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Jio Financial Services reported Q4 FY26 net profit of ₹272 crore, down 14% year-on-year, despite revenue surging to ₹1,018.51 crore from ₹493.24 crore the prior quarter. The profit decline amid strong revenue growth points to rising costs as the company expands its financial services operations. The board declared a
The RBI has removed prior-approval requirements for most NBFCs opening new branches, cutting regulatory lead time on geographic expansion. Deposit-taking NBFCs retain conditional rules based on net owned funds and credit ratings, preserving oversight where public deposits are involved.
HDB Financial Services posted a greater-than-40% profit increase in Q4 and declared a dividend of Rs 2 per share. The result reinforces the NBFC subsidiary's earnings trajectory at a time when its IPO path remains closely watched. Detailed disclosures on margins and asset quality will determine the durability of the pr
Tag
Jio Financial Services reported Q4 FY26 net profit of ₹272 crore, down 14% year-on-year, despite revenue surging to ₹1,018.51 crore from ₹493.24 crore the prior quarter. The profit decline amid strong revenue growth points to rising costs as the company expands its financial services operations. The board declared a
2mo ago · 1 min · Business
The RBI has removed prior-approval requirements for most NBFCs opening new branches, cutting regulatory lead time on geographic expansion. Deposit-taking NBFCs retain conditional rules based on net owned funds and credit ratings, preserving oversight where public deposits are involved.
2mo ago · 1 min · Policy & Government
HDB Financial Services posted a greater-than-40% profit increase in Q4 and declared a dividend of Rs 2 per share. The result reinforces the NBFC subsidiary's earnings trajectory at a time when its IPO path remains closely watched. Detailed disclosures on margins and asset quality will determine the durability of the pr
2mo ago · 1 min · Business
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