BANKING & FINANCE
City Union Bank Eyes Mid-Teen To High-Teen Credit Growth During FY26
Private sector lender City Union Bank Ltd (CUB) has crossed the ₹10,000-crore net worth milestone, a significant landmark in the bank’s history, its Managing Director & CEO N. Kamakodi said. Speaking during an analysts’ call, Mr. Kamakodi noted that his 15-year tenure as MD & CEO will conclude on April 30, marking the completion of […]
CW Bureau
·
Feb 8, 2026
BANKING & FINANCE
SBI Net Surge Driven By Lower Credit Costs, Improved Asset Quality
State Bank of India (SBI), the country’s largest commercial bank, delivered a strong earnings performance in the December quarter of FY26, with standalone net profit rising 24.49% year-on-year to ₹21,028 crore. The sharp improvement was driven primarily by lower provisioning costs and sustained asset quality gains, even as margins moderated marginally. The standout feature of […]
CW Bureau
·
Feb 8, 2026
BANKING & FINANCE
TMB Eyes Co-Lending, To Up Focus On Retail Sector For Credit Growth
Tamilnad Mercantile Bank (TMB) is setting the stage for its next phase of growth by strengthening its core MSME franchise, preparing for a measured entry into co-lending, and gradually expanding its footprint beyond Tamil Nadu, even as it maintains a conservative risk posture. The bank is gearing up to enter the co-lending space, but management […]
CW Bureau
·
Feb 7, 2026
BANKING & FINANCE
Repco Home Finance Q3 PAT Increases Marginally To ₹109 Cr
Repco Home Finance Ltd (RHFL) posted a marginal increase in its standalone net profit for the December quarter at ₹109 crore, compared with ₹107 crore in the corresponding period last year. Income from operations rose 3% year-on-year to ₹457 crore. Net interest income (NII) increased to ₹208 crore from ₹198 crore, while net interest margin […]
CW Bureau
·
Feb 5, 2026
BANKING & FINANCE
TMB Net Up 14% In Q3 On Advances Growth, Improved Asset Quality
Private sector lender Tamilnad Mercantile Bank (TMB) has reported net profit of ₹342 crore for Q3FY26 as compared with ₹300 crore in the corresponding quarter of last fiscal, registering an increase of 14%, on the back of asset quality improvement and execution excellence across the organisation. Total income of the bank rose by 9.6% to […]
CW Bureau
·
Feb 4, 2026
BANKING & FINANCE
Five-Star Business Finance In Final Phase Of Asset Quality Restoration
Five-Star Business Finance is in the final leg of resolving its asset quality challenges and behavioural stress in its loan book, with management indicating that growth acceleration will follow once the clean-up is fully stabilised, Chairman and Managing Director Lakshmipathy Deenadayalan said during the company’s Q3 conference call with analysts. The lender, which has been […]
CW Bureau
·
Feb 4, 2026
BANKING & FINANCE
Manappuram Finance Lays Down Six Strategies For Future Growth
Manappuram Finance Ltd has laid out six strategies priorities as part of its ongoing business transformation, expressing confidence about growth prospects and operational improvements. During an analysts call, the company CEO Deepak Reddy outlined six priorities – accelerating gold, consolidating non-gold business, organisational effectiveness, infusing top talent, getting ready for medium to long term and […]
CW Bureau
·
Feb 4, 2026
BANKING & FINANCE
Sundaram Finance Q3 Consolidated Net Profit Rises 16% To ₹523 Cr
Sundaram Finance Ltd (SFL) has posted a 16% increase in its consolidated net profit for the December quarter at ₹523 crore over the corresponding period last year. Total revenue from operations rose to ₹2,514 crore from ₹2,190 crore in the same period last year. Net profit included an exceptional item of ₹67 crore due to […]
CW Bureau
·
Feb 2, 2026
BANKING & FINANCE
City Union Bank Q3 Net Up 16% To ₹332 Cr On Improved Asset Quality
Private sector lender City Union Bank Ltd has reported a 16% increase in its standalone net profit for the December quarter at ₹332 crore over the corresponding period last year, driven by higher income and improved asset quality. Net interest income grew 28% to ₹752 crore, while non-interest income rose 7% to ₹245 crore. Net […]
CW Bureau
·
Feb 2, 2026
BANKING & FINANCE
Indian Bank Bets On Digital, AI To Double Business In Five Years
Public sector lender Indian Bank is on track to achieve its digital business target of ₹25 lakh crore by December 2029, said its MD & CEO Binod Kumar. Currently, digital business accounts for 15% of total business, and the bank aims to raise this to 50% over the next two to three years, for which […]
CW Bureau
·
Feb 1, 2026
