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State Bank of India's perpetual bond demand seen spurring more issuances, bankers sayState Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders prepa...- Axis Bank loses Delhi couple's original property papers submitted for home loan; here's how they won Rs 15.5 lakh compensationAxis Bank misplaced a Delhi couple's original property papers, which they found out after closing their Rs 1.41 crore loan account. They th...
- Bajaj Finance posts 28% growth in net profit amid healthy loan demandBajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore...
- Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
- Kissht expects to beat 40% growth target as credit costs easeDigital lender Kissht anticipates surpassing its growth targets for assets under management. Improved repayment trends have enabled the com...
- Global Market: Deutsche Bank Q2 profit rises 10% as investment banking strength offsets higher costsDeutsche Bank reported a stronger second quarter with a 10% net profit increase. Its global investment banking division showed robust perfo...
- Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
- UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...
- Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
- ADB okays $1.8 billion loans for urban reforms, rooftop solar pushThe urban programme will support implementation of the Urban Challenge Fund by strengthening urban institutions, improving integrated plann...
- Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...
- Home First Finance Q1 profit Up 35% on higher incomeHome First India Finance Company reported a 35% net profit increase for Q1 FY27. The company's operating profit also saw a 33% rise during ...
- FIIs increase PSU exposure, trim stakes in private banksForeign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...
- Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growthTamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net inter...
- AU Small Finance Bank shares rally 5% as Q1 PAT jumps 37% to Rs 796 crore, NII up 32% YoYAU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, d...
- Protium in advanced talks to buy Clix Capital; Rs 1,900-2,200 crore valuation likelyProtium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's...
- Shriram Finance eyes doubling gold loan book share to 5% in three yearsShriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...
- CreditAccess Grameen Q1 net profit jumps 8-fold to Rs 493 crCreditAccess Grameen reported an eight-fold increase in profits during the first quarter, driven by improved ground-level repayment rates a...
- ICICI Bank prices $1 billion debt in largest dollar issue by Indian private lenderICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands as the la...
- SBI to issue first rupee-denominated perpetual debt of 2026: ReportState Bank of India plans to issue perpetual bonds soon. The bank aims to raise fifty billion rupees within two weeks. This issuance will b...
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