#Financial Services

Sundaram Finance Chairman S Viji Steps Down; Q2 Profit Jumps 20.5%

S. Viji resigns after 21 years as Sundaram Finance Chairman. R. Venkatraman takes over as the lender reports a 20.5% surge in Q2 profit. The NBFC also approved a ₹75 crore corporate restructuring to build its wealth management portfolio.

JM Financial Hires Ex-TCS Exec Chaitanya Mallapur for Corporate PR

Chaitanya Mallapur joins JM Financial as Assistant Vice President of Corporate Communications. The former TCS executive arrives as the financial group navigates recent RBI and SEBI hurdles while managing public relations for massive IPO deals.

Motilal Oswal Elevates Suresh Shukla to Wealth Management CEO

Suresh Shukla, a 30-year industry veteran, takes over Motilal Oswal's Wealth Management business. He succeeds Ajay Menon, who departs to launch a new venture, amid a sweeping leadership restructuring across the financial services group.

8 Numbers Showing Where Indian Banks (RBI) Deployed ₹229.95 Lakh Crore

Discover the 8 key numbers from the RBI’s September 2026 sectoral credit data. Bank lending reached ₹229.95 lakh crore, driven by a 41.8% surge in NBFC credit. Explore what this means for systemic risk, infrastructure, and retail stress.

UBS Acquires 4.8% Stake in 360 ONE WAM: The ₹2,112 Cr Deal

Swiss banking giant UBS has exercised 20.5 million warrants to secure a 4.8% equity stake in 360 ONE WAM. The ₹2,112 crore transaction cements a cross-border strategic partnership targeting India's expanding ultra-high-net-worth demographic.

Q2 Results FY27: Bank Profits Rise, AI Revenue Expands as India Inc Reports Mixed Earnings

HDFC Bank, ICICI Bank, Axis Bank, TCS and HCLTech report higher earnings, while Wipro and Jio Financial show why headline revenue growth does not always translate into stronger profits.

Former NSE Regulatory Chief Ankit Sharma Joins NSDL Governing Board

National Securities Depository Limited has appointed Ankit Sharma as Executive Director, Vertical 2, for five years from September 21, 2026. Sharma, formerly Chief Regulatory Officer at NSE, will oversee compliance, risk management and more.

RBI Approval AU Small Finance Bank: ICICI Prudential AMC Stake

The RBI approved ICICI Prudential AMC and its associated funds to acquire an aggregate holding of up to 9.95% in AU Small Finance Bank. Here is a fact-checked breakdown of the regulatory framework, key timelines, and bank financial performance.

Enamul Huque Appointed CEO of Standard Chartered Bangladesh

Standard Chartered Bangladesh officially names Enamul Huque as its new Chief Executive Officer. Huque brings 25 years of experience to lead the bank into its next growth phase, starting Sept 1, 2026.

Karur Vysya Bank Opens 16 New Branches in Single-Day Expansion

Karur Vysya Bank (KVB) inaugurates 16 new branches across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Delhi NCR, scaling its network to 919. Total business crosses ₹2.27 lakh crore.

Vishal Rathod Appointed CTO of AMFI: What Changes?

Vishal Rathod takes charge of AMFI’s technology function as India’s mutual fund industry expands its digital systems and investor services.

Girija Subramanian Joins IRDAI as Whole-time Member (Distribution)

Former New India Assurance CMD Girija Subramanian has assumed charge as Whole-time Member (Distribution) at IRDAI from August 10, 2026, bringing nearly four decades of insurance and reinsurance experience to the regulator

SK Finance Q4 Results: Reports ₹431 Crore PAT in FY26, AUM Rises to ₹15,755 Crore

SK Finance Limited reported strong FY26 performance with PAT of ₹431 crore, AUM of ₹15,755.22 crore and total disbursements of ₹9,162.27 crore for the year ended March 31, 2026.