Investors relieved as RBI's proposed norms for NBFCs leave breathing space

New Delhi, Jan. 25 -- India's big non-banking finance companies (NBFCs) would soon have to meet stricter guidelines than their banking peers are subject to, leaving less elbow room to lend. The Reser... Read More

SBI Card shows asset quality turnaround in Q3 but investors need to watch growth

New Delhi, Jan. 22 -- SBI Card and Payments Services Ltd showed a remarkable recovery in asset quality for the December quarter. The company saw defaults reduce from the previous quarter even without ... Read More

SBI Life's Q3 shows improving profitability but growth yet to fully come back

New Delhi, Jan. 22 -- SBI Life Insurance Company Ltd's December quarter performance showed that the private sector insurer has managed to offset the impact of the pandemic on business growth to a larg... Read More

December quarter may cheer NBFCs, but true stress is yet to be revealed

NEW DELHI, Jan. 22 -- After a gruelling two quarters due to the pandemic, India's non-banking financial companies (NBFC) may find some succour in the December quarter because of proactive provisioning... Read More

HDFC earnings bring cheer, but its retail growth remains slow

NEW DELHI, Jan. 22 -- An Indian private sector bank that sidestepped the corporate bad loan deluge is now hoping to escape from the pandemic's hammer unscathed. So far, HDFC Bank has been succeeding i... Read More

As DHFL's fate gets sealed, Piramal must beware of buyer's remorse

NEW DELHI, Jan. 22 -- A year after it became the first financial company to undergo insolvency proceedings, Dewan Housing Finance Corp. Ltd (DHFL) is finally inching towards closure with Piramal Enter... Read More

HDFC AMC puts up a tepid show for investors in December quarter

MUMBAI, Jan. 21 -- Shares of HDFC Asset Management Company Ltd have underperformed the broader market despite the 32% rise over the past two months. The company's December quarter performance didn't s... Read More

Gold loans boost Federal Bank's Q3; stress seems under control

New Delhi, Jan. 21 -- Kerala-headquartered Federal Bank Ltd's December quarter metrics ticked all the right boxes and investors rewarded the performance by driving up shares on Wednesday. The private ... Read More

Bandhan Bank shows rise in stress as Assam, pandemic scar loan book

New Delhi, Jan. 21 -- India's youngest lender Bandhan Bank showed the scars of a change in state rules and a challenging pandemic. Repayments from small borrowers floundered and stress on the balance ... Read More

Bajaj Finance sharpens focus on payments; Q3 shows rise in stress

New Delhi, Jan. 20 -- Consumer lender Bajaj Finance is ready to flex its muscles in the payments market. This has the potential to turn up the heat on a host of fintech players, especially at a time w... Read More