BANKING & FINANCE Retail Deposits Rise 30% As Bandhan Bank Reduces Bulk Exposure In Q4

Bandhan Bank’s business update for the March quarter of FY26 points to a calibrated growth trajectory, marked by steady advances expansion and a clear shift towards granular, retail-led deposits, even as CASA ratios remain under pressure. Credit growth remains steady The bank’s advances portfolio rose 12.6% year-on-year to ₹1,54,235 crore, compared with ₹1,36,995 crore in […]

CW Bureau · Apr 4, 2026

BANKING & FINANCE Capital Trust Enters Gold Loan Space, Positions As Tech-Led Challenger

Capital Trust Ltd (CTL), a listed NBFC with a strong foothold in MSME lending, has announced its strategic foray into the gold loan segment, positioning itself as a new-age challenger to legacy players. Built ground-up for new regulatory regime As a new entrant, CTL has built its gold loan operations from the ground up in […]

CW Bureau · Apr 4, 2026

BANKING & FINANCE HDFC Bank Reports Steady Growth In Advances And Deposits In Q4 FY26

HDFC Bank, in its Q4 FY26 business update to stock exchanges, reported steady growth across key operational metrics, including advances and deposits, reflecting sustained momentum in its core business segments. Advances growth remains stable The bank’s average advances under management stood at ₹ 29,64,400 crore for the March 2026 quarter, registering a growth of around […]

CW Bureau · Apr 4, 2026

BANKING & FINANCE Satin Finserv Scales Past ₹1,000 Cr AUM With Strong FY26 Momentum

Satin Finserv Ltd (SFL), a wholly owned subsidiary of Satin Creditcare Network Ltd (SCNL), has crossed ₹1,000 crore in assets under management (AUM) in FY26, marking a key scale milestone and a 93% year-on-year growth. The performance underscores strong operating momentum, portfolio expansion, and continued parent support, as the company advances its strategy of building […]

CW Bureau · Apr 3, 2026

BANKING & FINANCE Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank

Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]

CW Bureau · Apr 3, 2026

BANKING & FINANCE Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank

Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]

CW Bureau · Apr 3, 2026

BANKING & FINANCE The Curious Case Of ₹2,000 Note: From Crisis Saviour To Quiet Exit

In the chaotic aftermath of India’s landmark 2016 demonetisation, when high-value ₹500 and ₹1,000 notes were abruptly scrapped, a new face of liquidity emerged, the ₹2,000 banknote. The magenta-hued currency was a note born in crisis, but never meant to be permanent. It was, in many ways, a stopgap, designed to quickly remonetise an economy […]

Sajan C Kumar · Apr 1, 2026

BANKING & FINANCE India’s Net External Liabilities Narrow On Strong Overseas Asset Build-Up

India’s external balance sheet strengthened in the third quarter of FY26, with net claims of non-residents declining sharply, reflecting a faster expansion in overseas assets held by residents compared to foreign investments into the country. Net IIP improves on faster asset accumulation According to the Reserve Bank of India’s data on India’s International Investment Position […]

CW Bureau · Mar 31, 2026

BANKING & FINANCE CMS Info Systems Acquires ATM Services Business Of FSS For ₹115 Cr

Business services company CMS Info Systems Ltd has acquired the ATM managed services business of Financial Software and Systems Pvt Ltd (FSS) for a purchase consideration of up to ₹115 crore. The transaction involves the transfer of operating assets and the novation of customer contracts. The acquisition adds 8,000 units and introduces new private sector […]

CW Bureau · Mar 29, 2026

BANKING & FINANCE RBI Eyes Enhanced Safety In Digital Payments Under Its Vision 2028

India’s banking regulator, the Reserve Bank of India (RBI), is considering measures to enhance safety in digital payments, including enabling customers to switch transactions on or off across digital payment modes through issuer channels. According to Payments Vision 2028, released by the RBI, the central bank also plans to introduce a shared responsibility framework under […]

CW Bureau · Mar 29, 2026

BANKING & FINANCE Digital NBFCs’ Personal Loan Book Set To Surpass ₹3.6 Lakh Cr By FY30

The personal loan portfolio of digital NBFCs is expected to exceed ₹3.6 lakh crore by FY30, translating into a CAGR of 26%–28% over FY25–FY30. Growth prospects remain strong, driven by increasing digital penetration and an expanding borrower base, according to a CareEdge report. Outstanding Personal Loan Portfolio Doubles As per data from the Fintech Association […]

CW Bureau · Mar 28, 2026

BANKING & FINANCE Oriental Insurance Hits ₹20,000 Cr Gross Premium Milestone In FY26

The Oriental Insurance Company Ltd (OICL) has crossed ₹20,000 crore in gross premium for FY 2025–2026, marking a significant milestone in its growth journey. This achievement reflects the growing trust of policyholders, intermediaries, and stakeholders, not only in OICL but also in public sector insurance institutions at large. The milestone aligns with the government’s broader […]

CW Bureau · Mar 27, 2026