BANKING & FINANCE
Credit Card Spending Growth Tapers To 7.1% In April Post Fiscal-End Surge
India’s credit card spending growth moderated in April 2026 following elevated spending activity during the March fiscal year-end period, even as digital payments and e-commerce transactions continued to support overall consumption trends. According to a CareEdge Ratings report, aggregate credit card spending rose 7.1% year-on-year to ₹1.98 lakh crore in April 2026. However, spending moderated […]
CW Bureau
·
May 29, 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
BANKING & FINANCE
City Union Bank Inaugurates 1,000th Branch Ahead Of CEO Kamakodi Exit
City Union Bank Ltd, Managing Director and Chief Executive Officer, N. Kamakodi, is a man of few words, but his actions have often spoken louder. Media, business associates, customers and colleagues vouch for his understated style of leadership. Days before demitting office, Kamakodi guided the bank to yet another milestone, crossing 1,000 branches, a symbolic […]
CW Bureau
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Apr 28, 2026
BANKING & FINANCE
RBL Bank Q4 Net Profit Surges 234% To ₹230 Cr On Retail, Deposit Growth
RBL Bank Ltd, a private sector lender, reported a 234% increase in its standalone net profit for March quarter at ₹230 crore compared with the year-ago period, driven by strong momentum in granular retail advances and sustained strengthening of its deposit franchise. Net interest income (NII) grew 7% to ₹1,671 crore, while net interest margin […]
CW Bureau
·
Apr 25, 2026
