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
TVS Venu Group Set To Acquire 9.9% Stake In Jana Small Finance Bank
TVS Motor Company promoter group TVS Venu Group has agreed to acquire a minority stake in Jana Small Finance Bank through a mix of primary issuance of warrants and secondary share purchase. The proposed transaction will give TVS Venu Group an equity ownership of up to 9.9% in Jana Small Finance Bank on a fully […]
CW Bureau
·
May 18, 2026
GENERAL
TVS Holdings Infuses ₹527 Cr Into Home Credit, Hikes Stake To 80.39%
TVS Holdings Ltd (formerly known as Sundaram-Clayton Ltd) has infused ₹527 crore into its subsidiary, Home Credit India Finance Pvt Ltd (HCIFPL), through an additional equity acquisition. The company acquired 22.91 crore shares of HCIFPL at ₹22.99 per share, amounting to a total consideration of ₹526.79 crore. Objective of the investment According to a regulatory […]
CW Bureau
·
Mar 28, 2026
