Ambani’s Jiostar platform bets big on all-AI seriesJioStar, the streaming venture backed by Reliance and Disney, plans to significantly expand AI-generated content on JioHotstar after the st...
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by n...
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margi...
Newlywed bride asked to say ‘beta’ for a future child; her one-word reply is now going viral. WatchA bride's simple word choice at her Indian wedding has gone viral. During a ritual, she replaced the traditional 'beta' with 'baccha' when ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
Muthoot Microfin looks to buy company offering loan against propertyMuthoot Microfin is exploring inorganic growth by acquiring a majority stake in two non-banking financial companies. This move aims to expa...
Defaults on the rise in micro loans over propertyAccording to the report, delinquency levels in the micro-LAP segment rose by 45 basis points (bps) year-on-year to 3.3% as of September 202...
Muthoot Microfin in diversification binge, to start gold loans soonMuthoot Microfin, leveraging relaxed RBI norms, is diversifying into secured lending, including gold loans via co-lending with Muthoot Finc...
Non-bank lenders 'LAP' up opportunity to tap MSMEsIn the absence of banks, which focus on loans of Rs 15-20 lakh, NBFCs are finding growth opportunities in the high yielding micro-LAP (loan...
PNB Housing Finance aims to close FY25 with loan book of Rs 5,000 cr in affordable segmentPNB Housing Finance plans to expand its affordable loan book to Rs 5,000 crore by year-end and targets Rs 15,000 crore by March 2027. Growt...
Loans against property add to lenders’ worries as collateral prices crashLenders face problems on two fronts – LAP loans to developers with property as security cover and other categories of borrowers who collate...
NBFC liquidity crisis hits 'loans against property' mkt in FY19In the case of commercial vehicle loans, the rating agency said its early delinquency index for rated CV loans fell to 7.53 per cent in Jan...
Equitas Holding's March quarter net profit rises four-fold to Rs 34 croreDuring the quarter, the company reported net profit of Rs 34 crore against Rs 7 crore in the same period a year ago. Profit in the March qu...
Micromax LapTab first look: Android, Windows and a keyboard cover in one deviceMicromax has built LapTab in partnership with Intel, which is pushing these hybrid devices capable of supporting both Android and Windows 8...