BANKING & FINANCE
Jana Small Finance Bank Targets Over 80% Growth In Net Profit In FY27
Jana Small Finance Bank Ltd expects profit after tax (PAT) to grow by more than 80% in FY27, supported by normalising credit costs, improving margins and continued growth in its secured lending book. The bank said it enters FY27 with a strengthened balance sheet and will focus on profitability recovery, retail deposits, technology investments and […]
CW Bureau
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Sep 4, 2026
BANKING & FINANCE
J&K Bank Eyes National Expansion With Focus On Digital & Growth
Jammu & Kashmir Bank Ltd is focusing on quality credit growth, stable retail deposits, digital expansion and stronger risk management as it seeks to build a larger presence beyond its traditional markets in Jammu & Kashmir and Ladakh. The bank also plans to expand its branch network, improve customer service, maintain a healthy CASA ratio […]
CW Bureau
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Aug 30, 2026
BANKING & FINANCE
IDFC First Bank Regrets Fraud At Chandigarh, Vows Stronger Controls
IDFC First Bank has expressed regret over the recent misappropriation of funds of ₹590 crore at its Chandigarh branch and said it is determined to ensure that such an incident does not happen again. “The incident has reinforced in us the requirement to be more vigilant and never to be too sure of ourselves or […]
CW Bureau
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Aug 9, 2026
BANKING & FINANCE
IndusInd Bank Charts Three-Year Growth Plan, Target 1% RoA Exit
Private sector lender IndusInd Bank has outlined a three-year transformation roadmap aimed at strengthening its franchise, accelerating growth and building leadership across key business segments. The strategy begins with restoring the bank to industry-aligned growth and achieving an exit Return on Assets (RoA) of 1% in FY27, before focusing on scaling operations in the second […]
CW Bureau
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Aug 6, 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
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Jul 31, 2026
BANKING & FINANCE
ICICI Bank Eyes Sustainable Growth With AI-Led Banking Transformation
ICICI Bank has reaffirmed its strategy of pursuing risk-calibrated profitable growth while strengthening its digital capabilities, leveraging artificial intelligence (AI) and maintaining robust governance standards to remain resilient in an evolving banking landscape. In his message to shareholders in the ICICI Bank Annual Report 2026, Chairman Pradeep Kumar Sinha said the bank has optimised all […]
CW Bureau
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Jul 19, 2026
BANKING & FINANCE
Ujjivan Eyes Universal Bank Status With Digital, Diversified Growth
Ujjivan Small Finance Bank Ltd is focused on building a diversified, technology-enabled and customer-centric institution as it advances towards its long-term aspiration of becoming a universal bank. “As we look ahead, our ambition extends beyond growth in scale,” Ujjivan Small Finance Bank Chairman B.A. Prabhakar said in his letter to shareholders. Growth priorities He said […]
CW Bureau
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Jun 30, 2026
BANKING & FINANCE
ESAF Bank Business Crosses ₹50,000 Cr As Retail Deposits Remain Robust
ESAF Small Finance Bank Ltd has crossed the ₹50,000 crore total business milestone, reflecting the lender’s expanding footprint and sustained growth across deposits and advances. The bank said its total business stood at ₹50,029 crore as of June 11, 2026, comprising total deposits of ₹26,197 crore and gross advances of ₹23,832 crore. Deposits maintain steady […]
CW Bureau
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Jun 12, 2026