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 · Sep 4, 2026

BANKING & FINANCE ESAF Bolsters Retail Banking Push With Emerging Household Portfolio

ESAF Small Finance Bank is sharpening its focus on the emerging household (EH) loans segment, positioning it as the next major growth driver as customers transition from financial inclusion to mainstream retail banking. The bank believes the segment, comprising individuals, self-help groups (SHGs), small entrepreneurs and farmer interest groups (FIGs), will evolve into one of […]

CW Bureau · Aug 7, 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 · Jul 31, 2026

BANKING & FINANCE Manappuram Finance To Deepen Gold Loan leadership, Revive Microfinance

Manappuram Finance Ltd will focus on strengthening its leadership in the gold loan business, scaling up secured lending businesses and restoring the growth trajectory of its microfinance arm, while accelerating digital transformation, Chairman and Managing Director V P Nandakumar said in his message to shareholders in the company’s Annual Report 2026. The NBFC also sees […]

Sajan C Kumar · Jul 21, 2026

BANKING & FINANCE Suryoday SFB To Strengthen Asset Quality And Scale Digital Banking

Suryoday Small Finance Bank Ltd will intensify its focus on strengthening asset quality, expanding secured lending, scaling digital banking initiatives and improving operational efficiency as it pursues sustainable long-term growth, according to Chairman Krishna Prasad Nair. In his message to shareholders in the bank’s Annual Report 2025-26, Nair said the bank’s growth strategy will remain […]

CW Bureau · Jul 15, 2026

BANKING & FINANCE Tata Capital Buys 89% In Yogloans For ₹318 Cr, Enters Gold Loan Space

Tata Capital Ltd (TCL), the flagship financial services company of the Tata Group, has approved the acquisition of a majority stake in Kerala-based Yogakshemam Loans Ltd (Yogloans), marking its entry into India’s fast-growing gold loan segment. The proposed all-cash transaction will see Tata Capital acquire approximately 88.6% of the issued and paid-up share capital of […]

CW Bureau · Jul 13, 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 · Jun 30, 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 · Jun 18, 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 · Jun 12, 2026

BANKING & FINANCE Muthoot MCred Profit Jumps 223% In Q4, Income Rises 54% To ₹337 Cr

Muthoot MCred Ltd, formerly known as Muthoottu Mini Financiers Ltd, a gold loan non-banking financial company (NBFC), reported a 222.67% year-on-year rise in net profit for the fourth quarter of FY26 at ₹62.97 crore, compared to ₹19.52 crore in the corresponding quarter of the previous financial year. The company reported total income of ₹337.24 crore […]

CW Bureau · May 22, 2026

RETAIL/FMCG Manappuram Finance Bets On Gold Loans, Plans 550 Branches In FY27

Manappuram Finance Ltd, the gold loan-focused NBFC, plans to open 500-550 new branches during FY27 to strengthen its gold loan business amid favourable regulatory changes and rising consumer demand. Chairman and Managing Director V.P. Nandakumar said during earnings call that gold loans continue to remain the key growth driver, while the microfinance business is still […]

CW Bureau · May 11, 2026