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Canada’s PSP Investments weighs $1.5 billion sale of India roadsThe Public Sector Pension Investment Board is considering strategic moves for its Indian road assets. This Canadian pension fund is engagin...- SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
- Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest ratesSingapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income cha...
- Leap India raises Rs 743.6 crore from 32 anchor investors ahead of IPO launchThe anchor allocation witnessed participation from some of the world’s most prominent institutional investors, including the Monetary Autho...
- Fisdom founders to exit Groww after completing wealth business integrationGroww described the departures as part of a planned management transition, and said it does not plan to appoint external replacements. Its ...
- NFO Alert: SBI Mutual Fund launches Magnum Equity Ex-Top 100 Long Short FundSBI Mutual Fund has announced the launch of its Magnum Equity Ex-Top 100 Long Short Fund under the Specialized Investment Fund framework. O...
- Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
- Experts advise caution as CAS fuels arbitrage fund NAV volatilityArbitrage fund net asset values saw a significant daily surge after the NSE introduced a closing auction session. Fund managers noted these...
- Apollo Global debt deal fees and insurance earnings rise, asset sales dragApollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in ...
- PNB Housing Q1 profit rises 4% as loan book grows 15%PNB Housing Finance posted a 4.3% rise in June-quarter net profit as loan assets and AUM recorded double-digit growth. Net interest margin ...
- SBI Funds Management shares drop 2% after first earnings since IPO; net profit up 3% to Rs 873 croreSBI Funds Management saw profit rise 3.3% to Rs 873 crore year-on-year. Revenue from operations increased 15.2% to Rs 1,146 crore from last...
- Satin Creditcare Network board approves promoter's equity infusionThe promoter will infuse Rs 100 crore, taking its holding to 38.32% from 36.17%, people aware said. The company board approved the allotmen...
- Muthoot Finance shares crash 10% after Q1 results. What Motilal, other brokerages saidMuthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. Whil...
- Bajaj Finserv shares rise over 2% after Q1 earnings. Here's why Motilal Oswal upgrades to Buy, raises target priceBajaj Finserv shares climbed after reporting a 12% net profit increase for Q1 FY27. Revenue from operations grew nineteen percent year-on-y...
- 360 ONE Wealth CEO Yatin Shah targets bigger share of India’s ultra-rich360 ONE WAM Ltd. seeks to grow its market share in India's wealth management sector. The firm currently manages nearly ten percent of the u...
- Muthoot Finance reports 25% rise in Q1 profit, announces leadership transitionMuthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth i...
- Bajaj Finance Q1 Results: Profit jumps 28% YoY to Rs 6,081 crore, NII surges 23%Bajaj Finance on Thursday reported 28% year-on-year (YoY) growth in its standalone net profit at Rs 6,081 crore, compared with Rs 4,765 cro...
- 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...
- Kissht Q1 operating revenue rises 45% on higher loan disbursementsOperating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...
- Equitas SFB returns to profit in Q1 as provisions fall sharplyEquitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. Th...
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