Capital Small Finance Bank is aiming for over 20% growth in credit advances and 16% growth in deposits in FY26, as it looks to expand its loan book and push up its credit-deposit (CD) ratio. The bank posted a 21.4% year-on-year rise in net profit at ₹34.24 crore in the March quarter, with sequential growth
New Mountain Finance Corp (NASDAQ:NMFC) is set to release its Q1 2025 earnings on May 5, 2025. The consensus estimate for Q1 2025 revenue is $86.65 million, and the earnings are expected to come in at $0.32 per share. The full year 2025’s revenue is expected to be $344.62 million, and the earnings are expected
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TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during
Kenya’s National Treasury plans to increase the Fringe Benefit Tax (FBT) from the current 9% to 30%, at par with corporate tax FBT is subject to additional employee benefits such as low-cost loans, company vehicles and non-cash rewards FX Pesa lead market analyst Rufas Kamau warned that raising FBT could deter companies from offering fringe
National Treasury CS John Mbadi asked lawmakers to remove several items from VAT zero-rated to VAT-exempt This means manufacturers will no longer be able to recoup input taxes, which would ultimately force them to raise prices for consumers Among the items targeted are the transportation of sugarcane from farms to milling factories and the supply
Gov. Josh Shapiro is rolling out a new hotline and reporting system for consumer financial problems, which the administration says will help backfill some of the functions abandoned by the federal government as President Donald Trump seeks to shutter the Consumer Financial Protection Bureau (CFPB). Shapiro and officials from his administration launched the new phone
OAKLAND — Oakland’s interim mayor is delaying the release of a deeply consequential, two-year budget proposal that had been expected to detail how the city would balance a looming $265 million budget shortfall. The move by Interim Mayor Kevin Jenkins comes just two weeks after Oakland’s top finance official quietly resigned from the job she’s
Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding
There’s a new app that helps you copy stock trades from your favorite financial influencers and other investors. Dub, launched last year, lets users track trades from finance influencers and notable investors through a subscription-based model. In April, Dub raised $30 million in Series A funding from investors including Notable Capital to scale the platform