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JM Financial initiates coverage on OnEMI Technology with Buy call, sees 28% upsideJM Financial has initiated coverage on OnEMI Technology Solutions with a Buy rating and a target price of Rs 385, implying around 28% upsid...- Finance Minister pitches India's reform-led growth story to US InvestorsIndia remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focu...
- Slice closes $100 million round as valuation more than halves to $470 millionThe fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment arm of the hedge ...
- FM Nirmala Sitharaman hails India's 7.8% growth despite global disruptions as 'remarkable'India achieved 7.8 percent growth in the first quarter of fiscal year 2026-27. This remarkable expansion positions India as the world's fas...
- Small finance banks' asset quality to improve, GNPA to drop by 120 basis points by March 2027: CrisilSmall finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significant...
- Small finance banks' asset quality to improve, GNPA to fall by March 2027: Crisil RatingsSmall finance banks anticipate improved asset quality by March 2027. Gross non-performing assets are projected to decline significantly fro...
- Rajesh Exports repays ₹510 crore dues to Canara Bank after DRT orderCanara Bank recovered all dues totaling ₹510 crore from Rajesh Exports. This recovery followed an order by a debt recovery tribunal. The ba...
- HDFC Bank eyes revival after peer outperformanceSashidhar Jagdishan's tenure at HDFC Bank ends with operational strength but weak stock performance. The bank improved asset quality and lo...
- Banks look to push prudent borrowing for small loan-takersBanks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline...
- Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
- Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod KumarIndian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surp...
- How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...
- NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on orderThe National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writi...
- Bernstein cuts PFC, REC target prices as bank competition weighs on loan growthBernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates,...
- Sidbi net profit rises 14pc to record Rs 5,493 crore in FY26Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw significant growth during the financial ...
- Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
- Indian banks are in their best shape in a decade: Motilal OswalIndian banks are in their strongest position in a decade, with gross NPAs near historic lows and robust capital buffers, Motilal Oswal Fina...
- No takers: Public sector banks put ₹39,000 cr of bad loans up for sale againPublic sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Over...
- Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM SitharamanFinance Minister Nirmala Sitharaman on Monday said India’s banking sector is in its strongest position to undertake the next phase of refor...
- Banking leaders urged to shape reforms as government readies panel for Viksit Bharat 2047Finance Minister Nirmala Sitharaman said the government will soon set up a high-powered committee to chart the banking sector's role in bui...
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