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.

Paisabazaar, India’s leading financial marketplace, and SBM Bank India today announced the launch of SBM Paisabazaar Paisa+ Credit Card – a Fixed Deposit-backed credit card designed to help consumers start building or strengthen their credit health, while earning cashback on everyday spends.

Paisa+ Credit Card is designed for consumers with limited or no credit history

Backed by an FD, SBM Paisabazaar Paisa+ Credit Card aims to bridge a key gap in India’s credit landscape by enabling consumers with limited or no credit history to begin their credit journey. The card would also benefit those with a damaged credit profile, to improve their credit score, through responsible card usage.

Along with an opportunity to build their credit profile and earn strong FD returns up to 7% p.a., the card offers cashback across online, offline and UPI transactions, ensuring users earn value on their everyday spending.

Key features of SBM Paisabazaar Paisa+ Credit Card:

• FD-backed secured credit card with FD starting from Rs. 2,000

• FD interest rates up to 7% p.a.

• Up to 1.5% cashback on online spends

• 1% cashback on offline spends

• 1% cashback on eligible UPI transactions

• Zero joining fee; Annual fee of Rs. 499 only

Rajesh Meena, Head - Retail Products, Digital Banking & Partnerships, SBM Bank India, said, "At SBM Bank India, we are committed to expanding access to formal credit through innovative financial products. The SBM Paisabazaar Paisa+ Credit Card is a powerful proposition for consumers who are new to credit or seeking to rebuild their credit history. Our partnership with Paisabazaar reflects a shared commitment to making credit more transparent and accessible, helping consumers across segments—particularly the underserved borrowers."

Santosh Agarwal, CEO, Paisabazaar, said, “We believe FD-backed cards can play an important role in accelerating credit inclusion. Millions today remain underserved due to lack of a simple and secure pathway to credit. We are proud to launch Paisa+ with SBM Bank India, hoping the card will simplify the first step into formal credit for millions. The card combines accessibility and value-back in a single proposition, making it an ideal choice for new-to-credit consumers looking to establish a strong financial foundation."

With a minimum FD requirement starting at just Rs. 2,000, the card makes formal credit more accessible to new-to-credit consumers, students, young professionals, and consumers with bad credit looking to rebuild their credit profile.

SBM Bank Paisabazaar Paisa+ Credit Card offers 1.5% cashback on online spends for fixed deposits above Rs. 10,000. Offline spends and UPI transactions above Rs. 2,000 will earn 1% cashback, irrespective of the deposit amount.

Cashback is credited as Cash Point (where 1 Cash Point = Rs. 1) and earnings are capped at 500 points per day and 3,000 points per month. Since the card is backed by a fixed deposit, consumers will also earn interest on their deposit (up to 7% p.a.), adding to their overall savings.

Know more about SBM Paisabazaar Paisa+ Credit Card:
www.paisabazaar.com/sbm-bank/paisabazaar-paisa-plus-credit-card/

About Paisabazaar

Paisabazaar, a part of PB Fintech (listed since 2021), is India’s largest marketplace for consumer credit and free credit score. Over the last 11 years, Paisabazaar has earned the trust of over 55 million consumers. Paisabazaar has built 65+ partnerships withBanks, NBFCs, and fintechs to offer a broad range of credit products. Paisabazaar is an ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

About SBM Bank (India) Ltd.

SBM Bank (India) Limited is the first foreign bank to receive a universal banking license from the Reserve Bank of India, to set up and to operate as a Scheduled Commercial Bank under the Wholly Owned Subsidiary (WOS) model. With a network of 22 branches across the country, SBM Bank India continues to expand its footprint. The Bank is backed by deep domain expertise and led by industry veterans in banking and financial services. SBM Bank India offers a comprehensive suite of financial solutions, including Deposits, Advances, NRI Services, Treasury Products, and Corporate Banking Services. The Bank remains committed to continuous innovation and growth, enhancing its service proposition to encompass a broad spectrum of retail and corporate banking products alongside capital market solutions.

For further information, visit  www.sbm.bank.in

The MoU was signed by Mr. Tapan Ghosh (left), CEO of VinFast India along with Mr. Nandagopal R., President & National Business Head – Shriram Green Finance in Gurugram 

Through this partnership, prospective VinFast customers will benefit from Shriram Finance’s tailored financing solutions, including up to 100% on-road funding, attractive interest rates, and flexible repayment options across VinFast’s product portfolio, designed to simplify EV ownership and accelerate adoption. The collaboration will also enable VinFast to leverage Shriram Finance’s extensive pan-India presence, deep expertise in vehicle financing, and strong customer reach across urban, rural, and semi-urban markets.

Shriram Finance is one of India’s largest retail-focused NBFCs, providing lending and other credit solutions alongside traditional banking channels to more than 9 million customers through a nationwide network of over 3,000 branches. Through its green finance initiatives, Shriram Finance shares VinFast’s vision of accelerating the transition towards cleaner and more sustainable mobility solutions across India.

The MoU was signed by Mr. Tapan Ghosh, CEO, VinFast India along with Mr. Nandagopal R., President & National Business Head – Shriram Green Finance.

Mr. Tapan Ghosh, CEO, VinFast India, shared, “India’s transition to electric mobility will be shaped not just by strong products, but by the strength of the ecosystem that supports them. Our partnership with Shriram Finance reflects VinFast’s continued focus on removing barriers to EV adoption by improving financing accessibility and enabling a smoother ownership experience for our customers across markets”

Commenting on the partnership, Mr. Nandagopal R., President & National Business Head – Shriram Green Finance, said, “We are pleased to collaborate with VinFast through this strategic MOU, which marks an important step towards strengthening sustainable mobility solutions in India. This association reflects our shared vision to accelerate EV adoption and support the development of a stronger green mobility ecosystem across the country.”

As VinFast continues to strengthen its footprint in India, this partnership marks another important step in the company’s efforts to build a robust EV ecosystem that supports the country’s transition towards sustainable mobility. Following the recent launch of the VF MPV 7, marking VinFast’s entry into the electric MPV segment, the company continues to build strong momentum in the market through strategic initiatives aimed at enhancing accessibility and ownership convenience.

With collaborations focused on strengthening financing accessibility, a key enabler of EV adoption, alongside initiatives such as assured resale and structured buyback programmes, VinFast remains committed to making electric mobility more practical, 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: vinfastauto.in
 

About Shriram Finance Limited (SFL)
Shriram Finance Limited (SFL) is one of India’s largest retail NBFCs with a strong nationwide presence and decades of experience in vehicle and MSME financing. The Company offers diversified financial solutions across commercial vehicles, passenger vehicles, MSME lending, EV vehicle financing, EV eco system and solar financing segments.

SFL has been actively expanding its Green Finance portfolio with a focus on EV vehicle financing, EV eco system development, sustainable transportation and renewable energy solutions. With its extensive customer reach, strong distribution network and deep market understanding, SFL is well positioned to support India’s transition towards cleaner and greener mobility solutions.

Website: www.shriramfinance.in

Hero FinCorp has deployed Agentforce, Data 360, MuleSoft, Agentforce Sales, and Agentforce Service, to build a connected foundation for intelligent loan processing. With Agentforce, Hero FinCorp automates key steps across pre-sanctioning and post-sanctioning, including document extraction, application validation, PAN and Aadhaar verification, credit and bank checks, e-signature initiation, document processing, and loan disbursal — powering faster, more efficient lending at scale. Data 360 unifies Salesforce and external data sources to create a trusted foundation for automation, while MuleSoft connects government verification systems, financial institutions, and document repositories through API-led integrations. Agentforce Sales and Agentforce Service power the customer and operational workflows underpinning the lending journey. Together, these capabilities are helping Hero FinCorp streamline loan approvals and deliver better experiences for customers, dealers, and employees.

Hero FinCorp has achieved a 72% improvement in loan turnaround time for two-wheeler loan processing, with 92% of applications now going through Agentforce-enabled workflows. The company has also avoided 77% of Not In Good Order (NIGO) cases at the sales stage itself, helping reduce rework, minimise delays, and create a faster, smoother loan experience for customers and dealers. Today, the solution supports 6,461 dealers across India. These improvements are helping Hero FinCorp meet growing demand with greater agility, serve more customers, strengthen dealer relationships, and expand access to credit across India.

Commenting on the partnership, Mr. Abhimanyu Munjal, Managing Director & CEO of Hero FinCorp, shared, “At Hero FinCorp, we are leveraging AI, data and digital innovation to transform the way customers access credit. As we continue to scale our business and expand financial inclusion across India, enhancing speed, efficiency and customer experience through technology remains a strategic priority. Our collaboration with Salesforce supports this vision by helping streamline key stages of the lending lifecycle and significantly reduce turnaround times. This is an important step in our journey to build a more agile, data-driven and customer-centric lending platform that can serve customers and dealer partners at scale, while strengthening the foundation for sustained and responsible growth."

Mankiran Chowhan, Managing Director, Salesforce India, said, “As customer expectations continue to evolve and financial institutions look for new ways to deliver faster, more seamless experiences, AI is becoming a strategic enabler for the future of financial services. Hero FinCorp is at the forefront of this transformation, leveraging Agentforce, data, and automation to reimagine loan processing and unlock new levels of efficiency, scalability, and customer service. Their approach shows how organizations can apply trusted AI to modernize core business operations while staying focused on what matters most — serving customers better. We are proud to partner with Hero FinCorp as they continue to drive innovation and expand financial access across India.”

The collaboration builds on Hero FinCorp’s long-standing Salesforce foundation, with support from Salesforce Professional Services and Signature Success. After building and launching its first agent in just three weeks, Hero FinCorp is using Agentforce Builder to explore loan-processing agents for its business loans, loan against property and car loan teams, as well as a sales assistant agent to automate repetitive tasks for sales representatives. As Hero FinCorp expands its data and AI strategy, it is creating a trusted automation foundation to streamline operations, empower employees, and help more customers access financing.

About Hero FinCorp
Hero FinCorp is an Indian Non-Banking Financial Company (NBFC) offering a diversified portfolio of lending solutions across Retail, MSME, and Corporate segments. Its product suite includes two-wheeler, car, home (through its subsidiary Hero Housing Finance Limited), and personal loans, along with business, SME, and corporate financing. 

The company has built an extensive national presence covering 18,600+ of India’s PIN codes, supported by a network of 4,200+ touchpoints. This wide distribution net enables Hero FinCorp to deliver financing solutions across 2,000+ cities, towns, and villages across India. 

Having served over 13 million customers, Hero FinCorp operates on an AI-led architecture that integrates underwriting, analytics, and marketing capabilities across the credit lifecycle. This technology backbone enables faster underwriting, lean operating model, and credit delivery at scale. 

As part of the Hero Group, Hero FinCorp draws on a legacy of trust, integrity, and long-term institution-building envisioned by the Hero Group’s Founder, Dr. Brijmohan Lall Munjal, while advancing responsible lending and building a future-ready financial services platform. For more information, visit: www.herofincorp.com.

About Salesforce
Salesforce helps organizations of any size become agentic enterprises - integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation.

Visit www.salesforce.com/in for more information.

The MoU was signed by Mr. Tapan Ghosh, CEO of VinFast India, along with Mr. Narendra Kamath, COO – SME Finance, Tata Capital in Gurugram

Under the partnership, VinFast’s dealer partners will have access to financing solutions tailored to support working capital requirements, inventory management and network expansion.

The collaboration brings together VinFast’s expanding dealer network and Tata Capital’s extensive financing capabilities. A leading NBFC in India, Tata Capital provides a broad range of financing and credit solutions that complement traditional banking services. The company serves approximately 7.7 million customers through a comprehensive product portfolio and a nationwide network of nearly 1,500 branches.

By leveraging Tata Capital’s broad branch network, digital platforms, and financing expertise, VinFast aims to further strengthen its dealer ecosystem and support its continued expansion across the country. The partnership also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in one of the world’s fastest-growing EV markets.

The MoU was signed by Mr. Tapan Ghosh, CEO of VinFast India, along with Mr. Narendra Kamath, COO – SME Finance, Tata Capital, and Mr. Soumitra Das, Business Head – Supply Chain Finance at Tata Capital.

Mr. Tapan Ghosh, CEO of VinFast India, shared, “VinFast India is pleased to partner with Tata Capital, one of the most trusted financial services providers in the country, in a collaboration that reflects our shared commitment to advancing electric mobility in India. This partnership will enable us to offer comprehensive financing solutions for our dealer network, thereby supporting greater accessibility, operational ease and long-term growth for the brand. We are confident that their strong pan-India presence and financial expertise will play an important role in enhancing the ownership journey for our customers and partners.”

Commenting on the collaboration, Mr. Narendra Kamath, COO - SME Finance, Tata Capital, said, "India’s transition to electric mobility is gathering significant momentum, creating a growing need for innovative and scalable financing solutions. Through our partnership with VinFast, we aim to empower dealers with tailored financing support that enables business growth and operational efficiency. Together, we are committed to strengthening the EV ecosystem and accelerating the adoption of sustainable mobility across the country."

Expanding access to financial solutions for both customers and dealer partners is part of VinFast’s broader strategy to build a comprehensive electric vehicle ecosystem in India. Alongside a growing EV portfolio that includes the VF 6, VF 7, and VF MPV 7, the company is introducing initiatives aimed at making EV ownership more accessible and convenient, including assured resale value programs. Most recently, VinFast extended its free charging program across the V-Green charging network until March 31, 2029. Together, these efforts support broader EV adoption and help advance India’s transition to sustainable mobility.

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: vinfastauto.in.

About Tata Capital

Tata Capital Limited, a holistic financial services provider, caters to the diverse needs of retail, housing, SME, and corporate customers with a pan-India network of 1500+ branches. Its range of offerings includes Consumer Finance, Housing Finance, Commercial Finance, Cleantech Finance, Microfinance, Debt Syndication, Private Equity, and Credit Cards.

For more information, please visit www.tatacapital.com.

Pramerica Life Insurance Launches 'Invest Shield'

Invest Shield is designed for individuals aged in their early 30s to mid 40s who want both life protection and long-term wealth creation within a single policy, rather than managing a standalone term plan and a separate investment product. The plan offers a life cover of up to 100 times the annualised premium, though the actual multiple depends on the policyholder’s age at entry, chosen premium level, and policy term. Premium payment terms and policy duration are customisable.

Key Features

• Upto 100x Life Cover: Financial protection through a life cover of up to 100 times the annualised premium, ensuring substantial coverage for the family throughout the policy tenure. 

• Return of Charges: Return of mortality charges and premium allocation charges to the policyholder, helping enhance the overall fund value. 

• Loyalty Boosters: Persistency boosters and maturity benefits that reward customers for remaining invested over the long term. 

• Flexible Investment Options: Flexibility to choose between two investment strategies and nine fund options across equity, debt, and balanced allocations, catering to diverse risk profiles and investment preferences. 

• Customisable Premium Payment Terms and Policy Duration: Flexibility to align the plan with individual life stages, financial priorities, and long-term financial goals. 

Pankaj Gupta, MD & CEO, Pramerica Life Insurance, said, “Pramerica Life Insurance Invest Shield reflects where we believe the life insurance conversation in India needs to go. For too long, customers have been asked to make a choice that should not exist - between protecting their family and building their wealth. Customers today think about their financial future as a whole. Pramerica Life Invest Shield is built for that mindset. This launch also reflects our commitment to listening closely to evolving customer needs and responding with solutions that are genuinely differentiated. We are at an exciting point in Pramerica Life's journey - three consecutive years of strong, quality growth across every pillar of our business. That foundation gives us both the confidence and the responsibility to bring genuinely differentiated products to market.”

Karthik Chakrapani, Chief Business Officer, Pramerica Life Insurance, said, “Pramerica Life Invest Shield has been designed for customers who are looking for a more integrated approach to financial planning — one that combines meaningful life protection with long-term wealth creation at a stage in life where both priorities become increasingly important. At Pramerica Life, we remain committed to expanding insurance access across India through solutions that are relevant to evolving customer needs and supported by a diversified distribution ecosystem. Through our channels Prahri and Param, catering to the armed forces and paramilitary services respectively, our agency network across Tier 2 and Tier 3 markets, broker and corporate agent relationships, and our direct-to-consumer channel, we are making Pramerica Life Invest Shield accessible to customers across markets and geographies through the mode of engagement that best aligns with their preferences and financial needs."

The launch arrives at a moment of sustained momentum for Pramerica Life - three consecutive years of double-digit growth, built on the quality and sustainability of the business being written. New Business Premium grew 19% year-on-year to Rs. 1,471 crore, while Annualised Premium Equivalent rose 29%. Assets under Management expanded 12% YoY and individual New Business Premium grew 30%. Through this period of growth, the company has maintained a Claims Paid Ratio of 99.29% - rising year-on-year for three consecutive years - a measure of the discipline and customer commitment that has accompanied the scale. 

Alongside this growth, the company has remained focused on societal inclusion and extending financial protection to traditionally underserved customer groups and regions. With an average ticket size approximately 42% lower than the industry median, Pramerica Life has consciously built offerings aimed at broadening accessibility across customer segments. The company’s long-standing association with the armed forces and paramilitary community is reflected through specialised protection solutions and second-career opportunities, with more than 60% of individual lives covered belonging to the defence forces community and over 8,500 veterans employed since inception. Nearly 90% of lives covered by Pramerica Life are from rural India, reflecting its continued focus on deepening penetration across underpenetrated and hard-to-reach regions. Pramerica Life Invest Shield is a direct extension of this philosophy — a product built around genuine customer relevance and long-term value creation.

About Pramerica Life Insurance Limited

Pramerica Life Insurance Limited is a joint venture between DIL, a wholly owned subsidiary of Piramal Finance Limited (erstwhile Piramal Capital and Housing Finance Limited) and Prudential International Insurance Holdings, Ltd. (PIIH), a fully owned subsidiary of Prudential Financial, Inc. (PFI). It represents the coming together of two renowned financial services organizations with a legacy of business excellence spread over decades. Pramerica Life Insurance Limited, started operations in India on September 1, 2008 and has a pan India presence through multiple distribution channels which have been customized to address the specific insurance needs of diverse customer segments. The Company is committed to providing protection and quality financial advice to its customers. Pramerica is the brand name used in India and select countries by PFI.

For more details, please visit www.pramericalife.in

About Piramal Finance Limited

Piramal Finance Limited is a retail-led upper-layer NBFC with a pan-India presence, having served over 5 million customers across 26 states. The company manages Assets under Management (AUM) of over Rs. 1,00,000 Cr and operates a distinctive phygital model - combining high-touch engagement across 13,000+ pin codes with high-tech capabilities including machine learning models, agentic AI tools and real-time dashboards. In retail lending, Piramal Finance offers home loans, loans against property, used car loans, personal loans, digital loans and small business loans, with a strong focus on metro-adjacent, semi-urban and rural markets. In wholesale lending, the company provides asset-backed, data-driven solutions across real estate and select non-real estate sectors, with a focus on mid-segment residential projects and capital solutions for mid-market corporates. With its digital-first approach and AI-enabled platforms, Piramal Finance is committed to expanding access to affordable credit and driving inclusive growth across India.

For more information visit: piramalfinance.com

About Prudential Financial, Inc.

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately USD 1.4 trillion in assets under management as of December 31, 2022, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better by creating financial opportunities for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years.

For more information, please visit news.prudential.com

In summary
Home loan interest rates in 2026 are influenced by a mix of macroeconomic signals and your personal financial profile. The RBI held its repo rate at 5.25% in June 2026, which affects how lenders price their products. Your CIBIL Score, income stability, loan amount, and the property you choose all play a role in the final rate you're offered.

Home loan interest rate updates 2026: key factors influencing housing loan costs this year

On a Rs. 50 lakh loan over 20 years, a difference of just 1% in your interest rate changes your EMI by over Rs. 3,000 per month - and your total interest outgo by over Rs. 7 lakh. Using an EMI calculator for home loan planning helps you see this clearly before you commit. This article covers what's moving rates this year, how to assess your own position, and how to compare options with numbers.

What's affecting home loan interest rates in 2026?
Home loan interest rates don't move in isolation. They shift with broader monetary policy, inflation trends, and banking system conditions. Understanding these can help you time your decision better.

The repo rate signal
Per the RBI's Monetary Policy Committee announcement on 5 June 2026, the policy repo rate was kept unchanged at 5.25%. The MPC voted unanimously to maintain this rate and continued with its neutral stance. For borrowers, a stable repo rate means lenders have less pressure to revise rates sharply in either direction in the short term.

Inflation and liquidity
When inflation stays within the RBI's target band of 4%, lenders can hold rates steady. If inflation rises, rate hikes follow, which pushes up home loan interest rates across the board. Banking system liquidity also matters: tighter liquidity typically means higher short-term borrowing costs for banks, which can filter through to retail loan rates.

External benchmark-linked rates
Since 2019, the RBI has required that floating-rate home loans be linked to an external benchmark such as the repo rate. This means rate changes by the RBI now pass through to borrowers more directly than before. It's worth checking whether your lender offers repo-linked rates so you can benefit when rates ease.

Which factors can affect your home loan interest rate?
Your personal financial profile has a direct bearing on the rate you're offered. Lenders assess risk, and a stronger profile generally means a lower rate.

A borrower with a CIBIL Score of 780 could be offered a better rate than one with a score of 700 on a Rs. 65 lakh loan over 20 years, and that difference compounds significantly. It's worth cleaning up any credit report errors before applying.

How much difference can a small rate change make?
This is where the numbers make the case. Many borrowers focus on the loan amount but underestimate how much the rate itself affects total repayment.

Even a 0.25% difference in your rate matters at higher loan amounts: 

The difference is roughly Rs. 1.82 lakh over the loan's full term. That's money you could use for other goals. This comparison shows why securing the best possible rate from the start matters far more than it might seem.

How can an EMI calculator for home loan help you plan?
An EMI calculator for home loan estimates your monthly repayment using three inputs:

• Loan amount you plan to borrow

• Expected interest rate (or a range you want to compare)

• Loan tenure in years

It instantly gives you clarity before you speak to any lender by showing you estimates for:

• Your monthly EMI figure

• Total interest payable over the full tenure

• Total repayment amount (principal + interest)

• An amortisation schedule showing how much goes to principal and interest each month

The Bajaj Finance Home Loan EMI Calculator lets you adjust all three inputs and see results instantly. This helps you compare a 15-year versus a 20-year tenure side by side, without any paperwork or phone calls.

Should you choose a shorter or longer loan tenure?
Tenure is one of the most practical decisions you'll make. There's no universal right answer; it depends on your monthly cash flow and your appetite for total interest cost.

If your income allows for a higher EMI comfortably, a shorter tenure saves you more, as the table shows. If you need breathing room in your monthly budget, a longer tenure keeps payments manageable. You can always make part-prepayments later to reduce the outstanding principal and, effectively, shorten your loan.

What can you do if interest rates rise?
Rate increases aren't always avoidable, but you can manage their impact with a few deliberate steps.

• Improve your CIBIL Score before applying: every point above 725 can work in your favour

• Increase your down payment to reduce the loan amount and your risk profile

• Make periodic part-prepayments to reduce the principal and limit future interest accrual

• Review balance transfer options if another lender offers a materially better rate

• Recalculate your EMI using a calculator periodically to track how much you still owe and how long remains

Scenario: Pritha is 34, works as a salaried software professional in Pune, and earns Rs. 20 lakh per year. Her CIBIL Score is 760. She's identified a property worth Rs. 65 lakh and plans to pay 20% (Rs. 13 lakh) as a down payment, bringing her loan requirement to Rs. 52 lakh.

Before approaching any lender, she used an EMI calculator for home loan to compare two scenarios:

The Rs. 6,314 monthly difference showed her she could afford the 15-year option within her budget. She chose it and will pay Rs. 13.77 lakh less in interest over the term.

When should you review a home loan balance transfer?
If you took a home loan two or more years ago at a higher rate, it may be worth reviewing whether a balance transfer makes financial sense. The savings can be material, especially in the early years of a loan when interest makes up the larger portion of each EMI.

A balance transfer moves your outstanding principal to a new lender at a lower rate. It's not a new loan; it's a refinancing of what you already owe.

Bajaj Finance offers home loan balance transfer rates starting at 7.30%* p.a. If your current rate is above this, the difference over the remaining tenure could add up to significant savings. Additionally, eligible balance transfer customers can apply for a top-up loan of up to Rs. 1 crore*, which can be used for home improvements, medical costs, or other needs with end-use flexibility.

How to apply for a Bajaj Finance Home Loan?
Who can apply?
To apply for a Bajaj Finance home loan, you must meet the following eligibility criteria. Checking your eligibility before applying saves time and helps you prepare the right documents.

Step-by-step process for online application

• Click on the 'APPLY' button on the Bajaj Finance Home Loan page.

• Enter your full name, mobile number, and employment type.

• Select the type of loan you wish to apply for.

• Generate and submit your OTP to verify your phone number.

• Enter additional details, including your monthly income, required loan amount, and whether you have identified a property.

• Enter your date of birth, PAN, and other details as requested based on your occupation type.

• Click the 'SUBMIT' button.

• Your application is submitted. A Bajaj Finance representative will contact you to guide you through the next steps.

Home loan interest rates in 2026 are shaped by the RBI's monetary stance, inflation signals, and your own financial profile. Understanding what drives your rate, and by how much, puts you in a stronger position before you walk into any application. Use an EMI calculator for home loan to run through different loan amounts, tenures, and rates so you know exactly what you're committing to each month. Affordability isn't just about what you can borrow; it's about what you can repay comfortably over time. Explore Bajaj Finance Home Loan options, compare repayment scenarios, and estimate your EMIs before making a borrowing decision.

HDFC Asset Management Company Limited (HDFC AMC) introduces HDFC Growth for GOOD Portfolio, this Investment Approach is designed with an objective to align investments with principles of sustainability, governance, and societal well-being while aiming for long-term wealth creation.

About HDFC Growth for GOOD Portfolio

The financial landscape is evolving. A growing segment of investors today seek more than just profits— they are keen for their capital to contribute towards a positive impact. HDFC Growth for GOOD Portfolio is HDFC AMC’s response to this shift, catering especially to those who value ethical principles, disciplined research, and sustainable growth in their investment choices. This Investment Approach aims to focus on companies that:

• Exhibit strong governance and transparency

• Align operations with constructive societal outcomes

• Deliver quality metrics like ROCE, ROE, EPS, CAGR, and FCF growth

• Demonstrate long-term growth potential with efficient capital allocation

A key principle of this strategy is non-harm and sustainability and aiming to avoid investments in businesses that conflict with these values. The Investment Approach will avoid investing in equities of companies that generate revenues predominantly from – Defence, Alcohol, Cigarettes & Tobacco Products, Dairy Products, Leather Products, Animal testing (including Pharmaceuticals companies involved in such practices), Meat and poultry industries or any form of animal cruelty, businesses engaged in serving meat/alcohol, Gambling & Betting, to ensure investments align with values of non- harm and sustainable principles.

Mr. Navneet Munot, MD & CEO, HDFC AMC, commented, “Investing is not just about creating wealth, but also about shaping the kind of future we want to build. Through the ‘HDFC Growth for GOOD Portfolio’ approach, we seek to invest in businesses that combine sustainable growth with strong governance and responsible conduct. The strategy is anchored in the belief that long-term value creation goes hand in hand with being good for the planet, good for people, and good for society”

Mr. Ashish Jagnani, Senior Fund Manager - PMS and AIF, HDFC AMC, added, “HDFC Growth for GOOD Portfolio’ aims to pursue ethical principles, robust research and a focus on sustainable growth, with a view to deliver healthy risk-adjusted returns over the long term”

About HDFC AMC PMS

HDFC Asset Management Company Limited, the Portfolio Manager, was incorporated under the Companies Act, 1956 on 10th December, 1999 and was registered vide registration number PM/INP000000506 with SEBI on 22nd December 2000 to carry out portfolio management services.

HDFC AMC PMS offers the following services:

• Discretionary

• Non-Discretionary

• Advisory

• Co-investment Services

As of 31^st March 2026, HDFC AMC PMS manages assets worth ₹10,573.10 crore through its various Investment Approaches.

Direct Onboarding: The Portfolio Manager provides a direct onboarding option to clients who wish to avail HDFC AMC PMS services, without intermediation of persons engaged in distribution services.

To know more about direct onboarding, write to pms@hdfcfund.com

Central Asia's New Financial Hub Tamchy SFIT Opens Its First Business Centre

The 3,850-square-metre facility offers office and co-working space, multifunctional conference halls and meeting rooms. A restaurant and café are expected to open on the premises in the coming months.

"We are building bridges between the CIS, Asia, the Middle East, Europe and Africa"

"Tamchy SFIT has come at precisely the moment when international business is actively seeking new anchors of trust. The opening of our first business centre marks the beginning of real operational life on this territory. We are building financial and logistical bridges between the markets of the CIS, Asia, the Middle East, Europe and Africa. Today, that bridge has its first address. The venue is actively preparing to welcome its first residents," said Ayaz Baetov, Chair of the Tamchy SFIT Management Council and Minister of Justice of the Kyrgyz Republic.

Ahead of the opening, the Management Council established the Management Company, approved the financial centre's development plan and adopted its inaugural package of regulatory measures. A selection process for the Chair and judges of the International Centre for Dispute Resolution is currently under way.

Tamchy SFIT was established under Law No. 136 of the Kyrgyz Republic, dated 10 July 2025, across approximately 6,000 hectares on the shores of Lake Issyk-Kul. Resident companies will operate under English common law principles, benefit from a zero tax rate for 49 years and retain the right to full repatriation of profits. By 2035, the territory aims to host more than 3,900 companies and create over 10,000 jobs.

Ramesh Vishwanathan, CEO, FPSB India
 

In this role, Ramesh will oversee the organization’s strategic direction, growth and efforts to advance the financial planning profession in India, through the advancement of standards in financial planning with focus on CFP certification. Ramesh will assume the role later this month.
 

Ramesh brings over 25 years of leadership experience across the financial services industry, with expertise in building and scaling businesses, strengthening strategic partnerships, driving profitable growth, and creating winning, customer-centric value propositions.
 

Dante De Gori, CFP, FPSB CEO, said, “We are delighted to welcome Ramesh to the FPSB family. India continues to be one of the fastest-growing markets for the CFP certification globally, and we are confident that his leadership and industry expertise will further strengthen the financial planning profession and the CFP professional ecosystem in India.”
 

FPSB also acknowledges with appreciation Chandrakant Sureka for his leadership and support while overseeing executive business operations for FPSB India on an interim basis during the transition.
 

India saw a 9.9% year-on-year growth in the number of CFP professionals in 2025, bringing the total to 3,534, underscoring the rising adoption of financial planning as a recognized profession. Globally, the CFP professional community expanded to 236,300 across 29 territories, with a net addition of 5,652 professionals in 2025. In India, women now comprise 23.6% of CFP professionals, reflecting steady progress toward greater gender diversity in the field.
 

Ramesh Vishwanathan, newly appointed FPSB India CEO said, “I am honoured to join FPSB India at an exciting phase of growth for the financial planning profession. I look forward to working closely with industry stakeholders and CFP professionals to further enhance awareness around financial planners who commit to ethics and competency standards and contribute towards the vision of a financially empowered Viksit Bharat.”
 

In India, the increase in CFP professionals reflects rising awareness of professional financial planning and growing demand for advisors who commit to putting the client’s interest first. It also points to a stronger recognition of the value of financial planning in helping individuals make informed financial decisions to achieve life goals.

About FPSB India

FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program.

For more information, visit india.fpsb.org.
 

About FPSB Ltd.

FPSB manages, develops and operates certification, education and related programs to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo Mark – which it owns internationally. FPSB and its global network of organizations certify CFP professionals in 29 territories. CFP professionals are certified in Australia, Austria, Brazil, Brunei, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Macau, Malaysia, the Netherlands, New Zealand, People’s Republic of China, Republic of Korea, San Marino, Singapore, South Africa, Switzerland, Thailand, the United Kingdom and the United States. There are 236,300 CFP professionals worldwide.

For more, visit fpsb.org.
 

FPSB owns the CFP, CERTIFIED FINANCIAL PLANNER and (the CFP Marks) outside the United States, and permits qualified individuals to use the marks to indicate that they meet FPSB’s initial and ongoing certification standards and requirements. CFP professionals may use the CFP marks in the territory or region in which they are certified.
 

About CFP Certification
CFP certification is the global symbol of excellence in financial planning and represents financial planners who commit to standards of competency and ethics, and to putting clients’ interests first. The CERTIFIED FINANCIAL PLANNER credential represents financial planning professionals who commit to better serving their clients through rigorous international standards, ethical practices and lifelong learning.
 

CFP Certification Global excellence in financial planning™

One banking product gaining traction among digital-first investors is the Equitas Digital Full KYC Digital Fixed Deposit offered by Equitas Small Finance Bank.
 

With interest rates of up to 7.4% p.a. for regular customers and 8% p.a. for senior citizens, combined with fully digital onboarding and Video KYC, Equitas is positioning itself as a strong option for customers seeking high-interest Fixed Deposits online.

Why Fixed Deposits Continue to Be a Preferred Investment Option
In uncertain market conditions, many investors continue to prefer Fixed Deposits because they offer:

• Stable and predictable returns

• Low-risk investment exposure

• Flexible tenure options

• Capital protection

• Easy access and liquidity

Searches for terms like “safe bank FD”, “highest FD interest rates”, “best digital FD in India”, and “online fixed deposit with high returns” have steadily increased as customers look for secure alternatives to market-linked investments.

Equitas Digital FD: High Interest Rates with RBI-Regulated Banking
Reserve Bank of India regulated banks are generally preferred by depositors because they operate under strict banking and compliance frameworks.

Equitas Small Finance Bank is an RBI-licensed Scheduled Commercial Bank with a growing physical presence across India through branches and banking outlets. The bank combines traditional banking trust with digital convenience, allowing customers to invest in Fixed Deposits completely online from anywhere in India.

Current Equitas FD Interest Rates

• Up to 7.4% p.a. for regular customers on 888-day tenure

• Up to 8% p.a. for senior citizens on 888-day tenure

Deposit Amount

• Minimum investment: INR5000 

• Maximum investment: INR50 lakhs

Digital Fixed Depos Are Becoming More Popular
The rise of digital banking has significantly changed how customers invest in Fixed Deposits. Instead of visiting a branch, investors now prefer:

• Instant online account opening

• Paperless banking

• Video KYC verification

• UPI and Net Banking payments

• Online maturity tracking

The Equitas Digital  FD allows eligible customers to open a Fixed Deposit digitally using Aadhaar, PAN, and Video KYC through the Equitas Mobile App – Equitas 2.0 Available on Play Store and App Store.

Importantly, customers do not need an Equitas Savings Account to open the FD.

Is Online FD Booking Safe?
Security remains one of the biggest concerns among customers exploring digital banking products. To address this, banks increasingly rely on RBI-approved Video KYC systems and encrypted onboarding infrastructure.

The Equitas Digital  Full KYC Digital FD uses:

• Aadhaar-based authentication

• PAN verification

• Live Video KYC

• Secure payment channels

• Consent-based onboarding

Deposits are also insured up to INR5 lakh per depositor under the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned subsidiary of the Reserve Bank of India.

Who Can Open an Equitas Digital FD?
The product is designed for New-to-Bank resident Indian customers who meet the following criteria:

• Age 18 years or above

• Valid Aadhaar and PAN

• Aadhaar-linked mobile number

• Resident Indian status

Existing Equitas customers, NRIs, Foreign Tax Residents, and Politically Exposed Persons (PEPs) are not eligible through this digital journey.

Funding and Video KYC Process Explained
Customers can fund the FD using:

• UPI (up to INR1 lakh)

• Internet Banking / Payment Gateway (up to INR50 lakh)

After funding, customers must complete Video KYC within 3 calendar days. Once verification is approved and funds are credited successfully, the FD is booked.

The Video KYC process is available on bank working days between 8:00 AM and 9:00 PM.

Why Investors Are Searching for Digital Fixed Deposits
Financial experts say digital Fixed Deposits are attracting attention because they combine:

• Higher convenience

• Competitive FD interest rates

• Faster onboarding

• Secure banking systems

• Anywhere access across India

For many customers, the ability to open a high-interest FD online without branch visits has become a major deciding factor.

As digital banking adoption continues to rise, products like the Equitas Digital  FD reflect how traditional banking products are evolving for mobile-first investors.

Tide, the UK’s leading business management platform, today announces it has crossed 2 million members globally, with India in particular seeing strong growth. More than 1.1 million small businesses joined Tide in India since the company launched there in December 2022. This makes India Tide’s fastest-growing market by member acquisition.
 

The UK is Tide’s home market, with 900,000 SMEs, 15% market share, and the majority of the company’s revenue. Tide is steadily expanding its presence in Europe, with Germany and France, where the platform is gaining strong traction, thanks to millions of small businesses turning to digital to manage their businesses.
 

In late 2025, Tide received a strategic investment from TPG, a leading global alternative asset manager, valuing the company at $1.5 billion.
 

Oliver Prill, CEO of Tide, said, “We are delighted to be crossing the 2 million member milestone. This number is a testament to the trust that our members place in us in all our markets. Behind every number, there’s a story of a member choosing a simpler, less time-heavy, connected way of managing their business."
 

“This success is also thanks to the passion our teams bring to their role every day. From our world-leading 900-strong product engineering teams, to operations, marketing and support functions; a commitment to excellence and agility has brought us to this point. India’s growth in member numbers is phenomenal, and shows how getting the product-market fit right when considering new markets is crucial. We’ll continue to expand both internationally and provide a richer and more connected product offering, ensuring we focus at all times on our mission to save members time and money.”
 

India: Powering Tide’s global growth story

India has emerged as a key growth engine for Tide, contributing over 1.1 million members to its global base in just over two years since launch. This rapid adoption underscores the scale of opportunity in one of the world’s largest SME ecosystems, with over 72 million registered and an unofficially estimated 140 million informal businesses.
 

Growth in India is being driven not just by metros, but increasingly by tier 2 and 3 cities. Emerging hubs such as Bareilly, Bhopal, Murshidabad, Mysuru, Lucknow and North 24 Parganas are leading the shift, highlighting how entrepreneurial activity is steadily expanding beyond urban centres. This shift reflects a broader movement towards greater financial inclusion and formalisation, as entrepreneurs there look to build more structured, scalable businesses.
 

Tide is playing a key role in this transition by simplifying access to essential services such as Udyam and GST registration and lending — enabling small businesses to build a financial footprint, improve access to credit, and unlock growth opportunities.
 

Gurjodhpal Singh, CEO, Tide India, said, “This milestone goes beyond a number, it reflects the strong momentum we are building in India. With over 70% of our members under the age of 35, we are witnessing a new generation of digital-first entrepreneurs shaping the future of business in India. What we are seeing on the ground is a strong shift towards digital adoption and formalisation, especially beyond metros, where access to the right tools can make a meaningful difference. Tide’s growth in India reflects this demand and further underscores our deep connection with the ‘Bharat’ growth story. India is also emerging as a key hub for product innovation at Tide, with solutions built here creating scalable use cases for global markets. As we continue to grow, our focus remains on building intuitive financial and administrative tools that enable MSMEs to operate more efficiently and scale with confidence.”
 

Highlights:

Product pipeline, International expansion and the future

• Product pipeline: Growth is driven by our product offering and relentless ambition to solve SME problems. Tide’s all-in-one business management platform provides members with access to government registrations, time-saving accounting and administrative tools, and integrated team management features. It also offers fixed deposits, affordable credit, seamless payment solutions, bill payments, and website building. Tide’s objective is to deliver integrated solutions that address the core needs of small businesses, from inception to growth.

• UK: More than 900,000 members, and 15% market share, against a backdrop of 5.2m small businesses, make Tide the leading business management platform. The focus is on diversification and connectivity, with products that are admin and business friendly.

• Europe: Bringing the full richness of Tide’s UK platform to each of its international markets over time. Tide is also looking to further expand its presence on the European mainland. Following the entry of Germany the previous year, Tide entered France in late 2025. Tide’s Credit Intermediation is leading initial growth in these two EU markets with over EUR 50 million already disbursed. Tide recently announced the establishment of its European headquarters in Luxembourg.

• AI: Tide is leveraging AI to generate growth in regulated environments, using its large, proprietary SME dataset to gain real-time insights within a strong risk framework. This data advantage enables it to build practical, scalable AI tools that solve everyday small business challenges, such as access to finance.

• Tideans: Strengthening its leadership and OneTeam

• Bernie Miles joined as Chief Data and Technology Officer (CDTO) in 2026, providing a major boost to Tide’s Executive Team. 

• Dan McNally joined as SVP and CEO of Tide Insurance Services in late 2025, to lead its growing global insurance business and advance the next phase of Tide’s expansion into business protection. 

• Marc Lacroix joined as Country Managing Director for France in mid-2025, to launch Tide in France, with a view to building a team on the ground. 

• More than 2,800 employees and rising; largely in the UK; India, Germany, France, Bulgaria, Luxembourg, Lithuania, and Serbia.

• Women in Business: Dedicated to supporting female-led businesses in the UK and India, with a goal to onboard 700,000 women by the end of 2027 - 200,000 in the UK and 500,000 in India. Two Tide owned reports in India and in the UK in 2025 highlighted the challenges and opportunities for women in business. Women currently account for 22% (more than the national average) of members, the company strongly believes that supporting women business owners is a powerful lever of economic growth.

• Continued commitment to Net Zero: Using carbon removals to match all Scope 1, 2, and 3 emissions, a practice maintained since 2022. Tide is also firmly on track to reduce CO2e emissions per employee by 90% by 2030, and by doing so to also reduce emissions by revenue by 97%. Tide is now working to make the transition to net zero easier for its members by providing integrated tools and support to help them achieve their goals.
   

About Tide

Launched in 2017, Tide is the leading business management platform in the UK. Tide helps small businesses save time and money by not only offering business accounts and related admin services, but also a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting and adjacent commercial services such as web-site building.
 

Tide has 900,000 SME members in the UK (15% market share) and more than 1.1m SMEs in India. Tide launched in Germany in May 2024 and France in September 2025. Tide has also been recognised with the Great Place to Work certification three years in a row. Tide has been funded by Anthemis, the Apax Digital Funds, Augmentum Fintech, Creandum, Salica Investments, Latitude, LocalGlobe, SBI Group, Speedinvest and TPG, amongst others. 
 

It employs more than 2,800 Tideans worldwide. Tide’s long-term ambition is to be the leading business management platform globally.

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¹Tide is not a bank in India, but a business financial platform. Tide, in the UK is the leading digital platform in business banking services. We believe that a platform approach is the future of business and admin needs, allowing us to offer both financial and admin services to SMEs, saving them time (and money) to allow them to focus on what they love: running their businesses.

Paisabazaar, India’s leading financial marketplace and largest free credit score platform, announced the launch of a new integrated brand campaign for the Credit Premier League (CPL) featuring former Indian cricketer and commentator Irfan Pathan.

CPL is Paisabazaar’s marquee initiative aimed at recognising and rewarding consumers with strong credit health

CPL is Paisabazaar’s marquee initiative aimed at recognising and rewarding consumers with strong credit health, while making conversations around credit score more mainstream. Building on Paisabazaar’s decade-long efforts to drive credit awareness through its free credit score initiative, CPL combines engagement, gamification and rewards to encourage consumers to actively track, understand and improve their credit score.

Watch the Campaign: 

• www.youtube.com/watch?v=eL2J51MtgEo

• www.youtube.com/watch?v=sYImmk_eU6Y

The new campaign, featuring Irfan Pathan, uses a fun, high-energy, and engaging creative approach to combine the excitement of cricket with awareness around responsible credit behaviour. It was conceptualised by Magic Circle and shot by Emotion Pictures. The campaign will be amplified through a multi-platform rollout across television, digital and social media.

Speaking on the association, Irfan Pathan said, “Discipline, consistency and performance matter in cricket — and the same goes for your credit score. Excited to collaborate with Paisabazaar on CPL, a unique initiative that combines competition, rewards and awareness to make conversations around credit score more engaging. I loved being part of this fun, high-energy campaign that puts credit health in the spotlight like never before. Hopefully, it encourages more Indians to track, understand and improve a score that truly matters.”

Speaking about the campaign, Santosh Agarwal, CEO, Paisabazaar, said, "At Paisabazaar, our focus has always been on making credit score more accessible and engaging for consumers. With CPL, we bring together the energy of sport, entertainment and rewards to further scale this awareness initiative. Our exciting new collaboration with Irfan Pathan should help us take our campaign up further notches and drive deeper consumer engagement around credit score across the country."

The latest edition of CPL offers rewards bigger than ever before. Individual(s) with the highest credit score in the country will win Rs. 1 lakh, while champions from each state will receive Rs. 10,000 each. In addition, all participants from the winning state — the state with the highest average credit score — will also be rewarded.

Consumers can participate in CPL by checking their free credit score on the Paisabazaar app and platform.

About Paisabazaar

Paisabazaar, a part of PB Fintech (listed since 2021), is India’s largest marketplace for consumer credit and free credit score. Over the last 11 years, Paisabazaar has earned the trust of over 55 million consumers. Paisabazaar has built 65+ partnerships withBanks, NBFCs, and fintechs to offer a broad range of credit products. Paisabazaar is ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

Priyank Kothari, Executive Director, Finkurve Financial Services Limited

The Company reported strong growth across key business and financial parameters during FY26, driven by continued expansion of its technology-led phygital strategy, branch network growth, and increasing customer adoption across markets. During the year, Finkurve crossed the significant milestone of INR 1,000 crore in Assets Under Management (AUM), underscoring its growing presence in India’s secured lending ecosystem.

Business Highlights: Q4 FY26
Finkurve continued to witness strong growth momentum during FY26, with Assets Under Management (AUM) growing 149% YoY to INR 1,096.1 crore, including off-book AUM of INR 21.03 crore, while AUM has grown nearly 10x compared to FY23. The Company expanded its branch network from 73 to 105 branches across India, with active gold loan customers standing at 28,506 as of March 31, 2026. During the year, Finkurve also raised approximately INR 111.5 crore to support expansion and strengthen its technology-led phygital strategy.

The Company achieved several strategic milestones during FY26, including the listing of its shares on the National Stock Exchange, crossing 100 tech-enabled gold loan branches, and expanding into South India with the launch of its first branch in Chennai. The Board also approved the appointment of Naveen Kottala as Chief Executive Officer effective November 18, 2025. Further, Finkurve entered into a strategic co-lending partnership with Godrej Finance Limited under RBI’s co-lending framework, while Infomerics and CARE Ratings assigned/upgraded the Company’s rating to ‘BBB+ / Stable’.

Financial Highlights: Q4 FY26
Finkurve reported a strong financial performance during Q4 FY26, with total income rising 71.21% YoY to INR 69.21 crore and Net Interest Income (NII) increasing 36.87% YoY to INR 47.44 crore. Profit Before Tax (PBT) grew 98.66% YoY to INR 10.42 crore, while Profit After Tax (PAT) increased 105.46% YoY to INR 8.04 crore. Basic EPS for the quarter stood at INR 0.58 compared to INR 0.31 in Q4 FY25.

The Company continued to maintain healthy asset quality and liquidity, with Gross NPA at 0.13%, Net NPA at 0.09%, and Capital Adequacy Ratio at 30.96%. Cash and cash equivalents stood at INR 102.12 crore, representing 8.28% of total assets.

Financial Snapshot: Q4 & FY26 (INR crore)

Key Metrics: Q4 FY26

Includes Off-Book AUM

Commenting on the performance, Mr. Priyank Kothari, Executive Director said, “Q4 FY26 represents a defining chapter in Finkurve’s journey. Our Assets under Management crossed the INR 1,000 crore mark during the year and reached INR 1,096 crore as on March 31, 2026, reflecting a 149% year-on-year growth. This milestone reflects the momentum we have built across our gold loan franchise and the growing trust of our customers and lending partners.

This growth has been supported by meaningful progress during the year. The expansion of our tech-enabled gold loan branch network and our co-lending partnership with Godrej Finance Limited are not just milestones, but important steps in building a stronger and more scalable business.

As we look ahead, we remain focused on ensuring that our growth is sustainable and well-governed. Asset quality continues to remain strong with Net NPA at 0.09%, our Capital Adequacy Ratio remains healthy at 30.96%, and liquidity remains comfortable. We will continue to invest in technology, expand our branch network, and diversify our funding base, while keeping risk management, operational discipline, and customer centricity at the core of everything we do.”

About Finkurve Financial Services Limited (Arvog)
Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), also known by its brand name Arvog, is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking, Middle-layer NBFC. Established in 1984 as Sanjay Leasing Ltd., the Company obtained its NBFC license in 1998 and was acquired by the Promoters in the year 2010.

Finkurve focuses primarily on gold loans, which form the majority of its Assets under Management (AUM), positioning it as a leading gold loan NBFC. The Company also offers personal loans and SME loans, expanding its financial solutions through partnerships with fintech companies.

Finkurve also has a strategic tie-up with Augmont Goldtech, India’s largest fully integrated gold platform, serving as a one-stop destination for all gold-related needs. 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.

Make your home appliance purchase more affordable with the Bajaj Finance Easy EMI Loan
 

During the Bajaj Finance Summer Sale, shoppers can purchase their preferred Haier AC 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 cooling capacity, star rating, and key 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 Haier AC models available this summer

Haier’s top AC models in India combine efficient cooling, inverter technology, and competitive pricing, making them reliable options for households seeking comfort during peak heat.
 

Haier 1 Ton 3 Star Dual Inverter Compressor Split AC White

Price: Rs. 32,200 | EMI starting from: Rs. 2,450 per month

Why it works: The Dual Inverter compressor and 7-in-1 Intelli-Convertible modes deliver consistent, energy-efficient cooling for small rooms. Frost Self-Clean and HD anti-bacterial filtration keep indoor air quality high with minimal maintenance effort.

Haier 1.5 Ton 3 Star Inverter Split AC White

Price: Rs. 35,000 | EMI starting from: Rs. 2,789/month

Why it works: A reliable mid-range option for medium rooms that brings Haier's core cooling features including Frost Self-Clean, HD filtration, and Hyper PCB protection at one of the most competitive price points in the 1.5-ton AC segment.

Haier 1 Ton 5 Star Split AC White

Price: Rs. 37,700 | EMI starting from: Rs. 2,743/month

Why it works: The 5-star BEE rating combined with 7-in-1 Intelli-Convertible modes makes this the most energy-efficient 1-ton Haier AC available this summer. The right choice for small rooms where the AC runs for extended hours daily.

Haier 1.5 Ton 4 Star Inverter Split AC White

Price: Rs. 38,600 | EMI starting from: Rs. 2,746/month

Why it works: Triple Inverter technology and AI Climate Control with Wi-Fi connectivity set this model apart in the 1.5-ton range. Suited for medium rooms in smart homes where remote operation and automated cooling are a priority.

Haier 1.6 Ton 5 Star Inverter Split AC Gold

Price: Rs. 47,700 | EMI starting from: Rs. 3,428/month

Why it works: The HEXA Inverter compressor, 5-star rating, AI climate control, and Wi-Fi make this the most comprehensively specified model in the lineup. The right choice for large rooms and buyers who want Haier's best technology with the lowest long-term running costs.
 

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 a Haier AC from Bajaj Finance partner stores

Splitting the cost of a new Haier AC into monthly instalments makes the upgrade far more manageable. Shoppers can follow these steps to get started:
 

1. Browse on Bajaj Mall: Compare Haier AC models by cooling capacity, star rating, and features before visiting a store.

2. Check pre-approved eligibility: The pre-approved loan limit can be verified using a registered mobile number and OTP verification.

3. Find a partner store: Check shortlisted models at 1.5 lakh+ stores across 4,000+ cities.

4. Check the model in person: In-store staff can assist with evaluating tonnage, star rating, and smart features.

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

6. Complete the purchase: Once approved, the transaction is processed instantly, and the Haier AC can be taken home the same day.

With limited-time offers and exclusive deals during the Bajaj Finance Summer Sale, now is the right time to bring home a Haier AC before the peak of summer arrives.

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.

Mr. Alexander George Muthoot, Joint Managing Director, Muthoot Finance
 

This continued recognition reflects Muthoot Finance’s strong legacy of trust, customer-first approach, and consistent focus on delivering reliable, transparent, and accessible financial solutions to millions of customers across India. As India’s largest gold loan NBFC, the company has built deep-rooted relationships across urban and rural markets, supported by its extensive consolidated branch network of over 7,500 branches and presence across 29 states and union territories, reinforcing its position as a dependable and widely accessible financial partner. The company now serves over 2.5 lakh customers every day across India, reflecting its deep reach and strong trust among households.

Commenting on the achievement, Alexander George Muthoot, Joint Managing Director, Muthoot Finance, said, "Being recognised as India’s most trusted financial services brand for the 10th consecutive year is a matter of immense pride and responsibility for us. This milestone is a reflection of the unwavering trust our customers have placed in us across generations, and it inspires us to continue raising the bar in everything we do. At Muthoot Finance, trust is not just a value, but the foundation of our business. We have consistently focused on delivering transparent, customer-centric financial solutions while embracing innovation to meet evolving customer needs. As we move forward, we remain committed to strengthening this trust, expanding access to credit, and empowering individuals and businesses across India to achieve their financial goals."

As a pioneer in formalising the gold loan segment in India, Muthoot Finance has played a pivotal role in transforming gold loans from an informal borrowing option into a structured, transparent, and widely accepted financial product. This recognition further reinforces how gold loans are increasingly being perceived as a smart, reliable, and trustworthy credit solution, particularly for households seeking quick and secure access to funds.

Muthoot Finance has also been certified as a Great Place to Work for five consecutive years by the Great Place to Work Institute, reflecting its sustained focus on employee wellbeing, a culture of trust, and a supportive, people-first work environment. The company was also recently recognised among the Top 50 India’s Best Workplaces™ in BFSI 2026 by Great Place to Work.

Muthoot Finance, which recently completed 15 years since its IPO, is also the first listed company from Kerala to cross a market capitalisation of Rs. 1 lakh crore and is a constituent of the NIFTY Next 50. The company is also classified as an Upper Layer NBFC. In addition, Muthoot Finance has undertaken extensive initiatives in CSR, and ISR, investing approximately Rs. 500 crore since 2014 and impacting over 5 million lives across India.

Muthoot Finance’s sustained leadership in the TRA Brand Trust rankings underscores its ability to build long-term relationships with customers by combining trust with service excellence and innovation. The recognition also highlights the company’s continued efforts in strengthening its brand equity while adapting to changing customer expectations and market dynamics.

Bajaj Finance Personal Loan
 

The personal loan product is designed to support financial needs such as medical expenses, travel, education, home improvement, and other personal requirements. With flexible repayment options and fast processing, it aims to improve access to credit for a wide range of customers.
 

With the latest update extending repayment tenure to up to 108 months, Bajaj Finance Personal Loan continues to focus on ease, flexibility, and responsible lending for a better customer experience. Here are some of the benefits offered by the Bajaj Finance Personal Loan.
 

Extended repayment tenure up to 108 months

The key update in Bajaj Finance Personal Loan is the introduction of a repayment tenure of up to 108 months. This gives borrowers more time to repay their loan in smaller monthly instalments.
 

The loan now offers tenure options ranging from 12 months to 108 months, allowing customers to choose a repayment period based on their income and financial planning needs. A longer repayment tenure helps reduce monthly EMI amounts. With up to 108 months available, customers can manage monthly expenses more comfortably.
 

This flexibility supports better budgeting and helps borrowers balance loan repayment with other financial commitments. It is especially useful for individuals managing long-term or high-value expenses.
 

Simple digital process with quick disbursal

The application process is fully online and requires minimal documentation. Customers can complete verification steps digitally, reducing paperwork and saving time.
 

Once approved, funds are typically disbursed within 24 hours*, subject to eligibility and verification.
 

Competitive interest rates

Bajaj Finance Personal Loan interest rate generally ranges from 10% to 30% per annum, depending on eligibility, credit profile, and repayment behaviour. This structure helps customers understand the cost clearly before applying.
 

Bajaj Finance Personal Loan interest rate is applied based on credit assessment and risk profile.
 

Designed for a wide range of borrowers

Bajaj Finance Personal Loan is available for salaried and self-employed individuals who need structured financial support. The loan amount ranges from Rs. 40,000 to Rs. 55 lakh, making it suitable for both small and large financial requirements. The loan doesn’t require any collateral.
 

It is commonly used for education costs, medical treatment, weddings, travel, home repairs, and other planned or emergency needs.
 

The flexible tenure and transparent pricing make it suitable for customers with different income levels and financial goals.
 

Collateral-free and transparent lending

The personal loan is unsecured, which means no collateral or security is required.
 

Customers only need basic identity, address, and income documents to apply. This simplifies the borrowing process and improves access to credit.
 

All terms, including repayment structure and interest rates, are clearly communicated during the application stage to support informed financial decisions.
 

Bajaj Finance Personal Loan continues to focus on responsible lending practices and transparent communication. With extended tenure options, flexible loan amounts, and a clear interest rate structure, the product is designed to support long-term financial stability.
 

The combination of quick approval, digital processing, and repayment flexibility makes it a dependable option for customers across India. Customers can check eligibility online and apply based on their financial requirements.
 

Terms and conditions apply*
 

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.

Avail limited-period Lifetime Free offer on premium BOBCARD ETERNA Credit Card at zero joining and annual fees

Fully geared up for the summer season to fuel your travel plan, the Lifetime Free offer is valid for a limited period until 30th June 2026. ETERNA will offer unlimited domestic lounge access, accelerated rewards on travel, dining and international spends, reduced forex markup, and other premium lifestyle features. These benefits will help customers achieve their travel goals without stressing about the costs.

Beyond fulfilling travel goals, this offer enables customers to unlock meaningful annual savings through waived fees and ongoing partner-led offers, with regular BOBCARD users potentially saving INR 4,500–INR 5,000 annually, while ETERNA cardholders can unlock value exceeding INR 1,00,000 per year through a combination of premium benefits and lifestyle-led offers. Over a three-year period, Lifetime Free cardholders can realise savings of ₹15,000+ compared to similar fee-based offerings in the market.

Under this offer, cardholders are eligible for a range of features including accelerated reward points (15 reward points per INR100) on select luxury spending categories like travel, dining, international, online shopping, a 1+1 complimentary movie ticket benefit every month, 3 rewards points on all other spends, and spend-based rewards. These benefits, combined with curated partner offers, further enhance the overall savings potential for customers across every day and premium spending categories.

The card also includes a welcome benefit, 12 months FITPASS Pro membership, valued at INR 48,000, allowing customers access to FITPASS partner gyms across the country for a full year at no additional cost. The cards further provide unlimited complimentary domestic airport lounge access, delivering additional lifestyle value that contributes to the overall annual savings proposition for cardholders.

In addition, the ETERNA Credit Card offers a low foreign currency markup and supports UPI-linked credit card payments on its RuPay variant and GPay linkage on Visa & Mastercard variants, enabling usage across both international transactions and everyday domestic spends.

The card also provides personal accident insurance coverage, a 1% fuel surcharge waiver, lifetime free add-on cards, and flexible EMI with tenures 6 to 48 months.

Cardholders can further access periodic merchant offers through BOBCARD’s partnerships with top shopping & travel platforms like Amazon, Flipkart, Croma, Make My Trip, Yatra, Reliance Digital, Myntra, & more. These partnerships play a key role in consistently driving additional value and savings for cardholders throughout the year.

With this Lifetime Free offer, BOBCARD aims to make premium credit card benefits more accessible, while reinforcing its commitment to delivering value-driven and customer-centric financial solutions.

Commenting on the LTF offer, Mr Ravindra Rai MD & CEO BOBCARD LIMITED, said, “At BOBCARD, we continue to focus on adding value for customers from the very beginning of their relationship with us. This limited-period Lifetime Free offer on the BOBCARD ETERNA Credit Card is intended to provide new customers access to premium benefits without joining or annual fees, while enabling a rewarding and hassle-free credit card experience. The offer also supports cardholders across their everyday spending, travel, and lifestyle needs.”

Your ultimate travel offer is here, Use BOBCARD ETERNA Credit Card to fulfil your travel goal with ease and convenience.

This is your opportunity to reimagine credit with a limited-period Lifetime Free BOBCARD ETERNA Credit Card. Go grab now!

About BOBCARD LIMITED
BOBCARD LIMITED was established in the year 1994. It is a Non-Banking Financial Company, wholly owned by Bank of Baroda. The Company’s primary business is in credit cards with its key differentiator being simple, easy-to-understand products that are fairly priced, efficiently serviced, and can easily be availed through a digital-all application process. A pioneer in the space of credit cards, BOBCARD Limited offers an array of products catering to all segments of customers including Everyday Shopping Cards like BOBCARD Cashback, Easy & Select, Card for Defence Personnel, Cards for Professionals like ICAI, ICMAI & ICSI, co-branded cards with Etihad, HPCL, Snapdeal, IRCTC, Premium Travel & Lifestyle cards like Eterna, Tiara, Premier, and more other variants. It is leveraging state-of-the-art technology to provide unique payment solutions to its customers.

For more information, visit www.bobcard.co.in.

The Bank’s total business reached Rs.43,693 Crores, underlining its expanding presence and deepening customer relationships across markets. As per the audited financial results, deposits rose significantly to Rs. 24,956 Crores from Rs. 22,380 Crores in the previous year, reflecting sustained customer trust and a growing deposit base. Advances also showed healthy growth, increasing to Rs.18,737 Crores from Rs. 16,973 Crores, indicating the Bank’s active role in supporting credit demand and economic activity. The simultaneous rise in deposits and advances points to a well-balanced growth strategy. 

The Bank reported a Net Profit of Rs. 205 Crores for the financial year. The profit remains robust and demonstrates the Bank’s ability to maintain steady earnings amid evolving sectoral conditions. The performance reflects disciplined operations and a focus on long-term sustainability. On the asset quality front, Gross NPA stood at 2.69%, while Net NPA was at 0.96%. The Bank continues to focus on prudent risk management and strengthening recovery mechanisms. Notably, the Capital Adequacy Ratio (CRAR) improved to 15.48%, reinforcing the Bank’s solid capital position and ability to support future growth. 

Mr. Durgesh S. Chandavarkar, Chairman, SVC Bank, said “The Bank’s performance reflects the continued trust of our customers and the strength of our governance-led approach. Even in a dynamic environment, we have remained focused on stability, prudent growth, and long-term value creation. We will continue to build on this foundation while strengthening our role in the cooperative banking sector.”

The Bank shared its audited performance highlights through official communication channels, receiving positive feedback from customers and stakeholders. This response reflects continued confidence in the Bank’s transparency, governance standards, and consistent delivery. 

With its guiding philosophy, “Your Trust, Our Strength,” SVC Co-operative Bank has reaffirmed its commitment to customer-centric banking and sustainable expansion. Going forward, the Bank aims to strengthen its digital offerings, enhance service quality, and broaden its reach, while carefully navigating sectoral challenges. The overall performance underscores its steady progress as a reliable institution in the cooperative banking space.

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%. Time and again, the Bank has proven its strong fundamentals and efficiency parameters.

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 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 & the 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. 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 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.

As Indian families plan for longer life expectancies, evolving responsibilities and rising financial needs, the demand for stable and predictable income solutions is growing. The PNB MetLife RISE plan is an individual, non‑linked, non‑participating savings life insurance product designed to combine guaranteed* income with comprehensive life cover, helping customers build long‑term financial preparedness for key life milestones with confidence and certainty.
 

The PNB MetLife RISE Plan offers customers the flexibility to choose between two plan options - Smart Income and Smart Income Pro- allowing them to decide when their guaranteed income begins and how they wish to receive it, while remaining protected throughout the policy term.
 

Under the Smart Income option, guaranteed income^^ begins from a customer‑chosen start year, between the 1^st and 5^th policy year, and continues until maturity, as per the selected payout mode and frequency.
 

Under the Smart Income Pro option, customers receive an instant cashback***, where a portion of the first‑year premium is returned within 30 days of first‑year premium realization after policy issuance. Guaranteed income^^ under this option starts from the 2^nd policy year and continues until maturity.
 

In both options, a lump‑sum maturity benefit (return of premiums) is payable, provided the policy remains in force and all due premiums are paid.
 

Once selected, the plan option cannot be changed during the policy term.
 

 Key benefits of the plan:

• Comprehensive life protection: Life cover for the entire policy term, with optional riders such as PNB MetLife Accidental Death Benefit Rider Plus (UIN: 117B020V04) and PNB MetLife Serious Illness Rider (UIN: 117B021V04), available at nominal cost**

• Flexible premium payment options: Premium payment terms ranging from 5 to 12 years

• Choice of income payout mode: Option to receive income in advance or in arrears, as per customer preference

• Tax benefits: Premiums paid and benefits received may be eligible for tax benefits, as per prevailing tax laws

• Survival benefit accumulation option: Customers may choose to accumulate survival benefits at 3% p.a., compounded monthly

Commenting on the launch, Sameer Bansal, MD& CEO, PNB MetLife said, “We believe that long‑term financial security is built on certainty, discipline, and protection. With the launch of the PNB MetLife RISE Plan, we are bringing together guaranteed income and life insurance protection to help customers plan for important life milestones with greater confidence. In an environment where families increasingly value steady cash flows and financial preparedness, PNB MetLife RISE reflects our commitment to enabling customers to stay Always Ready for Life.”

The PNB MetLife RISE Plan allows entry from 30 days of age^, with a maturity age^ ranging from 20 to 85 years. Annualized premiums start at Rs. 24,000, with no upper limit, subject to the Board‑Approved Underwriting Policy (BAUP). The plan offers a maximum Guaranteed Income payout period of 40 years.
 

About PNB MetLife India Insurance Company Limited

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India that combines the financial strength of MetLife, Inc. with the credibility of PNB, one of the India's oldest nationalized banks. PNB MetLife’s positioning, Always Ready for Life, is demonstrated through empowering every individual to lead their life with absolute confidence.

With a strong presence in 182 offices and access to customers in over 20,000 locations through bank partnerships, PNB MetLife offers a comprehensive insurance solutions portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement. The Company has a wide range of protection and retirement plans available through its sales channel of over 36,000 financial advisors and multiple bank partners and caters to over 585 group relationships in India.
 

For more information, follow us on:

Facebook - www.facebook.com/PNBMetLife

Instagram - www.instagram.com/pnb_metlife or visit - www.pnbmetlife.com

* The Guaranteed Benefits are applicable only if all due premiums are paid

^^Guaranteed Income varies by Plan Option, Sum Assured multiple, Premium Paying Term, Policy Term,

Guaranteed Income Start Year, Guaranteed Income Payout Period, Cashback% and Entry Age

^ Reference to age as on age last birthday

** Costs/ charges related to rider(s) & not included in the base policy premium & will be payable separately. T&C applied

***The cashback ranges from 5% to 50% of the first-year annualized premium (in multiples of 5%)

The launch builds on the strong track record of AYF I and AYF II. The maiden scheme has been fully deployed, with approximately Rs. 120 crore invested across four rent-yielding office assets in Bengaluru and Mumbai, delivering a weighted average yield of 8.6%. The second scheme has raised Rs. 135.9 crore, with Rs. 46.41 crore already deployed across two warehouse and office assets in Mumbai, generating a weighted average yield of 8.2%.

AYF III will focus on investing in stable, high-quality, pre-leased Grade A/A+ office and warehousing assets, two of India’s fastest-growing real estate segments while avoiding risks associated with greenfield development. The fund is targeting a 16–18% internal rate of return (IRR) over a 4–5 year hold period, with prudent leverage to enhance overall portfolio returns.

The investment team is currently evaluating a strong pipeline of approximately Rs. 2,520 crore across Bengaluru, NCR, and Pune.

India’s office market is poised for sustained growth, driven by increasing global outsourcing and expansion of Global Capability Centres (GCCs). Multinationals continue to scale operations in India due to significant cost advantages, while domestic technology firms are accelerating office expansion amid return-to-office trends. These dynamics, combined with an easing interest rate cycle, are expected to support cap rate compression and enhance exit outcomes.

Alt Capital’s leadership team brings deep institutional expertise, having previously played a key role in building office portfolios at global real estate major Blackstone Group. The team collectively brings experience across over $3 billion in real estate investments.

Commenting on the launch, Kunal Moktan, CEO and Co-founder, Alt Capital, said, “Following up on the success of AYF I and AYF II, we are excited to launch the third scheme under AltCap Yield Fund targeting income-generating office and warehousing assets in India. 

We believe AYF III is the right vehicle for investors looking to invest in Indian commercial real estate as it ensures diversification across 4-5 assets, advantages of leverage and the potential of sharper exit yields through a portfolio exit.”

Srinivas Mendu, CEO, FundsIndia Private Wealth, further stated, “We are delighted to partner with Alt Capital on AYF III as we raise Rs. 1,000 crores from our investors. Our conviction is strengthened by AltCap’s institutional pedigree and its alignment with high-quality platforms backed by WestBridge Capital. The team’s experience, including significant deployment during their time at Blackstone, combined with a disciplined investment approach, gives us strong confidence in the strategy.

Importantly, the focus on premium, pre-leased Grade A+ assets with no developer risk provides stability, predictable cash flows, and attractive risk-adjusted returns. We believe this partnership enables us to deliver a compelling solution to our clients, one that combines institutional quality, capital preservation, and steady income, ultimately providing greater confidence and peace of mind in their investment journey.”

AYF III is targeted at institutional investors, HNIs, family offices, and select domestic and NRI investors

About Alt Capital & Alt
Alt Capital is a SEBI-registered Portfolio Manager, Investment Advisor, and Category II Alternative Investment Fund (AIF) manager, focused on delivering returns through high-yield, rent-generating real estate assets across India’s key offshoring hubs. Founded by Kunal Moktan and Hashim Khan, the firm brings deep institutional expertise. Kunal, an IIM Ahmedabad alumnus, has over 15 years of real estate investment experience, including 7+ years with Blackstone Group, while Hashim combines 15+ years of experience in technology and operations with prior leadership roles in a large Middle Eastern real estate conglomerate. Since 2016, the founders have collectively invested over Rs. 2,378 crore in real estate and returned approximately Rs. 675 crore to investors.

Alt Capital is a wholly owned subsidiary of Alt, a Series B-funded, tech-enabled platform backed by investors including WestBridge Capital, Lightspeed, Beenext, and Pravega Ventures. Alt has been at the forefront of democratizing access to alternative assets, having pioneered fractional real estate investing in India through Property Share, which became the first platform to receive a Small and Medium REIT license from SEBI. With a presence across Mumbai, Bengaluru, and London, Alt offers access to a diversified suite of alternative investments spanning private credit, real estate, and listed REITs across global markets, serving over 300,000 users and managing more than $250 million in assets.

About FundsIndia
Founded in 2008, FundsIndia is one of India’s pioneering digital-first wealth management platforms, focused on simplifying investing for individuals, partners, and families nationwide. Built on a foundation of research-led insights, robust technology, and customer trust, FundsIndia enables investors to make informed, goal-oriented financial decisions with clarity and confidence. 

Backed by WestBridge Capital, a leading global investment firm, FundsIndia has further strengthened its capabilities through long-term strategic capital, governance expertise, and a strong focus on scalable, technology-driven growth.The company operates through three integrated business verticals, Digital (Retail), B2B (Partners), and Private Wealth, each led by dedicated leadership and working in close alignment to deliver scalable, long-term value. Together, these verticals serve a diverse investor base through a seamless blend of digital and advisor-led experiences.FundsIndia offers a comprehensive suite of investment solutions spanning mutual funds, equities, insurance, and other wealth products, supported by intuitive digital journeys, strong research capabilities, and personalized guidance. Headquartered in India and backed by institutional investors, FundsIndia remains committed to its mission of making investing simpler, more transparent, and accessible, helping millions of Indians build long-term wealth through disciplined, technology-enabled investing.

The company has announced plans to empower 20,000 new members by 2027, focusing on scaling financial inclusion in the region. This reiterates DJT Microfinance’s commitment to deliver microfinance services to low-income households with a focus on empowering women to become self-employed in underserved and rural areas of the country through convenient and secure loans. As part of the initial phase, the company will focus on the Lower Brahmaputra Valley agro-climatic zone, covering districts including Darrang, Tamulpur, Kokrajhar, Bongaigaon, Chirang, Udalguri, and Bajali.

Avinash Kumar, Chief Operating Officer, DJT Microfinance said, “Our expansion in Assam reflects our long-term commitment to responsible financial inclusion in regions where access to formal credit remains limited. Assam offers a unique combination of accessibility, economic potential and strong portfolio stability. We intend to adopt a calibrated expansion approach, focusing on disciplined growth, strong governance standards, and customer-centric products tailored to local requirements.”

The expansion will be primarily driven through the Joint Liability Group (JLG) lending model, which enables access to credit for low-income households and micro-entrepreneurs who often remain outside the formal financial system. DJT Microfinance recently commenced its operations in the state and is currently undertaking detailed market assessments and area surveys to design financial products aligned with local economic activities and borrower needs. Alongside its existing offerings, the company plans to introduce need-based products tailored to regional demand patterns.

Avinash Kumar further added, “Our lending framework will remain aligned with the NBFC-MFI regulatory guidelines, targeting households with annual incomes of up to ₹3 lakh. We also ensure that the fixed obligation to income ratio does not exceed 50% of the household’s monthly income. We will continue to adhere strictly to SRO guardrails while expanding our portfolio of services in the region.”

Currently, DJT Microfinance operates 75 branches across five states, serving approximately 75 thousand customers. Over the next three years, DJT Microfinance aims to build a scalable and stable portfolio in the Northeast, beginning with Assam. The strategy will focus on disciplined customer acquisition, prudent underwriting, and strong asset quality management.

Through its phased expansion strategy, DJT Microfinance aims to deepen access to formal financial services for underserved households while building a resilient and quality-driven portfolio across eastern and northeastern India.

Pralay Mondal, MD & CEO, CSB Bank, at the launch of Smart Save Account, their first retail offering following the upgrade of its Core Banking Platform

The new account, available in Savings, Current & NRO variants, aims to enhance returns on idle balances while maintaining liquidity. It features auto-sweep facility that transfers surplus funds into Fixed Deposits. The account offers up to 7% interest on sweep-in Fixed Deposits with a 13-month tenure thereby enabling customers to earn interest on excess funds without manual intervention.

The launch comes as part of CSB Bank’s broader digital transformation strategy, with the upgraded core infrastructure enabling rollout of automation-led, customer-centric offerings.

Designed for Today’s Dynamic Customers:

• Savings Account: Targeted at salaried individuals and customers maintaining higher balances.

• Current Account: Designed for businesses and professionals managing fluctuating cash flows.

• NRO Account: Aimed at Non-Resident Indians for managing India-sourced income such as rent, dividends and pensions.

Key Features:

• Auto-sweep facility of surplus funds into fixed deposits

• Up to 7% interest on 13-month sweep-in deposits

• No lock-in, ensuring anytime liquidity

• Complimentary RuPay Platinum debit card

• Up to 30% discount on locker rentals

Mr. Anupam Kumar, Head – Liabilities, CSB Bank, said, “The Smart Save Account represents our vision of simplifying banking while enhancing value for our customers. With features like auto sweep, attractive returns, and seamless liquidity, we are enabling customers to make their money work harder—without compromising on convenience. This launch is another step forward in our journey to build a digitally empowered, customer-first bank.”

With this launch, CSB Bank aims to strengthen its retail franchise by leveraging its upgraded technology platform to deliver more efficient and flexible banking solutions

About CSB Bank Limited

CSB Bank is one of the oldest private sector banks in India with an existence of over 100 years. Bank has a strong base in Kerala along with significant presence in Tamil Nadu, Maharashtra, Karnataka and Andhra Pradesh. CSB Bank offers a wide range of products and services to customers, with particular focus on SME, Retail, and NRI customers. CSB Bank delivers its services through multiple channels, including 855 branches and 826 ATMs/CRMs across the country, as well as alternate digital channels such as debit cards, internet banking, mobile banking, point-of-sale services, and UPI. CSB Bank is listed on both NSE and BSE.

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

CPL 2.0 introduces higher rewards and a broader participation framework

Over the past decade, Paisabazaar has been at the forefront of building credit awareness in India through its free credit score initiative, helping millions of consumers access, understand, and improve their credit health. CPL, according to Paisabazaar, is a natural extension of this commitment—designed to make credit awareness more engaging, participative, and action-oriented.

Santosh Agarwal, CEO, Paisabazaar, said,  "Driving large-scale awareness and engagement around credit has been central to our journey. With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit score more mainstream. Our focus remains on building a financially aware and credit-healthy Bharat-in line with our brand purpose ‘Har Sapna Hoga Sach’, enabling consumers to make informed financial decisions."

Building on the strong traction from its previous edition, CPL 2.0 introduces higher rewards and a broader participation framework. Individual(s) with the highest score in the country will win Rs. 1 lakh, while champions from each state will receive Rs. 10,000 each. In addition, all participants from the winning state (with the highest average credit score) will also be rewarded.

All rewards won in CPL 2.0 will be credited to winners’ PB Wallet, enabling them to seamlessly pay their credit card bills, recharge prepaid mobiles, and settle postpaid and utility bills directly on the Paisabazaar platform—making the rewards instantly usable and relevant to everyday financial needs.

The first edition of CPL saw over 5.5 million participants, with the highest score touching 861. Delhi emerged as the top-performing city, recording the highest average credit score of 746.

CPL 2.0 builds on this momentum by combining engagement, gamification, and rewards to make credit awareness more accessible and compelling.

Consumers can participate by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.

About Paisabazaar
Paisabazaar, a part of PB Fintech (listed since 2021), is India’s largest marketplace for consumer credit and free credit score. Over the last 11 years, Paisabazaar has earned the trust of over 55 million consumers. Paisabazaar has built 65+ partnerships withBanks, NBFCs, and fintechs to offer a broad range of credit products. Paisabazaar is ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

Building Foundational AI Models for Banking in India from India

The round also saw participation from a powerhouse group of fintech veterans and technologists, including Navin Kukreja (Founder, Paisabazaar), Gaurav Aggarwal (former CXO, Paisabazaar), Prasanna Rao (Co-founder, Arya.ag), along with a diverse group of Bay Area angels and also counts leading investors including Brigade REAP, Prarambh Ventures, IIMA Ventures, Inflection Point Ventures on its cap table.

Revolutionizing Secured Lending through AI

The capital infusion comes as India’s financial services sector undergoes a structural shift toward AI adoption in secured lending, risk assessment, and underwriting. With Micro-LAP and secured MSME credit emerging as strategic priorities for Banks, HFCs, and NBFCs, Navanc’s AI-driven infrastructure has moved from a "value-add" to a core necessity for institutional growth.

Navanc provides explainable credit underwriting AI infrastructure designed specifically for Home Loans, Secured Working Capital, and Loan Against Property (LAP). By digitizing and standardizing property diligence, Navanc enables faster, compliant loan origination, automated revaluation, and real-time portfolio monitoring.

Leadership Perspective

“We are excited to partner with Navanc as they build the digital infrastructure layer for India’s secured lending ecosystem. With strong enterprise adoption and clear product-market fit, Navanc is well-positioned to become a category-defining property-credit intelligence platform. We look forward to supporting the team as they scale into a large and enduring financial infrastructure company,” Manish Goel, Founder, Equentis

“The investment from Equentis has come in at the dawn of Navanc’s exponential growth, with our ARR, and client size increasing by 150% and 283% respectively,” said Nagachethan SM, Co-founder and CEO of Navanc. “This additional capital allows us to double down on our vision of building an intelligent, self-improving ecosystem that financial institutions can trust as their foundational risk layer.”

Byom Kesh Jha, Co-founder and CT&DO, added, “Property-based lending requires more than digitization—it demands deep domain intelligence and a strong foundational assessment AI stack. At Navanc, we are building across multiple layers of property assessment, with live use cases already reducing human dependency by 80–90% and turnaround times from days to hours. This funding is a significant milestone for us, enabling stronger R&D and deeper domain capabilities. It will help us move closer to building a scalable, pan-India property intelligence stack.”

Expanding Footprint

Navanc currently operates as a B2B platform, serving over 35+ institutional customers, including Small Finance Banks (SFBs), NBFCs, and HFCs. The newly raised capital will be deployed to:

• Accelerate Product Development: Enhancing the AI-first architecture for deeper property risk insights.

• Market Penetration: Scaling operations to meet the surging demand across the secured credit ecosystem.

• Team Expansion: Hiring top-tier talent across all departments.

About Navanc

Navanc is India’s first AI-native banking infrastructure company, dedicated to transforming how financial institutions understand and manage property-led risk. By bridging the gap between physical collateral and digital underwriting, Navanc is setting the default standard for secured lending in the "Decisive Decade" of Indian fintech.