Loan disbursements rose 23 percent quarter-on-quarter to ₹1,594 crore, the highest in the last five quarters The focus on strengthening portfolio quality and pursuing calibrated growth in a dynamic operating environment has helped microfinance company Fusion Finance return to profitability. The Warburg Pincus-backed company also improved margins and collection efficiency in the December quarter. Asset […]
Private loans made up 55% of customer assets, corporate loans made up 34%, while commercial loans made up the rest Private sector lender Federal Bank on Friday reported a 9 per cent year-on-year increase in net profit for the quarter ended December at ₹1,041 crore, led by steady growth in core income and asset quality. […]
Source: FPAI With FPAI asking the AIFF for representation at its General Meeting on December 20, the AIFF has instead decided to form its own players, coaches and referees associations and has invited applications. The Football Players Association of India (FPAI), founded in 2006 in Kolkata, currently represents 550 players, coaches etc. and has asked […]
November 12, 2025 Image source: Gemini AI Any monkey can beat the market…claimed an article Forbes in 2012. The publisher cited findings from a report by Research Affiliates. The latter randomly selected 100 portfolios with 30 stocks from a universe of 1,000 stocks. The quirky thing here was that the wallets were selected by monkeys. […]
Karnataka Bank CEO and MD Raghavenendra Bhat Karnataka Bank will focus on the increasing credit deposit (CD) ratio up to 80 percent in March 2027, according to Raghavenendra Bhat, director and chief executive director of the bank. In response to questions from shareholders in the 101st annual General Meeting (AGM) on Tuesday, he said that […]
Bogen business models undergo a makeover over With stress in the company book of the lenders who come down, Asset Reconstruction Companies (ARCS) will make their activities for acquiring and resolving stressed shopping. This step is awaiting the wrinkle effect that acid loans in the uncovered personal loan portfolio can have on the secure loan […]
The NPAs of the bank fell year after year. | Photocredit: The Hindu City Union Bank reported an increase of 16 percent in net profit on Thursday at £ 306 crore for the quarter that ended on 30 June 2025 (Q1 FY26). For the first time in its history, the bank of the private sector […]