The non-compete payment —amounting nearly 5% of the deal value—is intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
Bandhan Bank reported a 12.6% YoY rise in advances to Rs 1.54 lakh crore and 10% growth in total deposits for Q4 FY26. Retail deposits
HDFC Bank reported a steady Q4, with deposits rising 15% YoY and advances growing 12%. Average deposits touched Rs 28.51 lakh crore, while period-end deposits
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