Jana Small Finance Bank Q1 FY27 PAT Rises to ₹155 Crore as NIM Recovers to 7.5%
Jana Small Finance Bank reported a net profit of ₹155 crore for the first quarter of FY27, marked by a recovery in Net Interest Margins to 7.5%. The bank is aggressively shifting its portfolio toward a 80% secured asset mix while utilizing guarantee programs to mitigate risks in its unsecured microfinance segment.
Paul Merchants Finance Launches Loan Against Securities and Silver to Expand Portfolio
Paul Merchants Finance Private Limited, a material wholly owned subsidiary of Paul Merchants Limited, has expanded its domestic credit portfolio with the launch of 'Loan Against Securities' and 'Loan Against Silver'. The new financial products aim to provide collateralized liquidity options for retail and institutional clients with immediate effect.
Piramal Finance Board Approves ₹4,000 Crore Fund Raise and Reports Strong Q1 Results
Piramal Finance has received board approval to raise up to ₹4,000 crore through various instruments including equity shares, convertible securities, and non-convertible debentures. The decision was announced alongside a strong quarterly performance, with consolidated net profit for Q1 FY2026 rising to ₹460.98 crore.
Jana Small Finance Bank Q1 FY27 Profit Jumps 52% YoY to ₹155 Crore
Jana Small Finance Bank Limited (JSFB) delivered a strong performance in the first quarter of FY27, reporting a 52% year-on-year increase in profit after tax. The growth was supported by expanding net interest margins and a strategic shift toward a secured loan portfolio, even as the bank navigated regulatory developments regarding its promoter holdings.
Stellant Securities Promoter Mangala Subhash Rathod Acquires Shares Worth ₹5.1 Crore
Mangala Subhash Rathod, a promoter of Stellant Securities (India) Ltd, has converted 1,50,000 warrants into equity shares at a price of ₹340 per unit. This ₹5.1 crore transaction raises the promoter group's voting shareholding to 45.25%, reflecting a continued consolidation of ownership within the firm.
KFintech Launches Finex Platform to Enable Same-Day Physical SIP Registration
KFin Technologies has deployed its Finex transformation programme to automate the traditionally manual physical SIP registration process. By leveraging agentic AI and intelligent workflows, the company has reduced activation timelines from several weeks to a single day, significantly enhancing operational efficiency for asset management companies.
Paisalo Digital Promoters Increase Stake by 4.97% to Reach 46.72% in Q1FY27
Paisalo Digital's promoter group has acquired an additional 4.97% stake through open-market transactions, raising their total ownership to 46.72%. This consistent increase in shareholding underscores management's confidence in the company's AI-driven lending roadmap and mission to double its AUM within three years.
Ashika Global Securities Raises ₹9.14 Crore via Conversion of Equity Warrants
Ashika Global Securities Limited has completed the allotment of 2,00,000 equity shares following the conversion of warrants issued to non-promoter investors. The transaction raised ₹9.14 crore at a significant premium, though a larger portion of the original warrant issue was forfeited due to non-exercise.
IIFL Finance Board Approves ₹10,000 Crore Fund Raise and CFO Leadership Transition
The Board of Directors at IIFL Finance has approved an enabling resolution to raise up to ₹10,000 crore through equity or other eligible securities. This capital infusion plan is accompanied by a significant expansion of the company's global note program and a transition in its senior financial leadership.