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'Total ECL-related provisioning requirement around ₹10,000 crore'

We expect to extend an additional Rs 18,000 crore- Rs. 20,000 crore of credit under the scheme. We have already identified eligible accounts, and the rollout will begin within the week, he said

Bajaj Electricals looks to close growth gap with FMEG peers from FY27

In the centenary year marking the inception of Bajaj Group as a business house in Mumbai, Chairman Shekhar Bajaj speaks about the journey and the road ahead for Bajaj Electricals

Succession pressure is lower as we have more group firms: Sanjiv Bajaj

Bajaj outlined the group's ambition to take Bajaj Finserv to every middle-class household in India over next 5 years and build it into country's "best" and one of its largest financial conglomerates

Ashok Kumar Panda takes charge as SAIL chief, targets 35 MTPA capacity

Ashok Kumar Panda has assumed charge as chairman and managing director of SAIL, with a focus on expansion, raw material security and value-added steel

J&K Bank aims for ₹5 trn biz, near-zero net NPA in 2-3 years: MD & CEO

MD & CEO Amitava Chatterjee says the bank aims to become a national player with a stronger retail footprint outside Jammu & Kashmir

Major reforms, consolidation in the works: Coal India CMD B Sairam

CIL Chairman B Sairam outlines the miner's plans to reduce coal stockpiles, modernise operations, pursue gasification and thermal power projects, and accelerate reforms across the organisation

GCCs have to focus on what is needed in the future: Ramkumar Narayanan

FIS says GCCs must evolve beyond support roles by building future-ready talent, expanding global leadership and scaling trusted AI adoption

Expect to match sector's credit growth: South Indian Bank CEO Seshadri

South Indian Bank MD & CEO PR Seshadri says low Stage-2 assets will help contain additional provisioning under ECL norms while the bank targets stronger margins and steady credit growth

Claire has what it takes to lead Biocon forward: Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw explained why she has chosen her niece, Claire, as her successor, outlining a five-year transition plan that will eventually see Claire take over as chairperson

KPIT Technologies founder and chairman Ravi Pandit passes away at 76

Ravi Pandit co-founded KPIT Technologies with Kishor Patil in the 1990s and helped build the firm into a global automotive software and mobility solutions company

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

Retail trading is becoming more disciplined, says Upstox CEO Ravi Kumar

Upstox CEO Ravi Kumar says retail investors are becoming more discerning and risk-aware, with trading behaviour shifting from momentum-driven bets to more disciplined strategies

No impact on profitability for transition to ECL norms: Kalyan Kumar

Central Bank of India MD & CEO Kalyan Kumar says healthy loan growth will improve the CD ratio while cost-cutting measures will lower the cost-to-income ratio below 50 per cent in three years

Credit growth in FY27 could touch 14% despite West Asia crisis: PNB MD

PNB sees credit growth touching 14% in FY27 despite West Asia risks, with ECLGS 5.0 expected to support MSMEs and sustain lending momentum

CII President Rajiv Memani flags need for govt support in critical sectors

Rajiv Memani, president of the Confederation of Indian Industry and regional managing partner of EY Africa India region speaks on the challenges and opportunities facing India Inc

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon

Biocon founder Kiran Mazumdar-Shaw outlines a five-year transition plan, naming niece Claire Mazumdar as successor to lead the company's next growth phase

Who is Claire Mazumdar, Kiran Mazumdar-Shaw's chosen successor for Biocon?

Claire Mazumdar, founding CEO of Bicara Therapeutics, has been named as successor to Biocon founder Kiran Mazumdar-Shaw, with a gradual leadership transition planned.

Carrier eyes $1 billion India revenue by decade-end: David L Gitlin

David L Gitlin, chairman and chief executive officer, Carrier Global, speaks about the company's plans to reach $1 billion in India revenue by the end of the decade

Strategy remains focused on volume-led penetration growth: Nestle India CMD

At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary

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