The Hindu Businessline

Reports net loss of 13.72 crore in Q1FY27

ICICI Bank completes issuance of $300 million Senior Unsecured Fixed Rate Notes

Income from investments was about 4 per cent lower at 2,171 crore

Over their lifetimes, the 10 best-funded companies in the ecosystem have raised about $9.4 billion

Of the total sanctions, the MSME segment accounted for 615 crore

Company posted 81.3 crore first quarter net profit

ProShield is a dedicated solution created to support military personnel by offering protection, convenience, and reliable financial assistance

Product designed for Indians travelling overseas for leisure, business, education and employment

The divergence was largely driven by group single-premium business. Industry-wide group single premium jumped 30.9 per cent to 27,857.01 crore in July from 21,280.53 crore a year ago

The IPO is expected to comprise a primary share sale, with no secondary offering by existing shareholders, the people said. Navi is seeking a valuation of as much as $2 billion and is targeting to file the prospectus by December

Mergers and acquisitions from foreign investors into Indias financial sector totalled $11.7 billion in 2025, according to Grant Thornton

Q1 Results Today, 13th August 2026 Live Updates: Follow Q1FY27 live updates from businessline

Strong investor appetite helped SBI tighten pricing by 32 bps from the initial guidance of 120 bps, resulting in a final spread of 88 bps over US Treasuries

The infrastructure financier expects domestic long-term savings to play a bigger role in funding projects and other long-duration assets

The fintech firm is targeting faster growth through Rediff, US payments expansion and an AI-led transaction intelligence platform called TISco.

Jio Credit is betting on digital innovation and fresh capital to transform credit delivery across India

Mediclaim financing vertical delivers its strongest quarterly performance to date

The feature allows investors to track demand and supply dynamics in real time before the market officially closes, and is intended to help them assess portfolio and derivatives positions ahead of the final settlement price

The minimum application size is 10,000 across all Series of NCDs and in multiples of 1,000 thereafter

The proposals include reintroducing merchant discount rates (MDR) on high-value transactions and establishing a tiered incentive structure to phase out government subsidies over the next few years.

Experts say RBIs decision will hinge on Tata Sons systemic importance and regulatory considerations rather than leadership changes, even as listing debates intensify within Tata Trusts and the SP Group

Brokerages noted that banks had mobilised $36.7 billion in fresh FCNR deposits as of July 31, surpassing $24.5 billion mobilised during the entire 2013 window, which represented 2% of system deposits and 9% of FCA

SBI Managing Director Rama Mohan Rao Amara says the bank is also deploying artificial intelligence, including Large Language Models, to automate processing of cheques up to 10,000.

Central Bank of India surpasses the $100-million target set for July

SBI raises $500 million through a five-year dollar bond issued via its London branch

Q1 Results Today, 12th August 2026 Live Updates: Follow Q1FY27 live updates from businessline

The new lending avenue is helping banks tap sectors such as software, where companies traditionally have had limited need for bank financing.

The shift towards higher-value loans comes as lenders seek stronger borrower profiles and tighter risk management following stress in the sector.

The average ticket size is expected to be 1.25-1.5 lakh, with a maximum loan size of 2 lakh

In the reporting quarter, the NBFCs net interest income (difference between interest earned and finance costs) rose 33% yoy to 1,464 crore (1,104 crore in Q1FY26)

Senior executives highlight its potential to transform decision-making, security and innovation across the sector

Access has also been relatively quick, with nearly 95 per cent % of eligible applicants receiving approval for a credit line within two hours, Kiwi said.

Assets under management grew by 57.20 per cent to 69,635 crore

Customers with CDSL demat account can now apply for Loan Against Shares (LAS) completely online through the Mirae Asset Financial Services website or mobile app

The loan will be processed online through the Mirae Asset Financial Services website or mobile app, replacing a manual, paper-intensive process

By harnessing AI capability, the economics of credit delivery changes fundamentally, banks can serve customers better and enhance their operational efficiency, he said

In the light of India hosting the 2026 edition of the BRICS summit, cross-border payments is considered an area of interest

HDFC Bank plans to raise as much as $1 billion through a dollar bond sale and is in talks with foreign lenders to arrange the sale that could take place in the next few weeks

The central bank Governor, however, warned that AI use entailed risks including biased or opaque decision, besides data privacy and cybersecurity threats

US President Trump has renewed his efforts to remove Fed Governor Lisa Cook over unproven mortgage fraud allegations, while his administration is anxious that the Fed could raise interest rates next month

Q1 Results Today, 11th August 2026 Live Updates: Follow Q1FY27 live updates from businessline

Loan disbursements jump 88% to 1,783 crore; gross NPA eases to 2.51%

Analysts attribute the move to a combination of easing deposit costs, repricing of the deposit book and strong inflows into foreign currency non-resident [FCNR(B)] deposits, which provide banks access to relatively cheaper funds than domestic term deposits

Subramanian, who was theformer chairperson of National Agriculture Insurance Company of India (AIC)joined the Authority on Monday, the insurance regulator said in a release

The government has recently proposed levying a nominal merchant discount rate (MDR) on a limited set of UPI merchant transactions above a certain threshold

The stake sale raised LICs public shareholding from 3.5 per cent to 10%, allowing the government to meet the minimum public shareholding requirement ahead of the regulatory deadline

Between June 5, 2026, and July 30, 2026, the public sector bank mobilised $207.46 million via FCNR-B deposits of 3-5 years tenor

Q1 Results Today, 10th August 2026 Live Updates: Follow Q1FY27 live updates from businessline