BANKING & FINANCE
Prudence First: TMB Targets Growth Without Compromising Asset Quality
Tamilnad Mercantile Bank (TMB) is strengthening its focus on secured lending, MSME financing and digital transformation as it pursues sustainable growth while maintaining one of the strongest asset quality profiles in the banking industry, according to the bank’s Managing Director and CEO Salee S Nair. In his message to shareholders in the Annual Report 2025-26, […]
Sajan C Kumar
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Jun 18, 2026
BANKING & FINANCE
Gold, Personal And Home Loans Drive Retail Credit Growth In FY26: Experian
India’s retail credit market witnessed strong momentum in FY26, driven by rising demand for gold loans, personal loans and home loans, according to Experian’s latest Industry Insights – May 2026 report. The report highlights robust growth in loan originations, increasing preference for secured lending and improving repayment behaviour, indicating a healthier and more stable credit […]
CW Bureau
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Jun 3, 2026
BANKING & FINANCE
Muthoot Finance Targets 15% Growth In Assets Under Management In FY27
Muthoot Finance Ltd, India’s largest gold loan non-banking finance company, is targeting around 15% growth in assets under management (AUM) this year, supported by continued demand for household gold loans and expansion across subsidiaries. “For the last 10 years, we have been giving a guidance of 15% in first quarter. In the next two quarters, […]
CW Bureau
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May 20, 2026
BANKING & FINANCE
Karur Vysya Bank Expects Its Credit Growth Above Industry Level In FY27
The Karur Vysya Bank Ltd expects its credit growth to outpace industry growth by 1-2% during FY27 despite global macroeconomic uncertainties, geopolitical tensions and pressure on margins. The bank expects slippages to remain below 1% of the asset book during FY27, while liquidity coverage ratio (LCR) is projected to remain in the range of 115-120%. […]
CW Bureau
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May 13, 2026
RETAIL/FMCG
Manappuram Finance Bets On Gold Loans, Plans 550 Branches In FY27
Manappuram Finance Ltd, the gold loan-focused NBFC, plans to open 500-550 new branches during FY27 to strengthen its gold loan business amid favourable regulatory changes and rising consumer demand. Chairman and Managing Director V.P. Nandakumar said during earnings call that gold loans continue to remain the key growth driver, while the microfinance business is still […]
CW Bureau
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May 11, 2026
BANKING & FINANCE
CSB Bank Q4 Profit Rises 6% To ₹202 Cr On Strong NII Growth & Gold Loans
CSB Bank Ltd reported a 6% increase in standalone net profit at ₹202 crore for the March quarter over the corresponding period last year, supported by strong growth in net interest income and stable asset quality. Net Interest Income (NII) rose 25% to ₹464 crore, while interest income increased to ₹1,201 crore from ₹1,154 crore. […]
CW Bureau
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May 4, 2026
BANKING & FINANCE
Gold Loans Turns Safe Bet; Muthoot Finance AUM Surges New High
For thousands of borrowers navigating tight liquidity conditions and limited access to unsecured credit, gold loans are increasingly emerging as a trusted and secure way to raise funds without lengthy approval processes. Riding this shift in customer behaviour, Muthoot Finance Ltd, the largest gold loan NBFC, has reported a record year in its core gold […]
CW Bureau
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Feb 19, 2026