Latest Updates Around The World
Markets regulator Securities and Exchange Board of India (Sebi) has proposed an assets under management (AUM) threshold of Rs 20,000 crore for a benchmark or index to be considered ‘significant indices’.This move follows internal deliberations and discussions with the Association of Mutual Funds in India (AMFI) with a view to promoting transparency and accountability in […]
According to Motilal Oswal, credit growth trends remained mixed across segments during the quarter, although there was a clear demand revival | Photo credit: Non-banking finance companies are likely to report 15-20 per cent year-on-year (yoy) growth in assets under management (AUM) in Q3FY26 and show healthy asset quality trends, say analysts. “We expect AUM […]
Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed updated draft documents with market regulator Sebi to raise a little over Rs 656 crore through an initial public offering (IPO).This IPO would mark the first public listing of a standalone Indian-origin private equity firm that manages alternative assets. According to […]
India’s alternative investment ecosystem has entered a new phase of scale, with Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs) collectively crossing Rs 23.43 lakh crore in assets by September 2025. New data compiled by PMS Bazaar shows that the sector has grown at a remarkable CAGR of 31.24% over the past decade, driven […]
D Arul Selvan, President and Chief Financial Officer, CIFCL Prolonged monsoons and a clean-up of the consumer lending segment led to Cholamandalam Investment and Finance Company Limited (CIFCL) seeing a decline in asset quality in the quarter ended September, said Arul Selvan, President & CFO of CIFCL. Even as CIFCL reported 20 percent revenue and […]
Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 percent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth. The Chennai-based company had made a profit of Rs 182 crore in the corresponding period last year. Total income during the quarter under review […]
Mumbai: The growth in net interest income (NII) helped Piramal Finance report a two-fold year-on-year rise in consolidated net profit for the September quarter to ₹327 crore, while Poonawalla Fincorp moved into the black with a profit of ₹74 crore compared to a loss of ₹471 crore a year ago. For Piramal Finance, NII rose […]
