Category: Company Specific News
IndusInd Bank to rebuild senior management team in 6 months: MD & CEO
Clipped from: https://www.business-standard.com/companies/people/indusind-bank-to-rebuild-senior-management-team-in-6-months-md-ceo-125101900778_1.html IndusInd Bank CEO Rajiv Anand outlines three-year plan to boost deposits, expand MSME and retail lending, stabilise microfinance, and strengthen senior management Rajiv
***SBI credit card protection cover to cost less, new benefits kick in Sept 16 | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/sbi-credit-card-protection-cover-to-cost-less-new-benefits-kick-in-sept-16-125082600666_1.html Cardholders to pay less for SBI’s protection plan from September, as CPP variants get revised fees without losing key fraud cover and emergency
Star Health Insurance Q1 net dips 17% at ₹262 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/star-health-insurance-q1-net-dips-17-at-262-crore/article69870557.ece Star Health Insurance recorded a gross written premium (GWP) of ₹3,936 crore, a 13 per cent year-on-year growth Anand Roy, MD and CEO,
Kolte-Patil Developers suffers Rs 17 crore loss in Q1 FY26, sales dip | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/kolte-patil-developers-incurs-loss-of-rs-17-crore-in-q1-fy26-125072901176_1.html Kolte-Patil Developers reports a Rs 16.99 crore loss in Q1 FY26, with a 75% YoY revenue decline; Blackstone’s entry into the company marks
*SBI Card misses quarterly profit estimates as write-offs surge 32% | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/sbi-card-misses-quarterly-profit-estimates-as-write-offs-surge-32-125072501241_1.html The company said gross write-offs jumped 32 per cent from a year earlier to 12.80 billion rupees The country’s lenders are grappling with
*SBI Card to discontinue Rs 1 cr air insurance on these cards: Check list | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/sbi-card-to-discontinue-rs-1-cr-air-insurance-on-these-cards-check-list-125072500816_1.html Complimentary benefit ends on August 11; SBI Card customers are advised to check new terms SBI CARD LOGO Listen to This Article SBI
Kolte-Patil Developers Q1 pre-sales dip 13% to ₹616 cr on lower volumes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/kolte-patil-developers-q1-pre-sales-dip-13-to-616-cr-on-lower-volumes/article69803898.ece The company informed that its sales volume in April-June FY26 fell 12.5% to 0.84 million square feet from 0.96 million square feet in
Regret not insuring MFI business from start: IDFC Bank CEO Vaidyanathan | People – Business Standard
Clipped from: https://www.business-standard.com/companies/people/vaidyanathan-regrets-not-insuring-mfi-portfolio-idfc-first-bank-fy25-125070901090_1.html IDFC First Bank chief says not insuring the microfinance portfolio earlier worsened FY25 losses but confirms that 66 per cent of the book
Lilavati Trust’s allegations against MD & CEO Jagdishan baseless: HDFC Bank | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/lilavati-trust-s-allegations-against-md-ceo-jagdishan-baseless-hdfc-bank-125060800149_1.html Lilavati Trust alleges HDFC Bank CEO Jagdishan took ₹2.05 crore in unaccounted cash from former hospital trustees to harass the father of a
ICICI Bank ends PayLater on UPI: Here’s what’s changing for users now | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/icici-bank-ends-paylater-on-upi-here-s-what-s-changing-for-users-now-125052600497_1.html ICICI Bank has discontinued its PayLater credit line on UPI for all users. Existing dues must be paid, but other banking services stay
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