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Satin Creditcare promoters to infuse Rs 100 crore, raise stakeSatin Creditcare Network's promoters will invest Rs 100 crore through convertible warrants, increasing their stake to 38.32% from 36.17%. T...
Bernstein says Aadhar Housing, Home First, other housing stocks can rally up to 34%. Here are 3 reasons whyBernstein sees a significant rally potential of up to 34% in affordable housing finance stocks like Home First Finance and Aptus Value Hous...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issueUS Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
Satin Creditcare profit jumps on lower bad loan provisionsSatin Creditcare Network reported a sharp rise in fourth-quarter profit driven by business growth, lower bad loan provisions and improved a...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...
Equitas Small Finance Bank shares rally 7% on 5-fold jump in Q4 profit to Rs 213 croreEquitas Small Finance Bank shares saw a significant 7% rise. This surge followed the bank's announcement of a substantial 406% increase in ...
AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
Microfinance stress under control, deposit rates likely to remain unchanged: V Vaidyanathan, IDFC First BankIDFC First Bank will not raise deposit rates soon after recent cuts. The bank is focusing on growth in mortgage, vehicle, and consumer loan...
IDFC First Bank Q4 Results: PAT grows 5% YoY to Rs 319 crore; NII up 16%IDFC First Bank announced its financial results for the March quarter of FY26. The bank's standalone net profit saw a 5% increase compared ...
Reliance Industries becomes first Indian firm to cross $10 billion annual profitReliance Industries achieved a record net profit of Rs 95,610 crore in FY26, becoming the first Indian company to surpass $10 billion in an...
April-listed Powerica posts 226% YoY Q3 PAT growth; repays Rs 525 crore debt post IPOPowerica Limited announced a significant surge in its third-quarter net profit for FY26, reaching Rs 98 crore. This represents a 226% incre...
Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?Ola Electric shares have rebounded sharply, surging 68% in under 10 sessions, while Ather Energy gained 16% over the same period. Despite t...
Satin Creditcare’s SGAL secures SEBI nod for Rs 200 crore women-focused AIFSatin Growth Alternatives has secured SEBI approval to launch a ₹200 crore AIF focused on women-led businesses, aiming to drive inclusive g...
Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Execution, order inflows to drive L&T growth; BEL rides defence push: Siddhartha KhemkaIndia's capital goods sector is experiencing robust growth, fueled by strong order backlogs and increasing project execution across infrast...
Piramal Finance AUM touches Rs 1 lakh crore; acquisitions on radar: CEOPiramal Finance has crossed Rs 1 lakh crore in assets under management. The company plans to acquire a microfinance institution to boost it...