Suryoday Small Finance Bank Board Approves Total Capital Raise of ₹500 Crore
Suryoday Small Finance Bank has announced plans to raise up to ₹500 crore through a combination of Tier-1 and Tier-2 capital instruments. The board has also scheduled its 18th AGM for August 6, 2026, and established a record date for the final dividend payment.
Utkarsh Small Finance Bank Approves ₹500 Crore Tier II Bond Issuance
The Board of Directors at Utkarsh Small Finance Bank has approved a significant capital raise of ₹500 crore via Tier II bonds to strengthen its financial architecture. Alongside the fundraise, the bank announced the transition of its Chief Financial Officer, Sarjukumar Simaria, to the position of Whole Time Director for a three-year tenure.
Satin Creditcare Board Approves ₹100.10 Crore Fund Raise via Promoter Warrants
Satin Creditcare's board has approved a preferential allotment of warrants totaling ₹100.10 crore to its promoter group entity, Trishashna Holdings & Investments Private Limited. This capital infusion is intended to bolster the microfinance lender's capital base and support its long-term growth objectives.
Nisus Finance FY26 PAT Grows 108% to ₹68 Cr; Targets ₹5,000 Cr Core AUM for FY27
Nisus Finance delivered a strong financial performance for FY26, exceeding revenue and PAT guidance while successfully integrating its EPC subsidiary. The company is now pivoting toward large-scale asset management with a projected AUM of up to ₹5,000 crore and new digital tokenization initiatives.
Mufin Green Finance Eyes 200 Percent Profit Jump as AUM Hits ₹1,541 Crore
Mufin Green Finance has reported a robust 84% year-on-year growth in its Assets Under Management (AUM), reaching ₹1,541 crore by the end of March 2026. The company is undergoing a strategic shift from physical asset financing to high-margin digital products, targeting a net profit of ₹90 crore by FY27.
Capri Global Capital Establishes USD 1 Billion Global Medium Term Note Programme
Capri Global Capital Limited has secured approval from NSE IFSC Limited to establish a USD 1 Billion (approximately ₹9,600 Crore) Global Medium Term Note (GMTN) Programme. This milestone facilitates the company's entry into international debt markets to support its long-term growth objectives.
Piramal Finance Hits ₹1 Lakh Cr AUM; Annual Net Profit Surges 210% to ₹1,506 Cr
Piramal Finance Limited reached a significant milestone in FY26, crossing ₹1,01,230 crore in Assets Under Management with 25% year-on-year growth. The company successfully transitioned its portfolio to an 85% retail mix, leading to a substantial 210% surge in consolidated net profit to ₹1,506 crore, exceeding previous management guidance.
CMS Info Systems Secures ₹400 Crore ATM Managed Services Mandate from HDFC Bank
CMS Info Systems has been awarded a five-year integrated ATM managed services mandate by HDFC Bank valued at ₹400 Crore. The project involves managing 6,000 ATMs and implementing AI-driven logistics solutions to strengthen the company's private banking service portfolio.
Tamilnad Mercantile Bank Reports Record ₹374 Cr Q4 Profit as Advances Surge 20%
Tamilnad Mercantile Bank (TMB) achieved record quarterly profits and exceeded its credit growth guidance for FY26. The bank is transitioning towards a high-growth phase under new leadership while maintaining industry-leading asset quality and a strong gold loan portfolio.