundation to undertake 'Project Shakti,' our transformational journey anchored in the strength and resilience of the communities we serve . About CreditAccess Grameen Limited CreditAccess Grameen Limited is Indias leading rural-focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 457 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,276 branches. The Companys Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors.
Centre approves Rs 1,264 crore Ballari-Guntakal rail project
Bengaluru: The Union Cabinet has approved a major railway infrastructure project worth Rs 1,264 crore to construct the third and fourth railway lines between Ballari in Karnataka and Guntakal in Andhra Pradesh. The decision was taken at the Cabinet Committee on Economic Affairs (CCEA) meeting chaired by Prime Minister Narendra Modi. Union Minister Ashwini Vaishnaw, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
CM Vijay Invited For Talks in Bengaluru
To discuss inter-State issues, including the construction of the proposed dam across River Cauvery at Mekedatu
Vaibhav Sooryavanshi Been Sensational, I'm Glad That He Has Done Well, Says Sunil Joshi
Harare Sports Club: Indias stand-in bowling coach Sunil Joshi praised young batting sensation Vaibhav Sooryavanshi for his explosive start to the T20I series against Zimbabwe, adding that he was glad to see the teenager do well in the opening game at the Harare Sports Club. Sooryavanshi's 18-ball fifty, laced with four boundaries and as many sixes, made him the youngest player to score a half-century in international cricket. His blitzkrieg reduced Indias chase of 126 to a mere formality as the reigning T20 World Cup champions reached home with 40 balls remaining and take a 1-0 lead. I think the first thing is, let's focus on his batting. He's been sensational and I'm glad that he has done well. This is a hunting ground for him. He performed well in the U19 World Cup finals here. He had a good performance yesterday as well, Joshi told reporters in the pre-match press conference, ahead of the second T20I on Saturday. He also revealed that some work will be put in on Sooryavanshis bowling skills at the BCCI Centre of Excellence (CoE) in Bengaluru. Vaibhav has been very comfortable with his batting. Whenever we get time in his bowling, I'll work with him in the CoE. Whenever we will see him bowling well, we'll definitely and quickly focus on that. Addressing comparisons surrounding emerging seam-bowling all-rounder Suryansh Shedge, Joshi urged patience and persistence with young talents adapting to the demands of international T20 cricket. Look, we shouldn't compare. Suryansh is making his place in the Indian team. Hardik (Pandya) has made his place. Shivam (Dube) has also made his place. So, he's a rising talent. We have to persist with him. He's working on good things, and good areas. That's what we want in the T20 format. Addressing comparisons surrounding emerging seam-bowling all-rounder Suryansh Shedge, Joshi urged patience and persistence with young talents adapting to the demands of international T20 cricket. Also Read: Live Cricket Score The coaches always want him to improve every time for the better and Harsh Dubey has also performed well. We also have Tilak Verma with us. In fact, he's also another optional bowler. We have conversations with him about not giving too many runs, giving more dot balls, and focusing on the basics. That's it, very simple and just keep it simple. Article Source: IANS
With an annual revenue target of 11,000 crore for the current financial year, the Department of Mines and Geology will assign district-wise revenue and operational targets to geologists, Secretary of the MSME and Mines and Geology Department Rohini Sindhuri said
Bengaluru Tech Summit 2026 to be held from Nov 17-19
BTS 2026 is expected to bring together more than 1,800 exhibitors, 25,000 delegates, 1,000 tech startups, and over 60,000 business visitors from 75 countries and 30 States & Union Territories of India.
Karnataka Chief Minister Invites CEOs to Partner in State Development
Bengaluru, July 24: Chief Minister D.K. Shivakumar called on industry leaders to partner with the Karnataka government in shaping the next phase of the states development. Speaking on Friday, he emphasized the need for expanding world-class infrastructure beyond Bengaluru, establishing an AI university through industry collaboration, and unveiling new policies to strengthen the technology ecosystem. ... Read more Karnataka Chief Minister Invites CEOs to Partner in State Development
CM DK Shivakumar Unveils Beyond Bengaluru Infra Plans
Addressing CEOs at a breakfast meeting, the CM said Bengaluru's greatest strength lies in its talent pool and innovation ecosystem
Why homebuyers in Bengaluru are looking beyond conventional parameters
Bangalore's luxury homebuyers now prioritize location and construction quality. They seek homes offering natural light and efficient space planning. Developers like 42 Estates focus on thoughtful planning and enduring craftsmanship. Buyers evaluate projects based on community feel and long-term appreciation potential. This shift defines premium living as a blend of lifestyle and investment.
The defence startup sells only to armed forces. Its systems have been through trials with the Indian Army and the Navy's marine commandos.
