BUSINESS
Niva Bupa targets 6-7% growth rate above market average in FY26: CFO Mahendra
Promoter Bupa increasing its stake in Niva Bupa would depend on liquidity conditions, he said. "We’ll continue to look for opportunities in group accounts, but retail will remain our primary focus," Mahendra said.
INDIA
Banks keep a close watch on border states as India-Pakistan conflict escalates
Jammu & Kashmir, Punjab, Rajasthan, Gujarat, and Himachal Pradesh collectively account for 12.81% of India’s total bank deposits and 13.41% of advances
BUSINESS
Union Bank of India Q4 FY25 net profit rises 51% to Rs 4,984 crore
For the full financial year, Union Bank of India posted a net profit of Rs 17,98,714 lakh, marking a year-on-year growth from Rs 13,64,831 lakh in FY24
BUSINESS
Indian insurers brace for commercial shipping insurance surge, as India-Pak tensions threaten Arabian sea trade
If the situation deteriorates, premiums could double or triple overnight, analysts have warned
BUSINESS
HUDCO aiming for zero bad loans, planning overseas debt issue: CEO Kulshestha
The company is in talks for a $500 million-equivalent loan in Japanese Yen, expected to be finalised by September, says Sanjay Kulshestha
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.
