BANKING & FINANCE
Gold, Personal And Home Loans Drive Retail Credit Growth In FY26: Experian
India’s retail credit market witnessed strong momentum in FY26, driven by rising demand for gold loans, personal loans and home loans, according to Experian’s latest Industry Insights – May 2026 report. The report highlights robust growth in loan originations, increasing preference for secured lending and improving repayment behaviour, indicating a healthier and more stable credit […]
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
Repco Home Finance Q4 Profit Rises To ₹129 Cr; Asset Quality Improves
Repco Home Finance Ltd, a housing finance company focused on retail home loans, reported a standalone net profit of ₹129 crore for the March quarter, up ₹4 crore over the corresponding period last year on improved income and asset quality. Loan sanctions registered a 25% increase at ₹1,320 crore, while loan disbursements grew 22% to […]
CW Bureau
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May 22, 2026
BANKING & FINANCE
Shriram Finance’s AAA Leap Signals New Regime For Its Deposit Business
Shriram Finance Executive Vice Chairman Umesh Revankar has said Shriram Unnati Fixed Deposits have secured AAA ratings from all leading credit rating agencies, positioning the programme among the safest fixed deposit offerings in the country. The ratings upgrade comes even as the company effected a marginal reduction in interest rates on Shriram Unnati Deposits from […]
CW Bureau
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May 7, 2026
BANKING & FINANCE
UCO Bank Q4 Net Profit Rises 23% to ₹801 Cr On Improved Asset Quality
Public sector lender UCO Bank reported a 22.66% increase in net profit at ₹801 crore for the March quarter, aided by continued improvement in asset quality. Net interest income contracted by 3.11% to ₹2,614 crore. Global Net Interest Margin (NIM) improved 1 bps to 3%, while domestic NIM fell 3 bps to 3.19%. Fee-based income […]
CW Bureau
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Apr 26, 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
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Mar 28, 2026
