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
·
Aug 6, 2026
AUTO
Ashok Leyland Partners UCO Bank To Boost Commercial Vehicle Financing
Commercial vehicle maker Ashok Leyland has entered into a strategic partnership with UCO Bank to offer customised vehicle financing solutions for its truck and bus customers, a move aimed at improving access to credit and supporting business expansion across India. The Hinduja Group flagship signed a memorandum of understanding (MoU) with the public sector lender […]
CW Bureau
·
Jul 28, 2026
BANKING & FINANCE
TVS Motor Buys 4.39% Stake Of TVS Credit For ₹711 Cr From Lucas-TVS
TVS Motor Company Ltd has increased its stake in subsidiary TVS Credit Services Ltd (TVS CS) to 85.15% by acquiring 4.39% equity from Lucas-TVS Ltd for an aggregate cash consideration of ₹711 crore. The transaction involved the acquisition of 1,13,37,297 equity shares of TVS Credit Services and was completed on July 27, 2026, the company […]
CW Bureau
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Jul 27, 2026
BANKING & FINANCE
Cholamandalam Investment Aims To Become Leading Financial Institution
Cholamandalam Financial Holdings Ltd (CFHL), the Core Investment Company of the Murugappa Group said its financial services arm Cholamandalam Investment and Finance Company Ltd (Chola) is making steady progress towards its long-term goal of emerging as a leading financial institution. The company said investments in technology, product expansion and customer engagement continue to support sustainable […]
CW Bureau
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Jul 23, 2026
BANKING & FINANCE
Manba Finance Enters South India Through Nammaloan Partnership
Manba Finance Ltd, Mumbai-based vehicle and retail financing NBFC, has entered the South Indian market through a strategic partnership with Sreesastha (Nammaloan), marking a significant step in the Mumbai-based non-banking finance company’s national expansion strategy. The partnership will initially focus on Karnataka, followed by an entry into Tamil Nadu during the current financial year, with […]
CW Bureau
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Jun 16, 2026
BANKING & FINANCE
Muthoot Finance Targets 15% Growth In Assets Under Management In FY27
Muthoot Finance Ltd, India’s largest gold loan non-banking finance company, is targeting around 15% growth in assets under management (AUM) this year, supported by continued demand for household gold loans and expansion across subsidiaries. “For the last 10 years, we have been giving a guidance of 15% in first quarter. In the next two quarters, […]
CW Bureau
·
May 20, 2026
