Bandhan Bank reported a strong Q4 FY26, with net profit jumping 68% year-on-year to ₹534 crore, fueled by better asset quality. Net advances rose 12.6% to ₹1.54 lakh crore, and net NPAs fell to 1%. However, the bank's high Price-to-Earni...
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Indian markets dropped, with bank stocks leading the fall, after the Reserve Bank of India finalized new rules for expected credit losses (ECL). This regulatory change, requiring banks to set aside funds for potential future loan default...
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Indian equity markets fell as the Reserve Bank of India finalized its Expected Credit Loss (ECL) provisioning framework, effective April 1, 2027. The new rule requires banks to provision for future loan losses, potentially increasing upf...
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AU Small Finance Bank reported strong Q4 earnings thanks to better margins and asset quality. However, Emkay Global Financial kept its 'Reduce' rating, raising its target price to ₹950. The analyst cited high operating costs and valuatio...
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India's National Stock Exchange is preparing for its IPO after nearing a settlement with SEBI. However, about 20 institutional investors plan to sell a 5% stake at a $55 billion valuation, raising concerns about share supply and a comple...
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City Union Bank (CUB) and L&T Finance (LTF) reported strong Q4 FY26 results. CUB hit its highest quarterly profit, while LTF saw good PAT growth from retail lending. Analysts are optimistic, forecasting up to 28% upside. However, LTF's h...
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Emkay Global Financial maintains a 'BUY' rating on SBI Cards and sets a new target price of Rs 850. Key drivers include strong fee income from spending and anticipated improvements in asset quality, even with slower customer acquisition...
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DCB Bank reported a record quarterly profit of Rs 732 crore, boosted by 18% loan growth to Rs 60,000 crore and wider margins. Deposits rose 21%, though its low CASA ratio persists. The bank plans a Rs 1,000-1,500 crore equity raise, trad...
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Piramal Finance reported a robust 390% year-on-year profit surge in Q4 FY26, propelling its stock up nearly 12% to an all-time high and pushing Assets Under Management past ₹1 lakh crore. While the company's shift to a retail-led model s...
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Short sellers have doubled bets against U.S. life insurers to over $5 billion, signaling unease over their significant exposure to private credit. About 35% of insurers' balance sheets are now tied to this less-regulated asset class, a s...
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Bajaj Housing Finance Ltd. finished Q4 FY26 with a 14% profit increase to ₹669 crore, driven by a 23% jump in Assets Under Management (AUM) to ₹1.41 lakh crore. However, net interest margins narrowed to 3.8% from 4% due to fierce competi...
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Flipkart, Axis Bank, and PayU are replacing SMS OTPs with biometric authentication for card payments. The move promises faster, more secure transactions, better fraud prevention, and meets RBI's call for stronger verification. It debuts...
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SBI Cards (SBICARD) saw spending jump 31% year-over-year in Q4 FY26, with net profit up 13% thanks to lower credit costs. However, analysts at Anand Rathi have cut profit estimates for FY27-28 by over 7%, pointing to slower growth in loa...
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Airport lounge access on credit cards is shifting from a widespread perk to a conditional benefit. Banks like HDFC, ICICI, and Axis are setting stricter rules tied to quarterly spending and introducing nominal fees. This recalibration re...
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MobiKwik's shares jumped significantly on April 27, 2026, following the Reserve Bank of India's approval for its Non-Banking Financial Company (NBFC) license. This critical regulatory win allows MobiKwik to launch its in-house lending ar...
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Canara Robeco Asset Management Company stock fell as rising expenses ate into profits, despite revenue growth. Q4 revenue grew 13% but net profit dipped 1%. Full-year profit rose only 7% as expenses surged 23%, signaling margin pressure....
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India's Micro, Small, and Medium Enterprises (MSMEs) face a significant credit gap, estimated at ₹25-30 lakh crore. Despite digital infrastructure and government efforts, traditional lenders are risk-averse, leaving the 'new-to-credit' s...
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Piramal Finance reported a 390% year-on-year increase in net profit for Q4 FY26, reaching ₹502 crore. This surge was driven by ₹1,590 crore in exceptional gains from asset disposals. However, provisions for legacy assets also rose sharpl...
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Using SMS for one-time passwords (OTPs) to verify digital identities is a major weakness. SIM swap scams, where criminals take over phone numbers, are rapidly increasing worldwide, causing billions in losses and putting financial firms a...
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The Indian microfinance sector is bouncing back, with its loan portfolio growing 5.3% to ₹3.39 lakh crore and delinquencies hitting a five-quarter low of 2.3%. But the recovery is uneven: NBFC-MFIs and private banks are growing their bus...
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India's microfinance sector achieved a record low 30+ DPD delinquency rate of 2.3% in the March 2026 quarter, reflecting improved asset quality. However, the total portfolio outstanding contracted 10% year-on-year to ₹3.38 lakh crore, wi...
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AU Small Finance Bank has submitted its final application for a universal banking license, a move expedited by the RBI's March decision to relax non-operative holding company requirements. The bank has simultaneously bolstered its senior...
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Nippon Life India Asset Management (NAM-INDIA) shares surged following its Q4 FY26 earnings, reporting a 28.8% year-on-year net profit increase to ₹384.72 crore and a 30% rise in QAAUM to ₹7.25 trillion. The company also declared a ₹12.5...
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Public sector banks experienced a decline, with the Nifty PSU Bank index falling 2% following the Reserve Bank of India's release of final Expected Credit Loss (ECL) framework guidelines, effective April 1, 2027. The new regime mandates...
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Bajaj Finance Ltd. will announce its Q4 FY26 financial results on April 29. The company is expected to report strong growth in revenue and assets under management (AUM). The Board will also consider approving the results and a final divi...
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City Union Bank (CUB) shares saw a notable rise after the lender announced its highest-ever quarterly profit in Q4 FY26, hitting ₹360 crore – a 25% increase year-on-year. The bank also improved its asset quality, with Gross NPAs falling...
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Prabhudas Lilladher maintained a 'BUY' rating on Can Fin Homes, setting a target price of Rs 1075. The brokerage anticipates loan book growth of 14% and 13% in FY27 and FY28, respectively, with stable Net Interest Margins. Despite invest...
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Monarch Networth Capital has successfully raised ₹100 crore for its Monarch Wealth Creator Fund, exclusively through its internal distribution network. The company reported a time-weighted rate of return (TWRR) of 10.72% since inception...
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Jio Financial Services shares jumped 3.2% on Monday, April 27, 2026, breaking through the ₹248 resistance level. This technical move signals a possible upward trend. Yet, the stock's high price relative to its earnings, far above industr...
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UCO Bank saw a 23% year-on-year net profit jump to ₹801 crore for Q4 FY26 and aims for a 1% Return on Assets by FY27, expecting margin growth from deposit repricing. However, its FY27 credit growth forecast of 12-14% is below recent actu...
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SBI Cards has sold ₹1,800 crore of bad credit card loans to Integro Finserv. The sale aims to improve the quality of SBI Card's loan portfolio amid rising defaults. However, the broader credit card industry still faces challenges with in...
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The Reserve Bank of India is updating Basel III capital rules, set to take effect April 1, 2027. Key changes include raising the retail lending threshold to ₹10 crore and setting a ₹500 crore cap for large unrated corporate and NBFC loan...
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