Page 9 - Abhijit Lele

Hudco plans to refinance up to ₹7,000 crore of costly debt in FY26

Institution aims to lower cost of funds by leveraging softening rates; raised ₹2,190 crore via NCDs in May and targets ₹65,000 crore in total borrowings this year

Bank of India Q4FY25 results: Net profit jumps 82.5% to ₹2,626 crore

Bank of India reports 82.5 per cent rise in Q4 net profit, boosted by treasury and fee income as asset quality improves and margins face pressure from rate cuts

Moody's downgrades IndusInd credit profile to 'ba2', flags control lapses

Moody's cuts IndusInd Bank's standalone credit profile citing weak internal controls, derivative accounting discrepancies, and leadership exits without succession plan

Policy rate cut to put more pressure margins: Union Bank of India MD & CEO

Union Bank Q4 profit rises 50.57 per cent year-on-year, but net interest margin dips to 2.87 per cent as RBI repo rate cuts begin to impact lending margins

Union Bank Q4 net profit up 50.57% to Rs 4,984 cr on strong fee income

Union Bank of India posted a 50.57 per cent rise in Q4FY25 net profit to Rs 4,984 crore, aided by an 18.1 per cent growth in non-interest income and improved asset quality

IIFL Finance Q4 net profit down 41.6% on lower income, higher costs

IIFL Finance's Q4 FY25 net profit fell 41.62 per cent to Rs 251.36 crore as income from operations declined and impairment expenses rose sharply year-on-year

Satin Creditcare Q4: Profit falls 67% on higher credit costs, weak AUM

Satin Creditcare reported a 67.2 per cent fall in Q4 net profit to Rs 41 crore due to increased credit costs and muted asset growth; FY25 profit down 48.8 per cent

Well capitalised, can sustain growth for at least next 3-5 years: BoB CEO

The profitability would be sustained this year as we expect improvement in net interest income owing to change in liquidity and interest rate trajectory

Union Bank of India admits to lapses in procuring Subramanian's book

Union Bank of India has acknowledged lapses in procuring India@100 by K V Subramanian, prompting an internal probe, though it says no material financial impact has emerged

Bank of Baroda Q4 results: Profit marginally rises 3.3% to ₹5,048 crore

The bank's treasury income doubled in the quarter ended March to ₹1,559 crore from ₹753 crore in Q4FY24

Can Fin Homes targets 20% disbursement growth in FY26 on rate relief

Can Fin Homes aims to grow loan disbursements by 20 per cent in FY26, citing softer interest rates and recovery in key markets like Karnataka and Telangana

Our aspiration is to exit Q4FY26 with RoA of 1%: Yes Bank MD & CEO

Prashant Kumar discusses the Q4FY25 results and future strategy of the bank

Co-lending 2.0 gains ground, but earlier avatar continues to cast a shadow

The reality is that co-lending did not take off because banks and NBFCs had to dance around issues after blowouts in shadow banking, and iron out the finer aspects of the model

SBI Q4 results: Net profit falls by 9.9% Y-o-Y to Rs 18,643 crore

For the full FY25, SBI posted record net profits of Rs 70,901 crore, showing 16.08 per cent Y-o-Y growth. Board approves Rs 25,000 crore of equity capital raise in FY26

Banks stare at Bhushan Power & Steel again after SC liquidation order

Lenders may need to reverse recoveries from JSW's resolution plan for Bhushan Power & Steel as Supreme Court orders liquidation, triggering fresh provisioning concerns

Nabfid plans to raise up to ₹70,000 crore in FY26 for development push

Eyes ECBs and international bond markets

Bank retail credit witness sharp slowdown in FY25; drops to 11.6%

Reserve Bank of India data showed the overall bank credit growth declined to 11 per cent in FY25 from 20.11 per cent in FY24

Bajaj Finance Q4FY25 results: Net profit rises 19% to Rs 4,546 crore

Elevates three Presidents as Dy CEOs

SBI mulls equity capital raise in FY26; board to discuss proposal

SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025 and annual results for FY25 on May 3, 2025

IDBI Bank's Q4 FY25 results: Net profit rises 26% to ₹2,051 crore

Non-interest income boosts bottom line; margins under pressure