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Poonawalla Fincorp

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Last Updated: Just Now
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India Sports & Cricket Just now (06:00 PM IST)

Domestic Table Tennis Calendar in Disarray as Ad-Hoc Panel Rejects TTFI-Backed Event Recognition

India’s table tennis calendar has been thrown into confusion after an ad-hoc committee said a tournament backed by the Table Tennis Federation of India would not be recognised. The dispute has deepened uncertainty for players, coaches and organisers already navigating a fragmented domestic structure. The immediate fallout raises questions over ranking points, selection pathways and the authority governing the sport in the country.

By RDU Global Wire5 min read
Global Markets & EquitiesJust now (05:39 PM IST)

Global Stocks Hold Near Record Highs Despite Bond Market Turmoil

Global equities are trading close to record levels even as government bond markets face renewed stress from rising yields, persistent inflation concerns and geopolitical uncertainty. Investors are balancing strong earnings expectations and the durability of the AI-led rally against higher oil prices, currency swings and questions over stretched valuations.

6 min readRead →
Banking, Fintech & InsuranceJust now (03:55 PM IST)

Razorpay-Backed POP Enters Consumer Credit With POPchop BNPL Push

Razorpay-backed POP has launched POPchop, a buy-now-pay-later product that lets eligible shoppers split purchases into three interest-free instalments over three months. The move marks a strategic expansion beyond UPI, rewards and commerce as fintech platforms search for new ways to monetise large user bases without relying solely on payments volume.

5 min readRead →
National Governance & PolicyJust now (10:22 AM IST)

Narendra Bhushan Takes Charge as Secretary in the Ministry of Environment, Forest and Climate Change

Narendra Bhushan has assumed charge as Secretary in the Ministry of Environment, Forest and Climate Change, placing him at the centre of one of India’s most consequential policy portfolios. The appointment comes at a time when the ministry is balancing industrial expansion, environmental compliance, climate commitments, and forest governance across a fast-changing regulatory landscape.

5 min readRead →
National Governance & PolicyJust now (03:39 AM IST)

Centre Seeks Supreme Court Stay on Great Nicobar Hearings, Reasserts Challenge to Petitioner’s Standing

The Union government has moved the Supreme Court seeking a stay on hearings in the Great Nicobar project matter, while reiterating its position that petitioner Meena Gupta lacks locus standi and that the petitions amount to an abuse of process. The move comes after the Calcutta High Court rejected the Centre’s standing objection in May, clearing the way for a final hearing scheduled for November.

5 min readRead →
Macro Economy & Fiscal Policy12 Oct 2026, 05:47 AM IST

Poonawalla Fincorp Q2 Profit Surges More Than Fivefold as Income Streams Expand

Poonawalla Fincorp reported a sharp jump in second-quarter net profit, rising more than five times from a year earlier as net interest income and fee income both strengthened. The lender also said new loan products contributed meaningfully to disbursements, while a lower gross non-performing asset ratio pointed to improved asset quality.

5 min readRead →
Macro Economy & Fiscal Policy12 Oct 2026, 05:26 AM IST

Poonawalla Fincorp Q2 Profit Jumps Five-Fold to Rs 375 Crore on Strong Loan Growth

Poonawalla Fincorp reported a net profit of Rs 375 crore for the second quarter, a five-fold increase from a year earlier, as rapid loan book expansion lifted earnings and improved operating momentum. Net interest income rose 75.6% year-on-year, while asset quality strengthened and capital buffers remained comfortable, underscoring the lender’s continued scale-up in India’s retail credit market.

5 min readRead →
Macro Economy & Fiscal Policy12 Oct 2026, 04:04 AM IST

Poonawalla Fincorp Q2 profit jumps 407% to Rs 375 crore as lending momentum accelerates

Poonawalla Fincorp posted a sharp turnaround in the second quarter, reporting a 407% year-on-year rise in profit to Rs 375 crore, driven by strong business expansion, better asset quality and a wider gold loan footprint. Net interest income climbed 81%, while operating profit more than doubled, underscoring the lender’s improving scale and operating leverage.

5 min readRead →
Macro Economy & Fiscal Policy11 Oct 2026, 10:34 PM IST

Poonawalla Fincorp Q2 Profit Jumps More Than Fivefold on Stronger Income, Better Asset Quality

Poonawalla Fincorp reported a sharp surge in second-quarter net profit, rising more than five times from a year earlier as net interest income and fee income expanded strongly. The lender also said a growing share of disbursements came from new loan products, while its gross non-performing asset ratio improved, underscoring tighter asset-quality control.

5 min readRead →
Macro Economy & Fiscal Policy10 Oct 2026, 04:09 PM IST

Poonawalla Fincorp Q2 Profit Jumps Five-Fold to ₹375 Crore on Strong Loan Growth

Poonawalla Fincorp reported a sharp surge in second-quarter net profit to ₹375 crore, nearly five times higher year on year, powered by rapid expansion in its loan book and a 75.6% rise in net interest income. The lender also reported improving asset quality, with gross non-performing assets easing to 1.2%, while capital adequacy remained robust at 18.7%, underscoring a strong balance-sheet position.

5 min readRead →

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Co-Occurring Entities

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