BANKING & FINANCE Repco Home Finance Targets ₹25,000 Cr Disbursement In Two Years

Repco Home Finance Ltd (RHFL), Chennai-based housing finance firm, has set a target of achieving Assets Under Management (AUM) of ₹18,000 crore and loan disbursements of ₹5,000 crore during FY27 as it steps up growth across key markets. “We want to disburse about Rs.5,000 crore and increase our AUM to Rs.18,000 crore. Two years down […]

CW Bureau · May 26, 2026

BANKING & FINANCE Sundaram Finance PAT Jumps 11% To ₹608 Cr In Q4; FY26 Income Up 17%

Sundaram Finance posted a standalone profit after tax (PAT) of ₹608 crore in Q4FY26, registering an 11.4% growth compared with ₹546 crore in the corresponding quarter last year. Total standalone income for the quarter rose 14.1% to ₹2,103 crore from ₹1,843 crore a year ago. For the full year FY26, standalone PAT increased 18.9% to […]

CW Bureau · May 25, 2026

BANKING & FINANCE Indian Bank To Sharpen Focus On AI-Led Digital Banking, RAM Segments

As part of its growth strategy for FY27, the leading public sector lender Indian Bank will sharpen its focus on AI-driven digital innovation in banking products and services while deepening its presence in retail, agriculture and MSME (RAM) segments. “Our priorities include deepening customer trust through seamless digital product penetration and embedding compliance as a […]

CW Bureau · May 23, 2026

BANKING & FINANCE Canara HSBC Life Declares ₹271 Cr Bonus For 2.33 Lakh Policyholders

Canara HSBC Life Insurance Company Ltd, a life insurance company offering protection and long-term savings products, has announced a bonus of ₹271 crore for FY26 for policyholders holding participating (PAR) policies. The bonus will benefit around 2.33 lakh policyholders whose participating policies were in force as of March 2026. The company said the declared bonus […]

CW Bureau · May 22, 2026

BANKING & FINANCE RBI Approves Record ₹2.86 Lakh Cr Surplus Transfer To Central Govt

Reserve Bank of India (RBI) has approved the transfer of a surplus of ₹2,86,588.46 crore to the Central Government for the accounting year 2025-26, marking one of the highest-ever payouts by the central bank. The decision was taken during the 623rd meeting of the Central Board of Directors of the RBI held in Mumbai under […]

CW Bureau · May 22, 2026

BANKING & FINANCE Non-Metro Drives Motor Insurance Growth As EV Policies Surge 670%

India’s motor insurance market witnessed strong growth in FY26, led by rising adoption in non-metro cities and a sharp surge in electric vehicle (EV) insurance demand. According to a motor insurance trend analysis by Policybazaar, the car insurance market recorded an 8% year-on-year growth during FY26, while two-wheeler and commercial vehicle insurance segments grew by […]

CW Bureau · May 22, 2026

BANKING & FINANCE Sammaan Capital Targets ₹70,000 Cr AUM In FY27 After IHC Investment

Sammaan Capital Ltd, one of India’s leading non-banking financial companies (NBFCs), has set a target of achieving assets under management (AUM) of ₹70,000 crore in FY27, backed by annual disbursements of around ₹30,000 crore. The company had reported a total AUM of ₹53,160 crore as of March 2026. Strong balance sheet position The NBFC said […]

CW Bureau · May 22, 2026

BANKING & FINANCE Muthoot MCred Profit Jumps 223% In Q4, Income Rises 54% To ₹337 Cr

Muthoot MCred Ltd, formerly known as Muthoottu Mini Financiers Ltd, a gold loan non-banking financial company (NBFC), reported a 222.67% year-on-year rise in net profit for the fourth quarter of FY26 at ₹62.97 crore, compared to ₹19.52 crore in the corresponding quarter of the previous financial year. The company reported total income of ₹337.24 crore […]

CW Bureau · May 22, 2026

BANKING & FINANCE Repco Home Finance Q4 Profit Rises To ₹129 Cr; Asset Quality Improves

Repco Home Finance Ltd, a housing finance company focused on retail home loans, reported a standalone net profit of ₹129 crore for the March quarter, up ₹4 crore over the corresponding period last year on improved income and asset quality. Loan sanctions registered a 25% increase at ₹1,320 crore, while loan disbursements grew 22% to […]

CW Bureau · May 22, 2026

BANKING & FINANCE Muthoot Finance Targets 15% Growth In Assets Under Management In FY27

Muthoot Finance Ltd, India’s largest gold loan non-banking finance company, is targeting around 15% growth in assets under management (AUM) this year, supported by continued demand for household gold loans and expansion across subsidiaries. “For the last 10 years, we have been giving a guidance of 15% in first quarter. In the next two quarters, […]

CW Bureau · May 20, 2026

BANKING & FINANCE TSF Investments Posts 29% Jump In FY26 Consolidated Profit At ₹530 Cr

TSF Investments Ltd has reported a consolidated net profit of ₹530.21 crore for FY26, registering a growth of 28.66 per cent compared with ₹412.09 crore recorded in the previous financial year. The FY26 performance includes a gain of ₹40.99 crore arising from the fair valuation of previously held equity interest in Axles India Ltd following […]

CW Bureau · May 20, 2026

BANKING & FINANCE TVS Venu Group Set To Acquire 9.9% Stake In Jana Small Finance Bank

TVS Motor Company promoter group TVS Venu Group has agreed to acquire a minority stake in Jana Small Finance Bank through a mix of primary issuance of warrants and secondary share purchase. The proposed transaction will give TVS Venu Group an equity ownership of up to 9.9% in Jana Small Finance Bank on a fully […]

CW Bureau · May 18, 2026