BANKING & FINANCE YES Bank’s New MD & CEO Tonse Charts Four-Pillar Growth Strategy

YES Bank has announced that Vinay M Tonse has assumed charge as Managing Director & Chief Executive Officer, signalling the start of a new phase in the bank’s transformation journey. Four-pillar strategy for sustainable growth Under Tonse’s leadership, the bank will focus on four key strategic pillars : people, products, processes, and technology, to drive […]

CW Bureau · Apr 6, 2026

BANKING & FINANCE YES Bank Witnesses Steady Growth; CASA Gains Boost Funding Efficiency

YES Bank reported a steady expansion in its balance sheet for Q4 FY26, with advances rising 10.7% year-on-year to ₹2,72,454 crore. Notably, deposit growth outpaced credit expansion, increasing 12.1% y-o-y to ₹3,18,970 crore, signalling a continued strengthening of the bank’s liability franchise and funding base. CASA accretion enhances cost efficiencyA key highlight of the quarter […]

CW Bureau · Apr 5, 2026

BANKING & FINANCE ESAF Doubles Down On Secured Loans, Advances Jump 19% In Q4

ESAF Small Finance Bank closed FY26 with a clear acceleration in its core lending engine, even as its deposit franchise showed mixed signals. The bank’s Q4 business update points to a strategy that is decisively towards secured lending, stronger disbursement momentum, and balance sheet expansion, though accompanied by some pressure on CASA ratios. Advances drive […]

CW Bureau · Apr 4, 2026

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