Latest Updates Around The World
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 […]
IDBI Bank on Saturday reported a 1.4% rise in December standalone net profit at Rs 1,935 crore, compared to Rs 1,908 crore reported in the year-ago period. However, profit after tax fell 47% on a sequential basis, compared to Rs 3,627 crore in the second quarter of FY26.The lender earned an interest income of Rs […]
Prudent Corporate Advisory Services, a retail asset management service and a leading distributor of mutual funds, reported net profit up 4 per cent to ₹53 crore in the September quarter, compared to ₹51 crore in the same period last year. Revenue rose 12 percent to ₹320 crore (₹286 crore). Operating profit rose 5 percent to […]
The board will also consider approving the bank’s results for the quarter ending September 2025 RBL Bank’s board of directors will meet on October 18, 2025 to consider raising funds through issuance of equity or equity-linked instruments or securities, on a preferential issue basis or a private placement basis, according to a stock exchange filing. […]
