BANKING & FINANCE
Sundaram Finance Q1 Profit Up 22% To ₹522 Cr On Robust Loan Growth
Sundaram Finance Ltd reported a 22% year-on-year increase in standalone net profit for the first quarter of FY27, driven by healthy loan disbursements, robust growth in assets under management (AUM) and continued improvement in asset quality. The Chennai-headquartered non-banking financial company (NBFC) posted a profit after tax (PAT) of ₹522 crore for the quarter ended […]
CW Bureau
·
Aug 3, 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
·
Jul 25, 2026
BANKING & FINANCE
RBI Fines Five-Star Business Finance ₹6.20 Lakh Over Compliance Lapses
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹6.20 lakh on Chennai-based non-banking financial company (NBFC) Five-Star Business Finance Ltd for deficiencies in regulatory compliance. The penalty relates to the company’s failure to implement a robust software system for effective identification and reporting of suspicious transactions. The central bank also flagged […]
CW Bureau
·
Jun 20, 2026
