The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
On a like-to-like basis, total business grew 31 per cent, and retail business grew 43 per cent in Q3
This was announced when Finance Minister Nirmala Sitharaman met the World Bank group President Ajay Banga
Pricing discipline, improved asset quality key to protecting margins in a softer rate cycle, says MD, CEO, and Executive Director, Hardeep Singh Ahluwalia
The public sector bank profit growth came amid decent growth in total deposits (10.3 per cent y-o-y) and global gross advances (14.7 per cent)
Aggregate disbursements in the quarter were at 29,962 crore, with an AUM of 2,27,770 crore
Total income for Q3 FY26 stood at 753 crore, a 21% growth from the 621 crore in Q3FY25
The position opened up after veteran banker Bhanu Vohra departed in July to join the Indian unit of global consulting firm BDO
Global asset managers are investing in India to take advantage of its ongoing equity boom
The total AUM of the company rose 17.88% to 52,125.31 crore; Non-gold loan businesses accounted for 28.74%
This quarter, the company posted an increase from 2,057 crore reported during the same period in the previous financial year
Consolidated net income was 225 crore ($24.5 million) in the quarter through December, Paytm said Thursday in a disclosure to stock exchanges
The country has also provided 100 per cent FDI (foreign direct investment) commitments in the insurance sector and 74 per cent for banking services
Niva Bupa Health Insurance reports Q3 net loss of Rs 87.64 crore, despite a 55% rise in gross premium
Banks focusing on growing CASA, high yielding book to protect margins
Equitas Small Finance Bank reports 36 per cent y-o-y growth in Q3FY26 PAT, driven by strong advances and record disbursements
Through this collaboration, loans will be disbursed in minutes to eligible Google Pay users who apply for a loan through the app
Despite the push for digital transformation, customer acquisition continues to depend heavily on expensive intermediary networks
The banks NII rose marginally by 1.1 per cent to 9,252 crore, while NIM for the quarter stood at 2.50 per cent
The claim has been paid to farmers in over 30 villages in Tonk and will benefit 500 farmers
Economies that generate sustained external surpluses can finance investment cheaply and stably at home
Lenders, on their part, must recognise that MSE lending is not mass retail; It requires sector knowledge, prudent assessment, and continuous post-disbursement engagement, Nath said
During the nine months of FY26, it settled 1.36 million claims totaling over 8,900 crore and maintained a high 99.2% renewal persistency
The new solutions span strategic decision making, customer onboarding, data quality, customer experience, and application development
Powell also defended the Feds independence amid mounting political pressure from President Donald Trump, declining to comment on investigations involving the central bank.
The aircraft of VSR aviation, solely insured by ICICI Lombard General Insurance, was valued at 50 crore
According pass-through status for AIFs will help its investors earn better return on their investment
The monthly average ATM withdrawal consistently remained well above 5,700
The index measured perceived uncertainty against the national baseline score of 79. Average portfolios currently stall at about two instruments, leaving most households with fragile protection despite feeling initially secure
SBI Lifes net premium income grows 22% to 30,245 crore
Newer models are enabling rewards to function as payment value at checkout, improving utilisation while aligning incentives across consumers, issuers and merchants
This comes on the back of a weak rupee and uncertainty over the India-US trade deal, and news that Bloomberg Index Services would delay inclusion of Indias fully accessible route bonds in its flagship Global Aggregate Index
We are combining deep engineering expertise with advanced AI capabilities to go beyond payments, accelerate innovation, and deliver seamless, secure experiences for millions of customers worldwide,
This move will facilitate capital flows into the Indian financial markets from EU countries
Cost control, better recovery and yield management drove this performance, says MD & CEO Ramesh Babu
Banking operations across the country were affected on Tuesday following the one-day strike
We are continuing to invest in growing our network, and we are aiming at productivity improvement, Piramal Finance MD and CEO Jairam Sridharan
The company said the plan offers lifetime annuity payouts, with an option to continue the same assured income for the lifetime of the surviving spouse
UST to bring in enhanced tech stack involving modern engineering and industry-leading platforms
Currently, while RBI, LIC, GIC etc are working 5 days a week, with all Saturdays of the month being a holiday, Banks have only 2nd and 4th Saturday holiday
By getting in a strategic partner, the Bank can dilute equity its stake in the subsidiary and raise some capital for it, the official said. There is also a possibility that the subsidiary can fund its future growth by deleveraging
To raise 1,000-1,500 crore via NCDs in February, said MD Nirmal Jain
Net advances grew 14 per cent, led by corporate and SME banking, while deposits rose 15 per cent
Investment managers are increasingly eager to capture money flows from high net-worth individuals, in large part because these investors still have negligible exposure to private equity and private credit
Deepak Shetty, President, ICEMA and MD, CEO at JCB India, says domestic demand for CEs in 2025 remained muted.
The average interest rate on CD issuances of 2-3 months tenor has hardened from 6.00-6.10% in the last one month to 6.50-7.00% now
As it does not fit into SEBI fund classification for FoFs

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