BANKING & FINANCE
Northern Arc Capital Q1 Profit Jumps 41% To ₹114 Cr On Loan Book Growth
Diversified financial services platform Northern Arc Capital Ltd reported a 41% year-on-year increase in its consolidated profit after tax (PAT) to ₹114 crore in the first quarter of FY27, driven by healthy growth in lending assets, higher net interest income and improving asset quality. The company’s net interest income (NII) rose 32% year-on-year to ₹394 […]
CW Bureau
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Jul 27, 2026
BANKING & FINANCE
Five-Star Business Finance Q1 Profit At ₹271 Cr; Posts High Disbursements
Chennai-based non-banking finance company (NBFC) Five-Star Business Finance Ltd reported a 2% year-on-year increase in net profit to ₹271 crore for the first quarter ended June 30, 2026, compared with ₹266 crore in the corresponding quarter of the previous fiscal. The company’s Net Interest Margin (NIM) remained largely stable at 19.97%, marginally lower than 19.99% […]
CW Bureau
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Jul 25, 2026
BANKING & FINANCE
Shriram Finance Q1 Profit Zooms 60% As Lending Momentum Stays Strong
Shriram Finance Ltd has reported around 60% year-on-year jump in its standalone net profit in the June quarter, driven by strong growth in lending, higher net interest income and expansion of its loan portfolio. The non-banking financial company (NBFC) posted a profit after tax (PAT) of ₹3,444.56 crore for the first quarter ended June 30, […]
CW Bureau
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Jul 24, 2026
BANKING & FINANCE
Cholamandalam Finance To Expand AI Use Across Business Operations
Cholamandalam Investment and Finance Company Ltd. (Chola) is exploring artificial intelligence (AI)-led interventions in its collections business and plans to extend the technology to sales and credit functions with a strong focus on governance and accountability. In his message to shareholders, Executive Chairman Vellayan Subbiah said technology continued to be a key enabler across customer […]
CW Bureau
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Jul 7, 2026
BANKING & FINANCE
Paisalo Promoters Raise Stake To 46.72%, Back AI-Led Growth Strategy
Paisalo Digital Ltd said its promoters have increased their shareholding by 4.97% through open-market purchases, taking their stake to 46.72% in Q1 of FY27 against 41.75% in FY26. Promoter holding has risen steadily from around 26% in FY19 to about 37% in FY25, 41.75% in FY26 and 46.72% in Q1FY27, reflecting continued confidence in the […]
CW Bureau
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Jul 1, 2026
BANKING & FINANCE
Can Fin Homes Q4 Net Profit Up 31% to ₹346 Cr, For FY26 ₹1,006 Cr
Can Fin Homes Ltd, a housing finance company promoted by Canara Bank, reported a 31% rise in net profit at ₹346 crore for the March quarter of FY26, supported by improvement in margins and steady growth in its loan book. Net interest margin (NIM) improved by 37 basis points to 4.19%. For the full year, […]
CW Bureau
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Apr 25, 2026
BANKING & FINANCE
Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest
Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]
CW Bureau
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Apr 14, 2026
BANKING & FINANCE
Kotak Life Ranks 2nd In Customer Experience Study By Hansa Research
Kotak Mahindra Life Insurance Company Ltd (Kotak Life) has been ranked second among India’s life insurers in the Hansa Research Life Insurance Customer Experience Study (CuES) 2026, reflecting strong customer trust and engagement. Strong customer metrics The company recorded a Net Promoter Score (NPS) of 60, indicating high levels of customer loyalty, advocacy and satisfaction […]
CW Bureau
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Apr 10, 2026
