BUSINESS
Private general insurers to raise concerns with fin min over 4% mandatory cession to GIC Re, citing profitability strain
While public sector insurers may face less competitive pressure to optimise reinsurance costs, as the mandatory cession aligns with their operational framework, private insurers may face financial stress, say sources.
BUSINESS
6 of 7 private banks face slump in operating profits, margins in Q4 FY25
The decline stemmed from weaker demand in specific loan segments and deliberate efforts by banks to reduce elevated loan-to-deposit ratios. Moreover, this trend may persist.
BUSINESS
Credit card segment to reach pre-embargo levels in 6 months, Kotak CEO Vaswani says
Kotak expects steady performance in its personal loan portfolio and credit card segment in FY26, CEO Vaswani says
BANKING
Federal Bank avoids high-risk assets as yields drop, MFI stress to persist for 1-2 quarters: CEO KVS Manian
CEO Manian also says bank remains in a “wait and watch” mode on the MFI segment due to ongoing challenges
BUSINESS
Analysts warn Tamil Nadu MFI lenders may face strain, cite Karnataka fallout
Analysts say that the Tamil Nadu Bill’s vague definition of 'coercive' recovery methods — potentially encompassing persistent follow-ups, late-night calls, or physical intimidation — could lead to inconsistent enforcement.
BUSINESS
HDFC Bank's market cap only slightly trails Goldman Sachs
Despite differing in business models, HDFC Bank as a commercial bank and Goldman Sachs as an investment bank, the comparison highlights HDFC’s growing prominence
BUSINESS
MC Analysis | Leading Indian banks refrain from giving guidance on FY26 growth; first time in many years
The potential for further yield erosion, combined with challenges in deposit mobilisation and rising credit costs, has made forecasting difficult, especially amid global tariff uncertainties.
BUSINESS
MC Interview | Galaxy Health Insurance to launch bancassurance in 6 months: CEO Srinivasan
Company to focus on bancassurance, embedded insurance, and wellness products while targeting Rs 200 crore in FY26 up from Rs 17 crore
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.
