Page 14 - Anupreksha Jain

Muthoot Finance to inject ₹200 crore into home loan arm for growth

Muthoot Finance plans to invest Rs 200 crore in its housing finance subsidiary, Muthoot Homefin, for growth, as the home loan arm's assets under management rise 41% in Q1 FY26

RBI's revised co-lending norms likely to boost NBFC growth: Crisil

The revised norms allow Direct Lending Guarantees across loan types and reduce the minimum loan retention threshold for NBFCs to 10%, says Crisil

European Union sanctions cloud lenders' confidence in Nayara Energy

SBI halts trade, foreign currency transactions to avoid adverse action

RBI to simplify claim process for deposits, lockers of deceased customers

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer

Indian economy contributing more to global growth than US: RBI Guv Malhotra

RBI Governor Sanjay Malhotra says India contributes 18% to global GDP versus US share of under 11%, retains FY26 growth forecast at 6.5% despite Trump's 'dead economy' remark

Donald Trump tariff impact: Banks likely to tighten lending to MSMEs

Experts say 25% US tariff could render export-oriented firms uncompetitive

Indian Overseas Bank reverts to old internet banking after new system fails

IOB restores old platform after technical failure in revamped system developed by Infosys subsidiary EdgeVerve disrupts services and login access for customers

MFIs face tough recovery path; profitability seen by FY26-end: CRISIL

CRISIL says MFI profitability to normalise only by end-FY26 as legacy slippages and state-level disruptions in Karnataka and Tamil Nadu slow down recovery prospects

Retail mortgage loans by NBFCs, HFCs seen at ₹20 trn by FY28: ICRA

Retail mortgage lending by NBFCs and HFCs to grow at up to 22 per cent CAGR through FY28, led by demand and limited unsecured credit availability, says ICRA

Canara Bank to recruit people proficient in local languages: MD & CEO

We target that our recoveries should be substantially higher than the slippages, says K Satyanarayana Raju

Piramal Enterprises Q1FY26 net profit rises 52%; CFO Goyal resigns

Piramal Enterprises sees strong profit growth in Q1FY26 with a 52% YoY rise, as CFO Upma Goyal resigns and Vikash Singla is set to become CFO of the merged entity

IDFC First Bank's micro loan stress may bottom out in 2 quarters: MD & CEO

The bank expects its microfinance stress to ease in the next couple of quarters, after which it plans to grow its book in a measured way, while also putting a proposal to vote at the upcoming AGM

NPAs in agriculture sector stay high amid loan-saturation concerns

The stress reflects growing concern over loan saturation, with some PSBs reporting lower single-digit year-on-year (Y-o-Y) growth

Bank of Baroda Q1FY26 results: Net profit up 1.9%, margins compress

Bank of Baroda's Q1FY26 net profit rises 1.9%, aided by treasury income, while pressure on net interest margin continues

Flexible inflation targeting helps anchor inflation expectations: RBI study

RBI's report on the transition to flexible inflation targeting highlights its role in managing inflation expectations, despite supply shocks and global inflation factors

Canara Bank net profit rises 22% on healthy growth in other income

Canara Bank reports a 22% rise in Q1FY26 net profit, buoyed by a 32.73% YoY increase in other income, despite pressure on its net interest margin

Mahindra Finance Q1FY26 results: Net profit rises 3% to ₹530 crore

Mahindra Finance posted a 3% increase in net profit for Q1 FY26, but a 6% decline on a sequential basis. Total income grew by 18% YoY to Rs 4,438 crore

Not mandatory for customers to opt for digital banking: RBI draft norms

Further, the norms stated that banks should obtain consent from customers for providing digital banking services

Central Bank of India Q1 results: PAT jumps 33% to ₹1,169 cr on lower NPAs

The total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing

Jio Financial Services profit up 4% at ₹325 crore as expenses rise

Jio Credit Limited, the flagship arm of JFS, reported assets under management of ₹11,665 crore, up from ₹217 crore in Q1FY25