FINANCING

Finance Minister Nirmala Sitharaman is confident the government will meet its fiscal deficit target of 4.4 per cent of GDP by March 2026. This commitment was made in Parliament. The focus will now shift to the debt-to-GDP ratio. The minister urged c...

Bajaj Finance achieved record consumer loan disbursals this festive season. The company saw a 27 percent growth in loan volume and 29 percent in value. Government reforms in GST and income tax boosted consumer spending power. Over half of the custom...

Motilal Oswal Financial Services (MOFSL) posted strong Q2 results with AUM up 55% YoY, driven by ₹14,000 crore inflows and 17 lakh new SIPs. The firm reported record operating profit of ₹554 crore, while housing finance disbursements jumped 50% YoY....

India's ambition to lead the clean industrial transition faces significant hurdles, with 53 projects in development but none reaching final investment decisions this year. Outdated regulations, high financing costs, and a lack of demand-side policie...

Shriram Finance shares rose after the NBFC reported a 7% YoY rise in Q2FY26 profit to ₹2,314 crore. Total income grew to ₹11,921 crore and interest income to ₹11,551 crore, while expenses increased to ₹8,808 crore. The company maintained steady prof...

Small finance banks are currently offering the highest interest rates on 3-year fixed deposits, with Utkarsh Small Finance Bank leading at 7.65%. Private sector banks follow, with RBL Bank at 7.20%, while public sector banks offer lower rates, toppi...

PNB Housing Finance is close to appointing a new Managing Director and CEO. Four candidates have been shortlisted, with Ajai Shukla of Tata Capital Housing Finance leading the race. The company has submitted the names to regulators for approval. Thi...

The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are in dire need of funding options that ...

Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race to lead in artificial intelligence. The trend toward debt is new for internet giants long accustomed to having ample cash flo...

AU Small Finance Bank announced Deputy CEO Rajeev Yadav has resigned. He is leaving to explore new career paths. Yadav expressed gratitude for his time at the bank. He wished AU Small Finance Bank continued success. This marks a significant change i...

Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.

LIC Housing Finance expects double-digit growth and stable margins despite recent rate cuts, says MD & CEO Tribhuwan Adhikari. With credit costs under control and asset quality improving, the housing finance major is eyeing a strong second-half rebo...

Gold loan players like Muthoot Finance are expected to see continued growth despite gold price fluctuations, driven by market leadership and internal productivity. Analysts see a robust outlook for NBFCs, with rate cuts and GST simplifications benef...

Capital Small Finance Bank saw a 5% net profit rise to Rs 35 crore, despite higher provisions and a slight asset quality dip. Satin CreditCare, an NBFC-MFI, reported a robust 19% net profit increase to Rs 45 crore, with improved margins. Dhanlaxmi B...

Girish Kousgi has formally exited as PNB Housing Finance's MD & CEO, with his tenure concluding on October 28, 2025. Executive Director Jatul Anand will serve as interim head while the company seeks regulatory approval for a new full-time leader. Ko...

Jana Small Finance Bank’s plan to transition into a universal bank has hit a setback after the Reserve Bank of India (RBI) returned its application citing non-fulfilment of eligibility criteria. Managing director Ajay Kanwal said the bank will reapp...

Jana Small Finance Bank said on Tuesday that the Reserve Bank of India (RBI) has returned its application to transition into a universal bank, citing non-fulfilment of required criteria. Managing Director and CEO Ajay Kanwal said the communication f...

Shares of Jana Small Finance Bank may stay in focus after the RBI returned its application to transition into a universal bank, citing eligibility shortfalls. The lender, which recently approved a Rs 250 crore NCD issue, reported a 40% YoY drop in Q...

PNB Housing Finance shares are expected to see activity after a strong Q2FY26 profit growth of 24 percent. The company's net profit reached Rs 582 crore. Total income also rose by 13 percent. Brokerage firms like Bernstein and Motilal Oswal have set...