BANKING & FINANCE
Muthoot MCred Profit Jumps 223% In Q4, Income Rises 54% To ₹337 Cr
Muthoot MCred Ltd, formerly known as Muthoottu Mini Financiers Ltd, a gold loan non-banking financial company (NBFC), reported a 222.67% year-on-year rise in net profit for the fourth quarter of FY26 at ₹62.97 crore, compared to ₹19.52 crore in the corresponding quarter of the previous financial year. The company reported total income of ₹337.24 crore […]
CW Bureau
·
May 22, 2026
BANKING & FINANCE
TVS Venu Group Set To Acquire 9.9% Stake In Jana Small Finance Bank
TVS Motor Company promoter group TVS Venu Group has agreed to acquire a minority stake in Jana Small Finance Bank through a mix of primary issuance of warrants and secondary share purchase. The proposed transaction will give TVS Venu Group an equity ownership of up to 9.9% in Jana Small Finance Bank on a fully […]
CW Bureau
·
May 18, 2026
BANKING & FINANCE
Prudential Redraws India Play With ₹3,500-Cr Bharti Life Acquisition
Asia-focused insurance giant Prudential plc is sharply repositioning its India strategy with a ₹3,500 crore acquisition of a controlling stake in Bharti Life Insurance Company Ltd, signalling a deeper long-term commitment to one of the world’s fastest-growing insurance markets. The transaction will see Prudential acquire a 75% stake in Bharti Life from Bharti Life Ventures […]
CW Bureau
·
May 17, 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
