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
BANKING & FINANCE
Five-Star Business Finance In Final Phase Of Asset Quality Restoration
Five-Star Business Finance is in the final leg of resolving its asset quality challenges and behavioural stress in its loan book, with management indicating that growth acceleration will follow once the clean-up is fully stabilised, Chairman and Managing Director Lakshmipathy Deenadayalan said during the company’s Q3 conference call with analysts. The lender, which has been […]
CW Bureau
·
Feb 4, 2026
