BANKING & FINANCE IndusInd Bank Charts Three-Year Growth Plan, Target 1% RoA Exit

Private sector lender IndusInd Bank has outlined a three-year transformation roadmap aimed at strengthening its franchise, accelerating growth and building leadership across key business segments. The strategy begins with restoring the bank to industry-aligned growth and achieving an exit Return on Assets (RoA) of 1% in FY27, before focusing on scaling operations in the second […]

CW Bureau · Aug 6, 2026

GENERAL Sundaram Finance’s Key Whites Road Branch Marks 25 Years Of Service

Sundaram Finance has celebrated the 25th anniversary of its Chennai Whites Road Commercial Branch, highlighting the branch’s long-standing relationship with customers, employees and their families, while reaffirming its commitment to values-driven financial services. The milestone event recognised the contribution of customers, employees and their families in building the branch’s legacy over the past quarter century. […]

CW Bureau · Jul 27, 2026

BANKING & FINANCE Cholamandalam Investment Aims To Become Leading Financial Institution

Cholamandalam Financial Holdings Ltd (CFHL), the Core Investment Company of  the Murugappa Group said its financial services arm Cholamandalam Investment and Finance Company Ltd (Chola) is making steady progress towards its long-term goal of emerging as a leading financial institution. The company said investments in technology, product expansion and customer engagement continue to support sustainable […]

CW Bureau · Jul 23, 2026

GENERAL IIM Mumbai Launches Executive MBA In Wealth Management In Neo Tie-up

The Indian Institute of Management (IIM) Mumbai has launched a one-year Executive MBA in Wealth Management in collaboration with Neo Wealth and Asset Management, aiming to equip financial services professionals with specialised expertise in one of India’s fastest-growing segments. The programme was formally inaugurated on July 15 at the institute’s Powai campus, with classes commencing […]

CW Bureau · Jul 22, 2026

BANKING & FINANCE Manappuram Finance To Deepen Gold Loan leadership, Revive Microfinance

Manappuram Finance Ltd will focus on strengthening its leadership in the gold loan business, scaling up secured lending businesses and restoring the growth trajectory of its microfinance arm, while accelerating digital transformation, Chairman and Managing Director V P Nandakumar said in his message to shareholders in the company’s Annual Report 2026. The NBFC also sees […]

Sajan C Kumar · Jul 21, 2026

STARTUP/TECHNOLOGY Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability

One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]

CW Bureau · Jul 21, 2026

BANKING & FINANCE Aditya Birla Capital Scales Up Gen AI, Agentic AI To Boost Customer Service

Aditya Birla Capital Ltd (ABCL) is stepping up its focus on artificial intelligence, data and automation as it prepares for its next phase of growth, with the financial services major embedding AI across underwriting, sales, customer service and operations to improve efficiency, strengthen customer engagement and build a future-ready franchise. In her message to shareholders […]

CW Bureau · Jul 17, 2026

BANKING & FINANCE TVS Venu Entity Home Credit To Buy Varthana Finance In All-Cash Deal

Home Credit India, part of the TVS Venu Group, has signed an agreement to acquire 100% equity stake in Varthana Finance Pvt Ltd through an all-cash transaction, marking its entry into the specialised education finance segment. The proposed acquisition is part of TVS Venu’s long-term strategy to build and scale high-quality financial services businesses catering […]

CW Bureau · Jul 15, 2026

BANKING & FINANCE Tata Capital Buys 89% In Yogloans For ₹318 Cr, Enters Gold Loan Space

Tata Capital Ltd (TCL), the flagship financial services company of the Tata Group, has approved the acquisition of a majority stake in Kerala-based Yogakshemam Loans Ltd (Yogloans), marking its entry into India’s fast-growing gold loan segment. The proposed all-cash transaction will see Tata Capital acquire approximately 88.6% of the issued and paid-up share capital of […]

CW Bureau · Jul 13, 2026

INFRASTRUCTURE Bharti Airtel Bets On AI, Cloud And Data Centres To Drive Growth

Bharti Airtel Ltd., one of India’s leading telecommunications and digital services provider, is strengthening its presence in financial services, data centres and cloud computing as part of its strategy to build new growth engines beyond telecom, said Chairman Sunil Bharti Mittal. In his letter to shareholders, Mittal said Airtel’s calibrated investments over the past few […]

CW Team · Jul 12, 2026

STARTUP/TECHNOLOGY CIBC Opens Global Capabilities Hub In Hyderabad To Expand Talent Base

CIBC has opened a global capabilities hub in Hyderabad as part of its strategy to strengthen its global operations and expand its talent base across Canada, the U.S., Europe and Asia. The new centre will support the bank’s ongoing transformation initiatives by insourcing work that was previously managed by third-party service providers and accelerating the […]

CW Bureau · Jul 8, 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 · Jul 7, 2026