BANKING & FINANCE
CreditAccess Grameen Chalks Out Its Next Phase, Eyes Household Finance
CreditAccess Grameen is working on a long-term strategy to evolve from a traditional microfinance lender into a full-spectrum household finance partner for rural and semi-urban India, according to Managing Director and Chief Executive Officer Ganesh Narayanan. Narayanan told analysts that the lender is strengthening customer acquisition through three channels, such as group-based sourcing, individual lending […]
CW Bureau
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May 13, 2026
BANKING & FINANCE
PSBs Post Record ₹1.98 Lakh-Cr Profit In FY26; Bad Loans Hit Historic Lows
India’s public sector banks (PSBs) delivered another year of strong financial performance in FY2025-26, powered by robust credit growth, sharply improved asset quality and record profitability, underlining the sector’s growing strength in supporting the country’s expanding economy. The aggregate business of PSBs rose 12.8% year-on-year to ₹283.3 lakh crore as of March 31, 2026, driven […]
CW Bureau
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May 12, 2026
ECONOMY
Atal Pension Yojana Crosses 9 Crore Mark, Sees Highest Annual Addition
The Atal Pension Yojana (APY), a flagship social security initiative of the Government of India administered by the Pension Fund Regulatory and Development Authority (PFRDA), has achieved a historic milestone by surpassing total gross enrolments of 9 crore subscribers as on April 21, 2026. Record yearly additions In a further testament to the scheme’s growing […]
CW Bureau
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Apr 22, 2026
BANKING & FINANCE
Quiet Force, Lasting Impact: Bhavesh Zaveri Signs Off From HDFC Bank
In the story of HDFC Bank’s rise as one of India’s most formidable financial institutions, Bhavesh Zaveri stands out as a quiet architect, an operations strategist, technology enabler, and institution builder who shaped the bank’s backbone over nearly three decades. A journey spanning nearly four decades Bhavesh Zaveri retired as Executive Director of HDFC Bank […]
CW Bureau
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Apr 18, 2026
ECONOMY
Swipe, Scan & Send: How Fast The New Money Language Is Evolving
Not long ago, a simple financial transaction demanded time, effort, and patience. Paying bills meant standing in long queues. Sending money required a visit to the bank, filling out forms, and waiting days for confirmation. For millions in India without access to banking, it meant exclusion from the financial system itself. That India, however, is […]
CW Bureau
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Apr 11, 2026
BANKING & FINANCE
Women Investors Accelerate Surge In Demat Account Openings: Axis Direct
India’s investment landscape is undergoing a steady transformation, with women investors emerging as a significant and increasingly influential segment. Recent customer trends from Axis Direct reveal that women-led demat account openings have surged 129% since 2021, pointing to a strong rise in financial participation and inclusion. Disciplined Investing Outpaces Risk-Taking Behaviour What clearly distinguishes women investors […]
CW Bureau
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Mar 27, 2026
BANKING & FINANCE
BHIM Ropes In MS Dhoni To Power Next Phase Of Payments Growth
NPCI BHIM Services Ltd (NBSL) has announced the appointment of former Indian cricket captain Mahendra Singh Dhoni as the brand ambassador for the BHIM payments App. The move aligns with BHIM’s evolving strategy to strengthen user trust while accelerating adoption across urban and rural India. BHIM is entering a new growth phase focused on scale, […]
CW Bureau
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Mar 19, 2026
