Page 4 - Aathira Varier

Bank of Baroda Q4FY26 results: Net profit rises 11.2% to ₹5,616 crore

The bank's non-interest income declined 16.2 per cent YoY to Rs 3,967 crore in the quarter

Non-life insurance premiums rise 8% in April on segment-wide growth

Gross direct premium underwritten by non-life insurers rose 8.28 per cent in April, supported by strong growth in health and general insurance segments

NBFC-MFIs drive sharp rise in microfinance originations in Q4: Report

NBFC-MFIs led the growth in microfinance originations during Q4FY26, while higher average ticket sizes and continued lending to existing borrowers supported disbursement momentum

IIFL is transforming into a major wealth management company: R Venkataraman

Venkataraman said Fairfax's Rs 2,000 crore investment will strengthen IIFL Capital's balance sheet and support expansion across wealth management and capital markets businesses

Microfinance sector posts Q4FY26 growth after eight quarters of decline

The microfinance sector's gross loan portfolio rose sequentially in Q4FY26, supported by higher loan originations, bigger ticket sizes and improving asset quality

Fairfax India announces ₹2,000 crore infusion into IIFL Capital Services

Fairfax India will infuse ₹2,000 crore into IIFL Capital Services through a mix of transactions, increasing its stake in the company to at least 51 per cent

South Indian Bank Q4 results: Net profit rises 19.3% to ₹408 crore

South Indian Bank reported a 19.3 per cent rise in fourth-quarter net profit, helped by a sharp fall in provisions and steady growth in loans and deposits

GST Rationalisation impact: Share of high-value health policies doubles

Zero GST on retail health insurance boosts affordability, driving a sharp shift toward high-value policies as rising medical costs push demand for larger coverage

100% FDI in insurance: Global investors drawn to India's non-life market

Chubb, Old Mutual, Tiger Global Management, and Bain Capital are assessing India opportunities

Canara HSBC Life Insurance to expand tieups, says MD & CEO Anuj Mathur

Canara HSBC Life Insurance plans to reduce reliance on Canara Bank as it scales alternate distribution channels and sustains growth momentum

RBI caps unsecured lending, tightens housing loan norms for UCBs

RBI has issued revised lending norms for urban co-operative banks, capping unsecured loans and tightening housing loan rules to strengthen risk management practices

Govt notifies 100% FDI in insurance sector under automatic route rules

The move to allow 100 per cent FDI in the insurance sector is expected to boost foreign interest in the sector

GST tailwind boosts life insurance premiums, fails to lift policy volumes

Removal of GST on individual policies lifted life insurers' premium growth in FY26, but policy volumes remained subdued, highlighting rising ticket sizes rather than wider customer penetration

NBFCs return to banks for loans as bond yields stay elevated

Bank credit to NBFCs rises sharply as shadow lenders shift funding sources amid high bond yields, supported by regulatory easing and improved banking liquidity

IDBI Bank's Q4 FY26 results: Net profit declines 5% to ₹1,943 crore

Bank reports decline in profit due to weak non-interest income, even as net interest income rises and asset quality and capital adequacy improve

Federal Bank to acquire 450,000 retail credit cards from StanChart

Bank to strengthen retail franchise and Tier-1 presence by acquiring seasoned credit card portfolio from Standard Chartered amid broader retail strategy shift

Indian Bank Q4 FY26 profit rises 5% to ₹3,103 crore, NII up 11%

Indian Bank reported a 5 per cent rise in Q4 FY26 profit, aided by strong NII growth and improved asset quality, though non-interest income declined during the quarter

'Increasing policy sales in FY27 a focus area for SBI Life Insurance'

SBI Life Insurance to push policy sales in FY27, expects steady growth and stable margins despite regulatory changes and product mix shift

Early delinquency rate in MFI drops sharply to 2.3%: Equifax India

This trend suggests that lenders are prioritising credit discipline over growth, particularly in a macro environment marked by cautious lending

RBI Governor launches 'Mission SAKSHAM' for Urban Co-operative Banks

Nationwide capacity-building initiative aims to train 1.4 lakh UCB staff and strengthen governance, compliance and operational resilience in the sector