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Bank of India

25 May 2025

121.94

2.29%

State Bank of India committed to improving profitability profile, says Chairman Setty

Business Line

SBI's market share was at 22.54% in deposits and 19.36% in advances as at March-end 2025

Number of MF schemes increased from 24 to 30 in Mar 2025 qtr.

IIFL Finance Ltd.

25 May 2025

435.85

1.92%

No compromise on compliance, audit for growth: IIFL Finance's Nirmal Jain

Business Standard

Nimal Jain shared the lender's strategies and growth plans for 2025-26 (FY26)

IIFL Finance Ltd. has an average target of 415.00 from 1 broker.

Punjab National Bank

25 May 2025

105.82

3.43%

PNB targets 16k-cr recovery, aims to keep slippages below 1% in FY26: MD

Business Standard

Punjab National Bank (PNB) is targeting a significant recovery of Rs 16,000 crore and aims to keep slippages below 1 per cent in the current fiscal year to sustain profitability, the top official of the country's second biggest state-owned lender said. The total recovery of the bank stood at Rs 4,733 crore for the fourth quarter and Rs 14,336 crore for FY25 while overall slippages ratio was 0.73 per cent during the last financial year. "Going forward, maximization of recovery and preventing fresh slippages are going to be priority areas. We are targeting a higher total recovery of Rs 16,000 crore as against of recovery of about Rs 14,000 crore in FY'25...we are expecting that the quarterly our slippages will be in the range of around Rs 1,500 crore to Rs 1,700 crore," PNB MD and CEO Ashok Chandra told PTI in an interview. The bank is going to focus on recovery through the technical write off accounts, he said, adding, "I am expecting that Rs 6,000 crore of recovery will happen in th

Number of FII/FPI investors decreased from 680 to 662 in Mar 2025 qtr

PNB targets 16,000 crore recovery, sub 1% slippages in FY26: MD Ashok Chandra

Business Line | 25 May 2025

Karur Vysya Bank Ltd.

25 May 2025

221.69

0.08%

Karur Vysya Bank Expects 2% More Credit Growth Than Industry In FY26

NDTV Profit

Karur Vysya Bank expects its credit growth to be more than 2% over the industry's overall growth during the current financial year, a top official said.

Karur Vysya Bank Ltd. has an average target of 271.60 from 5 brokers.

Karur Vysya Bank expects 2% more credit growth than industry in FY26

Business Line | 25 May 2025

Life Insurance Corporation of India

24 May 2025

954.45

1.06%

LIC sets Guinness World Record for most life insurance policies in 24 hours

Business Standard

Life Insurance Corporation of India on Saturday said it has earned a Guinness World Record title for most life insurance policies sold in 24 hours. This historic achievement, verified by Guinness World Records, recognises the extraordinary performance of the corporation's dedicated agency network on January 20, 2025, LIC said in a statement. On January 20, a total of 4,52,839 agents of LIC successfully completed and issued an astounding 5,88,107 life insurance policies across India, it noted. This monumental effort established a new global benchmark for agent productivity in the life insurance industry within 24 hours, it said. "It is a powerful validation of the relentless dedication, skill, and tireless work ethics of our agents. This achievement reflects our deep commitment towards our mission to provide vital financial protection to our customers and their families," the statement said. The record attempt was the culmination of an initiative by LIC MD and CEO Siddhartha Mohant

Life Insurance Corporation of India has gained 10.95% in the last 1 Week

ICRA Ltd.

24 May 2025

6740.00

2.09%

Domestic air passenger traffic rises in April, ICRA projects 7-10% growth for FY26

Business Line

ICRA noted that airline capacity deployment in April 2025 was 6.9% higher than in the same month last year

ICRA Ltd. is trading above all available SMAs

Union Bank of India

23 May 2025

146.79

4.03%

RBI fines Union Bank 63.6L, Lendbox 40L for regulatory breaches

Business Standard

The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Union Bank of India and Transactree Technologies for non-compliance with certain regulatory norms. A penalty of Rs 63.6 lakh has been imposed on Union Bank of India for non-compliance with the certain provisions of Banking Regulation Act, 1949 and certain directions on 'Credit Flow to Agriculture -- Collateral free Agricultural Loans', the RBI said. In another statement, it said a penalty of Rs 40 lakh has been imposed on Transactree Technologies Pvt Ltd (also referred to as 'Lendbox') for non-compliance with certain provisions of the 'Non-Banking Financial Company -- Peer to Peer Lending Platform (Reserve Bank) Directions, 2017'. In both cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with its customers.

Union Bank of India has gained 27.50% in the last 3 Months

Bank of Maharashtra

23 May 2025

53.98

5.86%

Broker's call: Bank of Maharashtra (Buy)

Business Line

AUM Capital

Bank of Maharashtra is trading at high volume of 47.5M with price gain of 5.86.

The New India Assurance Company Ltd.

23 May 2025

186.46

-0.33%

Motor TP premium hike crucial for survival: New India Assurance CMD

Business Standard

New India Assurance CMD Girija Subramanian says motor third-party premium hike is urgent to ensure business viability as incurred claims hit 108.2 per cent in FY25

The New India Assurance Company Ltd. is trading above its 150 day SMA of 178.0

NCL Research and Financial Services Ltd.

23 May 2025

0.65

-1.52%

Blackstone-backed firms invest 1,060 crore in Embassy Developments

Business Standard

NCL SG Holdings and Bellanza Developers convert warrants into equity, infusing 1,060 crore into Embassy Developments to support a 15,000 crore project pipeline

NCL Research and Financial Services Ltd. is trading above its 50 day SMA of 0.6