BUSINESS
L&T Finance targets 20% growth in FY26, eyes MFI recovery by Q2: CEO Roy
CEO Roy says, the challenges in the microfinance (MFI) sector are coming to an end, with normalcy expected by Q2 FY26
BUSINESS
RBL Bank to remain cautious on unsecured lending in FY26: CEO Subramaniakumar
We remain confident that unsecured lending will retain its relevance but at a significantly lower proportion compared to three years ago, CEO says
BUSINESS
Bank of Maharashtra plans to raise Rs 7,500 crore in 2025 to reduce govt's stake to below 75%: CEO
Nidhu Saxena also says he is confident that the company will maintain its CASA deposits, despite the falling interest rate environment
BUSINESS
IndusInd Bank’s BCA tied to asset quality, liquidity: Moody’s
To maintain its current BCA, the support of the government may be required, says Alka Anbarasu of Moody's Ratings, speaking to Moneycontrol
BUSINESS
Stress in personal loans to persist into FY26: Axis Bank CEO Amitabh Chaudhry
While there are indications of a broader normalisation of stress in the retail credit cycle, personal loans to require a few more quarters to improve, says Chaudhry
BUSINESS
Axis Bank refrains from providing FY26 growth projections
While we are confident about growth in FY25, we do not give any guidance, CEO says
BUSINESS
Moody's sees room for higher bank credit growth after LCR relief, but sticks to 11–13% forecast
The rating firm expects the relaxation in LCR guidelines to add some capacity, potentially boosting loan growth by 100 to 150 basis points.
BUSINESS
NBFCs poised to grow in FY26 despite challenges in microfinance & personal loans
Analysts feel that while the MFI sector has been grappling with asset quality stress, the short-term nature of these loans suggests that the worst could be over, unless macroeconomic conditions worsen.
BUSINESS
Tamilnad Mercantile Bank to bet on transaction business unit to engage HNIs: CEO Salee S Nair
TMB CEO also says the bank aims to grow its advances by at least 15-18 percent in FY26
BUSINESS
Ajay Seth, Giridhar Aramane lead race for IRDAI Chairman role
With Anuradha Thakur appointed as successor to Seth, he is seen as likely the frontrunner for the position.
BUSINESS
Life insurers' new business premiums rise 2% in March 2025 after a sluggish February
This rebound comes after a sluggish February and was led by improved performance in group business segments, although individual policy sales remained under pressure.
BUSINESS
Inflation to stay benign, say minutes of RBI MPC, as food prices ease and crude cools off
The MPC now projects CPI inflation for 2025-26 to average 4.0%, with quarterly readings expected to range between 3.6 and 4.4%
BUSINESS
Global headwinds pose downside risk to India’s growth: RBI MPC minutes
The RBI revised its GDP growth projection for 2025-26 slightly downward to 6.5%, citing heightened global trade tensions, softening external demand, and growing investment uncertainty.
BUSINESS
High small savings rates a potential concern for bank deposit growth, says RBI bulletin
These rates, currently 16-66 basis points above formula-based levels, could pose a challenge for bank deposit growth in a rate-easing cycle where deposit rates are expected to decline, says RBI
BUSINESS
Only 138 of 725 NBFC-ICC applications approved by RBI since 2021
About 468 applications were either returned or withdrawn by the applicants, while 66 were rejected outright.
BUSINESS
Deloitte foresees more banks expanding wealth management services to mid- and high-income groups
In an interaction with Moneycontrol, Deloitte India partner Himanish Chaudhuri also said that public-private partnerships are expected to enhance and accelerate value-added services in Indian banking apps.
BUSINESS
In-demand ULIPs drive topline, but insurers cautious to limit over-exposure
ULIPs being market-linked, are inherently volatile and have relatively lower margins and persistency ratios, insurers have said hinting that they aim to reduce its share further, to achieve a more ‘balanced’ product mix.
BUSINESS
HDFC Life eyes protection growth and unit-linked moderation in FY26: CFO Niraj Shah
CFO Niraj Shah also says he anticipates the company transitioning to a risk-based capital regime within the next 12 to 18 months
BUSINESS
Yes Bank follows industry leaders, cuts savings rates to boost profitability: CEO Prashant Kumar
Prashant Kumar also sidestepped questions on October leadership reappointment, says board holds decision-making authority
BUSINESS
Nearly half of Indians still skip term insurance: Policybazaar report
Jargon-filled terms and conditions and lack of clear communication from insurers have made insurance a product that people either delay or avoid altogether, the report added.
BUSINESS
Pramerica Insurance retains Rs 3,000-crore FY26 target despite MFI slowdown impact: CEO
Pankaj Gupta also says the company is set to significantly boost its ULIP portfolio, aiming to increase its exposure from 10 percent in FY25 to 25-50 percent by FY28.
BUSINESS
Term insurance purchases by self-employed surge 58% in FY25
Policybazaar data reveals over Rs 1-crore cover gaining traction among Gen z and Millennial entrepreneurs
BUSINESS
Non-life insurers’ premium grows 6.2% in FY25 at Rs 3.08 trillion
Gross direct premium underwritten crosses Rs 3.07 lakh crore, with standalone health insurers seeing a 15.99 percent annual growth
BUSINESS
Economists see 75–100 bps rate cuts as RBI trims FY26 GDP growth forecast to 6.5%
Despite domestic strengths, the RBI’s Monetary Policy Report cautioned against external risks such as rising protectionist measures, geopolitical tensions, supply chain pressures, and volatile global financial conditions.
