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The Hindu Businessline

Personal Finance / The Hindu Businessline

IndusInd Bank posts 72% rise in Q1 profit as asset quality improves

Despite modest growth in net interest income and continued pressure on margins, IndusInd Bank expects net interest margins to improve in the second half of FY27, with loan growth matching industry trends

22 Jul 2026 9:32 pm
Total flow of financial resources to the commercial sector zoomed 148% to 7.73 lakh cr in Q1FY27

With interest rates in the bond market tightening, corporates tapped banks for credit in a big way in the first three months of current

22 Jul 2026 9:11 pm
UCO Bank Q1 net up 8% at 656 crore on higher operating profit and lower provisions

The banks net interest income rose to 2808.26 crore from 1403.23 crore for the corresponding period last fiscal.

22 Jul 2026 8:35 pm
Nippon Life India AMC net up 27% on higher inflows

Equity MF average AUM grew 22 per cent YoY to 3.51 lakh crore

22 Jul 2026 7:14 pm
RBI draft foreign investment rules may reshape deal structures, speed policy implementation

Proposed framework could reduce delays in implementing FDI reforms while changing how downstream investments and shareholder rights are assessed, experts said

22 Jul 2026 7:10 pm
Insurance distribution reforms must preserve commercial viability of intermediaries: IBAI President Narendra Kumar Bharindwal

Insurance Brokers Association of India (IBAI) celebrates 25 years of contribution to the insurance industry this week

22 Jul 2026 7:09 pm
Go Digit provides retirement solution with split in annuity plan

Customers can choose between immediate and deferred annuity options, with deferment of up to 15 years

22 Jul 2026 6:43 pm
Aye Finance posts 144% profit jump in Q1 FY27

Aye Finance shares fall despite strong quarterly results

22 Jul 2026 4:49 pm
CSB Bank Q1 results: Profit jumps 27% to 150 cr

Total income rises to 1,516 crore from 1,286 crore a year ago

22 Jul 2026 3:27 pm
TVS Motor indicates it may spin-off financial services business in future at appropriate time

TVS Credit reported a total Income of 1,918 crores for Q1 FY27, a growth of 13% from Q1 FY26, and a net profit of 208 crores for Q1 FY27, a growth of 15% compared to the same period last year

22 Jul 2026 3:12 pm
India Mortgage Guarantee Corp appoints financial services veteran Rajesh Sud on its board

MGC is backed by global and multilateral institutions, including Enact Holdings, Sagen, International Finance Corporation, Asian Development Bank and National Housing Bank

22 Jul 2026 12:47 pm
Bandhan Bank shares tank 18% as FY27 RoA guidance cut spooks investors

Nomura maintains a neutral rating with a target price of 190

22 Jul 2026 11:15 am
ABCL pumps 123.89 crore into health insurance arm via rights issue

ABCL's percentage shareholding in ABHI remains unchanged at 45.89% following the transaction

22 Jul 2026 10:52 am
PFRDA opens on-tap registration for pension fund managers under NPS

The move allows eligible firms to apply at any time to manage assets under the National Pension System and Unified Pension Scheme

21 Jul 2026 10:28 pm
TFCI Q1 profit doubles to 61 crore on higher interest and other income

TFCIs gross NPA ratio rose marginally to 0.41 per cent, while net NPAs remained nil due to full provisioning

21 Jul 2026 10:02 pm
Mahindra Finance Q1 PAT jumps 70% to 899 crore as AUM rises 13%

Disbursements increased 22% to 15,564 crore from 12,808 crore a year earlierMahindra Finances profit surged 70 per cent to 899 crore in the first quarter as AUM grew 13 per cent to 1.37 lakh crore, with Chairman Anish Shahs FY26 message highlighting the tighter risk controls, digital transformation and diversification strategy supporting the companys next phase of growth.

21 Jul 2026 9:27 pm
Bandhan Bank Q1 net up 35% at 501.67 crore as provisions fall 40.5%

During the first quarter this fiscal, the banks NII rose 5.92% y-o-y at 2,920.58 crore from 2,757.24 crore for the corresponding period last fiscal

21 Jul 2026 9:25 pm
Punjab & Sind Bank expects relaxation in FCNR(B) norms for banks without foreign branches

Bank outlines long-term strategy to expand its total business mix to 4 lakh crore by FY29

21 Jul 2026 8:21 pm
PNB plans to enter acquisition finance from Q3

Punjab National Bank plans to enter the acquisition finance business from Q3 FY27, following the RBIs new regulatory framework

21 Jul 2026 8:18 pm
Aditya Birla Sun Life AMC net up 12% on better inflows

Passive fund AUM has grown over two times to 1.23 lakh crore against 5,300 crore.

21 Jul 2026 5:24 pm
Paytm plans to infuse 100 cr in wealth tech arm Paytm Money

The company expects to close the transaction by September 30

21 Jul 2026 4:59 pm
Insurance sector sees sharp rebound in June; health, motor to drive growth outlook: Report

Retail health premiums surge 33%; Motor insurance also gains pace with 14% growth; fire insurance continues to weigh on industry performance, with premiums declining 23%

21 Jul 2026 11:26 am
Samsung launches its first US co-branded credit card with Barclays

Galaxy Card offers 5% cash back on Samsung purchases; signals broader fintech push

21 Jul 2026 9:34 am
NHA de-empanels over 2,000 hospitals in fraud crackdown under AB PM-JAY: Report

National Anti-Fraud Unit under AB PM-JAY imposes penalties worth 114.06 crore on hospitals, report says

20 Jul 2026 9:52 pm
Fresh FCNR (B) deposit inflows robust at $17.406 billion under RBIs limited period swap facility

Among Banks, State Bank of India and Punjab National Bank have reportedly seen fresh inflows of about $1.90 billion and $425 million via fresh FCNR (B) deposits

20 Jul 2026 9:28 pm
What investors need to glean from HDFC Banks Q1 FY27 results

Markets reaction reflects concerns over NIM compression but the bank has long-term levers for margin expansion

20 Jul 2026 9:27 pm
Karur Vysya Bank net profit rises 45% in Q1FY27

Profits were driven by a 32% growth in net interest income

20 Jul 2026 9:05 pm
Indian Overseas Bank net rises 49% in Q1FY27 on higher NII, recoveries

The bank has set a target of raising around $1 billion across both FCNR (B) deposits and Overseas Foreign Currency Borrowings (OFCBs) by September

20 Jul 2026 9:03 pm
A large part of Niva Bupas focus is attracting young customers, says Deputy CEO Ankur Kharbanda

Kharbanda emphasised the companys aim to diversify and strengthen their distribution further in India

20 Jul 2026 8:26 pm
RBIs concessional swap facility attracts $20.72 billion in forex inflows

Introduced to boost capital inflows and strengthen Indias external sector, the RBIs swap facility remains open until September 30 for FCNR(B) deposits and December 31 for OFCBs and ECBs

20 Jul 2026 8:04 pm
Scapia announces 20 crore ESOP buyback for employees

The move follows Scapias recent $63 million fundraise and underscores its focus on rewarding employees while expanding its AI-driven travel platform

20 Jul 2026 7:55 pm
Karnataka Bank appoints Aruna Shyam as Additional Director

Aruna Shyam is a postgraduate in Business Law and holds a doctorate in Law

20 Jul 2026 6:44 pm
Indian Overseas Bank Q1 profit surges 49% to 1,659 cr

Total income rose to 10,938 crore during the April-June period from 8,866.47 crore a year earlier, the bank said in a stock exchange filing

20 Jul 2026 3:14 pm
IL&FS Group repays 50,387-crore debt by June 2026, achieves 82.6% of resolution target

IL&FS trimming debt through asset resolution, interim distribution, including cash & InviT units, among others

20 Jul 2026 3:10 pm
1 in 5 gold loans given to a borrower with an NPA on other trade lines: Bhavesh Jain, MD & CEO, TransUnion CIBIL

New-to-credit borrowers now opting for personal loans, especially the phone financing category, says the TransUnion CIBIL head

20 Jul 2026 2:31 pm
The Latest Fixed Deposit Interest Rates: Jul 20, 2026

The Latest Fixed Deposit Interest Rates: Jul 20, 2026

20 Jul 2026 12:08 pm
The Latest Home Loan Interest Rates: Jul 20, 2026

The Latest Home Loan Interest Rates: Jul 20, 2026

20 Jul 2026 12:08 pm
Anicut Capital kicks off 3,000 crore fundraise across four new funds

Speaking to businessline, IAS Balamurugan, Managing Partner & Co-founder of Anicut Capital said, among the news funds three are equity-focused while one is a private credit fund

20 Jul 2026 12:00 pm
Bitcoin ETFs log second week of inflows, breaking two-month rout

The reversal, combined with flows into ETFs tied to Ether, the second-largest cryptocurrency, could signal positive sentiment returning to the market

20 Jul 2026 11:52 am
Wedge between deposit growth and credit growth may continue with geo-political risks: SBI Research

The ERDs report noted that banking system has experienced persistent and rapid expansion in bank credit with a growth of 18.6% for the fortnight ended 30 June 2026

20 Jul 2026 10:44 am
IDBI Bank divestment unjust to SC/ST/OBC staff cause: Former Secretary EAS Sarma

I hope that good sense will prevail on the Finance Ministry, and the government will drop the proposal once for all, says former secretary to government

20 Jul 2026 9:04 am
FCNR(B) mobilisation starts slow; banks remain optimistic on September-end targets

Tax considerations, narrowing India-US yield spreads and competing investment options keep NRI participation cautious, even as banks intensify outreach efforts and target higher collections by September

19 Jul 2026 10:02 pm
IDBI Bank sale move faces call for review on governance, sovereignty grounds

Proposal raises concerns of constitutional governance, economic sovereignty, parliamentary accountability and long-term national interest, says officers and employees union

19 Jul 2026 10:56 am
HDFC Bank Q1 profit up 5%; CEO signals growth push says bank is on the cusp of pressing the pedal

The banks net profit rose by about 10% this quarter after adjusting last years profit for HDB Financial Services IPO gains, provisions, and tax credits

18 Jul 2026 9:56 pm
ICICI Bank posts 16 per cent growth in Q1 profit at 14,805 crore; NIM remains stable

Indias second largest private sector bank had recorded a net profit of Rs 12,768 crore in the year ago period

18 Jul 2026 9:27 pm
Lower provisioning and recoveries boost Axis, Kotak and IDBI profit in Q1; YES Bank bucks the trend

Lower provisioning and strong recoveries helped Axis Bank, Kotak Mahindra Bank and IDBI Bank post healthy profit growth in the June quarter, while YES Bank delivered a strong performance driven by the strength of its core earnings engine

18 Jul 2026 9:24 pm