BUSINESS
Indian MFs have been price and demand leaders of IPOs, says Kotak Investment Banking CEO S Ramesh
New-age firms that launched IPOs in 2025 have delivered average return of 36%, so far; the retail investor has not lost money, says Ramesh, debunking talk of systemic wealth transfer
BUSINESS
TPG said to be in talks with IIFL Capital for stake acquisition
Sources indicate that TPG is likely offer some exit to the Canadian PE major Fairfax’s investment in the company and infuse fresh capital to hold a minimum 20% stake in the company.
BANKING
The Samurai banker: Rajeev Kannan, the man who forged SMBC-Yes Bank deal
Said to be the 'Indian face' of the SMBC–Yes Bank deal, Kannan's style of leadership is forged in Japanese mannerism which has served him and the SMBC Group well in the past 27 years
BUSINESS
OPINION | Vault Matters: Can RBI Gov Malhotra get the elephant out of the forest?
The year gone by was more like a honeymoon period for Sanjay Malhotra with inflation tamed and IndusInd Bank’s fraud not turning out to be a crisis for the banking sector. The joker in the pack was Rupee, which started behaving unpredictable towards the end of 2025. Coupled with uneasy growth trends, 2026 could prove to be a test year for the governor
BUSINESS
HDFC Life sees VNB margins normalising by FY27 as near-term pressures ease: MD & CEO Vibha Padalkar
During an exclusive email interaction with Moneycontrol, the MD and CEO said she said the company is taking a calibrated approach alongside industry-wide discussions with distributors, while focusing beyond cost optimisation to improve profitability
BUSINESS
Open to more acquisitions for growth: Ankur Bansal, co-founder & MD, BlackSoil Capital
We are working with development financial institutions for that. Post the merger with Caspian, we are in a unique space where everybody wants to fund. They have done in the past with financial inclusion for instance. Our next biggest segment will be focusing on climate finance, said Bansal.
BUSINESS
Fino will not digress from profitability agenda even as an SFB: CEO Rishi Gupta
Gupta is ready with the roadmap to scale into an Rs 8,000–10,000 crore SFB within three years of operations, he tells Moneycontrol how he plans to do that
BANKING
Far more willing to fund infra loans, but don’t want to be a storage bank: Kotak Mahindra Bank's Paritosh Kashyap
At this stage, wholesale banking is not just lending. Lending forms only a very minuscule part of the products we offer to wholesale customers, whole-time director Kashyap tells Moneycontrol
BUSINESS
Shriram Capital to restructure lending to refocus on other businesses: Umesh Revankar, Executive VC, Shriram Finance
We believe our credit business require a different kind of attention and the other businesses where we have a strong partner, it also need a certain focus. I think only to bring focus into the activity we may be restructuring the credit business, Revankar said
BUSINESS
It’s tough to replicate HDFC model: Keki Mistry, former VC & CEO, HDFC Ltd
Mistry is hopeful of a reduction in personal income tax slabs in 2026, and is optimistic about the housing sector. He believes that a little more confidence in the hands of consumers may go a long way in further sprucing demand.
BUSINESS
Private sector banks not investing in people, says SBI chairman CS Setty
In an exclusive interview to Moneycontrol, Setty says public sector banks continue to invest in their employees which is lacking in most private banks
BUSINESS
OPINION | Vault Matters: Why Rajiv Anand will be 2026’s most tracked bank CEO
Turning around an institution is a mammoth task. Especially when it is going through investigations for fraud. Rajiv for a foreseeable future may be caught between clearing the air for things that happened in the past and aspirations to take the ship forward. A tough tug-of-war
BUSINESS
Shriram Finance poised for massive re-rating with MUFG entry after $4-bn fresh infusion
Sources said the stake acquisition will be executed through a combination of preferential allotment and warrants.
BUSINESS
Aiming to increase wealth AUM to Rs 15 lakh cr by 2030: SBI Chairman
Currently, the bank has Rs 4 trillion of wealth assets, mostly in the form of deposits
BUSINESS
A bank’s biggest expense is mobilising resources, not operations, says SBI chairman CS Setty
Banks is India rely heavily on deposits for liabilities, as against market borrowings in the US but it may change in 10 years, Setty tells Moneycontrol
BANKING
SBI converging all payments system under one umbrella, says chairman CS Setty
YONO as a property is inseparable from SBI. The bank has identified 10,000 branches, predominantly those with high footfall, and deployed floor managers to assist customers with YONO, Setty tells Moneycontrol
BANKING
Will acquire 1% more market share annually to hit 25% GDP target, says SBI chief Setty
SBI has done very well in terms of business, protecting the margins despite moderation in policy rates, chairman CS Setty tells Moneycontrol
BUSINESS
An emotional townhall, tag-along option and more: Finer details of the Avendus - Mizuho deal
Alongside KKR’s stake sale, the private equity firm has also made an offer to acquire the shares held by Ranu Vora, one of Avendus’ co-founders.
BUSINESS
MUFG likely to infuse $3.5-4 billion for 20% stake in Shriram Finance; board meet likely this week
The proposed transaction will not trigger an open offer, as the stake acquisition will be entirely through a primary issuance of shares.
BANKING
Deutsche Bank’s India retail sale faces valuation hurdles due to wealth biz run down
The sale process may involve divestment of items on its core balance sheet. RBL Bank likely to join the bid process
BUSINESS
DBS enhancing products for affluent segment, investing in tech and people: DBS India CEO Rajat Verma
Confident of doubling the wealth assets in the coming years, Verma shares insight into his plans for wealth business and more in an exclusive interview with Moneycontrol
BUSINESS
Warburg backed TruHome Finance kick starts Rs 3000 crore IPO process
JM Financial, IIFL Capital, Kotak and Jefferies have been appointed as bankers to the IPO
BUSINESS
Mizuho to close in on Avendus deal in a week
The Board of Avendus Capital is set to convene next week to evaluate the deal proposal from Mizuho to buyout stakes held by KKR and other investors including a few founder promoters.
BUSINESS
OPINION | Vault Matters: India needs its ICBC, ABC, and JP Morgan: SBI alone won’t do
Scale brings the ability to absorb losses, to make losses look insignificant, and thereby give the impetus to grow without having to fear about how the profit and loss statement will look. If the economy must fast forward growth in the next ten years, that’s the need of the hour for Indian banking system
