The platform brings strategy discovery, customisation, automated execution and trade monitoring into a single interface. users can explore available strategies, review their objectives, risk profile and margin requirements, and choose to subscribe based on their individual preferences and risk considerations.

For users looking to build their own strategies, the platform offers a strategy builder with configurable indicators, entry and exit conditions, execution parameters and position sizing. Users can define parameters such as trading direction, operating hours and trading days, and configure target, stop-loss and trailing stop-loss mechanisms in line with their strategy requirements.

Risk management is integrated into the platform through configurable controls at both strategy and account levels. Users can set maximum profit and loss thresholds, limit the number of trades for a strategy, and pause individual strategies or stop algorithmic trading through a dedicated stop control. The platform also provides a consolidated view of open positions, pending orders, trade history, execution details and strategy signals, enabling users to monitor activity and execution status.

Ready-made strategies include exchange-registered black-box strategies offered by SEBI-registered Research Analysts, while customised strategies are built using exchange-registered white-box indicators. Strategy information, applicable disclosures and consent requirements are presented as part of the subscription process.

Commenting on the launch, Anurag Misra, Chief Technology Officer, Bajaj Financial Securities Limited, said, "With this launch, we are expanding the range of tools available to users to participate in the markets with greater flexibility and control. By bringing ready-made strategies and custom strategy-building capabilities alongside risk management and trade monitoring, we aim to make rule-based trading more accessible, with clear visibility of their strategies' activity and execution. Our focus remains on building technology-led solutions with transparency and informed decision-making at the core of the experience."

The launch marks another step in Bajaj Broking's continued investment in its digital trading capabilities, supporting a more structured approach to market participation.

Highlights of L&T Finance Ltd.'s financial performance in Q2FY27

L&T Finance continues to advance its Lakshya 2031 ambition of becoming a risk-first, technology-first and AI-native retail financial services institution. The Company is embedding intelligence across customer acquisition, underwriting, portfolio management, servicing and cross-selling.

In Q2FY27, the Company’s flagship PLANET app reinforced its status as a core digital engine for the Company - surpassing 2.7 crore downloads. The application now services 94% of the total service requests generated by its customers, and has driven collections of Rs. 2,168 Crore during the quarter, coupled with a business generating of Rs. 5,934 Crore in business.

Further strengthening its rural reach, PLANET app introduced a dedicated rural interface with a clear, intuitive and clutter-free UI, offering multilingual capabilities, including Hindi. This enables rural customers to navigate the app more easily, access services in a familiar language and complete transactions with greater convenience and confidence.

The Company’s Partner PLANET app has emerged as a dedicated digital platform designed to strengthen engagement with its dealer network by bringing key business information, retail performance insights and operational services onto a single interface. The platform enables dealers to access business metrics, monitor retail performance, manage Trade Advance requirements and track operational requests, enhancing transparency, convenience, and efficiency across the dealer ecosystem.

Commenting on the financial results Mr. Sudipta Roy, Managing Director & CEO, LTF, said, "Q2FY27 has been yet another strong quarter for L&T Finance with strong delivery across all business parameters, laying a solid foundation for our Lakshya 2031 journey with a sustained business momentum. These outcomes reflect the strength of our diversified retail franchise, the discipline of our execution and our continued focus on delivering sustainable, risk-calibrated growth. Despite uncertainties in the macroeconomic environment, inflation pressures, and seasonal headwinds, our resilient business model enabled us to navigate these macro dynamics effectively while expanding key focus verticals like Gold Finance, Micro Loan Against Property, Personal Loans, and Two-Wheeler Finance. Our approach will continue to be guided by disciplined underwriting, strengthened risk guardrails, granular portfolio monitoring and a strong collections framework. We believe that responsible growth and superior portfolio quality must go hand in hand.

As we progress on our Lakshya 2031 journey, we remain focused on strengthening our granular distribution channels, expanding our branch footprint and enhancing our digital acquisition capabilities. Our investments in artificial intelligence, particularly through our AI-powered credit administration and portfolio management frameworks are expected to further enhance credit decision-making, identify early warning signals and drive greater operational efficiency. These capabilities will help us build a more agile, scalable and resilient organisation.

Our priority remains to sustain profitable growth, improve returns and strengthen the quality of our franchise. We are confident that our investments in technology, distribution and risk management will help us navigate evolving market conditions while progressing towards our long-term strategic ambitions.”

Key Highlights:

Building a diversified retail franchise:

Retail disbursements for Q2FY27 stand at Rs. 24,027 Crore vs. Rs. 18,883 Crore in Q2FY26, a growth of 27% YoY. The Retail Book size for Q2FY27 stands at Rs. 1,34,600 Crore vs. Rs. 1,04,607 Crore in Q2FY26, registering a growth of 29% YoY. Growth was driven by all business segments across rural and urban geographies with a focus on high yielding loan products.

Rural Business Finance:

• Book size up 22% YoY to Rs. 33,465 Crore vs. Rs. 27,460 Crore in the quarter ended September 30, 2025 (Q2FY26)

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 6,356 Crore vs. Rs. 6,316 Crore, up 1% YoY

Farmer Finance:

• Book size up 9% YoY to Rs. 17,397 Crore vs. Rs. 15,943 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 1,643 Crore vs. Rs. 1,654 Crore, down 1% YoY

Two-wheeler Finance:

• Book size up 24% YoY to Rs. 16,158 Crore vs. Rs. 13,013 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 3,170 Crore vs. Rs. 2,512 Crore, up 26% YoY

Personal Loans:

• Book size up 72% YoY to Rs. 18,664 Crore vs. Rs. 10,878 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 4,233 Crore vs. Rs. 2,918 Crore, up 45% YoY

• Partnered with Pine Labs to introduce Agentic Commerce and Payments on L&T Finance PLANET App

Housing Loans and Loan Against Property (LAP):

• Book size up 20% YoY to Rs. 32,846 Crore vs. Rs. 27,407 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 2,926 Crore vs. Rs. 2,713 Crore, up 8% YoY

SME Finance:

• Book size up 27% YoY to Rs. 9,495 Crore vs. Rs. 7,465 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 1,820 Crore vs. Rs. 1,468 Crore, up 24% YoY

Gold Finance:

• Book size up 242% YoY to Rs. 5,043 Crore vs. Rs. 1,475 Crore in Q2FY26

• Quarterly disbursements for the quarter ended September 30, 2026, at Rs. 3,237 Crore vs. Rs. 983 Crore, up 229% YoY

• Launched an integrated marketing campaign featuring brand ambassador Jasprit Bumrah under the tagline "Koi Bhi Sapna Hold Mat Karo, L&T Finance Gold Loan Karo," covering key markets across eight states and one union territory, and reaching consumers through approximately 150 LTF branches

About L&T Finance Ltd. (LTF)

L&T Finance Ltd. (LTF) ( www.LTFINANCE.com ), is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ — the highest credit rating — by four leading domestic rating agencies. LTF is also rated by International Rating Agencies. S&P Global Ratings has affirmed LTF with long-term Issuer Credit Rating at “BBB/Stable” and short-term issuer credit rating at “A-2”. Fitch Ratings has affirmed LTF Long-Term Foreign and Local-Currency Issuer Default Ratings of “BBB-” with a Stable outlook. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on transforming into a Risk-first, Technology-first, AI-native Retail financial services institution as part of the Lakshya 2031 plan. The Company has over 3 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

Tamchy SFIT Named Asia-Pacific's Top Rising Star in fDi's Global Free Zones of the Year Awards 2026 

The judging panel highly praised Tamchy SFIT’s long-term strategy for attracting residents across its priority sectors. The judges also highlighted the jurisdiction’s extensive package of business incentives, including a zero corporate income tax rate for 49 years and unrestricted profit repatriation.

fDi Intelligence is the Financial Times’ specialist division for foreign direct investment (FDI). Its annual Global Free Zones of the Year Awards benchmark free zones around the world across a number of key categories.

The Rising Star category, in particular, recognises the strongest newly established zones, judged on their potential, early evidence of investor interest and the strategic advantages they offer investors.

Ayaz Baetov, First Deputy Chairman of Tamchy SFIT’s Management Council, welcomed the recognition as a significant milestone for the project.

“Being ranked first in Asia-Pacific and second globally so early in Tamchy SFIT’s development is an important international endorsement of our vision. We are creating a next-generation financial jurisdiction that combines the certainty of established international legal practices with the speed, flexibility and digital infrastructure that global businesses increasingly expect,” Baetov said.

Established by law in July 2025, Tamchy SFIT was formally inaugurated by Kyrgyz President Sadyr Japarov on 3 July 2026, less than a year later. Built from the ground up, the jurisdiction operates on the principles of English common law, with its own financial regulator, an International Dispute Resolution Centre and a single-window digital registrar. A special tax regime guarantees a 0% rate on profits, dividends, capital gains and VAT for 49 years, and allows 100% foreign ownership. The model is designed to accommodate a wide range of businesses, from funds, family offices and holding companies to international trading firms, fintech businesses and other innovation-driven enterprises.

The 6,000-hectare territory on the shores of Lake Issyk-Kul is being developed as an integrated ecosystem that brings together business, living and wellness. A Grade A business centre is already operational, offering modern office spaces and meeting facilities. Issyk-Kul International Airport is within walking distance of the business district. Five more buildings, including a second business centre for residents and two office buildings, are expected to be completed by the end of 2026.

The first residents that registered at Tamchy SFIT at its launch included companies from Switzerland, South Korea, Hong Kong, Kazakhstan and the United Arab Emirates. More than 30 further companies are currently completing registration, fully benefitting from the digital one-stop-shop system.

About Tamchy SFIT

Tamchy Special Financial Investment Territory (SFIT) is a new international financial jurisdiction on the shores of Lake Issyk-Kul in the Kyrgyz Republic, inaugurated in July 2026. Built on the principles of English common law, with its own financial regulator, an independent court and a digital one-stop shop, it offers a special tax regime for 49 years and 100% foreign ownership. Positioned at the intersection of the five EAEU economies and the Eurasian corridor, Tamchy SFIT aims to host around 4,000 resident companies and create more than 10,000 jobs by 2035.

MoneyTruVa brings together financial information that is scattered across exchange filings, media and social platforms, and presents it in a structured format with context. It aims to bring together investors and stakeholders across the financial ecosystem, enabling them to discover information, understand it and make better-informed decisions. The platform is designed to bring greater clarity to an information landscape that is often fragmented across multiple sources and formats.
 

Jigish Sonagara, Founder and CEO of MoneyTruVa
 

India's investor base has crossed 13 crore unique accounts, supported by progressive regulation, robust market infrastructure, exchanges, intermediaries and listed companies. As participation continues to broaden and deepen across the country, one of the most important enablers for the next phase of growth will be access to structured financial information that empowers investors to make smarter decisions. MoneyTruVa aims to address this need by transforming fragmented financial information into a structured, accessible and decision-oriented experience for investors.
 

The platform will be unveiled at an invite-only event in Mumbai on 22 October 2026, and will be open for public pre-registration.
 

MoneyTruVa's shareholder base includes prominent names from India's financial ecosystem, as well as leading business and finance educators and thought leaders, who share the company's vision of democratising financial information and knowledge for investors across India.
 

Shareholders from India's financial ecosystem include Sunil Singhania (lead investor, investing in his personal capacity), along with Abhijit Bhave – Former CEO, Equirus Wealth; Ajay Thakur – CEO TGIsmE, Former Head of BSE SME; Amar K. Ambani – Executive Director, Yes Securities; Dhiren Shah – MD, Moneybee Securities; Jayesh Parmar – Managing Partner, Mudita Growth Partner; Kirtan Shah – Founder & CEO, Truvanta Wealth; Kunal Bothra – Market Expert, SEBI Registered Research Analyst, Trainer, Mentor; Rakesh Rathod – Evangelist, smallcase / CASE Platforms; Vikram Kotak – Investor, Former CIO Birla Sun Life Insurance; Vinit Jain – Co-founder, Promore AIF and Broking and others.
 

The shareholder base also includes leading business and finance educators, entrepreneurs and thought leaders, including Raj Shamani – Entrepreneur, Investor, Author and Founder – Figuring Out Media; Anant Ladha – Creator; Avanne Dubash – Former Anchor ET Now; Dr. Sanjay Arora – Brand Consultant, Author, Founder - Shells Advertising; Karunya Puligadda – Co-founder Cogent Media Labs, Former Anchor & Research Analyst ET Now, News Editor Moneycontrol; Kushal Lodha – Entrepreneur, Finance Podcaster; Mubina Kapasi - Co-founder Cogent Media Labs, Former Anchor & Research Analyst - ET Now; Rahul Malodia – Founder Malodia Business Coaching; Sanjay Kathuria – Financial Educator, Entrepreneur; Sonia Shenoy – Independent Business Journalist, Podcaster, former Anchor CNBC and others.
 

All shareholders named above have invested in their personal capacity; their investment does not represent an endorsement by, or an association with, any organisation with which they are connected.
 

Jigish Sonagara, Founder and CEO of MoneyTruVa, said, “We are deeply grateful for the trust and support of some of the most respected names across India's financial and business ecosystem. Our vision is to democratise access to financial information and knowledge and make it more useful and accessible to every investor, irrespective of their investment journey, location, size of investment or level of knowledge of financial markets. We believe better access to relevant information can play an important role in deepening participation in India's financial markets and contributing to greater financial inclusion. This is just the beginning, and we are excited about the journey ahead.”

About MoneyTruVa

MoneyTruVa is building India's first Structured Financial Information Platform for Smarter Decisions, designed to bring financial information together in a structured and accessible format to help investors discover, understand and make better-informed decisions.

Founded by Jigish Sonagara, who has led technology initiatives for financial market institutions including MCX, IEX and MSE, and has been involved in the conceptualisation of technology platforms spanning exchange systems, risk management, surveillance, market infrastructure and MSME finance. The company also has Sameer Vasani on its Board. Sameer is a TOGAF-certified enterprise architect with extensive expertise in enterprise technology architecture, trading systems and large-scale digital infrastructure.
 

MoneyTruVa's vision is to democratise access to financial information and knowledge and make it more structured, accessible and useful for investors across India.
 

For more information, please visit website www.moneytruva.com.

Despite global macroeconomic uncertainties and heightened competition in the ECB market from FCNR (B) deposits mobilisation, the syndication transaction received strong response coupled with competitive loan pricing and secured participation from ten financial institutions across Asia and the Middle East & Africa regions. In addition to the anchor contributions from Standard Chartered Bank (Singapore) and DBS Bank (GIFT City), other participants included Commercial Bank of Ceylon PLC (Sri Lanka), The Korea Development Bank (South Korea), Sampath Bank PLC (Sri Lanka), SBI (Mauritius) Ltd, BCP Bank (Mauritius) Ltd., Al Masraf (UAE), The National Bank of Ras Al Khaimah (P.S.C.) (UAE), and KEXIM Asia Ltd. (Hong Kong).

The transaction reflects the continued confidence of international lenders in CA Grameen’s business model and corporate governance standards. This marks the fifth ECB syndication transaction successfully completed by CA Grameen over the past five years, mobilising USD 640 million till date. The Company currently holds around 24% of its liability profile in foreign borrowings, building a strong lender base across 15 countries.

Over the past decade, CA Grameen has been continuously working towards diversification of its liability franchise beyond traditional bank borrowings, building presence in domestic debt capital market and expanding outreach in global loan market leveraging its strong ESG credentials. During FY27, the Company has also mobilised INR 940 crore through multiple private placements of non-convertible debentures (NCDs), with pricing broadly in line with its average cost of borrowings.

Commenting on the transaction, Mr. Nilesh Dalvi, Chief Financial Officer, CreditAccess Grameen, remarked, “The successful closure of the USD 175 million facility at competitive pricing, amidst global macroeconomic uncertainties and heightened competition from FCNR(B) deposits mobilisation, demonstrates the strength of CA Grameen franchise and the confidence we have earned from international lenders. The CA Grameen brand rests on a proven performance track record, strong corporate governance standards, deep customer relationships across India’s hinterland and disciplined risk management. As we diversify our sources of funding, our focus remains on optimising funding costs, maintaining a robust asset-liability management (ALM) profile and strengthening balance sheet resilience to support sustainable growth and our long-term commitment to financial inclusion.”

About CreditAccess Grameen Limited

CreditAccess Grameen Limited is India’s leading rural focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 457 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,276 branches. The Company’s Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors.

For more information, please contact:

Sahib Sharma

DGM – Investor Relations & Strategy

CreditAccess Grameen Ltd

sahib.sharma@cagrameen.in

Hatsun Agro Product Ltd. Partners With Government of Odisha and State Bank of India to Launch ‘Go-Dhan’ to Empower Dairy Farmers

The initiative was formally launched at a ceremony held at the OUAT Auditorium, Bhubaneswar, in the presence of distinguished representatives from the Government of Odisha, banking and the dairy sector, including Sri Prem Chand Chaudhary, Secretary, Department of Fisheries & Animal Resources Development, Government of Odisha, as Chief Guest; Sri Shubhranshu, Managing Director, APICOL, as Guest of Honour; Sri Rakesh Kumar Yadav, Chief General Manager, State Bank of India; and Mr. R. G. Chandramogan, Chairman, Hatsun Agro Product Ltd. The gathering brought together key stakeholders from across the dairy, financial and government sectors, reflecting a shared commitment to strengthening farmer livelihoods and supporting the continued growth of Odisha’s dairy economy.

Go-Dhan is expected to benefit 6000 dairy farmers across 15 districts of Odisha, providing them with greater access to institutional finance and relevant government support to invest in areas such as quality bovine breeds, improved cattle housing, farm mechanisation, nutrition and herd health. The initiative also seeks to leverage government subsidy schemes, including the Mukhyamantri Krushi Udyog Yojana (MKUY), to help participating farmers access more affordable capital for strengthening and expanding their dairy operations. With dairy farming serving as an important source of livelihood for rural households, the initiative is designed to address key requirements for sustainable dairy development, including access to finance, scientific farm management and productivity enhancement.

Commenting on the launch, Mr. R. G. Chandramogan, Chairman, Hatsun Agro Product Ltd., said, "At Hatsun Agro Product Ltd., we have played a significant role in the development of the dairy sector and animal husbandry across South India for decades. Our journey has always been guided by the belief that the prosperity of dairy farmers is the foundation of a strong and sustainable dairy industry."

"Through the Go-Dhan initiative, we aim to support the establishment of more than 6,000 dairy farms, over the next three years in a phased manner. This initiative is designed to improve farmer incomes, encourage scientific dairy farming, and create a sustainable dairy ecosystem in Odisha."

"We are deeply grateful to our partners in this journey—the dairy farmers of Odisha, the Department of Animal Husbandry, Government of Odisha, APICOL and the State Bank of India. Their support and collaboration have made this initiative possible. Together, we are committed to transforming Odisha into a dairy-rich state while creating better opportunities, higher incomes, and long-term prosperity for its farming community."

"Hatsun Agro's focus has always been on dairy farming, a key component of secondary agriculture. Strengthening dairy farming creates a positive impact on primary agriculture by providing farmers with a stable and progressive source of income. Through this initiative, we envision building a strong dairy value chain in Odisha, unlocking the state's agricultural potential while creating long-term prosperity for its farming community. Our objective is to produce and procure milk within Odisha, creating value for local farmers while meeting consumer demand not only in Odisha but also for export to the neighbouring markets such as West Bengal, North Andhra Pradesh, and other nearby states. This initiative will strengthen the regional dairy economy and create sustainable growth opportunities for everyone involved."

About Hatsun Agro Product Ltd.

Hatsun Agro Product Ltd. (HAP) Is a leading private sector dairy player in India. HAP procures milk from select fine quality cattle collected directly from over 5,00,000 farmers, chosen with care. HAP follows quality standards certified by the prestigious ISO 22000. HAP’s portfolio includes. Arun Icecreams – South India’s leading ice cream brand, Arokya Milk & Milk products – the country’s largest private sector milk brand, Hatsun Dairy Products –a rapidly growing, wide portfolio brand of dairy products, ibaco – Premium chain of ice cream outlets enabling consumers create their own ice cream sundaes., HAP Daily - With 4200+ outlets, HAP Daily has expanded its reach in traditionally strong markets like Tamil Nadu, Pondicherry, Karnataka, Andhra Pradesh, and Telangana, and has started to make inroads into Maharashtra, Kerala, Orissa, Goa, Chhattisgarh, Madhya Pradesh, West Bengal, Jharkhand, Gujarat, Andamans, Chandigarh and Bihar. HAP Daily products are distributed to kirana stores, premium supermarkets and other retail outlets through various distribution channels. This increases availability and expands the brand’s reach to a wider consumer base. Hanobar – A range of coco confectionaries infused with nuts, ganache and fruit fillings, every bite is an exquisite mouthfeel, giving an indulgent experience like none other. Havia - Premium chocolates have been made to make each of these moments memorable by gifting the special one’s with a box of indulgence & Santosa is an in-house brand for cattle feed and cattle care. Aniva - a range of deliciously flavoured whey drinks.

Bajaj Finance Personal Loan
 

The calculator helps borrowers compare different repayment scenarios before applying. A longer tenure may reduce the monthly EMI but can increase the total interest payable. A shorter tenure may increase the monthly EMI while potentially reducing the overall interest cost.
 

Flexible loan amounts and tenures support varied borrowing requirements

The Bajaj Finance Personal Loan provides access to amounts ranging from Rs. 40,000 to Rs. 55 lakh. This gives customers the flexibility to align the loan amount with their actual funding requirement instead of borrowing more than necessary.
 

Repayment tenure ranges from 12 months to 108 months. This allows customers to choose a repayment period that better suits their monthly budget and repayment capacity.
 

The applicable interest rate directly affects both the EMI and total interest payable. A higher rate can increase the monthly repayment and overall borrowing cost, while a lower rate can reduce the repayment burden, subject to the applicable loan offer.
 

Customers should therefore assess the loan amount, interest rate, and tenure together before deciding on a repayment structure.
 

How do Bajaj Finance Personal Loan rates affect EMI?

The applicable interest rate directly affects the estimated EMI and total interest payable. The Bajaj Finance Personal Loan interest rate ranges from 10% to 30.5% per annum. Borrowers can enter the applicable rate in the EMI calculator to estimate the repayment for a proposed loan amount and tenure.
 

A higher interest rate can increase both the monthly EMI and the total interest cost. Borrowers should therefore consider the applicable rate along with the loan amount and repayment period. The final interest rate offered to an applicant is subject to the lender's assessment, eligibility and applicable terms.
 

How does the loan amount affect monthly repayment?

A higher loan amount generally results in a higher EMI when the interest rate and tenure remain unchanged. Borrowers can use the personal loan EMI calculator to compare different loan amounts before deciding how much to borrow.
 

Borrowing only the amount required can also help borrowers assess the repayment commitment against their income and existing financial obligations.
 

How does tenure change the EMI and total interest?

A longer tenure spreads the repayment across more months. This can reduce the monthly EMI, but interest may be payable over a longer period. A shorter tenure can result in a higher monthly EMI. However, it may reduce the total period over which interest is charged.
 

Borrowers should therefore compare the monthly EMI with the total repayment amount when selecting a tenure.
 

How can the personal loan EMI calculator help plan repayments?

The personal loan EMI calculator provides an estimated monthly instalment based on the loan amount, interest rate and repayment tenure entered by the borrower.
 

Borrowers can adjust these inputs to compare different repayment options. For example, they can check how changing the tenure affects the monthly EMI for the same loan amount.
 

This comparison can help borrowers assess whether the estimated repayment fits within their monthly budget. The calculator result is an estimate and should not be treated as the final repayment obligation.
 

What factors affect Bajaj Finance Personal Loan eligibility?

The stated eligibility criteria include Indian nationality, an age of 21 to 80 years* and employment with a public-sector organisation, private-sector organisation or multinational company. Applicants can be salaried or self-employed.
 

A CIBIL Score of 650 or higher is also among the stated criteria. The applicant must be 80 years or younger at the end of the loan tenure.
 

Meeting the stated criteria does not guarantee approval. Borrowers can use the personal loan eligibility calculator to estimate the loan amount they may be eligible for based on the information provided.
 

However, the final loan offer remains subject to eligibility assessment, document verification and applicable terms.
 

What are the available personal loan variants?

Bajaj Finance offers three personal loan variants: Term Loan, Flexi Dropline Loan and Flexi Hybrid Loan. Each variant has a different repayment structure and Flexi facility.
 

• Term Loan: The full sanctioned loan amount is disbursed at once. You repay it through fixed EMIs covering principal and interest. No Flexi facility charges apply.

• Flexi Dropline Loan: You can withdraw from the sanctioned loan limit as required. Fixed EMIs cover the principal and interest on the withdrawn amount, subject to applicable terms and charges.

• Flexi Hybrid Loan: The initial tenure has interest-only EMIs on the withdrawn amount. The subsequent tenure has EMIs covering both principal and interest, subject to applicable terms and charges.
   

The choice of loan variant depends on the required borrowing pattern, repayment structure and applicable charges.
 

How can borrowers apply for the personal loan?

Borrowers can start the application process online through the Bajaj Finance website.
 

The process generally involves:

1. Check loan eligibility – Customers can visit the personal loan page on the Bajaj Finance website, enter the loan amount needed, select the repayment period, and click on "CHECK LOAN OFFER" to check loan eligibility.

2. Enter personal details – Customers need to provide personal, financial, and employment details to receive a personalised loan offer.

3. Review loan offer – Customers can check their offer details and adjust the loan amount or repayment tenure, if required.

4. Complete KYC verification – The loan applicant can verify their identity and bank details to proceed with their application.

5. Speak to a loan specialist – Once the loan application is submitted, an executive will contact the applicant with the next steps.

The application remains subject to eligibility and successful verification.
 

The stated disbursal timeline is within 24 hours*, subject to successful document verification and applicable terms. The 24-hour* timeline should not be treated as a guaranteed disbursal period. The actual timing depends on completion of the required verification and other applicable conditions.
 

Bajaj Finance Personal Loan supports planned borrowing and repayment assessment

The Bajaj Finance Personal Loan combines loan amounts from Rs. 40,000 to Rs. 55 lakh with repayment tenures of 12 to 108 months and interest rates ranging from 10% to 30.5% per annum.
 

Customers can use the personal loan EMI calculator to compare repayment scenarios before applying and assess how the selected loan amount, interest rate, and tenure may affect monthly repayments.
 

The final loan amount, applicable interest rate, and repayment terms remain subject to eligibility assessment, verification, and applicable terms.
 

*Terms and conditions apply.
 

*Disbursal within 24 hours is subject to successful document verification and applicable terms.
 

About Bajaj Finance Ltd.

Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., is a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL serves over 124.43 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations. As a FinAI company, BFL is focused on continuous innovation through smart use of technology, data and analytics to drive seamless, simplified and personalized experiences for its customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BBB/Stable and a short-term rating of A-2 by S&P Global ratings. It has been assigned a ‘Baa3 Corporate Family Rating’ with Stable outlook from Moody’s Rating.

Gold loans are rising rapidly in India as people unlock the value of their gold to fund education, healthcare, business and other financial needs

Gold loans are seeing rapid growth in India as there has been an increase in borrowers pledging jewellery to meet the funding requirements instead of selling it. The recent data reflects that this trend has accelerated in 2026.

Credit against jewellery by NBFCs, including housing finance companies, has increased to 68.5% year-on-year in July 2026 as compared to 43.9% in the previous year. Bank credit against gold jewellery also increased by 88.1% year-on-year.

At the end of July, outstanding gold-backed credit was around Rs. 3.54 lakh crore for NBFCs and Rs. 5.52 lakh crore for banks. Gold loans were also amongst the fastest-growing retail loan categories for NBFCs during the month.

Rising Gold Prices have Increased Borrowing Capacity
One of the major reasons behind the surge is the high increase in gold prices. Domestic gold prices were very high in 2026 compared to the previous year. During Q2 2026, India’s domestic gold price rose by 59% compared to the previous year, despite price easing from its earlier peaks. This played an important role in increasing the demand for gold loans.

The amount you can borrow against gold jewellery depends partly on the gold value and applicable loan-to-value (LTV) limit. With a rise in gold prices, you can get a loan of a higher amount with the same quantity of gold.

People Don’t have to Sell their Gold
Indian families are deeply connected to their gold jewellery due to its financial and emotional value.

By selling gold, you can get cash on an instant basis, but the asset is gone forever. A gold loan, however, works very differently. A borrower has to pledge the jewellery as collateral to get a loan. After the loan is repaid, the collateral is released and given back to the borrower.

This can make gold loans quite attractive when people need funds for short-term needs like medical emergencies, education, business needs, or any other large expenditures.

The trend is particularly notable as gold recycling has reduced despite being 60% higher YoY. Gold holders no longer want to sell their gold for cash and have increasingly opted for collateralised borrowing to monetise their holdings instead.

Gold Loans Are Secured
Another important reason for the growth in gold loans is their secured nature. A gold loan is backed by physical gold pledged with the lender. This is quite different from a personal loan where there is no asset involved.

Collateral gives extra security to lenders against probable repayment concerns. It also helps borrowers to get credit by using an asset they already own.

This is quite helpful for those individuals who don’t have a strong credit history or for those who find unsecured borrowing quite expensive.

Banks are Increasing their Presence
Gold lending was previously an important business for specialised NBFCs. But over time, things have changed, and now even banks are increasingly participating in this segment.

The recent data shows that bank lending against gold jewellery has increased very fast, with outstanding credit reaching approximately Rs. 5.52 lakh crore by July 2026.  Earlier, at the end of May 2026, the outstanding gold loans stood at around Rs. 5.1 lakh crore for banks, which reflected 105% YOY growth.

Unsecured Lending is Being Watched Closely
The rise in gold loans should also be viewed against the broader changes that are occurring in India’s retail credit market. The RBI has brought certain measures in recent years for strengthening risk management around unsecured consumer credit. As lenders start focusing on risks associated with unsecured borrowing, secured products can become an important part of their lending strategy.

This never means that people are not taking online loans or other unsecured credit. But the rise in gold loans shows that both lenders and borrowers are increasingly using existing assets to access funds.

RBI Has Standardised Gold Loan Rules
The rapid expansion in gold-backed lending has also been accompanied by a stronger regulatory framework. The RBI’s Lending Against Gold and Silver Collateral Directions, 2025 introduced standardised requirements that cover areas such as valuation, assaying, LTV limits and the release of pledged collateral.

For consumption loans, the framework permits maximum LTV ratios of:

• 85% for loans up to Rs. 2.5 lakh, up from the long-standing 75% cap.

• 80% for loans above Rs. 2.5 lakh and up to Rs. 5 lakh

• 75% for loans above Rs. 5 lakh

These requirements are intended to create greater consistency and transparency in gold-backed lending. For smaller borrowers and households in semi-urban and rural India, this is a direct lift in credit accessibility.

The Bigger Picture
The rapid rise in gold loans reflects the changing role of gold in Indian households. Gold is now not just considered an asset which is purchased, stored, and passed on to generations. It is also used as collateral to get access to formal credit.

With NBFC gold-backed lending rising 68.5% YOY in July 2026 and bank lending against gold jewellery also expanding rapidly, the importance of gold loans has increased in India’s retail credit market.

The underlying idea is simple: Instead of selling gold when cash is required, households can now use it as collateral to unlock liquidity while retaining the possibility of getting the jewellery back after repayment.

Aditya Birla Capital unveils ‘Agentic AI for Bharat’s BFSI: A Practitioner’s View’

Click here to download the whitepaper

The whitepaper presents a fundamental shift in financial inclusion, from providing access to the depth of offering. With access to financial services having expanded significantly, the next frontier lies in helping customers understand, adopt and appropriately use products that are relevant to their financial needs.

The whitepaper also explores how Agentic AI can make personalised guidance, engagement, onboarding and servicing more economically viable at scale, enabling financial institutions to reach wider customer segments and serve them better.

Mr. Pankaj Gadgil, MD & CEO, Aditya Birla Housing Finance Limited and Head, Digital Platforms and Payments Strategy, Aditya Birla Capital, said, “Our vision is to build a future-ready, scalable enterprise where intelligence, foresight, and customer-first approach drive decision making. Through our AI-first strategy, we are simplifying customer journeys, accelerating product innovation, automating underwriting, enhancing service delivery, and delivering greater operational efficiency. Responsible AI is a core enterprise capability for us to drive sustainable scale, trust, and resilience. As we evolve from individual AI use cases to enterprise-wide connected intelligence, robust governance, human accountability, and customer trust will remain fundamental to how we innovate, grow, and create long-term value for all stakeholders.”

Drawing from Aditya Birla Capital’s experience, the whitepaper presents eight areas of Agentic AI deployment across the enterprise, from orchestration of customer journeys, tele-sales and cross-sell, top-of-funnel engagement, customer service and retention, sales coaching, marketing and personalisation, software development, and audit, finance, investment and compliance. Several of these initiatives are already operating in production and demonstrate how AI can be embedded into end-to-end workflows rather than deployed as standalone point solutions.

Agentic AI in Action: Areas of Deployment at Aditya Birla Capital

A central proposition of the whitepaper is that the value of Agentic AI should be measured not just through efficiency gains, but through its ability to deepen financial participation and augment human capacity to potentially serve more customers. It examines what it takes to move from AI experimentation to responsible enterprise-scale deployment. It highlights the importance of trusted data, connected systems, workflow redesign, workforce readiness and clearly defined human decision rights. It also highlights responsible AI practices including traceability, monitoring, accountability, security and data protection by design.

At the Global Fintech Fest 2026, Aditya Birla Capital won the ‘Best Digital Transformation Program’ award under Excellence in Banking Technology for its use of Generative AI, intelligent automation and real-time data insights to streamline processes, enhance customer experience, and make finance simpler, smarter and more connected.

Through ‘Agentic AI for Bharat’s BFSI: A Practitioner’s View,’ Aditya Birla Capital brings together its experience and learnings from scaling AI across the enterprise, offering a practitioner’s perspective on how financial institutions can build the capabilities required to move from individual AI use cases to responsible, scalable deployment, with customer outcomes and human judgement at the core.

Aditya Birla Capital Limited and its subsidiaries/JVs provide a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 66,500 employees, the businesses of ABCL have a nationwide reach with over 1,759 branches and more than 200,000 agents/channel partners along with several bank partners. ABCL and its subsidiaries/JVs manage aggregate assets under management of about Rs. 7.53 Lakh Crore, and the consolidated lending book crossed Rs. 2.19 Lakh Crore as of June 30, 2026 www.adityabirlacapital.com.

Finnable appoints Mr. Sreeram Ranganathan Iyer as a Non-Executive Nominee Director on its Board, representing TVS Capital, an investor in the Company

TVS Shriram Growth Fund 3 and 4 (funds managed by TVS Capital) collectively invested Rs. 250 crore across two tranches in Finnable and the nomination of Sreeram Iyer is their commitment of capability capital to the investee companies.

With significant leadership experiences covering major markets like India, Singapore, Dubai, London, and Australia, Mr. Iyer’s expertise lies in digital transformation, adoption of new-age technologies, offshoring & governance in complex, and multi-cultural environments.

Other notable roles he has held include CEO of Scope International, Standard Chartered Bank's global shared services arm, and more recently as an Independent Director and board-committee leader across several Indian companies.

Mr. Iyer holds an MBA from Henley Business School, UK, and is a qualified Company Secretary, Chartered Financial Analyst, and Cost Accountant, with executive leadership training from MIT, London Business School, and INSEAD Singapore.

Why it matters

Iyer's appointment adds large-scale banking operations, digital transformation, and cross-border governance experience to Finnable's Board, strengthening the Company's capabilities as it scales its lending business.

“Sreeram brings exactly the kind of global banking scale and institution-building experience we need as we scale responsibly. His deep understanding of technology, governance and building high-performing institutions will be valuable as we strengthen our capabilities for the next phase of growth. His perspective, paired with TVS Capital’s continued partnership, gives us real confidence as we grow,” said Nitin Gupta, CEO, Finnable.

“I see real potential for Finnable to become one of India's top five, profitable, well-governed NBFCs. As we grow, I believe Technology, compliance, governance, risk management, and balanced people-practices are necessary conditions to support the growth and ambition of Finnable. It’s a privilege to represent TVS Capital and to serve on Finnable’s Board,” said Sreeram Iyer, Board Member, Finnable.

About Finnable Group

Finnable Group is on a mission to make credit simple, fast, and fair for people who've long been overlooked and underserved by traditional lenders. Founded by Nitin Gupta and Amit Kumar Arora, the Company has grown into a Rs. 4,000 crore AUM lending business as of June ‘26, built on the belief that access to credit shouldn't depend on who you know or where you bank.

The Group offers a range of lending products, including personal loans, loan against property (LAP), as well as consumer finance, catering to diverse customer needs. Finnable combines technology-led processes, data-driven underwriting and a customer-centric approach to simplify the borrowing journey, while maintaining a strong focus on responsible lending, risk management and compliance. As it continues to scale, the Company remains focused on building a sustainable lending franchise with strong technology, governance and customer-centricity at its core.

Bajaj Finance Personal Loan
 

With the Bajaj Finance Personal Loan, customers can choose a repayment tenure ranging from 12 months to 108 months, subject to applicable eligibility criteria and loan terms. Since the interest rate and tenure directly influence the monthly EMI and total repayment amount, borrowers should assess both before accepting a loan offer. The loan is collateral-free and can be applied for online with minimal documentation.
 

Understanding the Bajaj Finance Personal Loan interest rates

The applicable interest rate for a Bajaj Finance Personal Loan ranges from 10% to 30.5% per annum. The rate offered to an eligible customer is subject to the lender's assessment, applicable eligibility criteria and loan terms.
 

The interest rate is an important consideration when comparing personal loan options. A change in the applicable rate can affect the EMI and the total interest payable over the loan tenure.
 

Customers should therefore review the applicable interest rate along with the loan amount, repayment tenure, processing fee and other applicable charges before accepting a loan offer.
 

How does the personal loan interest rate affect repayment?

The personal loan interest rate directly affects the cost of borrowing. For a given loan amount and repayment tenure, the applicable interest rate influences both the monthly EMI and the total amount payable over the loan period.
 

Customers should not assess a loan only by its EMI. A longer tenure may reduce the monthly EMI by spreading repayment over more months, but it can also increase the total interest payable.
 

Before choosing a loan, customers should compare the personal loan interest rate, EMI, repayment tenure, processing fee and total repayment amount. This can help them understand the overall borrowing cost and select a repayment plan that suits their financial capacity.
 

Pro tip: Use a personal loan EMI calculator to compare different loan amounts, interest rates and tenures before accepting a loan offer.
 

What factors can affect a personal loan interest rate?

The applicable interest rate can vary based on the customer's financial profile and the lender's assessment. Factors that may be considered include:

• Credit profile and credit history

• Income and employment details

• Existing financial obligations

• Loan amount

• Repayment tenure

• Applicable lending terms
   

Customers should review their existing EMIs and regular expenses before deciding how much to borrow. Choosing a loan amount that aligns with their repayment capacity can help support responsible borrowing.
 

How does loan tenure affect the overall borrowing cost?

Bajaj Finance Personal Loan offers repayment tenures ranging from 12 months to 108 months, subject to applicable terms.
 

A shorter tenure generally means higher monthly EMIs but may reduce the total interest payable. A longer tenure can make the monthly EMI more manageable by spreading repayment over a longer period but may increase the overall interest cost.
 

Customers should therefore select a tenure based on both their monthly repayment capacity and the total cost of the loan.
 

How can customers compare personal loan offers?

Interest rate is an important factor, but customers should consider the complete cost of borrowing before choosing a loan. Key factors to compare include:

• Applicable interest rate

• Loan amount

• Monthly EMI

• Repayment tenure

• Total repayment amount

• Processing fee and other applicable charges

• Repayment terms
   

This approach can help customers understand the overall financial commitment rather than focusing only on the advertised interest rate.
 

What can a Bajaj Finance Personal Loan be used for?

Eligible customers can consider a Bajaj Finance Personal Loan for a range of personal requirements, subject to applicable terms. These may include:

• Medical expenses

• Education expenses

• Wedding expenses

• Travel expenses

• Home renovation

• Other eligible personal requirements
  ​

How does the Bajaj Finance Personal Loan application process work?

Customers can apply for a Bajaj Finance Personal Loan online by providing the required details and completing the applicable verification process.
 

The application process generally involves:

1. Check loan eligibility – Customers can visit the personal loan page on the Bajaj Finance website, enter the loan amount needed, select the repayment period, and click on "CHECK LOAN OFFER" to check loan eligibility.

2. Enter personal details – Customers need to provide personal, financial, and employment details to receive a personalised loan offer.

3. Review loan offer – Customer can check their offer details and adjust the loan amount or repayment tenure, if required.

4. Complete KYC verification – Loan applicant can verify their identity and bank details to proceed with their application.

5. Speak to a loan specialist – Once the loan application is submitted, an executive will contact the applicant with the next steps.

Minimal documentation and an online application process can make the borrowing journey more convenient. No collateral is required for the loan.
 

Eligible customers may receive disbursal within 24 hours* after successful document verification and completion of applicable requirements.
 

Why consider the Bajaj Finance Personal Loan?

Bajaj Finance Personal Loan provides eligible customers with access to funds without requiring collateral. Customers can choose a loan amount from Rs. 40,000 to Rs. 55 lakh and a repayment tenure from 12 months to 108 months, subject to applicable eligibility criteria and loan terms. Customers can review the interest rate, EMI, repayment schedule, processing fee and other applicable charges before accepting a loan offer.
 

A suitable borrowing decision should also account for monthly income, existing EMIs, regular expenses and emergency savings. Reviewing these factors together can help borrowers choose a loan amount and tenure that remain manageable throughout the repayment period.
 

Those considering a personal loan can check the applicable eligibility criteria and explore the Bajaj Finance Personal Loan online based on their financial requirements and repayment capacity.
 

*Terms and conditions apply.

*Disbursal within 24 hours is subject to successful document verification and applicable terms.
 

About Bajaj Finance Ltd.

Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., is a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL serves over 124.43 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations. As a FinAI company, BFL is focused on continuous innovation through smart use of technology, data and analytics to drive seamless, simplified and personalized experiences for its customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BBB/Stable and a short-term rating of A-2 by S&P Global ratings. It has been assigned a ‘Baa3 Corporate Family Rating’ with Stable outlook from Moody’s Rating.

PaisaBack Credit Card offers 7.5% cashback on eligible online and offline grocery purchases, across leading supermarkets
 

The card was launched by Paisabazaar, Federal Bank and NPCI at the Global Fintech Festival in Mumbai. The Paisaback Credit Card offers 7.5% cashback on eligible online and offline grocery purchases, across leading supermarkets such as Reliance Fresh, DMart, Star Bazaar and Nature's Basket, as well as quick-commerce platforms including Blinkit, Zepto, Swiggy Instamart and BigBasket.

The credit card would be available on the RuPay network, and offers 1% cashback on eligible POS and e-commerce transactions and 0.5% cashback on eligible UPI transactions above Rs. 2,000. Cashback is credited as Cash Points directly to the customer's account, which can be redeemed conveniently.

The card comes with a joining and annual fee of Rs. 500, which is waived on annual spends of Rs. 1.5 lakh or more.

Santosh Agarwal, CEO, Paisabazaar, said, "Credit card rewards are most valuable when they translate into meaningful savings on expenses consumers make every month. Grocery spending is a significant and recurring expense for households, but card rewards around it have been traditionally limited. The Paisaback Credit Card makes everyday shopping more rewarding, while additional cashback on other purchases and UPI transactions enhances the value further. Our partnership with Federal Bank brings together our understanding of consumer spending behaviour to co-create a product that’s built around how consumers actually spend."

Saugata Basu, Senior Vice President and Head, Retail – Cards and Personal Loans, Federal Bank, said, “At Federal Bank, we believe the most impactful financial products are those that seamlessly fit into customers' everyday lives. The Paisaback Credit Card has been crafted to reward customers where they spend most often, particularly on essential categories such as groceries, while extending value across a broader range of everyday transactions. In partnership with Paisabazaar, we are bringing customers a proposition that is built around convenience, relevance, and meaningful savings. We believe this product will redefine how customers perceive value from their everyday spending.”

Key Features of Paisaback Credit Card

• 7.5% cashback on eligible grocery purchases made online and offline at merchants such as Reliance Fresh, DMart, Star Bazaar, Nature's Basket, Blinkit, Zepto, Swiggy Instamart and BigBasket

• 1% cashback on eligible POS and e-commerce spends

• 0.5% cashback on eligible UPI transactions above Rs. 2,000, excluding grocery, fuel and travel categories

• Cashback credited as Cash Points, with a validity of one year

• Maximum cashback benefit of Rs. 1,000 per month across eligible transactions

• Fuel surcharge waiver of up to Rs. 100 per billing cycle

• Annual fee waiver on annual spends of Rs. 1.5 lakh or more

About Paisabazaar

Paisabazaar, a part of PB Fintech (listed since 2021), is India’s leading marketplace for financial products and a free credit score platform. Over the last 12+ years, Paisabazaar has earned the trust and goodwill of over 58 million consumers from 850 cities and towns across India. Paisabazaar has built wide and deep partnerships across the ecosystem, to offer a broad range of financial products, ranging from loans and cards to investments and savings along with bill payments and mobile recharge. The platform also enables consumers to check their free credit score from all 4 CICs (Credit Bureaus) in India. Paisabazaar is an ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

Bajaj Finance Gold Loan

Understanding gold loan interest rate 

Bajaj Finance Gold Loan allows eligible borrowers to pledge gold jewellery, ornaments and coins to access funds for planned or urgent financial needs. The Bajaj Finance Gold Loan interest rate starts at just 9.50% per annum. The applicable rate directly affects the interest payable over the selected loan period, so borrowers are advised to check the rate before finalising their loan amount and repayment tenure. Processing fees and other applicable charges should also be reviewed as part of the overall borrowing cost.

How does the repayment tenure work?

The repayment tenure determines how long borrowers have to repay the loan under the applicable repayment plan. Bajaj Finance Gold Loan offers repayment tenure starting from 1 day and going up to 12 months for interest-servicing plans. The applicable tenure may vary depending on the repayment arrangement selected. Choosing a suitable tenure can help borrowers align their repayments with their financial situation.

How to use a gold loan calculator

The online gold loan calculator offered by Bajaj Finance Gold Loan helps borrowers estimate their interest repayment before applying.

Step 1: Enter the loan amount

Enter the amount you are planning to borrow.

Step 2: Enter the interest rate

Add the applicable gold loan interest rate to calculate the estimated interest payable.

Step 3: Select the repayment tenure

Choose the preferred tenure based on the available repayment options.

Step 4: Review the estimate

The calculator provides an indicative interest repayment based on the details entered.

Step 5: Check the potential loan amount separately

Borrowers looking to estimate how much their eligible gold may support can use the Bajaj Finance’s gold rate calculator. The final loan amount depends on the assessed gold purity, eligible weight, applicable LTV and prescribed valuation methodology.

Step 6: Complete the gold valuation

The final loan amount is confirmed only after the lender physically assesses the pledged gold and completes the required eligibility and valuation checks.

Why use the calculator first?

• It helps estimate interest repayment before applying.

• It allows borrowers to compare different loan amounts and tenures.

• It gives a clearer idea of the expected repayment commitment.

• It can be accessed online using a mobile phone or computer.

Things to keep in mind

• The Bajaj Finance Gold Loan interest rate applicable to a borrower may vary within the stated range.

• Calculator results are indicative and should be used for planning purposes.

• The gold loan calculator estimates interest repayment, while the gold rate calculator can help estimate the potential loan amount.

• The final loan amount depends on eligible gold weight, purity, applicable LTV and valuation.

• Bajaj Finance considers the lower of the previous day's closing price or the 30-day average closing price for the relevant gold purity, as published by IBJA or a SEBI-regulated commodity exchange.

• Applicable processing fees and other charges should be checked separately.

A Bajaj Finance Gold Loan offer can be easier to plan when borrowers understand the applicable interest rate, available tenure and the purpose of each calculator. Checking these details before applying can provide a clearer view of the possible repayment commitment and help borrowers approach the loan process with better information.

T&C Apply.

About Bajaj Finance Ltd.

Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

For more information, visit www.bajajfinserv.in.

PayU Agent HQ enables SMB merchants to get discovered by AI shopping agents, grow sales, simplify payment-related operations & build own custom AI assistants

As AI reshapes how consumers discover and buy, businesses, especially SMB businesses, need to find ways to be relevant in this new commerce era. Industry reports suggest that about 50% of search traffic is shifting to AI agents and AI-referred shoppers converting up to three times better.⁽¹⁾ To enable these merchants with a level playing field, PayU designed its Agent HQ. This is built on more than a decade of commerce intelligence generated across a platform that powers 4.5 lakh+ merchants, 700+ million shoppers’ journey, and has processed Rs. 7,800 billion in transaction volume.

"As a merchant aggregator, PayU has been supporting merchants not just to collect payments but to grow their businesses through its value-added solutions. PayU Agent HQ builds on that foundation and expands on our value-added offerings for SMB merchants. By putting a personalized team of AI agents to work across the business - from improving discoverability and driving growth to managing chargebacks, reconciliations, refunds, settlements, etc. - we want to put control back in merchants' hands, enabling them to focus on their growth. Agent HQ is one of our biggest bets in that direction,” said Manas Mishra, Chief Product Officer, PayU & Wibmo.

PayU Agent HQ brings together a suite of AI agents for merchants to achieve the following two outcomes, depending upon their requirements: building an AI-ready growth engine or running the business efficiently or both.

• Building an AI-ready growth engine: PayU merchants can make their products, services, and business discoverable and transactable on AI platforms like Claude and ChatGPT as well as channels such as WhatsApp through Agent HQ. Merchants also have an option to custom create their conversational AI assistants that work across their websites, apps and customer journeys, providing real-time assistance to shoppers and responding to post-purchase queries.

• Running the business efficiently: Our Agent HQ offers a suite of AI agents that merchants can choose from to automate their complex operational tasks like transactions follow-ups, chargeback reconciliations, refund escalations and settlements, etc. Furthermore, drawing on merchant transaction data, including payment success and failure patterns, chargeback histories, settlement cycles and shopper behaviour, these agents can also act as growth enabler and suggest targeted campaigns across sales, marketing, and other functions. This helps merchants manage fraud and disputes more proactively, reduce operational effort, and protect revenue.

The No-Code, Zero-Integration Flow:

Unlike standalone tools that require merchants to connect data sources, configure workflows or build integrations, PayU's Agent HQ is a no-code AI agent storefront, already built into PayU merchant dashboard. Merchants can hire an AI agent in a few clicks; select how frequently it runs and monitor its activity through dashboard and receive outputs delivered through email and WhatsApp. No agent acts beyond the boundaries and limits defined by merchants.

Agent HQ represents PayU’s approach to building practical, outcome-oriented AI experiences for merchants across the full commerce journey- not just payments alone. Policybazaar, Daily Objects, Pinq Polka, and many more PayU merchants are already on Agent HQ, leveraging the power of AI agents to drive their commerce story.

About PayU

PayU, India's leading diversified fintech platform with Prosus as an investor, operates businesses that are regulated by the Reserve Bank of India and offers advanced solutions to meet the digital financial services needs of customers (merchants, banks, and consumers). PayU provides payment gateway solutions to online businesses through its cutting-edge and award-winning technology and has empowered 4.5 lakhs+ businesses, including India’s leading enterprises, e-commerce giants and SMBs. It enables businesses to collect digital payments across 100+ online payment methods such as Credit Cards, Debit Cards, Net Banking, EMIs, pay-later, QR, UPI, Wallets, and more. It’s a preferred partner in the affordability ecosystem, offering the maximum coverage of issuers and easy-to-implement integrations across card-based EMIs, pay-later options and new-age cardless EMIs. PayU offers e-commerce brands best-in-industry success rates while ensuring a seamless checkout experience.

(1) AI-referred shoppers convert better and spend more (2026) - Shopify

Scheduled from 7 to 11 September, this year's edition is anchored around the theme "Act with Speed", reinforcing the Bank's commitment to listening to customers and translating insights into faster action and better experiences.
 

Now in its fourth year, Sparsh Week has evolved into one of the Bank's largest customer engagement and employee mobilisation platforms. Over the next five days, the Axis Bank network aims to hold more than 2.5 lakh customer conversations across diverse customer touchpoints, segments, geographies and life stages.
 

A key highlight of this year's edition will be extensive leadership participation, with more than 90 leaders in the field from Kashmir to Kanyakumari and from Kutch to Kohima, meeting customers and colleagues across touchpoints including branches, MWBCs, Loan Centres, Axis Phone locations, loan centres and offices, further strengthening customer connect and frontline engagement.
 

Commenting on the launch, Amitabh Chaudhry, MD & CEO, Axis Bank, said, "At Axis Bank, Sparsh is much more than a customer engagement programme. It is how we institutionalise customer obsession across the organisation. Over the years, Sparsh has become the bridge between customer insight and organisational action, ensuring that customer feedback shapes how we design journeys, empower employees and improve experiences. This year's theme, 'Act with Speed', reflects our belief that listening matters only when it leads to action. Through the week, our teams will engage with customers across the country with a simple objective, to ensure every customer feels heard, every employee feels empowered and every insight helps us serve our customers better."
 

Reflecting its focus on turning customer feedback into faster action, Axis Bank will introduce a simplified Auto and Two-Wheeler financing journey for eligible customers during Sparsh Week 2026. The fully digital, end-to-end paperless process will enable application-to-disbursement in just 30 minutes. Powered by automated decisioning, straight-through processing, digital documentation and seamless dealer integration, the journey will be available to both existing and New-to-Bank customers. It demonstrates how customer feedback can drive meaningful innovation, helping reduce friction, accelerate access and deliver a seamless financing experience.
 

Engaging customers through dedicated experiences

Sparsh Week 2026 will bring together a range of customer engagement forums, listening sessions and community outreach initiatives tailored to diverse customer groups. Key highlights include:

• Senior Citizen Open Days focusing on retirement planning, estate planning, will creation, digital banking confidence and cyber fraud awareness.

• NRI engagement forums to better understand evolving expectations around global banking, investments and cross-border financial needs.

• Women Entrepreneur Connects bringing together women entrepreneurs, SHGs and JLGs to discuss business growth, opportunities and financial inclusion.

• Wealth Unplugged conversations centred on wealth creation, succession planning, retirement readiness and long-term financial security.

• MSME roundtables focusing on growth ambitions, digitisation, trade, transaction banking, forex and access to financing.

• Apna Gaon Apna Desh initiatives for Bharat Banking customers, combining customer listening, financial awareness and community outreach.

• Tractor Loan Carnivals for farmers, showcasing financing opportunities and agricultural aspirations.

• Structured listening sessions and gratitude programmes for Corporate and Wholesale Banking customers to better understand future expectations and strengthen relationships.

• Let's Listen sessions, Thank-a-thons, customer panels and gratitude conversations designed to create meaningful dialogue and gather actionable customer insights.
   

Building customer obsession from within

Alongside customer engagement, employees across the Bank will participate in a series of capability-building and recognition initiatives including Pulsate, Ignite, AI Masterclasses, fireside chats, Hackathons, Design Thinking Workshops, Customer Experience Simulations, contests, Sparsh Stories, recognition, Sparsh Ramp of Impact and leadership conversations.
 

Sparsh Week reflects Axis Bank's broader commitment to embedding customer-first thinking into everyday decision-making. Since the launch of Sparsh in FY22, the Bank's indexed Retail Bank NPS has improved significantly, while the Bank has also strengthened its position in external customer experience benchmarks.
 

As Sparsh Week 2026 unfolds across the country, the Bank's focus remains clear: reducing the time and friction between what customers convey and when the Bank takes action.
 

Every customer interaction should result in a clearer insight, a faster response, a resolved issue and a stronger relationship.

About Axis Bank

Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. It has 6,295 domestic branches (including extension counters) and 12,564 ATMs and cash recyclers spread across the country as on 30th June 2026. The Bank’s Axis Virtual Centre is present across eight centres with 1,700 Virtual Relationship Managers as on 30th June 2026. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.
 

 For more information, visit the website www.axis.bank.in.

Bajaj Finance Gold Loan

A gold loan allows individuals to access funds for planned expenses or urgent financial needs without selling their gold. Before applying, understanding the likely interest cost and potential loan amount can help borrowers make a more informed decision. Bajaj Finance Gold Loan offers a free online calculator that estimates interest repayment based on the loan amount, tenure, and applicable interest rate.

Understanding how the loan amount is determined
The final loan amount is not decided by the total weight of gold alone. It depends on several factors, including gold purity, eligible net gold weight, the applicable gold price used for valuation, and the Loan-to-Value (LTV) limit set by the Reserve Bank of India (RBI).

In line with RBI norms, Bajaj Finance considers the lower of the previous day's closing price or the 30-day average closing price, published by the Indian Bullion and Jewellers Association (IBJA) or a SEBI-regulated commodity exchange, for gold valuation. Only the eligible gold content is considered; stones, beads, and other non-gold materials are excluded from the assessed value. As per RBI guidelines, gold valuation is carried out in the presence of the borrower, ensuring complete transparency throughout the process.

Bajaj Finance accepts eligible gold jewellery and ornaments between 18 and 22 karat, and gold coins with purity of up to 24 karat, subject to applicable terms.

LTV limits vary by loan amount
As per RBI's tiered LTV structure for consumption gold loans, the maximum LTV depends on the loan amount:

For instance, if eligible gold is valued at Rs. 2 lakh and an 85% LTV applies, the potential loan amount may be approximately Rs. 1.70 lakh, subject to final valuation and eligibility checks.

What is a gold loan calculator?
A Bajaj Finance Gold Loan Calculator is an online tool that helps borrowers estimate the loan amount they may be eligible for against their gold. Based on details such as the weight and purity of the pledged gold, the calculator provides an approximate loan amount, helping borrowers plan before applying for a gold loan.

How to use a gold loan calculator
Here are the simple steps to use the Bajaj Finance Gold Loan calculator:

Step 1: Enter the weight of the gold
The borrower enters the approximate weight of the gold jewellery, ornaments, or eligible gold coins they plan to pledge, measured in grams.

Step 2: Select the gold purity
The borrower selects the purity of the pledged gold, such as 18K to 22K gold jewellery and ornaments, or eligible gold coins up to 24K purity, as applicable.

Step 3: Enter the required loan details
Depending on the calculator, the borrower enters the expected loan amount or selects the preferred repayment tenure.

Step 4: Review the estimated loan amount
The calculator uses the details provided to display an estimated loan amount. This gives borrowers an initial idea of the amount they may be eligible to borrow against their gold.

Step 5: Complete the gold valuation
The calculator provides an estimate only. The lender determines the final loan amount after verifying the weight, purity, and eligibility of the pledged gold during the valuation process.

Why use the calculator first?

• It gives borrowers an early estimate of the amount they may be able to raise against their eligible gold.

• It helps them check whether the estimated amount is close to their intended borrowing requirement.

• It allows borrowers to see how changes in gold weight or purity can affect the estimated loan amount.

• It helps them decide how much gold they may need to pledge for their funding requirement.

• It gives borrowers a convenient way to plan their application before proceeding with the gold valuation.

Things to keep in mind

• The calculator uses the details entered by the borrower, so the estimate may differ from the final eligible loan amount.

• The valuation process verifies the actual weight and purity of the gold before determining the loan amount.

• Stones, gems and other non-gold components do not form part of the eligible gold value.

• The applicable LTV limit can affect the maximum amount offered against the assessed gold value.

• Borrowers should review the applicable interest rate, fees, repayment terms and other charges before proceeding with the loan.

Using the gold loan calculator before applying for a Bajaj Finance Gold Loan can help borrowers estimate their potential borrowing amount and plan their application accordingly. The final loan amount remains subject to gold valuation, eligibility and applicable terms.

T&C Apply.

About Bajaj Finance Ltd.
Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., is a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL serves over 124.43 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations. As a FinAI company, BFL is focused on continuous innovation through smart use of technology, data and analytics to drive seamless, simplified and personalised experiences for its customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BBB/Stable and a short-term rating of A-2 by S&P Global Ratings. It has been assigned a ‘Baa3 Corporate Family Rating’ with a stable outlook from Moody’s Ratings.

For more information, visit www.bajajfinserv.in.

L&T Finance and Pine Labs enable a new model of commerce on the L&T Finance PLANET App

The partnership commences with flight ticket bookings as the debut use case, elevating customer interaction beyond conversational chatbots to complete end-to-end, autonomous transaction fulfilment.

Commenting on the development, Mr. Manish Kumar Gupta, Chief Executive – Urban Unsecured Assets, Payments & Digital Partnerships, L&T Finance Ltd. said, “Our endeavor at L&T Finance has always been to leverage cutting-edge digital innovations to simplify financial and lifestyle journeys for our customers. Partnering with Pine Labs to introduce an Agentic Storefront on the L&T Finance PLANET App marks a major shift from conversational assistance to true transaction execution. By empowering customers with autonomous AI agents that operate securely within user-defined guardrails, we are building a hyper-personalised, effortless commerce & payments experience. Flight bookings are just the beginning; this architecture will scale to multiple merchant categories in the near future."

Speaking about the partnership, Mr. Sanjeev Kumar, Chief Technology Officer, Pine Labs Ltd., said, "We are entering a new era where commerce is increasingly driven by intent rather than clicks, searches, and manual decisions. For that shift to scale, trusted AI agents must be able to move from consumer intent to transaction execution securely and autonomously. With P3P and the Grantex protocol, Pine Labs is building the trust infrastructure that enables buyer and seller agents to transact securely and autonomously. Together with L&T Finance, we are enabling a new model of commerce on the L&T Finance PLANET App that combines the intelligence of AI with the trust and accountability consumers expect from financial institutions, helping establish the foundation for agent-to-agent commerce at scale."

Redefining Commerce & Payments with Autonomous AI Agents

The Agentic Storefront brings together Buyer-side and Seller-Side AI agents to create a seamless transaction lifecycle:

On the buyer side, customers can provide their intent to buyer agents on the L&T Finance PLANET App with defined guardrails. The buyer agent can then discover and purchase a flight on the customer’s behalf, completing the payment journey autonomously within a secure, trusted, and governed framework.

On the seller side, the seller agent makes the transaction actionable and resolvable. The seller agent connects to the airline’s underlying systems to access real-time flight availability, fares, and booking information, enabling it to respond to the buyer agent with options that can actually be booked and fulfilled.

The payment is completed autonomously by the buyer agent using P3P (Pine Labs Payments Protocol) using the UPI payments functionality within the L&T Finance PLANET App. The experience is enabled by Pine Labs Grantex, the authorisation delegation and compliance layer that supports verifiable identity, spend controls, and auditability.

About L&T Finance Ltd. (LTF)

L&T Finance Ltd. (LTF) (www.LTFINANCE.com), is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ — the highest credit rating — by four leading domestic rating agencies. In August 2025, S&P Global Ratings upgraded LTF long-term Issuer Credit Rating to “BBB/Stable” from “BBB-/Positive” and short-term issuer credit rating to “A-2” from “A-3”. Fitch Ratings has affirmed LTF Long-Term Foreign and Local-Currency Issuer Default Ratings of “BBB-” with a Stable outlook. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on transforming into a Risk-first, Technology-first, AI-native Retail financial services institution as part of the Lakshya 2031 plan. The Company has over 2.9 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

Facebook: www.facebook.com/LnTFS

X: x.com/LnTFinance

LinkedIn: www.linkedin.com/company/lntfinance

Instagram: www.instagram.com/lntfinance

YouTube: www.youtube.com/user/ltfinance

About Pine Labs Limited

Pine Labs is a technology company building the Commerce OS that powers digital commerce across South Asia, Southeast Asia, the Middle East, Africa, Australia, and the United States. The company's platform connects merchants, enterprises, financial institutions, and consumers through a unified suite of payments, issuing, credit, and fintech solutions. Serving businesses across online and in-store commerce.

Pine Labs simplifies payments, enables financial services, and creates seamless commerce experiences.Its Commerce OS combines financial platforms, payment orchestration, issuing capabilities, prepaid and stored value solutions, and payment and credit rails, enabling businesses to move money, create customer value, and deliver increasingly intelligent commerce experiences, at scale.

As commerce becomes increasingly real-time, intelligent, and embedded, Pine Labs is building the technology infrastructure that powers the next generation of digital commerce.

To know more, please visit www.pinelabs.com.

PayGlocal launches Flash, an express checkout experience for cross-border commerce

Today, every new purchase from an Indian business can mean starting the checkout process again. Customers may have already entered and verified their personal and payment information with one merchant, only to repeat the same process when they shop with another. Flash is designed to make that journey simpler, allowing customers to move between participating Indian businesses with fewer steps and a more familiar checkout experience.

Making Cross-Border Checkout Simpler

Cross-border payments have made it possible for Indian businesses to reach customers around the world. Flash focuses on the next part of that journey: making it easier for those customers to complete a purchase.

Rather than repeatedly entering the same information, customers can use their existing verified details, with their consent, when shopping with other participating Indian businesses.

On the occasion, Yogesh Lokhande, Co-founder & CTO, PayGlocal said, “For an Indian business selling to the world, every customer has to be won from scratch. It has to spend to get discovered, build trust with every new buyer, and earn the right to make the sale. And when another Indian business reaches that same customer, the journey starts all over again. PayGlocal changes that.”

He added, “Millions of global shoppers who already buy through PayGlocal can now become a shared customer base for every Indian business on our network. A first-time visitor can arrive already known, trusted, and just one tap away from completing a purchase. For the first time, an Indian business doesn’t have to win the world alone.”

Flash has been built from the ground up for cross-border commerce, taking into account the needs of international customers shopping with Indian merchants. The aim is to reduce friction at checkout while giving participating businesses a simpler way to serve returning global shoppers.

Building the Infrastructure for India’s Global Commerce

PayGlocal has spent more than the last five years building payment infrastructure that enables Indian businesses to accept payments from customers around the world.

Flash builds on this foundation to create a more consistent checkout experience across participating merchants. As the network grows, customers can discover and shop with more Indian businesses without having to repeatedly start the checkout process from scratch.

For Indian businesses, the opportunity goes beyond accepting international payments. It is about making it easier for global customers to complete purchases and return to shop again.

For the first time, Indian businesses selling to the world can share a global customer network.

And that is the larger opportunity PayGlocal sees beyond payments, to help Indian businesses build lasting relationships with customers around the world.

Flash to Debut at Global Fintech Fest 2026

PayGlocal is set to unveil Flash at Global Fintech Fest 2026 in Mumbai, giving the fintech ecosystem its first look at the product and the experience it enables.

The launch will also be part of a broader series of innovations PayGlocal will showcase at GFF across cross-border payments, commerce, payment intelligence and AI.

Together, these launches represent PayGlocal’s next phase of building the infrastructure that makes global commerce feel more like a connected experience.

Equitas Small Finance Bank launched the book ‘When Organisations Win’ today (7 September 2026) at Equitas Towers, Chennai

Authored by Dr CA Sangeeta Shankaran Sumesh, CFO, business and leadership coach, author, speaker and Independent Director, the book takes readers inside the governance journey of Equitas Small Finance Bank through conversations with P N Vasudevan, Managing Director & Founder, Equitas Small Finance Bank.

The book looks beyond governance as a set of rules, regulations and compliance requirements. It explores governance as a way of thinking, behaving and making choices, particularly when organisations face difficult decisions, competing priorities and evolving risks.

At the heart of the book is the Frames Approach to Governance, under which Equitas looks at governance through frames. The approach encourages organisations to identify different frames of governance, work out different action plans under each frame, leading to a dynamic governance model.

The book explores several frames of governance, including Board-management alignment, sensitivity to regulatory signals, communication with the RBI, learning from others' mistakes, customer-centric governance, business model, credit risk, technology, operational controls, investor relationships, ethical leadership and impact on society.

Through conversations with Vasu, the book also brings alive experiences and decisions from Equitas' journey, right from its early days as a microfinance institution to its evolution into a Small Finance Bank. It highlights how governance considerations have influenced business decisions along the way.

Speaking about the book, P N Vasudevan, Managing Director & Founder, Equitas Small Finance Bank, said,“Governance is not a destination. It is a continuous journey. As an organisation evolves, its governance framework also needs to evolve. The Frames approach has helped us look at governance from multiple frames and continuously challenge ourselves to do better. We hope to keep evolving our governance model in tune with the changing times”.

When does an organisation win?

The book explores whether winning is simply about growth, profitability and business performance or whether organisational success must also encompass trust, integrity, responsible leadership, customer interest and the ability to create lasting value for society.

According to Dr CA Sangeeta Shankaran Sumesh, Author of When Organisations Win,“My journey with Equitas began with curiosity. Small experiences made me wonder about the governance philosophy behind the organisation. When Equitas invited me to write this book, I saw an opportunity to explore that curiosity more deeply through conversations with Mr Vasudevan and by understanding the Bank’s governance journey. What emerged was a perspective on governance not merely as rules and compliance, but as choices, values and behaviours.

Through this journey, I realised that governance comes alive in the choices an organisation makes, especially when doing the right thing, even when nobody is watching. It is not necessarily the easiest thing to do. When Organisations Win encourages leaders to look at governance through a wider lens and reflect on what it could mean in their own organisations.”

The “WOW” behind When Organisations Win

The idea captures the aspiration behind the book: organisations that create a positive impact and earn the trust of their stakeholders should be capable of making people say “WOW.” And that is possible when the foundations of governance, values, and responsible leadership are consistently chosen.

When Organisations Win is intended for business leaders, Board members, Independent Directors, bankers, investors, students, aspiring leaders and anyone interested in understanding corporate governance beyond compliance.

The Equitas experience is presented as one journey and one approach, intended to stimulate reflection, questioning and learning among organisations and leaders.The book concludes, stating, “The journey does not end here. It continues with every decision, every conversation, and every choice to do the right thing.”

About the Book

WHEN ORGANISATIONS WIN

Governance, Trust and the Values of Equitas Small Finance Bank

Author: Dr CA Sangeeta Shankaran Sumesh
Published by: Notion Press
Launch Date: 7^th September 2026
Available at: Amazon / Publisher / Other platforms

About the Author

Dr CA Sangeeta Shankaran Sumesh is a CFO turned Business and Leadership Coach, Author, Speaker and Independent Director on Corporate Boards, with over three decades of professional experience. She has held senior corporate leadership positions and serves on the Boards of companies across sectors.

She is the author of five books and works with organisations and leaders to drive purpose, performance and profits.

GoCredit's free Loan App Checker names the RBI-regulated lender behind any lending app, from RBI's official directory of 1,024 digital lending apps

A borrower types the app’s name. The free loan app safety checker searches it against the Reserve Bank of India’s public directory of Digital Lending Apps deployed by Regulated Entities - 1,024 apps as of 1 September 2026 — and against more than 9,200 RBI-registered entities. Where there is a match, the borrower sees the regulated entity behind the app, that entity’s grievance redressal officer, and the escalation route to the RBI Ombudsman. Where there is no match, the tool does not accuse: it hands the borrower a verification checklist and the official reporting channels.

Why the “not found” answer matters most

Google Play’s India policy requires personal loan apps to appear in the RBI’s DLA directory before they can be distributed. An app absent from that directory is therefore an app that should not be offering personal loans on the store at all.

That distinction is the tool’s core design decision. Lists of banned loan apps circulate widely on Indian social media, but no official public list of banned apps exists: blocking orders issued under Section 69A of the Information Technology Act are confidential by law. In a written reply to Parliament in July 2026, the Ministry of Electronics and Information Technology stated that 87 illegal loan lending applications have been blocked to date; the names in those orders are not published.

“Every viral ‘fake loan app list’ is somebody’s guess, and borrowers are making decisions about their money based on those guesses. The verifiable question isn’t which apps are banned — it’s which regulated entity is behind the app in front of you. RBI publishes that. We made it searchable,” Anupam Acharya, Co-founder and CEO, GoCredit.

How to check if a loan app is RBI registered

The company outlined the verification sequence any borrower can follow, with or without the tool:

1. Search the app name in RBI’s DLA directory. Every legitimate digital lending app in India is reported to the RBI by the bank, NBFC or housing finance company that deploys it.

2. Open the app’s About or Compliance screen. RBI rules require a lending app to name the regulated entity behind it. If no lender is named anywhere, treat that as the first red flag.

3. Read the loan agreement or sanction letter. The legal lender is named at the top; it is frequently different from the app’s brand name.

4. Never pay an advance “processing fee”. Registered lenders deduct charges from the disbursed amount; they do not collect fees by UPI before disbursal.

5. Report what does not check out. Unauthorised lending apps can be reported to the RBI at sachet.rbi.org.in, or to the national cybercrime portal at cybercrime.gov.in and helpline 1930.

What the tool deliberately does not claim

The checker never describes an app as “RBI-approved”. The RBI compiles its DLA directory from information submitted by regulated entities on its CIMS portal and publishes it, in the regulator’s own words, without further validation. A listing is a disclosure by a regulated entity, not an endorsement by the RBI — and the tool’s language reflects that distinction on every verdict it returns.

Built on regulatory architecture, not around it

The tool is a consequence of the RBI’s Digital Lending Directions, under which regulated entities must report the apps they deploy. That reporting requirement is what makes an app-level public check possible at all. GoCredit renders the resulting directory in the form a borrower can act on: searchable by the name on their phone screen, with the grievance contact attached.

Alongside the checker, GoCredit has published the complete list of RBI-registered loan apps in India, with a dedicated safety page for each app naming the regulated entity or entities that deploy it.

The company operates an AI Loan Agent that matches borrowers to lenders through a single consent-based application, rather than repeated applications across multiple instant loan apps that each trigger a credit bureau inquiry. The safety checker extends the same premise to the step before borrowing: establishing who the lender actually is.

Availability

The loan app safety checker is free, requires no signup, and is available now at gocredit.money/loan-app. The underlying directory data is refreshed from the RBI’s published source.

About GoCredit

GoCredit is a personal loan platform operated by Vijayalakshmi Technology Infinity NKB Private Limited, offering an AI Loan Agent that matches borrowers with RBI-registered lending partners through a single consent-based application.

Website: gocredit.money

Sources Referenced

1. Reserve Bank of India - public directory of Digital Lending Apps deployed by Regulated Entities (rbi.org.in, Citizen’s Corner), accessed 1 September 2026.

2. Press Information Bureau - Release ID 2287195, Ministry of Electronics and Information Technology reply to the Rajya Sabha, 21 July 2026.

3. Google Play Developer Policy - personal loan app requirements for India.

SBI General Insurance delivers strong Q1 FY27 growth of 10.9%, becoming India’s first general insurer to release results under Ind AS

SBI General Insurance continued to build scale across its business portfolio, with strong contributions from both retail and commercial lines. During the quarter, Health grew by 49.9% and PA by 26.3%, while Engineering and Marine-Cargo grew by 95.4% and 16.8%, respectively. The broad-based performance across these segments reflects the Company’s continued focus on building scale across its retail and commercial businesses while responding to evolving protection needs of customers and enterprises. 
 

The Company’s performance continues to be underpinned by its focus on maintaining the right balance between business expansion and financial discipline. The Comprehensive Income for SBI General Insurance stands at 573 crore while the PAT stands at 426 crore as per the Ind AS financial. SBI General Insurance reported a solvency ratio of 2.0 times and Combined Operating Ratio (COR) of 96.18% for Q1 FY27, reflecting a robust capital position and providing a strong foundation to support the Company’s growth ambitions. 
 

The quarter also marked a significant milestone in the Company’s financial reporting journey, with SBI General Insurance becoming the first general insurer to report its financial results under the newly adopted Ind AS framework. The transition represents an important step in strengthening the Company’s financial reporting and disclosure framework and further reinforces its focus on transparency, governance and financial discipline. 
 

Commenting on the Company's performance, Mr. Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have started FY27 on a strong note with sustained growth across all key parameters. We have built solid foundations and expect this growth momentum to carry us to a strong year-end. Our GDPI stood at INR 3506 crore with comprehensive income at 573 crore in Q1FY27, reflecting our focus on balanced growth and profitability, backed by customer trust and agile execution. We remain committed to further strengthening our capabilities and delivering on our promise of protecting what matters most to our customers."
 

Mr. Jitendra Attra, CFO, SBI General Insurance, added, “We’re the first adopters of the Ind AS framework among the General Insurance companies, marking another important milestone in our financial reporting journey and will further enhance transparency and comparability for our stakeholders. We’ve firmly achieved a 17.4% growth in the Comprehensive income for Q1 FY27. Our 10.9% growth in GDPI reflects sustained momentum across key business segments, while our focus remains firmly on maintaining financial discipline as we scale. With a solvency ratio of 2.0 times, we remain well positioned to pursue sustainable growth while maintaining financial strength and discipline.” 
 

As SBI General Insurance progresses through FY27, the company remains focused on scaling with discipline, strengthening underwriting and driving operational efficiency. With a growing and diversified portfolio, robust capital position and continued investments in technology and distribution, SBI General Insurance is well positioned to sustain its momentum, deepen insurance penetration and further strengthen its position in India’s evolving general insurance landscape. 
 

About SBI General Insurance
SBI General Insurance, one of the fastest-growing private general insurance firms, backed by the robust support of SBI, upholds a legacy of trust and security. We position ourselves as India's most trusted general insurer amidst a dynamic landscape. Since our establishment in 2009, our expansion has been substantial, growing from 17 branches in 2011 to a nationwide presence in 182 branches. In FY 2025-26, SBI General Insurance reported a Gross Direct Premium (GDP) of INR 15,904 crores, recording a YOY growth of 14.5%.

The company received numerous prestigious accolades, showcasing its excellence across various domains. Key honors include winning the Domestic General Insurer of the Year – India and Claims Initiative of the Year – India at the Insurance Asia Awards 2025 in Singapore, Smart Insurer for the year 2025 at the ETNOW Insurance Summit & Awards 2025, India’s Leading General Insurance Company (Mid) for its outstanding performance at the 18th edition of the Dun & Bradstreet BFSI & Fintech Summit 2026 and Best General Insurance Company of the Year at 4th Edition of Future of Insurance Summit 2025.

Certified as a Great Place to Work in 2025, the company also excelled at 8th ICC Social Impact Award 2026 for its commitment to CSR Activities in Project Mission for Vision in Meghalaya, and "ET NOW Champions of CSR" at the ET Edge ET NOW Champions of CSR 2025.

With a team of 9,900+ employees and our multi-distribution model covering Bancassurance, Agency, OEM, Broking, Retail Direct Channels, and Digital collaborations, we are committed to providing both Suraksha and Bharosa to all our consumers. Leveraging a vast network that includes over 23000+ SBI branches, plus agents, financial alliances, OEMs, and digital partners, we extend our services to even the most remote areas of India. Our offerings cater to Retail, Corporate, SME and Rural segments, and our diverse product portfolio ensures accessibility through both digital and physical channels.

SVC Bank organizes Cyber Fraud Awareness drive in its 120th year of operations

The campaign covered 213 housing societies and reached over 19,061 residents, making it one of the Bank's largest community-led financial literacy initiatives.

The awareness sessions featured presentations on the latest cyber fraud trends, educational videos and practical guidance on safe digital banking practices. Participants were sensitised to prevalent frauds such as phishing, fake investment schemes, impersonation scams, OTP and UPI frauds, QR code scams, digital arrest frauds and fraudulent customer care calls. Customers were also educated on identifying genuine banking communications, understanding official banking and promotional sender IDs, and recognising suspicious messages more effectively.

The initiative was organised at a time when cyber-enabled financial frauds continue to rise across the country. According to recent government data, more than 12.7 lakh cyber fraud complaints involving over Rs 10,178 crore in suspected fraudulent transactions were reported during the first six months of 2026 alone, underscoring the growing need for greater public awareness alongside technological safeguards.

Speaking on the initiative, Mr. Ravinder Singh, Managing Director, SVC Co-operative Bank Ltd., said, "As banking becomes increasingly digital, awareness has become the strongest first line of defence against cyber fraud. While banks continue to strengthen their security infrastructure, customers also need to stay vigilant and informed. Through this nationwide outreach, we are taking cyber safety beyond our branches and directly into communities, empowering citizens with practical knowledge that can help them recognise fraud attempts before they become victims. At SVC Bank, protecting our customers' interests remains at the heart of everything we do."

Mr. Durgesh Chandavarkar, Chairman, SVC Co-operative Bank Ltd., added, "Cyber security is a shared responsibility. As a customer-centric cooperative bank with deep roots, we believe financial literacy must go hand in hand with digital adoption. This initiative reflects our commitment to creating greater awareness among customers and the wider public, enabling them to use digital banking services with confidence while remaining alert to evolving cyber threats."

During the sessions, SVC Bank officials encouraged participants to adopt basic cyber hygiene practices, including never sharing confidential banking credentials, verifying the authenticity of callers and links before acting, promptly reporting suspicious transactions, and contacting the National Cyber Crime Helpline (1930) or the National Cyber Crime Reporting Portal cybercrime.gov.in in the event of suspected fraud.

With this initiative, SVC Bank reinforced its commitment to safeguarding customers against emerging cyber threats while continuing to strengthen its role as a trusted financial institution that actively contributes to building a cyber-aware and digitally resilient society.

About SVC Bank

Set up in 1906, SVC Bank is a 119-year-rich institution that has contributed significantly to the development of the co-operative movement in India for over a century. Today, the Bank is one of the oldest and most recognised names in the country’s co-operative banking space. SVC is a Multi-State Scheduled Co-operative Bank with its presence across 10 States & 1 Union Territory – Maharashtra, Karnataka, Goa, Gujarat, Rajasthan, Delhi, Haryana, Madhya Pradesh, Andhra Pradesh, Telangana and Tamil Nadu. Total Business of the Bank is at Rs 43,693 Crores as on March 31, 2026 and Net Profit stands at Rs 205 Crores. Gross NPA stood at 2.69% while Net NPA stood at 0.96% and the CRAR at 15.48%, reflecting the Bank's strong financial fundamentals.

Headquartered in Mumbai, the Bank has a vast network of 203 branches, 220 ATMs and an employee strength of over 2,500. The Bank offers the entire gamut of services across Retail, Corporate and International Banking.

The Bank’s performance and innovation have been recognised through several recent industry awards.

• SVC Bank was honoured with the Excellence in Customer Experience Award at the UBS Forums - 3rd Edition of India Fintech Summit & Awards 2026, held in Mumbai. The award, presented by Shri. Loghman Tavasoli, COO, UBS forums, was received by Shri. Saket Maheshwari, Chief Financial Officer, on behalf of SVC Bank.

• SVC Bank was honoured with three prestigious awards — Best Urban Co-operative Bank, Best Multi-State Urban Co-operative Bank and Best CTO/IT Head Of The Year — at the Bharat Ratna Sahakarita Samman Ceremony 2026, conducted at the Bharat Cooperative Banking Summit 2026, on June 6th, 2026, in Lucknow.

• The Bank was also honoured with the 'Leading Bank Award' in Category Tier IV at the 10th All India Co-operative Banking Summit & Awards 2026, conducted on May 8th & 9th, 2026, in Pune.

• The Bank was awarded Best Urban Co-operative Bank, Best Cyber Security Initiative and Digital Banking Innovation of the Year at the 3rd Rashtriya Urban Cooperative Banking Summit & Awards 2026.

• SVC Bank received three distinguished recognitions at IBA's Annual Banking Technology Conference, Expo & Citations 2024-25, conducted on January 9th, 2026 in Mumbai: Best Fintech & DPI Adoption (Winner) in the Co-operative Sector Banks category, Best Tech Talent (Winner) in the Co-operative Sector Banks category and Best Technology Bank (Special Mention) in the Co-operative Sector Banks category.

• The Bank was awarded the Leader Award at the 9th All India UCB Summit & Awards, 2025, the Best HR Transformation and Best Audit Transformation Awards at the FCBA Awards 2025, and the Gold Award for the Bank's Wall Calendar for the Year 2025 & Consolation Award for the Bank's Annual Report F.Y. 2024-25, at the 15th PRCI Excellence Awards 2025. In addition, earlier honours include the Banco Blue Ribbon 2024 Award for excellence in the Urban Co-operative Bank category.

Other notable mentions:

• The Bank was also felicitated at the Rashtriya Coop Samman Samaroh 2025 with the titles of Best Urban Co-operative Bank, Best Multi-State Urban Co-operative Bank and Best Chairperson of the Year awarded to Shri. Durgesh S. Chandavarkar.

• SVC Bank was recently awarded the prestigious 'Most Innovative CFO' Award at the Silver Feather Awards 2025 - 6th Edition and ET Now’s “Best Organisations to Work 2025”. These accolades reflect the Bank’s leadership in co-operative banking, commitment to technology and people, and its role in advancing financial inclusion.

SVC Bank website: www.svc.bank.in

Loan Utsav 2026 is available until 10 September 2026, subject to applicable terms and conditions. Eligible customers can explore the reward bundle while considering a personal loan for planned or urgent expenses.
 

Bajaj Finance Personal Loan
 

What is new in Loan Utsav 2026?

Loan Utsav 2026 introduces a reward bundle for eligible customers whose Bajaj Finance Personal Loan is successfully disbursed during the campaign period.
 

The reward bundle includes benefits across entertainment, music, dining and shopping categories:

• Zee 5, Sony Liv & 14 other OTTs – 6 months free membership

• JioHotstar membership – 3 months

• Free 3-month Zomato Gold Membership

• Free 3-month JioSaavn Pro

• Free 45 Day Gaana membership

• Free 40+ Vouchers
   

The rewards are applicable after successful loan disbursal within the campaign period. Eligibility and reward fulfilment are subject to the applicable campaign terms and conditions.
 

Who can benefit from Loan Utsav 2026?

Loan Utsav 2026 can be relevant for eligible customers who are already considering a personal loan for a planned or urgent financial requirement.
 

A Bajaj Finance Personal Loan can help manage various personal expenses. Customers can choose a loan amount and repayment tenure based on their financial needs and applicable eligibility.
 

The campaign rewards are linked to successful loan disbursal during the specified campaign period. Customers should review the applicable terms before applying.
 

What are the key features of a Bajaj Finance Personal Loan?

A Bajaj Finance Personal Loan offers a loan amount ranging from Rs. 40,000 to Rs. 55 lakh, subject to applicable eligibility criteria. The repayment tenure ranges from 12 months to 108 months.
 

The personal loan interest rate ranges from 10% to 30.5% per annum, depending on applicable terms and the customer's profile.
 

The loan is collateral-free, so eligible customers do not need to pledge an asset as security. Funds can be disbursed within 24 hours*, subject to fulfilment of applicable conditions and documentation.
 

These features allow customers to consider different loan amounts and repayment periods based on their financial requirements.
 

How does the extended tenure help with financial planning?

The repayment tenure of up to 108 months gives eligible customers more flexibility when planning their monthly repayments.
 

A longer tenure can reduce the monthly EMI for a given loan amount, which may help customers manage their monthly cash flow. However, extending the tenure can also increase the total interest payable over the loan period.
 

Customers should compare different tenure options and consider their income, existing financial commitments and repayment capacity before selecting a repayment schedule.
 

What is the Bajaj Finance Personal Loan interest rate?

The Bajaj Finance Personal Loan interest rate ranges from 10% to 30.5% per annum, subject to applicable terms and the customer's profile.
 

The interest rate is an important factor when assessing the overall cost of a personal loan. Customers should review the applicable rate, EMI, processing charges and other relevant terms before accepting a loan offer.
 

Using an EMI calculator can also help customers understand how the loan amount, interest rate and tenure can affect their monthly repayment.
 

How can customers apply for a Bajaj Finance Personal Loan?

Customers can begin the application process online by checking their eligibility and providing the required information. The process includes submitting relevant details and documents for assessment.
 

Eligible customers can select a suitable loan amount and repayment tenure based on their requirements and applicable terms. Once the required checks and documentation are completed, the loan can be disbursed within 24 hours*.
 

Customers applying during Loan Utsav 2026 should ensure that the loan is successfully disbursed within the campaign period to qualify for the applicable reward benefits, subject to the campaign terms.
 

Why consider a personal loan during Loan Utsav 2026?

Loan Utsav 2026 brings together personal financing and a limited-period reward bundle. For customers who already have a planned borrowing requirement, the campaign provides an opportunity to explore the applicable rewards along with the features of a Bajaj Finance Personal Loan.
 

The loan offers amounts from Rs. 40,000 to Rs. 55 lakh, repayment tenures from 12 months to 108 months, and interest rates from 10% to 30.5% per annum. It is also a collateral-free loan, with disbursal within 24 hours* subject to applicable conditions.
 

Customers should borrow based on their actual financial requirements and repayment capacity rather than choosing a loan solely for the campaign rewards.
 

A simple and customer-focused borrowing journey

Bajaj Finance provides a structured process for customers exploring personal finance options. The combination of online application, flexible repayment tenures and collateral-free borrowing can help eligible customers manage different financial needs.
 

Loan Utsav 2026 adds a limited-period reward bundle for eligible customers whose loan is successfully disbursed during the campaign period. Customers should check the campaign terms, loan costs and applicable eligibility criteria before proceeding.
 

Customers can check their eligibility online and review the applicable terms for a Bajaj Finance Personal Loan.
 

*Terms and conditions apply.
 

About Bajaj Finance Ltd.

Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., is a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL serves over 124.43 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations. As a FinAI company, BFL is focused on continuous innovation through smart use of technology, data and analytics to drive seamless, simplified and personalized experiences for its customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BBB/Stable and a short-term rating of A-2 by S&P Global ratings. It has been assigned a ‘Baa3 Corporate Family Rating’ with Stable outlook from Moody’s Rating.

The event, which took place at the Courtyard by Marriott Mumbai International Airport, saw Dr. Debasish Prusty, Additional Secretary of the Department of Financial Services (DFS), Ministry of Finance, take the role of chief guest. Ms. Preeti Chandrashekhar, President of the IAI; Vice President Anurag Rastogi; Ms. Asha Murali, Honorary Secretary of the IAI; and Mr. Mike Lombardi, President of the International Actuarial Association (IAA), Kartikey Kandoi, FIAI, FIA, FCA were also present.
 

Left to Right: N Shrinivasan, Ruchita Verma, Preeti Chandrashekhar, Aasha More, Kartikey Kandoi, Anurag Rastogi
 

Speaking at the event, Ms. Preeti Chandrashekhar, President, Institute of Actuaries of India, said, “As India expands its safety nets and seeks long-term fiscal and financial sustainability, actuarial expertise becomes central to informed decision-making and public trust. Actuaries operate at the intersection of economics, finance, demography, and risk. We shape frameworks that protect livelihoods, strengthen institutions, and advance India's journey toward Viksit Bharat 2047 since today’s progress should not become tomorrow’s vulnerability. One profession that truly holds endless possibilities and infinite impact.”
 

As part of the celebrations, IAI launched its Brand Bible, establishing a unified framework for the Institute’s identity, messaging and communication. The Brand Bible brings together the principles and standards that will guide how IAI presents itself consistently across its stakeholders and communication platforms. The Institute of Actuaries of India (IAI) has signed a Memorandum of Understanding (MoU) with Bhimtech to strengthen collaboration and knowledge exchange in the emerging areas of carbon markets and carbon credits.
 

IAI also launched its Job Portal, a dedicated platform designed to connect actuarial professionals and talent with relevant career opportunities, while strengthening engagement between employers and the actuarial community.
 

The Institute further announced the 26th Global Conference of Actuaries (GCA) & Actuarial Global Forum of Actuaries (AGFA), which will bring together actuarial professionals, policymakers, industry leaders and global experts to discuss emerging trends, risks and opportunities shaping the profession and the wider financial ecosystem.
 

These initiatives reflect IAI’s continued efforts to strengthen the actuarial profession and its contribution across insurance, pensions, investments, risk management and other areas of India’s evolving financial and economic landscape.
 

About the Institute of Actuaries of India

The Institute of Actuaries of India (IAI) is a statutory body established under the Actuaries Act, 2006, responsible for regulating and developing the actuarial profession in India. IAI functions under the administrative aegis of the Department of Financial Services, Ministry of Finance, Government of India, and is responsible for actuarial education, examinations, professional standards and conduct. The Institute works to advance actuarial knowledge and uphold high standards of professional integrity, expertise and public interest.

Mr. Tapan Ghosh (left), CEO, VinFast Asia, and Ms. Kumkum Jain, Additional SVP, Federal Bank Limited, at the signing ceremony

Under the partnership, Federal Bank will offer customized inventory financing solutions that enable VinFast dealers to optimize working capital, maintain healthy vehicle inventory, and respond efficiently to growing customer demand. The financing solutions are designed to strengthen dealers’ operational capabilities while supporting VinFast’s continued network expansion across India.

By combining Federal Bank’s financial strength and nationwide reach with VinFast’s rapidly expanding dealer network, the collaboration aims to build a stronger, more resilient retail foundation to support the Company’s long-term growth in one of the world’s fastest-growing electric vehicle markets.

The MOU was signed by Mr. Tapan Ghosh, CEO of VinFast Asia, and Ms. Kumkum Jain, Additional SVP, Federal Bank Limited.

Mr. Tapan Ghosh, CEO of VinFast Asia, said, “A strong dealer network is fundamental to delivering consistent and seamless customer experience. Our partnership with Federal Bank is an important step towards equipping our dealer partners with the financial flexibility needed to support business growth and operational efficiency. As we continue to expand our footprint across India, we remain focused on building a robust retail ecosystem that enables our partners to grow alongside us while delivering the highest standards of service to customers.”

Ms. Kumkum Jain, Additional SVP, The Federal Bank Limited, said, “Federal Bank is pleased to partner with VinFast to provide tailored inventory financing solutions for its dealer network. This collaboration combines VinFast’s commitment to sustainable mobility with Federal Bank’s expertise in dealer financing, supporting the growth of India’s EV ecosystem.”

The partnership reinforces VinFast's broader strategy of building a comprehensive electric mobility ecosystem in India through strategic collaborations spanning financing, charging infrastructure, after-sales service, and retail. Having recently opened its 60th 3S dealership in the country, the Company remains on track to establish 75 dealerships nationwide by the end of the year, with streamlined inventory financing further strengthening dealer readiness, optimizing inventory management, and enabling partners to better serve growing customer demand for electric vehicles.

VinFast continues to expand its presence across India through investments spanning manufacturing, retail, and customer support infrastructure. Alongside its plant in Tamil Nadu, the Company is building a nationwide dealership and after-sales network while collaborating with strategic partners to make electric mobility more accessible and convenient for Indian consumers.

About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: www.vinfastauto.in. 

About Federal Bank
Federal Bank (NSE: FEDERALBNK) is one of India’s leading private sector banks, with a legacy spanning nine decades and a clear focus on long-term value creation. As of 30th June 2026, the Bank’s total business stood at ₹5.97 lakh crore. 

With a strong nationwide presence of over 1,600 banking outlets complemented by robust digital capabilities, Federal Bank serves millions of customers through an integrated physical and digital network. The Bank maintains an international presence through its Representative Offices in Dubai and Abu Dhabi, which serve as key touchpoints for Non-Resident Indian customers in the UAE. It also operates an IFSC Banking Unit (IBU) at GIFT City, becoming part of India’s evolving global financial ecosystem.

Anchored in its core values of trust, prudence, and customer-centricity, Federal Bank continues to evolve through disciplined execution and a clear, contemporary approach to banking.

Learn more at: www.federal.bank.in.

Nexdigm Accelerates Delivery of AI-Enabled Transfer Pricing Solutions, by Investing in infer360

As India strengthens its position as a global business and services hub, Nexdigm's journey reflects the growing emergence of Indian-origin professional services firms on the world stage. Built in India and expanded globally, Nexdigm has continued to invest in talent, innovation, and technology-led capabilities. The alliance with infer360 is another step in that journey, combining deep advisory expertise with AI-native innovation that digitizes the entire transfer pricing lifecycle—from planning and operational transfer pricing to documentation, compliance, monitoring, and audit readiness. Together, the organizations offer an end-to-end solution that combines technology, advisory expertise, and managed services into a single integrated operating model.

Addressing this market shift, the Nexdigm–infer360 alliance introduces a disruptive, AI-enabled and technology-led operating model that combines advisory expertise, intelligent TP automation, and managed compliance services to streamline documentation, enable continuous monitoring, strengthen governance, and deliver greater transparency, agility, and regulatory confidence.

The solution is built for globally operating businesses, the platform supports organizations with cross-border value chains, distributed operating models and growing regulatory obligations. By combining AI-driven intelligence with deep transfer pricing expertise, it helps enterprises make informed decisions, strengthen tax governance and proactively manage risk in an increasingly transparent tax environment.

The collaboration reflects both organizations' shared vision of making transfer pricing a business enabler rather than a year-end compliance exercise. By empowering tax and finance leaders with greater operational visibility, faster decision-making, improved governance, reduced manual effort, measurable cost efficiencies, and enhanced audit readiness, the alliance helps organizations drive better business outcomes while confidently managing transfer pricing throughout the year.

"This alliance reflects Nexdigm’s broader vision of evolving from technology-enabled to technology-led solutions, where AI, domain expertise, and managed services work together to create measurable business outcomes. As an Indian-origin professional and business consulting firm successfully operating on a global stage, this partnership reinforces our commitment to bringing world-class innovation to clients. Together with infer360, we are delivering a smarter, faster, and more strategic approach to transfer pricing," said Mayank Lakhani Co-CEO, Nexdigm.

"infer360 was built to address the realities of modern transfer pricing.  Organizations need intelligent systems that continuously monitor risks, automate documentation, and preserve institutional knowledge - not another compliance tool.  Nexdigm's reputation, regional strength, and deep transfer pricing expertise make them the ideal partner to bring this vision to businesses across India and the UAE," said Sunil Agarwal, CEO and Co-Founder, infer360.

"Our exciting alliance pairs infer360's global domain depth and leading technology platform with Nexdigm's network and regional expertise to bring world-class transfer pricing technology solutions to multinational clients across India and the UAE. It brings to life our shared vision of what clients want and need – an agile, reliable, intelligent technology platform to ease the burden and manage the significant risk of transfer pricing planning, operations, compliance and defence,” said Shane McEvoy, COO and Co-Founder, infer360.

"Clients today are looking for more than documentation, they need operational visibility, consistency across jurisdictions, and confidence that their transfer pricing policies are being executed correctly throughout the year. By combining Nexdigm's transfer pricing capabilities with infer360's AI-native platform, we are creating a disruptive solution to help businesses create long-term business value," said Maulik Doshi, Managing Director - Tax & Global Transfer Pricing, Nexdigm.

About Nexdigm

Nexdigm is a leading Indian origin global organization providing professional services including Tax, business consulting and outsourcing services, With decades of experience, Nexdigm partners with organizations to solve complex business challenges through integrated, technology-enabled solutions. Its transfer pricing practice supports multinational enterprises across planning, policy design, documentation, benchmarking, controversy management, APA, operational transfer pricing, and managed services.

About infer360

infer360 is an AI-native transfer pricing intelligence platform designed by ex-Big 4 transfer pricing partners to modernize the entire transfer pricing lifecycle. The platform combines automation, continuous monitoring, operational transfer pricing, intelligent documentation, benchmarking, and audit-ready workflows to help organizations transition from periodic compliance to continuous transfer pricing management. Built on an AI-native architecture with human-in-the-loop validation, infer360 enables enterprises to improve governance, operational efficiency, and transfer pricing defensibility.

Razorpay Launches Multi Currency Account

With this launch, merchants can receive settlements in USD, EUR, GBP, AED, and SGD directly into their EEFC accounts through Razorpay’s banking partner ecosystem, eliminating the need for immediate conversion into Indian Rupees (INR).

For many Indian exporters and globally operating businesses, managing foreign currency earnings efficiently remains an operational challenge. While international payments are typically settled in INR, businesses with ongoing foreign currency expenses often need to convert those funds back into foreign currencies to meet overseas obligations, resulting in multiple conversion cycles and avoidable foreign exchange costs. At the same time, as Indian businesses expand globally, the need for better control over foreign currency cash flows has become increasingly important. Businesses today require greater flexibility in deciding when and how to convert their earnings, especially when they have ongoing foreign currency obligations.

Through Razorpay’s Multi-Currency EEFC Account, the company aims to address these challenges by enabling businesses to retain earnings in the original currency and convert only when required. The solution extends Razorpay’s export payments stack beyond collections, helping businesses manage international earnings more efficiently. Key benefits of Multi-Currency EEFC Settlements include:

• Direct foreign currency settlements: Businesses can receive payment settlements directly into their EEFC accounts without mandatory INR conversion

• Reduced FX leakage: By eliminating multiple conversion cycles, businesses can avoid unnecessary foreign exchange costs

• Improved cash flow management: Merchants gain greater control over when to convert foreign currency based on their operational needs

• Seamless integration with existing workflows: The solution is built within Razorpay’s existing dashboard, settlement engine, and reconciliation processes

• No additional setup required: Businesses can access EEFC settlements without separate onboarding or changes to their current payment setup

Commenting on the launch, Rahul Kothari, COO, Razorpay, said, "Indian businesses are selling to the world like never before - reaching a record USD 860 billion in FY26, and they need financial infrastructure that grows with them. Because Indian exporters deserve the same flexibility to manage their global earnings as they have in growing their businesses. With our Multi-Currency EEFC Account, we're making it easier for businesses to retain foreign earnings, reduce conversion costs, and operate with greater confidence in global markets. This is another step towards building financial infrastructure that helps Indian businesses compete and grow on the global stage.”

The launch reinforces Razorpay’s commitment to supporting the entire export money lifecycle, from collecting international payments to retaining foreign currency earnings and enabling cross-border payouts.

About Razorpay
Razorpay, an omnichannel payments platform for businesses, strives to help Indian businesses with innovative solutions built with technology to address the payment and banking journey for businesses. Established in 2014 by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur, the company strives to provide technology payment solutions to many businesses. A few angel investors have also invested in Razorpay’s mission to simplify payments and business banking.

vivo S2 First Look: Explore its design, features, camera and performance, and see how the latest vivo S2 compares with vivo smartphones in 2026

vivo S2: The first look
The vivo S2 will launch in India on 6 August 2026, and early reports point to a phone built around a bold display and all-day battery life.

The standout here is the pairing of a large, curved screen with a 7,050 mAh battery, a combination that should suit anyone who streams, scrolls, or games through the day without reaching for a charger too often. The dual rear setup, backed by 4K video on both cameras, gives it a genuine edge for casual content creation, while wireless charging is a rare addition at this segment.

vivo V80 5G: The next V-series contender
The V-series has built its reputation on camera performance, and the upcoming vivo V80 5G looks set to continue that trend with a sharper display and a bigger battery than its predecessor.

Where the vivo S2 leans on screen size and battery capacity, the V80 5G looks to bring a faster refresh rate and a Zeiss-tuned triple camera into the conversation, making it a strong pick for buyers who prioritise photography alongside everyday performance.

vivo X300 FE: The compact flagship benchmark

For a sense of where vivo's flagship ambitions sit, the vivo X300 FE offers a useful reference point. Launched on 6th May 2026, it brings a 6.31-inch 120Hz AMOLED display, a Snapdragon 8 Gen 5 processor, and 12GB RAM for smooth gaming and multitasking.

The X300 FE proves that a compact body needn't mean compromise, packing flagship silicon and a versatile triple camera into a phone that's easier to handle one-handed. It sets a useful benchmark for what buyers can expect as they move up vivo's 2026 lineup.

Pricing at a glance
Early pricing indications place these three phones across a wide spread, giving buyers options at different budgets.

Disclaimer: Prices are subject to change. Please check the official website for the most accurate and up-to-date information.

Shopping made easier with Easy EMIs from Bajaj Finance
Whichever vivo smartphone catches your eye, spreading the cost makes it easier to own. With an Easy EMI Loan offering a loan offer amount of up to Rs. 5 lakh, or an Insta EMI Card offering a loan offer amount of up to Rs. 3 lakh, both with tenures between 3 and 60 months, upgrading your phone need not mean paying the full price upfront.

Buying on Easy EMIs from a Bajaj Finance partner store is straightforward:

• Check your loan eligibility online in a few minutes

• Visit any of the 1.5 lakh+ partner stores across 4,000+ cities in India

• Pick your preferred vivo smartphone and confirm the EMI plan that fits your budget

• Complete the paperwork in-store and walk out with your new phone

This wide network means a partner store is rarely far away, whether you are in a metro city or a smaller town. Buyers can also look forward to zero down payment on select models, Easy EMIs starting from Rs. 830, flexible tenures ranging between 3 and 60 months, and up to 60% off the price of select phones, making a display and camera upgrade far more accessible.

With three distinct phones on offer, from the design-led vivo S2 to the camera-focused V80 5G and the compact X300 FE, there is a vivo smartphone to suit most needs and budgets, all of them within easier reach thanks to Easy EMIs from Bajaj Finance.

Mr. Durgesh S. Chandavarkar, Chairman; Mr. Arun D. Mavinkurve, Vice Chairman; the Board, Board of Management, MD Mr. Ravinder Singh and senior executives at the Bank's 120th AGM

Chaired by Mr. Durgesh S. Chandavarkar, the Chairman of the Bank; all agenda items and meeting topics set out in the notice to members were transacted.

The Bank also presented its Audited Financials for the year ended March 31, 2026, reporting Total Business of Rs. 43,693 crore, a year-on-year growth of 11.03%. Deposits rose to Rs. 24,956 crore, a 11.51% year-on-year growth from Rs. 22,380 crore in the previous financial year, while Advances increased to Rs. 18,737 crore, a 10.40% year-on-year growth from Rs. 16,973 crore in the previous financial year. The Bank recorded a Net Profit of Rs. 205 crore for the financial year. Asset quality remained resilient with Gross NPA at 2.69% and Net NPA at 0.96%, and the Bank’s capital position strengthened with a Capital Adequacy Ratio (CRAR) of 15.48%.

During the AGM, Mr. Durgesh S. Chandavarkar, Chairman; and Mr. Arun D. Mavinkurve, Vice Chairman of the Bank; felicitated and honoured one of the Bank's most valued customers, Mr. Dinkar Bhavanishankar Burde, in recognition of his remarkable association with the Bank since 1958. A centenarian, Mr. Dinkar Bhavanishankar Burde was celebrated for his unwavering trust and loyalty spanning nearly seven decades, symbolizing the enduring relationships the Bank has built with its customers. The special felicitation served as a tribute to his lifelong association with the Bank and reflected the institution's commitment to recognizing and valuing the trust and support of its longstanding customers.

The financial year saw the Bank focus on digital transformation, reinforce risk management practices, and selectively expand its Branch network, while continuing to prioritise customer service and operational discipline.

“As SVC Bank holds its 120^th AGM this year, our focus remains on building an institution that combines strong governance, financial resilience and customer trust with a clear vision for the future. The progress we have achieved reflects the collective commitment of our Board, Management and Employees, and we will continue to pursue sustainable growth while creating long-term value for our Members and Customers," said Mr. Durgesh S. Chandavarkar, Chairman, SVC Co-operative Bank Ltd.

Looking ahead, SVC Bank plans to deepen its focus on retail and priority sector lending, including MSMEs, affordable housing, and institutional deposits, while further expanding its presence across the country.

About SVC Bank

Set up in 1906, SVC Bank is a 119-year-rich institution that has contributed significantly to the development of the co-operative movement in India for over a century. Today, the Bank is one of the oldest and most recognised names in the country’s co-operative banking space. SVC is a Multi-State Scheduled Co-operative Bank with its presence across 10 States & 1 Union Territory – Maharashtra, Karnataka, Goa, Gujarat, Rajasthan, Delhi, Haryana, Madhya Pradesh, Andhra Pradesh, Telangana and Tamil Nadu. Total Business of the Bank is at Rs. 43,693 Crores as on March 31, 2026 and Net Profit stands at Rs. 205 Crores. Gross NPA stood at 2.69% while Net NPA stood at 0.96% and the Provisioning Coverage Ratio (PCR) at 65.16%, reflecting the Bank's strong financial fundamentals.

Headquartered in Mumbai, the Bank has a vast network of 203 branches, 220 ATMs and an employee strength of over 2,500. The Bank offers the entire gamut of services across Retail, Corporate and International Banking.

The Bank’s performance and innovation have been recognised through several recent industry awards.

• SVC Bank was honoured with three prestigious awards — Best Urban Co-operative Bank, Best Multi-State Urban Co-operative Bank and Best CTO/IT Head Of The Year — at the Bharat Ratna Sahakarita Samman Ceremony 2026, conducted at the Bharat Cooperative Banking Summit 2026, on June 6^th, 2026, in Lucknow.

• The Bank was also honoured with the 'Leading Bank Award' in Category Tier IV at the 10^th All India Co-operative Banking Summit & Awards 2026, conducted on May 8^th & 9^th, 2026, in Pune.

• The Bank was awarded Best Urban Co-operative Bank, Best Cyber Security Initiative and Digital Banking Innovation of the Year at the 3^rd Rashtriya Urban Cooperative Banking Summit & Awards 2026.

• SVC Bank received three distinguished recognitions at IBA's Annual Banking Technology Conference, Expo & Citations 2024-25, conducted on January 9^th, 2026 in Mumbai: Best Fintech & DPI Adoption (Winner) in the Co-operative Sector Banks category, Best Tech Talent (Winner) in the Co-operative Sector Banks category and Best Technology Bank (Special Mention) in the Co-operative Sector Banks category.

• The Bank was awarded the Leader Award at the 9^th All India UCB Summit & Awards, 2025, the Best HR Transformation and Best Audit Transformation Awards at the FCBA Awards 2025, and the Gold Award for the Bank's Wall Calendar for the Year 2025 & Consolation Award for the Bank's Annual Report F.Y. 2024-25, at the 15^th PRCI Excellence Awards 2025. In addition, earlier honours include the Banco Blue Ribbon 2024 Award for excellence in the Urban Co-operative Bank category.

Other notable mentions:

• The Bank was also felicitated at the Rashtriya Coop Samman Samaroh 2025 with the titles of Best Urban Co-operative Bank, Best Multi-State Urban Co-operative Bank and Best Chairperson of the Year awarded to Shri. Durgesh S. Chandavarkar.

• SVC Bank was recently awarded the prestigious 'Most Innovative CFO' Award at the Silver Feather Awards 2025 - 6^th Edition and ET Now’s “Best Organisations to Work 2025”. These accolades reflect the Bank’s leadership in co-operative banking, commitment to technology and people, and its role in advancing financial inclusion.

SVC Bank website: www.svc.bank.in

A first look at the OnePlus 15s reveals a premium design, sleek profile, and eye-catching camera module, hinting at a flagship smartphone experience

Compact convenience or immersive entertainment
The OnePlus 15s and OnePlus 15R are designed for different lifestyles. Based on early reports, the OnePlus 15s is expected to feature a compact 6.3-inch ProXDR LTPO display with a 165Hz refresh rate, making it comfortable for one-handed use and frequent travel. The OnePlus 15R, on the other hand, offers a larger 6.83-inch AMOLED display with the same 165Hz refresh rate, making it better suited for streaming, gaming, and multitasking.
 

Highlights include:

• OnePlus 15s (expected): 6.3-inch ProXDR LTPO display

• OnePlus 15R: 6.83-inch AMOLED display

• 165Hz refresh rate on both smartphones

• Punch-hole displays with vibrant colours and smooth visuals

Performance tailored to different users
Performance is one of the biggest differentiators between the two devices. The OnePlus 15R is powered by the Qualcomm Snapdragon 8 Gen 5 processor, delivering flagship-level speed for demanding applications, gaming, and multitasking.

The expected OnePlus 15s is likely to feature a premium Snapdragon platform with 12GB LPDDR5X RAM and UFS 4 storage, offering responsive performance for everyday productivity and AI-powered experiences.

Performance highlights:

• OnePlus 15R: Snapdragon 8 Gen 5 processor

• OnePlus 15s (expected): Premium Snapdragon platform with 12GB RAM

• Android 16 on both devices

• OxygenOS experience designed for smooth navigation

• Fast app loading and efficient multitasking

Cameras built for different photography styles

Both smartphones focus on high-quality photography, although they take slightly different approaches.

The OnePlus 15R combines a 50MP primary camera with an 8MP ultra-wide sensor and supports 4K recording at up to 120fps. It also includes a 32MP front camera for selfies and video calls.

According to early reports, the OnePlus 15s is expected to feature a dual 50MP rear camera setup, including a telephoto lens, along with a 50MP front camera. These specifications could appeal to buyers looking for higher-resolution selfies and more versatile portrait photography.

Camera highlights:

• OnePlus 15R: 50MP + 8MP rear cameras and 32MP front camera

• OnePlus 15s (expected): Dual 50MP rear cameras and 50MP front camera

• Optical Image Stabilisation on the primary camera

• 4K video recording support

Battery life and charging for busy schedules

Battery performance is another area where the two smartphones differ.

The OnePlus 15R packs a large 7,400mAh battery with 80W Super Charging, making it well suited for users who spend long hours away from a charger.

The expected OnePlus 15s is likely to feature a 6,500mAh battery with 80W SUPERVOOC charging. While the battery capacity is smaller, it is expected to complement the phone's compact design without compromising everyday usage.

Battery highlights:

• OnePlus 15R: 7,400mAh battery with 80W Super Charging

• OnePlus 15s (expected): 6,500mAh battery with 80W SUPERVOOC charging

• Fast charging support on both smartphones

Smart features for modern lifestyles

Both smartphones are expected to offer premium connectivity and security features. The OnePlus 15R includes Wi-Fi 7, Bluetooth 6.0, NFC, and an ultrasonic in-display fingerprint sensor.

The OnePlus 15s is also expected to support Wi-Fi 7, Bluetooth 6.0, NFC, IP69 protection, and several AI-powered features such as AI Translation, AI Call Assistant, AI VoiceScribe, AI Detail Boost, AI Unblur, and Google Gemini integration.

These capabilities are designed to improve productivity, communication, and content creation while supporting everyday convenience.

Pricing and variants

The OnePlus 15R is available in multiple storage configurations to suit different usage requirements.

• 12GB RAM + 256GB storage: Rs. 59,999 | Easy EMI from Rs. 4,000/month 

• 12GB RAM + 512GB storage: Rs. 64,999 | Easy EMI from Rs. 4,333/month 

The OnePlus 15s is expected to launch with 12GB RAM and 256GB storage, although official pricing has not yet been announced.

Buying OnePlus smartphones with Bajaj Finance

Customers planning to purchase eligible OnePlus smartphones can benefit from flexible payment options through Bajaj Finance.

• Visit the nearest Bajaj Finance partner store.

• Select the OnePlus smartphone variant you prefer.

• Check eligibility for Easy EMIs at checkout using a mobile number and OTP.

• Choose a flexible tenure between 3 and 60 months.

• Complete the purchase and take the new smartphone home the same day.

CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, ‘CA Grameen’), India’s leading rural-focused inclusive financing platform, today announced its unaudited and limited reviewed financial performance for the first quarter for the financial year 2026-2027. 

Business Highlights: Q1 FY27

• AUM grew 16.4% YoY from 26,055 crore to INR 30,319 crore

• Disbursements increased by 11.9% YoY from INR 5,458 crore to INR 6,107 crore

• Retail Finance portfolio share at 20.6% in Jun-26 Vs 18.1% in Mar-26

• Healthy new borrower addition of 2.5 lakh with 35% being New-to-Credit (NTC)

• Portfolio share of unique borrowers in Group Lending at 46% in Q1 FY27 Vs 36% in Q1 FY26

• PAR 0+ decreased from 3.0% in Q4 FY26 to 2.2% in Q1 FY27

• X-Bucket Collection Efficiency stood at 99.68% in June 26

• Branch network grew by 7.7% YoY from 2,114 in Jun-25 to 2,276 branches in Jun-26

• Employee base grew by 3.0% YoY from 21,333 to 21,981 with annualised quarterly attrition rate of 20.6%

Financial Highlights: Q1 FY27

• Total income increased by 21.9% YoY to INR 1,784 crore 

• Pre-provision operating profit (PPOP) increased 33.6 % YoY to INR 873 crore 

• Credit cost declined by 62.8% YoY to INR 212.5 crore or 0.72% on a non-annualized basis 

• Profit Before Tax (PBT) grew 713.7% YoY from INR 81.1 crore to INR 660.0 crore

• Profit After Tax (PAT) grew 719.7% YoY from INR 60.2 crore to INR 493.4 crore

• GNPA / NNPA measured at 60+ dpd (GL) stood 2.18% / 0.76%, with PAR 90+ of 1.46%

• Robust liquidity of INR 3,535.5 crore of cash, cash equivalents, and investments, 10.4% of the total assets

• Healthy capital position with a CRAR of 24.9% 

• Credit Rating: AA-/Stable by CRISIL, ICRA & India Rating

Commenting on the business performance, Mr. Ganesh Narayanan, Managing Director and Chief Executive Officer of CreditAccess Grameen Ltd, remarked, “The Company delivered a steady and disciplined performance in Q1 FY27. AUM grew 16.4% YoY to INR 30,319 crore, notwithstanding the typical Q1 seasonality and continued write-offs over the past 12 months. Retail Finance now constitutes 20.6% of AUM, up from 18.1% a quarter ago, driven by the graduation of long-vintage, credit-tested customers into secured, higher-ticket products, a trend that is expected to gain further momentum. During the quarter, we also completed a private NCD issuance of INR 425 crore, which further diversifies our liability base. Our overall funding profile remains healthy, with foreign borrowings at 23.9% of our liability mix and capital position remaining strong with CRAR at 24.9%.

Our asset quality metrics remained within our expected range through the quarter, supported by sustained collection efficiency across all operating geographies. Our continued ability to recover quickly, drove strong improvement in profitability, a trend now visible for the second consecutive quarter. We expect this trajectory to be sustained through the rest of the year helping achieve our FY27 performance guidance. Operating metrics continued to strengthen, with PPOP up 33.6% YoY to INR 873 crore, followed by 62.8% YoY decline in Credit Cost to INR 212 crore, resulting in a PAT of INR 493 crore, up 719.7% YoY. These outcomes lay a strong foundation to undertake 'Project Shakti,' our transformational journey anchored in the strength and resilience of the communities we serve.”

About CreditAccess Grameen Limited
CreditAccess Grameen Limited is India’s leading rural-focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 457 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,276 branches. The Company’s Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors.

Glomo becomes a Visa Principal Member at GIFT IFSC

As Visa’s Principal member, Glomo can process Visa powered card payments directly for merchants acquired on its platform, helping businesses operating across markets accept and settle international card payments through compliant infrastructure based at GIFT City. This will also result in greater control over transaction approval optimisation, fraud and risk monitoring, and enable native dispute and chargeback handling through Visa’s platform. The company has launched these capabilities through its direct merchant acquisition and technology integrations.

The direct acquiring arrangement is also expected to improve operational speed by significantly reducing the time typically required for merchant onboarding and payment processing through traditional banking channels. This faster turnaround, combined with direct access to Visa’s network, will benefit businesses such as exporters, AI and marketplace platforms, SaaS companies, financial services firms and institutions, education platforms, and enterprises serving customers across multiple countries. Glomo also plans to leverage its membership to strengthen its card infrastructure capabilities, including the development of issuing products.

Commenting on the announcement, Akash Arun, Founder and CEO, Glomo, said, “Cross-border card payments often pass through multiple intermediaries, which can create friction across settlement, transaction approvals, risk management and dispute handling. Becoming Visa’s Principal Member gives us direct control over these critical parts of the payment chain. For merchants, this can translate into more predictable settlement, improved control over payment performance and a more consistent experience as they expand across markets. It is also an important validation of the financial infrastructure being built at GIFT IFSC. Our focus now is to use this capability responsibly and help businesses move money across borders with greater transparency, efficiency and control.”

Rishi Chhabra, Country Manager, India, Visa, said, “We are pleased to welcome Glomo as a Principal Member of the Visa network. As Indian businesses expand across borders, trusted and secure payment infrastructure becomes critical to enabling commerce that is seamless, reliable and resilient. Visa’s global payments network, built on decades of trust, security and scale, will play a crucial role in supporting this evolution by helping merchants accept payments confidently, manage risk effectively and serve customers across markets. Glomo’s direct participation in the Visa network strengthens merchant acquiring capabilities from GIFT IFSC and expands access to secure, globally connected payment solutions for businesses with cross-border ambitions. We look forward to working with Glomo as it develops solutions for merchants and enterprises with international payment requirements.”

Visa’s Principal Membership further enables Glomo to manage the commercial and operational aspects of acquiring directly rather than processing transactions through another institution’s acquiring licence. This provides the company greater control over merchant onboarding, payment processing, settlement, risk policies and the overall merchant experience. It can also help reduce unnecessary foreign exchange conversion costs and limitations associated with intermediary-led processing.

The announcement comes at a time when more Indian businesses are expanding internationally and seeking a robust payment infrastructure that can seamlessly manage multiple currencies, banking systems and regulatory requirements. Glomo is committed toward building a unified financial platform that brings together global payment collection, payouts, treasury management, outward remittances, identity verification and compliance infrastructure for businesses operating across markets.

With a fund size of INR 7,250 crore, ESOF III is one of the largest performing credit funds in India. The Fund has now realized approximately INR 8,700 crore through successful exits of 15 of its 17 investments, demonstrating the strength of its investment strategy and execution capabilities.

The ESOF fund series provides flexible financing solutions to high-quality businesses, supporting a wide range of strategic requirements including acquisitions, growth capital, stake consolidation, refinancing, and other bespoke financing needs. The series target gross INR returns of 16-18 percent, and ESOF III remains on track to achieve its targeted performance.

Amit Agarwal, Chief Executive Officer, EAAA Alternatives, said, “ESOF strategy has demonstrated over last 15 years that attractive risk adjusted returns along with strong cash yields can be generated in performing credit in India. We have experience of successfully investing across multiple credit and business cycles over the past 15 years. 

This milestone for ESOF III fund is a testimony to our disciplined underwriting, structuring expertise and continued focus on asset monitoring. We now have successful exits in 15 of the 17 investments and balance portfolio is also on track to deliver the target returns.” 

EAAA Alternatives is currently deploying capital through the fourth vintage of the performing credit strategy, investing in high-quality corporates across sectors through customized financing solutions designed to support growth and create long-term value.

About EAAA India Alternatives
EAAA, the alternatives arm of Edelweiss, is one of the leading, multi-strategy asset management alternatives platforms in India, in terms of assets under management (Source: CARE Report) with more than 15 years of experience of managing long term patient capital. With an AUM of INR 72,706 crore the platform focuses on providing income and yield solutions to its diverse global and domestic investor base through its key business verticals, including Real Assets and Private Credit. Supported by a team of 270+ professionals, including 80+ investment experts and a dedicated asset operating and management team of 60+ members, we combine deep investment expertise with hands-on asset management capabilities to deliver long-term value for our investors.

EAAA Alternatives has offices in Mumbai, New Delhi, GIFT City and Singapore and on ground coverage through partners and relationship managers covering North America, Europe, Middle East, Japan, Australia and South Korea. 

 All figures as of March 31, 2026 

The transaction involved the issuance of pass-through certificates (PTCs) by “Micro-LAP Empower June 2026”, a special purpose vehicle trust set up exclusively for the transaction. The Series A1 PTCs of INR 43.4 million were fully subscribed to by DMI Housing Finance. The PTCs are backed by a pool of mortgage-backed loan receivables from 148 loan contracts originated by Shiksha Finance.

The Series A1 PTCs have been assigned a provisional rating of ICRA A- (SO), with the credit enhancement in the structure being in the form of (i) a CC (Cash collateral) of 11.00% of the initial pool principal provided by Shiksha Finance, (ii) subordination of 10.00% of the initial pool principal for Series A1 PTC, and iii) the EIS of 41.80% of the initial pool principal for Series A1 PTC.

The PTC transaction with DMI Housing Finance is the third in a series of similar transactions concluded by Shiksha Finance. With this transaction, Shiksha has cumulatively raised over INR 200 million through the securitisation route. The rating of PTCs from the previous two transactions has been maintained at A- (SO) by ICRA after their annual review.

“The transaction with DMI Housing Finance is an important one for us at Shiksha, as this adds a new investor and a new class of investors to our list of supporters and stakeholders,” said Mr V L Ramakrishnan, CEO of Shiksha Finance. “We see PTCs and direct assignments as significant avenues for debt fundraise and treasury management in the future.”

About Shiksha Finance

Shiksha Finance provides secured (mortgage-backed) loans to micro, small and medium enterprises (MSMEs) and to informal sector workers. As of June 2026, Shiksha operates in two southern states of Tamil Nadu and Andhra Pradesh with 19 branches with total outstanding portfolio of INR 742.1 million under the micro-LAP product. Shiksha believes that the micro-loan against property (micro-LAP) product enables access to finance for MSMEs by unlocking the value of their residential property. Shiksha has funded nearly 2500 underbanked entrepreneurs and informal workers since launching the product. By providing micro-loan against property (micro-LAP) loans to eligible borrowers, Shiksha Finance enables borrowers to increase their income, driving higher business accruals and structurally enhancing their credit profiles.

C. B. Jisso Emerges as a Prominent Voice in NCUI

Under C.B. Jisso's leadership, Malankara Credit Society has grown into one of South India's leading Multi-state Cooperative Credit Societies, serving over 1.70 lakh members with a business turnover exceeding INR 1,300 Crore across Kerala, Tamil Nadu, and Karnataka. The society has consistently achieved profitable growth while ensuring regular dividends to its members.

Malankara has also pioneered several industry-first initiatives. It became the first Credit Society in Kerala to obtain membership in the International Cooperative Alliance (ICA), placing it on the global Cooperative map. The Society introduced Kerala's first 24×7 Cooperative branch, setting new benchmarks in member service. It was also the first Cooperative Credit Society in India to introduce a Brand ambassador, bringing a fresh and professional approach to Cooperative branding and public engagement. Another landmark initiative was the launch of Diamond Loans, a first-of-its-kind offering in the Indian Cooperative Credit Society sector, reflecting the institution's commitment to innovation and customer-centric financial solutions.

Industry experts believe that these initiatives have inspired several Cooperative institutions across South India to embrace modernization while preserving the core values of cooperation, transparency, and member welfare. Malankara is increasingly viewed as a benchmark for professionally managed Cooperative institutions.

Observers also point to C.B. Jisso's vision for the cooperative sector, which emphasizes stronger national representation for Cooperatives, digital transformation, improved asset quality through responsible lending, leadership development, collaboration among Cooperative institutions, and policy advocacy to create a more enabling environment for sustainable growth.

With the NCUI election scheduled for tomorrow, many within the Cooperative fraternity believe C.B. Jisso's proven leadership, innovative outlook, and institution-building achievements place him in a strong position. While the final decision rests with the electorate, there is growing confidence that his contribution to strengthening the cooperative movement in South India has earned him widespread goodwill and support.

Regardless of the election outcome, C.B. Jisso's leadership and Malankara Credit Society's pioneering initiatives continue to inspire Cooperative institutions across the country, reinforcing the role of innovation, professionalism, and member-centric governance in shaping the future of India's Cooperative movement.

Understand RBI's New Gold Loan LTV Rules

From April 1, 2026, revised RBI norms introduced a tier-based Loan-to-Value (LTV) structure for lending against gold collateral. Earlier, lenders largely operated under a uniform 75% ceiling across loan categories. The updated framework now links the permissible LTV ratio to the sanctioned loan amount, allowing smaller-ticket borrowers to access comparatively higher funding while retaining broader regulatory safeguards within the lending system. For everyday financial decision-makers, understanding these new tiers is the very first step toward optimizing asset leverage. 

Decoding the 2026 Tiered LTV Framework
The Loan-to-Value (LTV) ratio determines the maximum percentage of an asset's market value that a lender can issue as a principal amount. The 2026 regulatory overhaul recognized that small-ticket borrowers require maximum liquidity without the burden of heavy documentation. 

Here is how the new regulatory structure classifies a standard gold loan:

Under the previous regime, a borrower pledging an asset base could access a maximum of 75% of its value across the board. Today, a retail borrower needing exactly INR 200,000 can secure it with significantly less collateral, thanks to the new 85% slab. Furthermore, the revised framework eased credit appraisal requirements for eligible loans below INR 2.5 lakh, reducing documentation requirements for many borrowers. 

The Math Behind the Disbursement
To accurately project cash disbursements, one must look beyond simple gross weight. The true metric relies on the net weight of the metal—explicitly excluding stones, enamel, wax, and heavy fastening threads—benchmarked against a standard 22-carat purity level.

When prospective borrowers utilize a reliable gold loan calculator, the algorithm factors in this precise net weight alongside the gold rate today to output a legally compliant, eligible limit. It is crucial to note that lenders do not use live, intraday spot prices. Instead, the gold rate today utilized for underwriting is calculated based on the lower of the previous day’s closing price or a 30-day average. This standardized valuation methodology prevents sudden, short-term market volatility from falsely inflating, or unfairly deflating, a borrower’s credit limit.

Why Institutional Reliability Matters
Getting approval for that top-tier 85% LTV might sound excellent in theory, but high percentages only benefit the borrower if the underlying asset valuation is honest and transparent. Navigating these updated regulatory waters requires an entity with a robust, highly compliant infrastructure.

Approaching a legacy financial institution like Muthoot Finance ensures that these strict RBI appraisal mandates are executed seamlessly. Furthermore, institutions like Muthoot Finance act as a highly reliable partner for borrowers because they possess the internal capacity and digital infrastructure to process the new under-INR 2.5 lakh, zero-income-proof applications rapidly. This efficiency turns the promise of emergency liquidity into an immediate reality, free from arbitrary delays. 

Crucial Safeguards for the Smart Borrower
Secured credit requires a strategic mindset. The revised regulations increase access to secured funding, while also introducing stricter operational requirements and monitoring standards for lenders. As a result, understanding a few important borrowing conditions before completing the loan process becomes equally important: 

• Mind the Buffer: An 85% LTV leaves a substantially narrower margin for error for the lender. If a borrower opts for a lump-sum bullet repayment structure and fails to track the accrued gold loan interest rate, the total outstanding balance can quickly breach the asset's total value, risking a swift margin call or auction notice. 

• Evaluate Repayment Structures: The 2026 framework strictly caps consumption loans featuring bullet repayments at a 12-month tenure. If you anticipate requiring more than a year to clear the principal, opt for structured EMI-based payments. EMI plans are not bound by the same rigid 12-month restriction, making it easier to manage the ongoing gold loan interest rate without facing a sudden cash crunch. 

• The 7-Day Return: Empower yourself with the knowledge of collateral return timelines. The RBI now strictly mandates that lenders must return pledged items within exactly 7 working days of final account closure. Any institutional delay triggers a INR 5,000 daily penalty payable directly to the borrower. The revised framework also outlines timelines for collateral return after loan closure, along with compensation provisions in cases of undue delays. 

• Demand the Key Fact Statement (KFS): Never sign an agreement without reviewing the KFS. This standardized document strips away marketing jargon and explicitly lists the Annual Percentage Rate (APR), processing fees, and exact valuation charges.

Take Confident Action
The April 2026 regulatory updates have effectively democratized secured lending, granting smaller borrowers unprecedented access to capital on fairer terms. By standardizing valuations and increasing the LTV for small-ticket requirements, the central bank has made asset-backed financing safer, faster, and far more lucrative for the everyday individual.

Short-term funding gaps can often be managed more efficiently through properly structured secured lending. Evaluate your immediate financial requirements, utilize a trusted gold loan calculator to run your specific numbers in private, and consult with a regulated lender to lock in your funds while macroeconomic conditions remain favorable. Plan your next financial move confidently and ensure your assets are actively working to support your future.

L-R: Nitin Jain, Chairman & MD, Neo Group, Shajikumar Devakar, Co-Founder & CEO, Neo Wealth, Puneet Jain, Co-Founder & CIO, Neo Asset, Varun Bajpai, Co-Founder, Neo Group, Hemant Daga, Co-Founder & CEO, Neo Asset

Neo Group has built a differentiated and institutionalised Wealth and Asset Management platform in India. With nearly INR 3,000 Crore of equity capital, approximately INR 1,30,000 Crore of total client assets, and INR 50,000 Crore of annualised recurring revenue (ARR) assets, the platform today operates across 30+ cities through a team of over 850 professionals – including 150+ of the most respected senior Wealth Advisors in the country, drawn exclusively from the highest tiers of leading global private banking institutions.

Neo Group is a uniquely knowledge-driven, super specialised platform, with an unparalleled depth of management in the wealth and asset management industry, anchored in a hi-trust, hi-touch, hi-tech model. 

Neo’s wealth management advisory franchise combines deep investment expertise with a cutting-edge technology platform, ensuring clients have direct access to seasoned specialists with decades of experience in their respective fields. Their asset management platform complements this with a dedicated team of exceptional fund managers delivering strong performance across alternative investment strategies – Private Credit, Infrastructure, and Private Equity. This is precisely the kind of institution that India's rapidly expanding base of wealth creators demands.

Commenting on the development, Nitin Jain, Chairman & Managing Director, Neo Group, said, "Our objective has always been to build an enduring institution with strong governance, disciplined capital allocation, and client-first alignment. This fundraise gives us the capital and long-term partnership to keep building for the future – investing in talent, technology, and new product capabilities as we expand our presence across India."

“We have believed in Neo’s vision from the early days, and continue to be impressed by the strength of the platform Nitin and the team are building. As India’s wealth management market evolves and demand for more sophisticated financial solutions grows, Neo stands out for its deep advisory talent, institutional approach, and strong client alignment. The scale they have built in a short span reflects both strong execution and the opportunity ahead. We’re excited to deepen our partnership as they continue building for the long term,” said Sakshi Chopra, MD, Peak XV Partners. 

Peak XV's latest commitment follows TVS Capital's recent INR 550 Crore investment in Neo Group – together reflecting the sustained and growing conviction of India's most discerning institutional investors in the platform. With the foundations of an enduring institution firmly in place, Neo Group now enters its next substantial stage of growth.

About Neo Group 

Neo is an integrated wealth and asset management platform serving family offices, ultra-high-net-worth individuals, high-net-worth individuals, institutions and corporates. The Group manages approximately INR 1,30,000 crore in total client assets across Assets Under Advice and Assets Under Management (as of June 30, 2026). Headquartered in Mumbai, Neo has a presence across key locations in India, including Delhi, Bengaluru, Hyderabad, Chennai, Goa and Jaipur, as well as an overseas presence in the United States. The Group has a team of more than 850 professionals. Neo offers capabilities across wealth management, asset management, private markets, fixed income, global investments, insurance, and estate planning.

For more information, please visit www.neo.group.

Bajaj Finance Personal Loan
 

Eligible customers who successfully receive a Bajaj Finance Personal Loan during the Loan Fest period may receive a complimentary voucher bundle.
 

Rewards available during loan fest

Eligible customers will receive an exclusive reward bundle on successful loan disbursal that includes:

• Zee 5, Sony Liv & 14 other OTTs – 6 months free membership

• JioHotstar membership – 3 months

• Free 3-month Zomato Gold Membership

• Free 3-month JioSaavn Pro

• Free 45 Day Gaana membership

• Free 40+ Vouchers
   

The reward bundle will be offered upon successful loan disbursal and is subject to customer eligibility and applicable terms and conditions.
 

Why choose Bajaj Finance Personal Loan?

Bajaj Finance continues to be a trusted provider of unsecured personal loans with a seamless application process. Key features include:

• Loan amount ranging from Rs. 40,000 to Rs. 55 lakh

• Interest rates ranging from 10% to 30% per annum

• Quick approval based on eligibility

• Funds disbursed within 24 hours*

• Flexible repayment tenure ranging from 12 months to 108 months

• Minimal documentation

• No collateral required

• Fully digital application process
   

During Loan Fest, these benefits are complemented by an exclusive reward bundle, making the borrowing experience even more rewarding.
 

Estimate your EMIs before you apply

Applicants can use the personal loan EMI calculator available on the Bajaj Finance website before applying for a loan. The calculator helps applicants:

• Estimate monthly EMIs based on the loan amount, interest rate, and repayment tenure

• Compare different repayment options

• Select a repayment plan that suits their monthly budget

• Make informed borrowing decisions with greater confidence
   

How to apply for a Bajaj Finance Personal Loan during loan fest

Applying for a Bajaj Finance Personal Loan is simple:

1. Visit the website: Customers begin by visiting the Bajaj Finance website and navigating to the Personal Loan page.

2. Check loan eligibility: Customers enter the required loan amount and select the preferred repayment tenure. They then click "CHECK LOAN OFFER".

3. Enter personal details: Customers provide their personal, financial, and employment details to receive a personalised loan offer.

4. Review the loan offer: Customers review the available loan offer and may adjust the loan amount or repayment tenure based on their requirements.

5. Complete KYC verification: Customers complete the KYC process and verify their bank account details to facilitate disbursal.

6. Application assessment: The application is submitted for assessment, following which a loan specialist contacts the customer regarding the next steps in the process.

Eligible customers may receive funds within 24 hours* after approval and successful verification.
 

A rewarding borrowing experience

Whether the requirement is for home renovation, education, travel, medical expenses, or any other planned or unexpected expense, the Bajaj Finance Personal Loan provides quick access to funds without collateral. During Loan Fest, eligible customers can also enjoy an exclusive bundle of entertainment, dining, music, and shopping benefits, making successful loan disbursal even more rewarding.
 

Terms and conditions apply*
 

About Bajaj Finance Limited

Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

Highlights of L&T Finance Ltd.'s financial performance in Q1FY27

The Company’s customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 2.5 Crore downloads as of June 30, 2026, comprising more than 20 Lakh customers on the Rural side. As of June 30, 2026, this channel has done collections of over Rs. 11,500 Crore while servicing over 14 Crore requests and has sourced loans of around Rs. 34,462 Crore. Additionally, the Company’s Partner PLANET app continues to strengthen digital engagement with its dealer network. As of June 30, 2026, the platform has onboarded over 4,400 dealers, facilitated more than 51,000 logins, and enabled trade advance (TA) withdrawals of over Rs. 590 Crore.

Commenting on the financial results Mr. Sudipta Roy, Managing Director & CEO, LTF, said, “Q1FY27 was another quarter where we remained focused on disciplined execution amidst an evolving macroeconomic environment marked by geopolitical uncertainties, inflationary pressures and elevated borrowing costs. Despite these external factors, our diversified retail franchise continued to demonstrate resilience, delivering strong business momentum and healthy book growth in line with the goals of our Lakshya 31 strategic plan. Our consistent investments in technology, analytics and AI continue to be a key differentiator, both in terms of customer experience as well as credit outcomes. In our bid to transform into an AI-native organization, we are increasingly embedding our proprietary AI ecosystem across the entire lending stack from sourcing and underwriting through our in-house AI credit engine ‘Project Cyclops’ to portfolio monitoring through ‘Project Nostradamus’ and our expanding suite of in-house developed AI co-pilots and agents. These capabilities are enabling superior credit selection, improved customer experience, faster turnaround times and enhanced operating efficiencies, while strengthening the quality and sustainability of our growth.

The economy continues to exhibit resilience, supported by healthy government spending, improving infrastructure and sustained consumption trends. We are also pleased to note that our Rural Business Finance vertical has resumed its growth trajectory, with healthy business parameters across new customer acquisition, disbursement growth and collection efficiencies.

As we embark on the first full year of our Lakshya 31 journey, our focus remains on delivering consistent, profitable and high-quality growth. We will continue to invest in innovation, strengthen our distribution capabilities and enhance customer experience as we build a future-ready, AI-native financial institution that will be resilient across economic cycles.”

Key Highlights:

Building a diversified retail franchise:

Rural Business Finance:

Book size up 22% YoY to Rs. 32,493 Crore vs. Rs. 26,616 Crore in the quarter ended June 30, 2025 (Q1FY26). Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 6,961 Crore vs. Rs. 5,618 Crore, up 24% YoY.

Farmer Finance:

Book size up 11% YoY to Rs. 17,514 Crore vs. Rs. 15,756 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 2,453 Crore vs. Rs. 2,200 Crore, up 11% YoY.

Two-wheeler Finance:

Book size up 22% YoY to Rs. 15,068 Crore vs. Rs. 12,331 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 3,006 Crore vs. Rs. 2,128 Crore, up 41% YoY.

Personal Loans:

Book size up 80% YoY to Rs. 16,917 Crore vs. Rs. 9,383 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 4,380 Crore vs. Rs. 1,942 Crore, up 126% YoY.

Housing Loans and Loan Against Property (LAP):

Book size up 20% YoY to Rs. 31,630 Crore in Q1FY27 vs. Rs. 26,464 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 3,401 Crore vs. Rs. 2,780 Crore, up 22% YoY.

SME Finance:

Book size up 28% YoY to Rs. 8,884 Crore in Q1FY27 vs. Rs. 6,964 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs.1,567 Crore vs. Rs. 1,273 Crore, up 23% YoY.

Gold Finance:

Book size up 182% YoY to Rs. 3,829 Crore in Q1FY27 vs. Rs. 1,360 Crore in Q1FY26. Quarterly disbursements for the quarter ended June 30, 2026, at Rs. 1,928 Crore vs. Rs. 1,530 Crore, up 26% YoY.

About L&T Finance Ltd. (LTF)

L&T Finance Ltd. (LTF) ( www.LTFINANCE.com ), is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ — the highest credit rating — by four leading domestic rating agencies. In August 2025, S&P Global Ratings upgraded LTF long-term Issuer Credit Rating to “BBB/Stable” from “BBB-/Positive” and short-term issuer credit rating to “A-2” from “A-3”. Fitch Ratings has affirmed LTF Long-Term Foreign and Local-Currency Issuer Default Ratings of “BBB-” with a Stable outlook. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on transforming into a Risk-first, Technology-first, AI-native Retail financial services institution as part of the Lakshya 2031 strategic plan. The Company has over 2.9 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

X: x.com/LnTFinance

Facebook: www.facebook.com/LnTFS

Linkedin: www.linkedin.com/company/lntfinance

Instagram: www.instagram.com/lntfinance

YouTube: www.youtube.com/user/ltfinance

Union Bank of India Engages Leegality's Consentin for DPDP Compliance

The DPDP Act (Digital Personal Data Protection Act, 2023) is a new data protection law that strictly regulates how businesses in India can collect, process and use customer data. The Act and accompanying rules have a compliance deadline of May 13, 2027. Every business that handles personal data in India will soon be required to implement systems for consent, data processing, and governance.

Banks handle large volumes of sensitive financial and personal data, making early action on the DPDP Act especially important for the sector. With the compliance deadline approaching, banks are increasingly expected to have their consent and data governance systems ready well ahead of time.

The engagement has already shown initial results, with Cookie Consent being successfully implemented on Union Bank of India’s Corporate Website. Cookies are small files stored by a visitor's browser to remember preferences and track behaviour and under the DPDP Act, they can only be set after a visitor gives clear, informed consent. With the DPDP deadline approaching, businesses across India are now racing to ensure that cookie practices are compliant - making it an early and visible marker of a company's broader compliance efforts.

The implementation of Consent Management and Data Discovery capabilities is currently underway across the Bank’s applications to support its broader data privacy and compliance initiatives. 

Consentin consolidates all of an enterprise's DPDP needs - spanning consent management, privacy notices, data retention and withdrawal, cookie compliance, privacy assessments, third-party risk management, and regulatory breach reporting - into a single, easy-to-use platform. A unified dashboard gives compliance teams complete visibility into consent status and data flows across the organisation. It can be deployed on-prem or as a SaaS solution, depending on the enterprise's infrastructure.

"We're proud to be trusted by an institution of Union Bank of India's scale with its DPDP compliance foundation," said Shivam Singla, CEO, Leegality. "We believe their move will help set the pace for how the wider banking sector approaches privacy compliance." 

About Consentin

Consentin is a DPDP compliance platform, developed by Leegality, built to meet the full spectrum of privacy compliance needs for Indian enterprises through one unified, secure platform.

Leegality is a document infrastructure platform that is used by more than 5000 Indian companies to build paperless workflows for agreements, forms and other legal documents. Every year, Leegality processes over 50 million eSigns and 3 million eStamps.

About Union Bank of India

Union Bank of India is one of the country's leading public sector banks, headquartered in Mumbai and established on November 11, 1919. Today, Union Bank operates a network of 8,675+ domestic branches, 8,650+ ATMs, 73,600+ employees and 26,000+ BC Points with a total business of Rs. 23.85 Lakh Crore.

Bank of Maharashtra launches FinSpark’26, a national cybersecurity hackathon for students to solve real banking security challenges and win Rs. 10 lakh+ rewards
 

With the theme “Securing the Future of Banking,” FinSpark’26 is designed to bring together young technology minds, cybersecurity enthusiasts and problem-solvers to build innovative ideas that can strengthen digital banking security, fraud prevention, cyber resilience and customer trust.

The hackathon invites participants to register, choose a problem statement, build individually or with a team, and compete for national recognition. The initiative offers a Rs. 10+ Lakh Prize Pool*, with the Top 20 teams getting an opportunity to present their solutions at the Grand Finale at COEP Technological University, Pune. Winning teams will also get an Opportunity to Showcase at Global FinTech Fest 2026*, subject to applicable terms and conditions.

FinSpark’26 focuses on mission-critical areas of banking cybersecurity, including insider threat detection, privileged access misuse, AI-driven correlation of cybersecurity telemetry, transaction behaviour analysis, fraud prevention and proactive threat identification. Through this initiative, Bank of Maharashtra aims to encourage practical, scalable and secure solutions that can support the evolving needs of the banking industry.

The hackathon features two cybersecurity-led problem statements. The first is Privileged Access Misuse & Insider Threat Detection, where participants are encouraged to build solutions that can detect misuse of privileged accounts, identify insider threats, study behavioural patterns and support risk-based access control. The second is AI-Driven Correlation of Cybersecurity Telemetry & Transactional Behaviour, where participants can explore how cybersecurity signals and transaction behaviour can be connected to detect anomalies, fraud patterns, suspicious activity and potential threats more effectively.

Participants can register individually or in teams of up to four members. They are expected to select a problem statement, develop a structured idea or prototype, and submit their solution for evaluation. Submissions will be assessed on parameters such as business potential and relevance, security considerations, uniqueness of approach, user experience, scalability, and ease of development and maintenance.

Beyond competition, FinSpark’26 is designed as a learning and innovation platform. Participants will get exposure to real-world banking challenges, mentoring support, national-level recognition and the opportunity to refine their ideas through the hackathon journey. The Top 20 teams shortlisted for the Grand Finale will present their solutions before experts from relevant domains, with a focus on identifying ideas that are practical, secure and relevant to the future of digital banking.

Speaking about the initiative, Bank of Maharashtra said, “Cybersecurity is one of the most important pillars of modern banking. Through FinSpark’26, Bank of Maharashtra aims to encourage young innovators to think deeply about real banking security challenges and build solutions that can contribute to a safer and more resilient digital banking ecosystem. This initiative reflects our commitment to innovation, technology adoption and nurturing future-ready talent.”

FinSpark’26 is open to students and dropouts across India who are interested in cybersecurity, technology, AI, data, fraud prevention, secure digital banking and innovation.

Participants can register for FinSpark’26 at: www.finsparkhackathon.com/auth/register.

PB Pass provides access to a global network of over 1,800 airport lounges & travel experiences across more than 800 domestic and international airports

Designed to reward customer engagement and foster platform loyalty, PB Pass will be offered to select customers who pay their credit card bills through the Paisabazaar app. Every credit card bill payment will provide an opportunity to participate in a “Spin the Wheel” contest, with selected winners receiving a complimentary PB Pass each month. 

In addition, PB Pass will be offered as an assured benefit for customers who apply for a new credit card through Paisabazaar. Eligible users can unlock a complimentary PB Pass upon activating their new card and making their first credit card bill payment through the Paisabazaar app.

Each PB Pass offers seamless access to an airport lounge or a travel experience within the LoungeKey network, a digital travel experiences programme operated by Collinson International (owner and operator of Priority Pass). Access is enabled via a QR code, without the need for additional memberships or registrations. Participating airport experiences include the newly opened Travel Club Lounge at Thailand’s Don Mueang International Airport, Kyra Lounge near gate 40 at Hong Kong International Airport, Rose Lounge at Vietnam’s Tan Son Nhat International Airport, among others.

Santosh Agarwal, CEO, Paisabazaar, said, "At Paisabazaar, we are focused on delivering value beyond acquisition, and building deeper engagement across the customer lifecycle. PB Pass is a key step in that direction. Airport lounge access continues to be one of the most valued travel benefits for credit card users, and through PB Pass, we are making this experience more accessible, rewarding and convenient. Backed by LoungeKey’s global network of airport lounges and travel experiences, PB Pass enables us to offer a differentiated benefit that our customers can continue to enjoy as they engage with the Paisabazaar platform.”

Rom Remy, Managing Director for South and Southeast Asia, Collinson International said, “Travel demand in India continues to gain strong momentum, with consumers placing increasing importance on travel-focused benefits such as airport lounge access. Our research shows that 81% of travellers in India believe access to airport lounges and travel experiences enhances their journey. We are delighted to partner with Paisabazaar to elevate the travel experiences of their customers through our LoungeKey network, and we look forward to welcoming them to our network of airport lounge and travel experiences worldwide.”

While airport lounge access remains one of the most valued benefits associated with credit cards, it is often subject to card-specific eligibility criteria, spending thresholds and visit caps, making the experience complex for many consumers. PB Pass provides an additional way to access airport lounges and travel experiences through a simple QR code-based journey and broad network coverage, complementing the travel benefits already available on credit cards. 

For more on PB Pass: www.paisabazaar.com/cards/pb-pass.

About Paisabazaar

Paisabazaar, a part of PB Fintech (listed since 2021), is India’s leading marketplace for financial products and a free credit score platform. Over the last 12+ years, Paisabazaar has earned the trust and goodwill of over 58 million consumers from 850 cities and towns across India. Paisabazaar has built wide and deep partnerships across the ecosystem, to offer a broad range of financial products, ranging from loans and cards to investments and savings along with bill payments and mobile recharge. The platform also enables consumers to check their free credit score from all 4 CICs (Credit Bureaus) in India. Paisabazaar is an ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

About LoungeKey

LoungeKey™ is a digital travel experiences programme providing cardholders from participating issuers with swift and secure access to airport lounges, dining, retail offers, spa offers and more – using their existing payment card or smartphone. 

The programme provides access to over 1,800 airport lounges and travel experiences at over 856 airports across the world. Customers simply use a payment card or a QR code within the LoungeKey app, as a mechanism to gain swift lounge entry, redeem offers and more. 

LoungeKey is operated by Collinson International, the global, privately-owned company dedicated to helping the world travel with ease and confidence. For over 35 years, Collinson has worked with the world’s leading payment networks, over 1,400 banks, 90 airlines and 20 hotel groups worldwide to deliver market-leading airport experiences, loyalty and customer engagement, and insurance solutions for over 400 million end consumers. 

For more details, please visit www.loungekey.com

Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan

The ceremony culminated with President Japarov symbolically activating a geotag-shaped switch, thus putting Tamchy SFIT, quite literally, on the global financial map.
 

“Changes in the global economy are driving demand for new centers of business activity where international standards are supported by true freedom of innovation and long-term investment. Tamchy SFIT is our national project and our response to the needs of international businesses. We are building a financial center from scratch with an independent court, a modern regulator, and rules that won’t change with shifting trends.I have no doubt that Tamchy SFIT will open a new chapter in the history of Kyrgyzstan,” said President Japarov

SFIT "Tamchy": Why the State is Changing the Rules for Business

YouTube link: www.youtube.com/watch?v=-XMkTreU11M

Operating on the principles of English common law, Tamchy SFIT has its own financial regulator, an International Dispute Resolution Centre, and a single-window digital registrar. A special tax regime guarantees a 0% rate of tax on profits, dividends, capital gains, and VAT for 49 years and allows 100% foreign ownership and unrestricted profit repatriation.

Covering an area of about 6,000 ha, Tamchy SFIT can already boast a fully operational business center, while hotels and residential buildings are under construction. Issyk-Kul International Airport is within walking distance.

“Great financial centres are built by understanding what international capital and businesses require. Tamchy SFIT offers exactly that — a trusted, flexible, and investor-ready platform for businesses seeking sustainable growth. Benchmarked to international gold standards, grounded in English common law, and positioned at the intersection of five EAEU economies and the Eurasian corridor, it offers a jurisdiction that is neutral, independent, and built to last,” said Ali Ijaz Ahmad, First Deputy Chairman of the Tamchy SFIT Management Council.

One of the first executives who decided to set up in Tamchy SFIT was Seo Dong Hyun, CEO of Serim.

“Over the past thirty years of investing in the semiconductor industry, high technology, and energy, I have come to appreciate that legal certainty and trust in the regulatory system are the foundation of long-term investment. These are the very principles on which the Tamchy SFIT was established. What is particularly remarkable is that a project of this scale was delivered in just one year—faster than in any other jurisdiction I know. Today, I registered my family holding company here. For me, this is not an investment for years, but for generations,” he said.

By 2035, Tamchy aims to attract around 4,000 resident companies and create over 10,000 jobs. The expected contribution of Tamchy to the country’s economy between 2026 and 2035 is estimated at USD 20 bn.

Natixis Corporate & Investment Banking (Natixis CIB) is pleased to announce the appointment of Luc Bernard as Chief Executive Officer, Natixis Services in India.

Luc reports to Cecile de Sousa, Chief Operating Officer, Asia Pacific & Middle East, Natixis CIB and Etienne Huret, Head of Portugal and India Hubs, Natixis.
 

Luc Bernard - Natixis

He brings to the role nearly two decades of experience in Global Capability Center management and offshoring strategies, entrepreneurship, delivery, software engineering, financial markets, architecture, data, digital transformation and innovation.
 

Luc was instrumental in establishing Natixis Services in India, Natixis CIB's technology and innovation hub in Bangalore. He previously held the position of Executive Director and Head of CIB Operations and IT and served on the Board of Directors at Natixis Services in India from 2021 until 2025. He then transitioned to Natixis Investment Managers in Paris, where he has been serving as Head of IT Production until his current appointment. Prior to joining the IT team at Natixis CIB in 2014, Luc gained experience as a Software Developer at Société Générale and Partners Advisers SA. He holds a Master's degree in Electronic Engineering from Ecole Nationale d'Ingénieurs de Brest and an Executive MBA from HEC Paris.
 

In his new role as Chief Executive Officer, Luc will support the growth of Natixis Services in India and strengthen its integration within Natixis's global processes.
 

Cecile de Sousa said, "It is with great pleasure that we welcome Luc back to Bangalore to lead our India center of expertise as it celebrates its five-year anniversary. He has been pivotal in setting up this crucial operation, and spearheading technology-driven transformation and process optimization. Luc's extensive knowledge of our internal processes, coupled with his proven track record in India, positions him perfectly to assume the leadership responsibilities of Natixis Services in India."
 

Etienne Huret said, "Luc's appointment is a key milestone in our commitment to further developing Bangalore as a critical hub for the Groupe BPCE and Natixis businesses. I look forward to working with him closely as we continue to grow synergies between our Portugal and India hubs and collaborate closely with the Group on strategic initiatives."

Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
 

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.
 

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks, Natixis CIB benefits from the Group's financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A2, Fitch Ratings: A+, R&I: A+).

About Natixis Services in India
Natixis Services in India is a Center of Expertise for Groupe BPCE, a banking group of French origin, and its subsidiary, Natixis. Natixis Services in India delivers operational excellence and agile solutions by leveraging advanced technologies to address challenges in the banking industry. Natixis Services in India's focus is on enhancing the client experience, mitigating risks, and strengthening competitive positioning. The team is committed to enriching career development opportunities within an inclusive and dynamic work environment.

Aakash Jain, CFO, Finkurve Financial Services Limited (Arvog)

The capital raised will be utilised to accelerate the Company's growth strategy by expanding its lending business, strengthening its operational footprint, enhancing its technology-driven platform, and deepening its presence across existing and new markets. The investment will also support business expansion, strengthen the Company's capital base, and enable it to serve a larger customer base through innovative and accessible financial solutions.

This investment marks another significant milestone in Finkurve's growth journey and builds on the Company's previous successful fundraises. It reflects continued investor confidence in Finkurve's strong business fundamentals, prudent risk management practices, and long-term growth strategy as the Company continues to scale its operations across India.

Commenting on the development, Aakash Jain, CFO, Finkurve Financial Services Limited (Arvog) stated, "Welcoming an institution of this stature is a strong endorsement of the trust we have built through consistent execution, prudent financial management, and a disciplined approach to lending. It reflects the strength of our platform, underpinned by robust governance, sound risk management, and a long-term value creation mindset."

Further to its previously announced strategic partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capital, Finkurve Financial Services Limited has operationalized the co-lending arrangement, enabling both entities to jointly offer gold loan products under the Reserve Bank of India's co-lending framework. 

About Finkurve Financial Services Limited (Arvog)
Finkurve started its gold loan journey in FY21, Finkurve has since served over 50,000 customers through a network of 115+ branches across four states in Southern India. It’s slowly positioning itself as a leading gold loan NBFC. The Company also offers personal loans and SME loans, expanding its financial solutions through partnerships with fintech companies.

With a growing presence across India, Finkurve remains committed to providing accessible, technology-driven financial services to a broad customer base.
 
For more details, please visit www.arvog.com

Bajaj Finance Personal Loan
 

The Bajaj Finance Personal Loan is designed to support both planned and unexpected expenses. Whether customers need funds for home renovation, higher education, travel, wedding expenses or medical emergencies, the loan offers a simple application process, quick approval, and minimal documentation.
 

Bajaj Finance Personal Loan now offers a repayment period of up to 108 months

The latest enhancement allows eligible customers to choose a repayment tenure ranging from 12 months to 108 months. This wider repayment range gives borrowers more flexibility when selecting an EMI that fits their monthly budget.
 

A longer tenure can help reduce monthly repayment obligations, making it easier to manage finances without compromising other financial commitments. Customers can choose a repayment period based on their borrowing needs and repayment capacity.
 

Why does the extended repayment tenure matter?

The extended tenure supports better financial planning, particularly for customers borrowing higher loan amounts. Instead of opting for a shorter repayment schedule with higher EMIs, eligible borrowers can spread repayments over a longer period.

This flexibility may help customers:

• Manage monthly cash flow more effectively.

• Plan large expenses with greater confidence.

• Choose an EMI that aligns with their financial goals.

• Reduce repayment pressure through a longer tenure.
   

The Bajaj Finance Personal Loan provides customers with options that can be tailored to different financial situations while maintaining a straightforward borrowing experience.
 

Who can benefit from the Bajaj Finance Personal Loan?

The Bajaj Finance Personal Loan is suitable for salaried and self-employed individuals who require funds for significant personal expenses.

Customers may consider the loan for:

• Medical emergencies.

• Home renovation or repairs.

• Wedding expenses.

• Higher education.

• Travel and holidays.

• Other planned personal expenses.
   

With loan amounts ranging from Rs. 40,000 to Rs. 55 lakh, customers can select an amount that matches their financial requirements.
 

What is the Bajaj Finance Personal Loan interest rate?

The personal loan interest rate for the Bajaj Finance Personal Loan starts from 10% per annum and can go up to 30% per annum, depending on factors such as customer profile, eligibility, credit assessment, and other applicable lending criteria.
 

The loan is unsecured, which means customers are not required to provide collateral or pledge assets while applying.
 

How does the application process work?

The Bajaj Finance Personal Loan application process has been designed to be simple and convenient.

Eligible customers can apply online by completing a few straightforward steps:
 

1. Check loan eligibility: Customers can enter the required loan amount and select the preferred repayment tenure. They can then click "CHECK LOAN OFFER" to view available loan offers.

2. Enter personal details: Customers need to provide their personal, financial, and employment details to receive a personalised loan offer.

3. Review the loan offer: Customers can review the loan offer and adjust the loan amount or repayment tenure, if available, to suit their financial needs.

4. Complete KYC verification: Customers are required to complete the KYC process and verify their bank account details to facilitate loan disbursal.

5. Application review: Once the application is submitted, a Bajaj Finance representative will contact the customer to guide them through the next steps in the loan application process.

Key features of the Bajaj Finance Personal Loan

The Bajaj Finance Personal Loan includes several features that support different borrowing needs.

• Loan amount from Rs. 40,000 to Rs. 55 lakh.

• Repayment tenure from 12 months to 108 months.

• Personal loan interest rate from 10% to 30% per annum.

• Collateral-free financing.

• Minimal documentation.

• Quick approval process.

• Funds may be disbursed within 24 hours* for eligible applicants.
  ​

These features provide customers with flexibility while helping them manage planned and unforeseen expenses through structured repayments.
 

A customer-focused lending solution

The Bajaj Finance Personal Loan is built around convenience, flexibility, and responsible lending. By offering flexible repayment options, competitive personal loan interest rate options, and a straightforward digital application process, Bajaj Finance continues to provide customers with solutions that support diverse financial requirements.
 

Customers looking for a collateral-free loan with flexible repayment options can check their eligibility online and begin the application process in just a few simple steps.
 

*Terms and conditions apply.
 

About Bajaj Finance Limited
Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

PayGlocal strengthens its international payment gateway with Google Pay Card Payments, giving Indian merchants access to trusted global payment experiences

With this launch, and Apple Pay already live on PayGlocal's gateway, Indian merchants can now collectively reach over one billion customers across the world's largest consumer markets - the United States, the United Kingdom, Australia, Canada, the UAE, Singapore, and across Western Europe. This means, an Indian merchant's global customer can reach checkout and pay in a single tap, in their own currency, using Google Pay Card Payments on PayGlocal. 

Outside India, Google Pay is the card-linked NFC and online checkout wallet for hundreds of millions of Android users worldwide. It operates across 86+ countries, supports 60+ currencies, and is integrated with over 6.4 million merchants globally. In the US, 87% of merchants accept it at checkout. In the UK, Australia, and across Europe, it is the default tap-to-pay experience for a generation of consumers who have never reached for a physical card at checkout.

These are exactly the consumers Indian exporters have been trying to reach - high-intent, digitally native buyers in high-purchasing-power markets who, until now, often hit friction at an Indian merchant's checkout. A foreign card declined, a payment form that felt unfamiliar, a sale lost.

Google Pay Card Payments on PayGlocal eliminates that entirely.

"Google Pay is how hundreds of millions of people across the world's biggest markets pay every day. Bringing it to Indian merchants is not just a feature addition - it is a fundamental shift in who Indian brands can sell to and how seamlessly they can do it," said Yogesh Lokhande, Co-founder and CTO, PayGlocal. "Combined with Apple Pay, we have now built the payments stack that puts every major global consumer within reach of every Indian merchant on our platform. This is what it means to take India to the world."

PayGlocal anticipates a nearly 40% increase in merchant activations following the Google Pay launch, as Indian businesses move quickly to eliminate checkout friction for their global customers.

What This Unlocks for Indian Merchants

• One billion+ users reached: Google Pay and Apple Pay together span 90+ countries -both available through a single integration on PayGlocal's International Payment Gateway.

• Full Android coverage: Google Pay serves the hundreds of millions of Android users in key export markets, a segment complementary to Apple Pay's iOS user base.

• Up to 40% higher conversion: Payment methods like Google Pay and Apple Pay consistently outperform manual card entry at checkout - consumers are more likely to complete a purchase when their preferred payment method is available.

• Secure by design: Every Google Pay transaction is tokenized and biometrically authenticated at the device level - no card details are ever exposed, no credentials stored on merchant servers.

• 60+ currencies: Customers pay in their local currency. Merchants settle in theirs. PayGlocal handles everything in between.

The Checkout Experience Global Buyers Expect
For a shopper in London, Sydney, or San Francisco, buying from an Indian brand should feel no different from buying from a local one. With Google Pay Card Payments now live on PayGlocal's gateway, it does. PayGlocal's intelligent routing and fraud prevention layer works underneath every transaction, combining Google's global security framework with PayGlocal's deep expertise in cross-border payment flows, ensuring every checkout is fast, secure, and seamless, wherever in the world the customer is.

India Is Ready. The World Can Now Pay
India recorded over 208 billion digital payment transactions in 2024, among the highest of any country in the world. The country has not just adopted digital payments; it has set the global benchmark for what fast, seamless, and trusted payments look like.

PayGlocal exists to carry that standard across borders. Because the same trust, speed, and confidence that an Indian consumer feels tapping their phone to pay should be exactly what a customer in London or Sydney feels when they buy from an Indian brand. With Google Pay now live alongside Apple Pay, and a payments stack purpose-built for cross-border commerce, PayGlocal is giving India's best businesses everything they need to go global, and making sure the world can pay for them.

About PayGlocal
PayGlocal is India's leading cross-border payments platform, purpose-built for Indian businesses selling to global customers. Founded in 2021 by payments veterans from Visa, PayGlocal offers international card processing, multi-currency accounts, alternate payment methods, and advanced fraud detection - all engineered to maximize payment success rates for Indian businesses operating globally. PayGlocal is RBI-authorized as a Payment Aggregator, both cross-border (inward and outward), and domestic (online).

The INR 325 crore NCDs arranged by Nuvama Fixed Income Advisory were subscribed by Sundaram Finance Limited (INR 100 crore), Nuvama Wealth Finance Limited (INR 100 crore), Julius Bäer Capital (India) Private Limited (INR 75 crore), Royal Sundaram General Insurance Company Limited (INR 25 crore) and Vivriti Fixed Income Fund (INR 25 crore). The issue launched with a base size of INR 200 crore witnessed an additional INR 125 crore raised via exercise of green-shoe option, underpinned by strong investor confidence in CA Grameen’s business model and performance track record. The NCDs were issued with a tenure of 2 years and a fixed rate coupon of 9.25% per annum, payable quarterly. The INR 100 crore NCDs bilaterally placed with Bajaj Finance Limited, were issued with a tenure of 2 years and a floating rate coupon of 9.15% per annum, payable monthly.

Commenting on the transaction, Mr. Nilesh Dalvi, Chief Financial Officer, CreditAccess Grameen, said, “At CA Grameen, building a diversified and cost-efficient funding franchise has always been a strategic priority. Every transaction whether a syndicated ECB across global markets or a domestic NCD issuance reflects our conviction that a resilient NBFC should be supported by multiple, independent sources of funds. This private placement demonstrates the confidence domestic institutional investors have in our credit profile and complements the strong support we continue to receive from international lenders. We will continue to build on this momentum as we progress towards our 2028 funding architecture.”

About CreditAccess Grameen Limited

CreditAccess Grameen Limited is India’s leading rural focused inclusive financing platform headquartered in Bengaluru. The Company provides a curated lifecycle credit suite to low-middle income households spanning group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. The Company operates across 451 districts in 16 states (Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) through 2,236 branches. The Company’s Promoter is CreditAccess India B.V., a multinational company focused on inclusive financing, supported by leading global institutional investors.

Best Atomberg ceiling fans for bedrooms, living rooms, and smart homes in India in 2026

During the Bajaj Finance Summer Sale, shoppers can purchase their preferred Atomberg ceiling fan at a highly competitive price, thanks to limited-time offers and discounts at Bajaj Finance partner stores. Models can be browsed on Bajaj Mall, compared by blade sweep, series, and smart features, and purchased at any of the 1.5 lakh+ partner stores across 4,000+ cities. With an Easy EMI Loan of up to Rs. 5 lakh and repayment tenures ranging from 3 to 60 months, the cost can be split into manageable monthly instalments. Select models also come with a zero down payment offer.

Top-selling Atomberg ceiling fans to explore in 2026
The following models cover a range of room sizes, design styles, and smart features available across the Atomberg lineup: 

1. Atomberg Renesa 1200 mm BLDC Ceiling Fan with Remote

Price: Rs. 5,190
EMIs starting from: Rs. 830 per month

Why it works: A practical option for bedrooms and medium-sized living rooms. The BLDC motor helps reduce electricity consumption, while the remote control makes everyday operation more convenient.

2. Atomberg Renesa 1400 mm 28 W BLDC Ceiling Fan with Remote (Matte Brown)

Price: Rs. 5,590
EMIs starting from: Rs. 830 per month

Why it works: The wider 1400 mm sweep provides stronger air circulation across larger rooms and halls while maintaining the energy efficiency associated with BLDC technology.

3. Atomberg Efficio Plus 1200 mm BLDC Ceiling Fan with Remote (Sand Grey)

Price: Rs. 5,850
EMIs starting from: Rs. 830 per month

Why it works: Designed for bedrooms, study rooms, and workspaces, this model combines quiet operation with practical features such as a timer and remote control.

4. Atomberg Erica 1200 mm BLDC Ceiling Fan with Remote (Snow White)

Price: Rs. 6,750
EMIs starting from: Rs. 830 per month

Why it works: A stylish option for modern interiors, combining a minimalist design with the energy-saving benefits of a BLDC motor.

5. Atomberg Studio Plus 1200 mm 32 W BLDC Ceiling Fan (Earth Brown)

Price: Rs. 7,410
EMIs starting from: Rs. 830 per month

Why it works: Integrates LED lighting and cooling in a single fixture, making it suitable for rooms where both functions are required without additional fittings.

6. Atomberg Renesa Smart Plus 1200 mm BLDC Ceiling Fan with Remote (Pearl White)

Price: Rs. 8,860
EMIs starting from: Rs. 830 per month

Why it works: Adds app-based and voice control, allowing users to adjust speed, create schedules, and manage settings through a connected home ecosystem.

Disclaimer: EMIs and prices may vary by partner store, offer period, location, and variant. Please check the latest information at the partner store before purchase.
 

How to buy an Atomberg ceiling fan from Bajaj Finance partner stores?
Splitting the cost of a new Atomberg ceiling fan into monthly instalments makes the upgrade significantly more manageable. Shoppers can follow these steps to complete the purchase:

• Browse on Bajaj Mall: Compare Atomberg ceiling fan models by blade sweep, series, and smart features before visiting a store.

• Check pre-approved eligibility: The pre-approved loan limit can be verified on the Bajaj Finance website using a registered mobile number and OTP verification.

• Find a partner store: Shortlisted models can be checked at 1.5 lakh+ Bajaj Finance partner stores across 4,000+ cities.

• Check the model in person: In-store staff can assist with evaluating blade sweep, design, and key features.

• Choose an EMI plan: Financing of up to Rs. 5 lakh is available through the Bajaj Finance Easy EMI Loan, with zero down payment on select models and tenures from 3 to 60 months.

• Complete the purchase: Once approved, the transaction is processed immediately and the Atomberg ceiling fan can be taken home the same day.

With limited-time offers during the Bajaj Finance Summer Sale, now is an ideal time to upgrade to an energy-efficient Atomberg ceiling fan that matches both room requirements and design preferences.

Bajaj Finance Limited
Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

To know more, visit www.bajajfinserv.in.

L to R: Deepak Francis (Business Head), R. Balakrishnan (Head – Treasury), Rajeev M. R. (CFO), Mahesh Thakkar (Chairman, FIDC), Manoj Ravi (CEO), and Bindu Menon (Zonal Head – Maharashtra)

The company also inaugurated its new Corporate Office in Andheri, Mumbai, in the presence of Mr. Mahesh Thakkar, Chairman of the Finance Industry Development Council (FIDC), and Mr. Manoj Ravi, CEO of Supra Pacific Financial Services Limited, along with eminent industry leaders, key stakeholders and members of the company's leadership team.

As part of its expansion roadmap, Supra Pacific will mark its presence in Gujarat, Delhi, Rajasthan, Odisha and Telangana, while expanding operations across Kerala, Tamil Nadu, Andhra Pradesh, Maharashtra and Goa. In the present phase, the company will open five new branches in Goa, further enhancing access to formal financial services in underserved regions.

The company has recorded strong growth, with its assets increasing by 64.39% during FY 2025-26, from INR 290 Crore to INR 499 Crore. It now aims to achieve INR 750 Crore in assets during the current financial year, progressing towards its INR 2,500 Crore target within three years.

Supra Pacific continues to diversify its lending portfolio across gold loans, microfinance, vehicle finance and business loans. It also plans to introduce working capital loans ranging from INR 10 lakh to INR 1 crore for traders and MSMEs, alongside a new mobile application to deliver faster and more seamless digital financial services.

Commenting on the company's growth plans, Mr. Manoj Ravi, CEO, Supra Pacific Financial Services Limited, said, "India's growth story presents a tremendous opportunity to bridge the credit gap, particularly across Tier II, Tier III and Tier IV cities, rural villages and the country's hinterlands. While financial inclusion has made significant progress, access to formal credit, especially Gold Loans and small business lending, remains limited in many regions. By strengthening our presence across the country, we aim to contribute meaningfully towards India's financial inclusion agenda and support the nation's vision of Viksit Bharat 2047."

As part of its long-term growth strategy, the company also plans to expand its workforce from 700 to over 2,000 employees over the next three years and launch a public issue of Non-Convertible Debentures (NCDs) during FY 2026-27 to support its future growth plans.

With a strong focus on technology-driven innovation, responsible lending and customer-centric services, Supra Pacific Financial Services Limited continues to strengthen its position as a trusted financial partner driving inclusive growth across India.

About Supra Pacific Financial Services Limited
Supra Pacific Financial Services Limited is a Mumbai-headquartered Non-Banking Financial Company (NBFC) offering a comprehensive suite of financial solutions. Its core offerings include gold loans, microfinance, vehicle finance, and business loans, complemented by personal loans, investment products, and insurance broking services.

Led by Managing Director Joby George (MD) and recently appointed CEO Manoj Ravi, the company focuses on technology-driven growth and financial inclusion. In FY2026 the company reported revenue of ~INR 920.8 million (net profit INR 78.8m) and a loan portfolio of ~INR 335.6 crore. It has pursued recent fund-raising (INR 20cr NCD issuance) and leadership changes to bolster expansion. As an ISO-certified Great Place To Work, Supra Pacific emphasizes trustworthy, customer-centric service. Supra Pacific stresses “inclusive, reliable, growth-oriented” financial services and remains committed to empowering customers through transparency and swift service.

For more information, please log on to www.suprapacific.com.