BANKING & FINANCE IIFL Home Finance Appoints Sharad Kumar As Its New Chief Risk Officer

IIFL Home Finance Ltd, an affordable housing finance company, has appointed Sharad Kumar as its Chief Risk Officer (CRO), strengthening its risk management and governance functions. Kumar brings more than 22 years of experience across risk management, banking, financial services, strategic planning and economic research. In his new role, he will focus on strengthening the […]

CW Bureau · Nov 5, 2026

BANKING & FINANCE Brigade Group Partners IFC To Invest In Middle-Income Housing Projects

Brigade Enterprises Ltd has entered into an Investment Framework Agreement with the International Finance Corporation (IFC) to jointly invest in eligible middle-income housing projects. Under the arrangement, Venusta Ventures Pvt Ltd, a wholly owned subsidiary of Brigade Enterprises, proposes to issue unsecured, rated, redeemable, rupee-denominated non-convertible debentures (NCDs) to IFC in one or more tranches. […]

CW Bureau · Nov 5, 2026

BANKING & FINANCE Saarathi Finance Appoints Alok Aggarwal As President & Group Head

Saarathi Finance, a non-banking financial company (NBFC) focused on expanding credit access for emerging business segments, particularly micro, small and medium enterprises (MSMEs), has appointed Alok Aggarwal as President and Group Head. Aggarwal brings more than 25 years of experience across banking, housing finance and retail lending. He has a track record of building and […]

CW Bureau · Nov 4, 2026

BANKING & FINANCE LIC Housing Finance Profit Rises 11% To ₹1,509 Cr, Disbursements Up 11%

LIC Housing Finance Ltd has reported an 11% year-on-year increase in net profit to ₹1,508.78 crore for the second quarter of FY27, compared with ₹1,353.87 crore in the corresponding quarter last fiscal, supported by higher loan disbursements and growth in interest income. Revenue from operations, however, remained largely flat at ₹7,175 crore against ₹7,074 crore […]

CW Bureau · Oct 30, 2026

BANKING & FINANCE Sundaram Home Finance Q2 Profit Up 20% To ₹90 Cr, AUM Grows 14%

Sundaram Home Finance, a Chennai-based housing finance company, reported a 20% year-on-year increase in net profit to ₹90 crore for the second quarter ended September 30, 2026, compared with ₹75 crore in the corresponding quarter last year, supported by strong loan disbursements and expansion into smaller towns. Total disbursements rose 31% to ₹2,199 crore in […]

CW Bureau · Oct 29, 2026

GENERAL LIC Housing Finance Names Sandeep Kumar As MD & CEO For Five Years

LIC Housing Finance Ltd has appointed Sandeep Kumar as Additional Director and Managing Director & Chief Executive Officer with effect from August 29 for a period of five years. His appointment will remain valid as long as he continues to be deputed to LIC Housing Finance as a nominee director of Life Insurance Corporation of […]

CW Bureau · Aug 29, 2026

BANKING & FINANCE Retail Deposits, Diversified Lending To Boost Bandhan Bank’s Growth: MD

Bandhan Bank has outlined a clear roadmap to strengthen its retail deposit franchise, expand its diversified loan portfolio, improve asset quality and accelerate technology-led transformation, as it pursues sustainable growth under its Bandhan Bank 2.0 strategy. In his message to shareholders in the bank’s Annual Report 2026, Managing Director and Chief Executive Officer Partha Pratim […]

CW Bureau · Jul 31, 2026

BANKING & FINANCE LIC Housing Finance Q1 PAT Rises To ₹1,488 Cr; Disbursements Up 14.5%

LIC Housing Finance Ltd reported a 9.4% year-on-year increase in net profit to ₹1,488.32 crore for the first quarter of FY27, driven by healthy growth in loan disbursements and an improvement in asset quality, despite a marginal decline in revenue and pressure on net interest margins. The company’s revenue from operations slipped to ₹7,062.45 crore […]

CW Bureau · Jul 31, 2026

BANKING & FINANCE Sundaram Home Finance Q1 PAT Up 37% To ₹85 Cr; AUM Tops ₹20,300 Cr

Sundaram Home Finance Ltd reported a 37% year-on-year increase in net profit to ₹85 crore for the first quarter ended June 30, 2026, supported by healthy loan growth and strong traction in its emerging business segment. The wholly owned subsidiary of Sundaram Finance also recorded a 12% increase in disbursements to ₹1,665 crore, compared with […]

CW Bureau · Jul 30, 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

BANKING & FINANCE Repco Home Finance Targets ₹25,000 Cr Disbursement In Two Years

Repco Home Finance Ltd (RHFL), Chennai-based housing finance firm, has set a target of achieving Assets Under Management (AUM) of ₹18,000 crore and loan disbursements of ₹5,000 crore during FY27 as it steps up growth across key markets. “We want to disburse about Rs.5,000 crore and increase our AUM to Rs.18,000 crore. Two years down […]

CW Bureau · May 26, 2026

BANKING & FINANCE Repco Home Finance Q4 Profit Rises To ₹129 Cr; Asset Quality Improves

Repco Home Finance Ltd, a housing finance company focused on retail home loans, reported a standalone net profit of ₹129 crore for the March quarter, up ₹4 crore over the corresponding period last year on improved income and asset quality. Loan sanctions registered a 25% increase at ₹1,320 crore, while loan disbursements grew 22% to […]

CW Bureau · May 22, 2026