BANKING & FINANCE
Equitas SFB Reports Fivefold Rise In Q4 Profit; Asset Quality Improves
Equitas Small Finance Bank Ltd reported a fivefold increase in net profit at ₹213 crore for the March quarter of FY26 compared with the year-ago period, supported by strong growth and improved margins. Net interest margin rose to 7.29% from 7.13%, while cost-to-income ratio declined to 67.52% from 70.28%. Asset quality and capital position Gross […]
CW Bureau
·
Apr 30, 2026
RETAIL/FMCG
RBI Clears Bain Capital’s Joint Control In Manappuram Subsidiaries
Manappuram Finance Ltd on Thursday said its subsidiaries, Asirvad Micro Finance Ltd (AMFL) and Manappuram Home Finance Ltd (MHFL), have received approvals from the Reserve Bank of India for an indirect change in control and management by affiliates of Bain Capital. The regulatory clearances mark a key milestone in the proposed strategic investment, which is […]
CW Bureau
·
Mar 19, 2026
STARTUP/TECHNOLOGY
Satin Creditcare Expands Into Cybersecurity, Picks Stake In QTrino
Satin Creditcare Network announced that its wholly owned subsidiary, Satin Technologies has entered into a share subscription-cum-shareholders agreement to acquire upto 76.40% equity share capital of QTrino Labs, in one or more tranches. QTrino Labs is an IIT incubated deep-tech cybersecurity startup engaged in the development of cost-effective, cutting-edge, quantum-safe security solutions for enterprises and government institutions. Operating in a rapidly evolving and high-growth technology […]
CW Bureau
·
Jan 21, 2026
