Accelerated credit provisions and a one-time labour code charge weighed on Bajaj Finance's Q3FY26 profit, even as income growth and asset quality stayed healthy
The ₹2,750-crore primary capital infusion by Advent International values Aditya Birla Housing Finance at ₹19,250 crore and will support growth and market expansion
Aditya Birla Capital's consolidated net profit rose 33.3 per cent in Q3FY26, led by strong growth across its lending, insurance and asset management businesses
The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged
Despite a cumulative 125 basis point cut in the repo rate and record liquidity injections of about Rs 6.6 trillion during the current financial year, yields remained elevated
South Indian Bank expects loan growth above 12% by shifting focus from corporate lending to retail, MSME and agriculture, while margins face short-term pressure amid rate cuts
RBI Governor Sanjay Malhotra says base year revision of GDP, CPI and IIP will enable more calibrated policymaking, improve inflation targeting and better reflect India's evolving economy
States had borrowed Rs 5 trillion through state bonds in the first half of FY26, with Q2 issuances marginally exceeding the indicative borrowing calendar, the first such instance in seven quarters
Complaints filed online will be registered on the RBI's Complaint Management System portal, while those received through email or post will be processed centrally by the CRPC
The RBI has directed banks and eligible NBFCs to automatically escalate partially resolved or rejected complaints to the internal ombudsman and convey final decisions within 30 days