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Small-cap NBFC stock Aye Finance rises 5% after IIFL Capital initiates coverage with 'buy'
Aye Finance shares surged 5% as brokerage IIFL Capital initiated coverage with a 'buy' rating, predicting a 40% upside potential. The small-cap stock has been witnessing healthy buying interest recently.
TVS VENU to acquire minor stake in Jana Small Finance Bank
TVS VENU has agreed to acquire a minority stake in Jana Small Finance Bank through a combination of primary issuance of warrants and a secondary purchase for an equity ownership of up to 9.9% on a fully diluted basis, which includes 4.9% to be owned by TVS Motor Company, subject to all applicable approvals.
7 large-cap stocks post highest quarterly profits in 10 quarters
Several NSE large-cap companies reported record March 2026 quarterly profits, surpassing previous ten-quarter highs by over 25%. Strong operational performance, improved fundamentals, and favorable market conditions boosted earnings for firms including ABB India, JSW Steel, ICICI Bank, Bajaj Finance, Tata Motors, and Muthoot Finance.
TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance Bank
Jana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Group taking a 9.9% stake on a fully diluted basis. The bank is planning to upgrade to a universal bank, having reapplied for a license after an initial rejection.
Jana Small Finance Bank approves ₹728 crore fund raise via preferential issue; Check list of investors
Jana Small Finance Bank has also separately approved raising up to ₹500 crore through a private placement of rated, listed, unsecured, subordinated, redeemable non-convertible debentures classified as Lower Tier II Capital under Basel II norms.
Market Cap Of Nine Of Top 10 Valued Firms Erodes By Rs 3.12 Lakh Cr; Reliance Biggest Laggard
Reliance Industries remained the most valued firm followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, Hindustan Unilever and LIC.
Assam CM Inaugurates India's 'First AI And Digital-Powered' Bank Branch In Guwahati
Assam CM Himanta Sarma addresses the inauguration of Slice Small Finance Bank, at GS Road, in Guwahati.
ICICI Bank, Bajaj Finance to SBI: Axis Securities picks top banking, NBFC stocks to buy post Q4 results 2026 - Mint
ICICI Bank, Bajaj Finance to SBI: Axis Securities picks top banking, NBFC stocks to buy post Q4 results 2026Mint
TVS, other investors keen to buy into Jana Small Finance Bank
Jana Small Finance Bank is poised for a significant capital infusion. The TVS Venu Group plans to acquire a 10% stake. Several other investors are also lining up to invest. This marks Jana's first equity raise since going public. The bank's capital adequacy ratio remains strong. TPG Capital may partially reduce its holding.
Finance Ministry clears Emirates NBD’s RBL Bank acquisition
Emirates NBD has received the Government of India’s approval to acquire up to a 74% stake in RBL Bank, marking a key milestone for one of the largest foreign investments in an Indian lender.
RBL Bank Stake Sale: Finance Ministry Gives Go-Ahead To Emirates NBD For Acquisition
Emirates NBD, one of the largest banks in the middle east, will acquire up to 74% stake in RBL.
RBI imposes penalty on IIFL Finance
The Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Technologies faces a Rs 5.8 lakh penalty for KYC and PPI rule violations. These actions stem from regulatory compliance deficiencies identified during inspections. The RBI's move highlights its commitment to enforcing financial regulations.