Cholamandalam Investment and Finance’s second-quarter net profit rose 20%, but asset quality is declining

Total disbursements in Q2FY26 stood at ₹24,442 crore, a marginal increase of 1 per cent over the same quarter last year Cholamandalam Investment and Finance Company Ltd (CIFCL) on Thursday reported a 20 per cent increase in standalone operating revenue, to ₹7,469 crore, for the quarter ended September 2025 (Q2FY26). Net profit grew 20 percent […]

RBI to put forward harmonized suitability criteria for business authorization for UCBs

Business authorization relates to the expansion of the business area and the opening of a new business place, including | Photocredit: Dhiraj Singh The reserve Bank of India said on Monday that it is planning to replace the financially healthy and well -managed (FSWM) standards for urban cooperative banks (UCBs) with harmonized criteria for company […]