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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

Banking system’s ₹5 lakh cr plus surplus liquidity prompts RBI to announce drain out auction Fintech IPO plans hit pause as weak rupee, retail pullback weigh on timing Godrej Capital eyes ₹50,000 cr AUM in 2 years, to launch gold loans by June FIU-IND, SEBI sign MoU to strengthen anti-money laundering framework in India HDFC Bank chairman resignation not a sign of financial stability: InGovern HDBFS shares jump 12% post Q4 results, brokerages see steady growth ED arrests former ADAG executive Amitabh Jhunjhunwala in loan fraud case Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise Satin Growth Alternatives launches debut ₹200 cr fund Insurers need to make payouts quick and frictionless, says DFS Secretary C-D ratio of banks widens to 255 bps Non-life insurers’ premium income rises 9.2% to ₹3.35 lakh crore in FY26 RBI allows NBFCs, including gold loan companies, to open branches without prior approval Trump says he may fire Fed chair Jerome Powell if he does not step down RBI allows NBFCs to open branches without prior approval, eases norms LPL Financial opens Global Capability Centre in Hyderabad Shriram Finance subsidiary gets RBI nod to start primary dealer business NBFCs' reliance on bank borrowings to increase in FY27 on lower interest rates RBI holds talks with banks on ways to boost deposits Banks increase mark-up over repo-linked external benchmark loans to protect margins Paytm becomes majority Indian-owned and controlled company as domestic investors raise stake UPI clocks 228.5 billion transactions in 2025, driving India’s digital payments boom Kevin Warsh files financial disclosures, pledges divestment for Fed nomination Bitcoin climbs to 4-week high on hopes of US-Iran peace talks Gold loans register sharp growth to emerge India’s second-largest retail credit product: TransUnion CIBIL Poonawalla Fincorp mops up ₹2,500 cr via QIP RBI returns Ujjivan SFB’s application to transition to a universal bank LIC board approves 1-for-1 bonus issue BoB and Reliance Jio launch mobile banking app for feature phone users Net sales of non-financial pvt cos rise 11.4% in FY25: RBI data
TVS Credit Q4 net profit up 13% at ₹256 crore
2026-05-13 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

TVS Credit, the NBFC from TVS group, reported a net profit after tax of ₹256 crore for the quarter ending March 2026, a 13% growth compared to the same quarter previous year.  

For the full year FY26, net profit after tax stood at ₹913 crore, a growth of 19 per cent from FY25. 

The company’s total Assets Under Management (AUM) stood at  ₹30,639 crores as of March 2026, a 15 per cent growth compared to Mar 2025. 

During FY26, TVS Credit disbursed loans to over 53 lakh new customers, bringing its total customer base to over 2.4 crore.

The growth in disbursements in the March quarter was supported by improved consumption sentiment and traction across key retail financing segments like the two-wheeler category, consumer durable financing, the company said in a release. 

“During the period, the company maintained its focus on risk-calibrated growth across product categories, building a diversified book. TVS Credit has adopted a prudent and proactive approach to underwriting and risk through calibrated credit policy restrictions and sharper credit metrics, which has started to reflect improvement in portfolio quality through reduction in total credit costs and GNPA,” it added.

Published on May 13, 2026