IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Delinquency vs default: Know the difference and how they affect your credit score and borrowing abilityIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
Rupee can hit 100, balance of payments already under stress: Diviya Nagarajan, UBSIndia faces mounting economic challenges, with UBS warning of a potential rupee slide to 100 and a $50 billion balance of payments stress. ...
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer...
Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equityCanara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...
State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMinPublic Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong ...
Bank of Baroda shares gain over 2% after Q4 results. Should you buy, sell or hold?Bank of Baroda shares rose after the state-run lender reported an 11.2% year-on-year rise in Q4 consolidated net profit to Rs 5,616 crore, ...
Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...
SBI Q4 profit rises 6%, investors cautious over bond yield impactState Bank of India achieved its second-highest annual corporate profit, reaching ₹83,299 crore. Despite robust loan growth, investor senti...
InCred Holdings files updated draft IPO papers with Sebi; eyes Rs 1,250 cr via fresh issueRetail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,0...
Mayuresh Joshi's top picks: Chemicals the dark horse, underweight on ITIndian markets delivered strong earnings, but opportunities vary. Autos show stable demand with input cost risks. Chemicals are a potential...
J&K Bank posts highest ever annual profit of Rs Rs 2363 crore in FY26Jammu and Kashmir Bank achieved its highest-ever annual profit of Rs 2,326.47 crore for the financial year 2025-26. This marks a significan...
PNB shares jump 4% after Q4 results but Jefferies, Motilal, other brokerages are cutting target prices; here's whyPunjab National Bank shares saw a significant jump on Wednesday. The lender reported a 14% rise in net profit for the fourth quarter of FY2...
Capri Global Capital targets ₹55,000 crore AUM by FY28; gold loans and co-lending drive profitability: Rajesh SharmaCapri Global Capital is targeting ₹55,000 crore in assets under management by FY28. The non-banking financial company is focusing on growth...
OnEMI Technology Solutions IPO Day 1: Check subscription status, GMP; Should you subscribe?OnEMI Technology Solutions’ Rs 926 crore IPO opened with muted demand, seeing just 2% subscription early on Day 1. A modest GMP signals mil...