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AU Small Finance Bank collaborates with Intellect to accelerate its AI-first banking transition
AU Small Finance Bank (AU SFB) announced its collaboration with Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, adopting its Purple Fabric platform, the world's first Open Business Impact AI platform. Through this collaboration, AU SFB aims to accelerate its journey towards becoming an AI-first bank and build a scalable, technology-led banking franchise powered by enterprise-wide intelligence.
Indian firms turn to floating-rate debt as interest rate hikes loom
Indian firms shift to floating rate bonds as rate hike bets rise, ICICI Home Finance, Tata Capital, Mahindra and Mahindra Financial Services and HDB plan ₹85.50 billion in issues.
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.
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.
CBI raids multiple locations in Haryana bank scam probe, seizes digital evidence
The Central Bureau of Investigation has conducted searches in Chandigarh and Panchkula concerning a Haryana bank scam. Financial records and digital evidence were seized. Officials from IDFC First Bank and AU Small Finance Bank allegedly colluded with Haryana government public servants to misappropriate funds. Sixteen individuals have been arrested as the investigation is expedited.
TVS Group eyes stake in Jana Small Finance Bank through preferential route: Exclusive
CNBC-TV18 had first reported on May 6 in its D-Street Chatter segment that Jana Small Finance Bank was evaluating a potential capital raise. CNBC-TV18 has reached out to both Jana Small Finance Bank and the TVS Group for a comment. While Jana SF did not offer any comment on the story and TVS Group's response is awaited.
Shivalik Small Bank closes in on ManiBhavnam Home Finance
Shivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Companies. The deal comprises share swaps and a cash payment, people familiar with the matter said.
Shivalik Small Bank closes in on ManiBhavnam Home Finance
Shivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Companies. The deal comprises share swaps and a cash payment, people familiar with the matter said.
Better home & finance COO Smith sells $74,054 in shares - Investing.com India
Better home & finance COO Smith sells $74,054 in sharesInvesting.com India
Swiggy Q4 Results: Loss narrows to Rs 800 crore, revenue surges 45% YoY
Swiggy Q4 Results: Swiggy significantly narrowed its losses to Rs 800 crore in Q4 FY26, driven by a 45% revenue surge and the food delivery business's strongest growth in 15 quarters. The quick commerce arm, Instamart, also saw substantial GOV growth, with unit economics improving, while the out-of-home business achieved its first full year of profitability.
Home First Finance Company India standalone net profit rises 42.75% in the March 2026 quarter
Sales rise 20.82% to Rs 499.39 crore
Home First Finance profit surges 43% on strong AUM growth
Home First Finance reported a 43% rise in Q4 profit to Rs 150 crore driven by strong business expansion and 25% AUM growth. Operating profit and income also rose sharply, while asset quality remained stable and dividend payout was increased significantly