BANKING & FINANCE
CSB Bank Enters Scale Phase of SBS 2030, Targets Diversified Growth
CSB Bank has entered the Scale Phase of its SBS 2030 strategy, with the lender planning to accelerate customer acquisition, strengthen its CASA franchise, diversify its loan portfolio and expand its geographic footprint, Managing Director and CEO Pralay Mondal said. Addressing shareholders at the bank’s 105th Annual General Meeting on Friday, Mondal said the commencement […]
CW Bureau
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Aug 21, 2026
BANKING & FINANCE
IDFC FIRST Bank Q1 Profit Rises 132% To Record ₹1,075 Cr, Bad Loans Drop
IDFC FIRST Bank delivered its strongest quarterly performance to date, reporting a record profit after tax (PAT) of ₹1,075 crore for the first quarter of FY27, more than doubling from ₹463 crore in the corresponding quarter last year, driven by improved margins, healthier asset quality and robust business growth. The bank’s net interest margin (NIM) […]
CW Bureau
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Jul 25, 2026
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
121 Finance Hits ₹10 Cr In GeM Sahay Disbursements, Funds 400 MSMEs
NBFC-Factor 121 Finance has crossed ₹10 crore in cumulative loan disbursements through GeM Sahay, the credit facility integrated with the Government e-Marketplace (GeM), strengthening access to working capital for micro, small and medium enterprises (MSMEs) supplying to government buyers. The company said it has disbursed more than 2,600 loans to over 400 MSMEs across 173 […]
CW Bureau
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Jun 3, 2026
BANKING & FINANCE
Indian Bank To Sharpen Focus On AI-Led Digital Banking, RAM Segments
As part of its growth strategy for FY27, the leading public sector lender Indian Bank will sharpen its focus on AI-driven digital innovation in banking products and services while deepening its presence in retail, agriculture and MSME (RAM) segments. “Our priorities include deepening customer trust through seamless digital product penetration and embedding compliance as a […]
CW Bureau
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May 23, 2026
BANKING & FINANCE
Canara Bank Q4 Net Dips By 10% To ₹4,506 Cr On Lower Other Income
Public sector lender Canara Bank reported a 10% decline in standalone net profit for the March quarter at ₹4,506 crore compared with the corresponding period last year, impacted by lower other income and decline in operating profit. Interest income increased 2.7% to ₹31,838 crore, while non-interest income contracted 24% to ₹4,824 crore. Fee-based income, however, rose […]
CW Bureau
·
May 11, 2026
