Page 10 - Anupreksha Jain

Currency circulation rises 5.8% as ₹2,000 note impact fades: RBI

RBI's annual report shows recovery in currency circulation post ₹2,000 note withdrawal, surge in e-rupee usage, and strong digital payment adoption in FY25

Listed banks post ₹94,228 crore profit in Q4; PSBs lead with 13% rise

Driven by strong public sector bank performance, listed banks saw a 4.4% YoY profit rise in Q4 FY25, despite private banks posting lower profits and muted NIMs

Digital lending norms: NBFC loans to MSMEs likely to get dearer

Mostly loans to micro, small, and medium enterprises (MSMEs) are covered under credit guarantee schemes. Loans to these sectors that are extended by the NBFCs, as a result, could become dearer

To pay additional interest to bond holders for CAR breach period: UGRO

On May 20th, 2025, UGRO has announced a capital raise of more than Rs. 1300 crore which would increase its capital adequacy from current 19.4 percent to 29.4 percent

Banks, NBFCs shift focus away from unsecured loans to loan against property

As stress continues to linger in the unsecured segment of retail lending, LAP has emerged as an attractive avenue for banks and NBFCs besides gold loans

Open to investors to strengthen IIFL Samasta's capital base: Nirmal Jain

Nimal Jain shared the lender's strategies and growth plans for 2025-26 (FY26)

Banks, NBFCs may need IT overhaul to meet RBI co-lending norms: Bankers

Bankers say RBI's co-lending draft norms may require significant IT upgrades and clarification on the CLM 2 model to ensure compliance and operational readiness

Muthoot Finance to go slow on MFI biz amid stress in the segment: MD

George Alexander Muthoot says the firm will prioritise gold loans due to strong demand and regulatory pressure on unsecured lending, as MFI exposure is scaled down

Canara, Union Bank announce special deposit schemes to boost growth

The product offers a flexible benefit system like charge waivers and concessions which is linked to the previous month's Monthly Average Balance (MAB)

State-run banks cautious; target modest 11-13% credit growth in FY26

Bankers said credit growth is expected to be sluggish in FY26 owing to weaker demand across unsecured loans, mortgages

NIM will be under pressure in first 2 quarters of FY26: Canara Bank MD, CEO

Corporate credit growth was around 10 per cent in FY25 and this year also we will maintain the same

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

A, BBB-rated NBFCs face sharper slowdown amid asset quality stress

Lower-rated NBFCs face increased credit cost, lagged funding relief and rising losses in unsecured segments as overall loan growth slows down, says India Ratings

Canara Bank Q4FY results: Net profit rises 33% to Rs 5,004 crore

Canara Bank posted a 33 per cent YoY rise in Q4 net profit to Rs 5,004 crore as other income rose 22 per cent while margins came under pressure amid rate cut transmission

Canara Bank Q4 net profit rises 33% to Rs 5,004 crore despite NIM drop

Canara Bank posts strong Q4 profit growth driven by other income as NII dips 1.44 per cent and net interest margin narrows to 2.73 per cent amid higher cost of funds

Bank spread narrows to 10-year low of 2.71% in March: CareEdge

Lending-deposit rate spread for banks dropped to 2.71 per cent in March, driven by lower lending rates amid reduced high-yield loan exposure and RBI rate cuts

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

Longer call money trading hours likely to address liquidity mismatch

The RBI has proposed extending call money trading hours to 7 PM from 5 PM to better align liquidity with 24x7 payment systems and address mismatches in fund flows

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

Draft gold loan guidelines may slow down NBFCs' loan growth, says Crisil

The draft guidelines propose that the loan-to-value (LTV) ratio be maintained within a ceiling of 75 per cent throughout the loan tenure, including both principal and accrued interest