28, Oct 2025
MCOPS, MAHE Manipal Hosts Enterprize & Innovate 2025 with Record Participation
MCOPS, MAHE Manipal successfully hosts Enterprize & Innovate 2025 with record participation and entrepreneurial excellence
Manipal, 28th October, 2025: Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, through its constituent unit Manipal College of Pharmaceutical Sciences (MCOPS), successfully concluded the 4th edition of Enterprize & Innovate 2025. The three-day entrepreneurship fest, held from October 24-26, 2025, in a hybrid format (offline at MAHE Campus and virtual), focused on nurturing and celebrating the spirit of entrepreneurship by bringing together creative, management, and pharmacy minds on a common platform.

The fest achieved remarkable success with 200+ registered participants from various institutions across India, including both MAHE and non-MAHE colleges, participating at undergraduate, postgraduate, and doctoral levels. The event provided students with valuable opportunities to exhibit their business skills, creativity, and strategic thinking through a variety of interactive competitions and activities.
The event was organized by the Innovation & Entrepreneurship Committee (IEC) of MAPS, MCOPS, under the guidance of Faculty Coordinator Dr. Namdev Dhas and Co-coordinator Dr. Vignesh M. The inauguration ceremony on October 24, 2025, at the KMC Interact Hall, Manipal, was graced by Chief Guest Dr. Manesh Thomas, CEO of Manipal GoK Bioincubator, and Guest of Honour Mr. S. Varadharajan, Deputy Director of Intellectual Property Rights and Technology Transfer Office (IPTTO), MAHE, along with Dr. Srinivas Mutalik, Principal of MCOPS.
Dr. Srinivas Mutalik, Principal, MCOPS Manipal remarked, “Enterprize & Innovate 2025 represents MAHE’s commitment to developing entrepreneurial mindsets among pharmaceutical professionals. By bridging innovation with practical business intelligence, we are empowering our students to become not just skilled pharmacists, but also future leaders who can transform healthcare through entrepreneurial ventures and innovative solutions.”
The fest featured eight diverse competitive events designed to test multiple dimensions of entrepreneurship, including business case solving, marketing strategies, debating, pitching, and creative decision-making. The events included Quiz (testing entrepreneurial and business knowledge), Corporate Conundrum (business case study competition), Word Dealers (debate on contemporary business and ethical issues), Price is Right (market valuation challenge), Pitch Tank (flagship pitching event for innovative business ideas), Brand Race (brand strategy and marketing competition), Ad-Wit (creative advertising challenge), and Logo Bingo (visual branding and recognition game).
The fest offered substantial rewards and opportunities for participants, including a total cash prize pool worth Rs. 30,000, exciting prizes and trophies for winners across all events, and pre-incubation support from Manipal Government of Karnataka Bioincubator for top performers from Pitch Tank. All participants received comprehensive registration kits containing a laptop sleeve, customized cap with IEC logo, notebook and pen, participation certificates, and lunch on the final day. Virtual participants received their registration kits via courier, ensuring an inclusive experience for all attendees. Dr Mohammed Zubair, Chief Innvotaion Office, MAHE supported the Cash prizes through Innovation Centre, MAHE and was the Chief Guest in the valedictory function.
The resounding success of Enterprize & Innovate 2025 reinforces MCOPS’s commitment to developing well-rounded pharmaceutical professionals equipped with entrepreneurial skills. By encouraging innovation, strategic thinking, and exposure to real-world business challenges, the fest continues to play a vital role in shaping future healthcare entrepreneurs and leaders, contributing to MAHE’s mission of fostering innovation that creates meaningful impact in the pharmaceutical and healthcare sectors.
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- By Neel Achary
27, Oct 2025
Comfort First, Care Always: Krvvy Urges Women to Rethink Lingerie as Part of Breast Well-Being
New Delhi, 27th October, 2025: As India marks Breast Cancer Awareness Month this October, India’s first functional D2C lingerie brand Krvvy (pronounced Curvy) is inviting women to rethink something often overlooked in conversations around breast health and their everyday innerwear choices.

According to a new survey conducted by Krvvy, 93% of women rate comfort as an important factor when buying lingerie, and an overwhelming 99% say fit is the most crucial aspect. Yet, 34% still pick their bra sizes through trial and error, and only 44% rely on self-measurement or digital sizing tools. Krvvy surveyed over 1,000 women users.
“Women are becoming increasingly aware of how comfort, fit, and fabric influence their confidence but not many realize that these factors also play a role in overall breast well-being,” said Yash Goyal, Co-founder and CEO of Krvvy.
This subtle but meaningful shift in conversation aligns with Krvvy’s mission to redefine the innerwear experience for Indian women through products built on comfort, inclusivity, and function. The brand founded in 2024 by engineering graduates Yash Goyal and Anant Bhardwaj has rapidly grown into one of India’s most talked-about new-age lingerie startups.
Yash further added that “We want women to see lingerie not as a beauty or vanity product, but as something that supports how they feel and care for their bodies, every single day.”
Earlier this year, Krvvy raised ₹6.1 crore in pre-seed funding from Titan Capital and All In Capital, with participation from several angel investors. The funds are being deployed toward R&D, digital sizing innovation, and retail expansion to make functional, well-fitted lingerie accessible to more women across India.
While breast cancer awareness campaigns traditionally focus on detection and medical intervention, Krvvy is sparking a gentler, lifestyle-centric conversation. With a recent collaboration with Indian Cancer Society, Bangalore, the brand aims to create a larger mission towards self awareness, self check and self care. With just conversations around, it can become far easy to take care of each other. The brand emphasizes that something as simple as a well-fitted, breathable bra can make daily comfort and body awareness easier, which is a smaller but consistent steps toward well being.
“We are not medical experts and not advocating anything but as a brand that directly engages with thousands of women, we see how small changes in what they wear closest to their skin can inspire a more mindful relationship with their bodies. Awareness begins with attention and comfort is the first form of care,” added Goyal.
Krvvy’s approach of blending data, design, and empathy mirrors a growing shift in India’s women’s innerwear market, now valued at ₹80,000 crore, where conversations are gradually moving from appearance to wellness and self-expression.
As October draws attention to breast health, Krvvy’s message is clear that everyday comfort is not a luxury but a foundation of care.
27, Oct 2025
Grihshobha Inspire Awards 2025 to Honour Women Achievers on November 3 in Bengaluru

Bengaluru, October 27, 2025: The Grihshobha Inspire Awards, instituted by India’s iconic women’s magazine Grihshobha, returns with its Bengaluru edition on Monday, November 3, 2025, at the Bangalore International Centre (BIC). The awards night will celebrate exceptional women achievers from across diverse fields – from STEM, arts, entrepreneurship, grassroots leadership, and business to social change, public service, and culture.
The Inspire Awards shine a spotlight on women who have broken barriers, challenged conventions, and led with purpose – redefining what leadership and inspiration mean in today’s India. The Bengaluru edition will bring together eminent personalities, thought leaders, and changemakers in an evening that honours excellence and resilience while also celebrating art and expression through a special musical performance.
Following the success of its inaugural edition in Delhi (March 2025), the Inspire Awards are now expanding to new regions to celebrate diversity and regional representation. Each edition aims to uncover powerful stories of women who are transforming their communities and industries through courage, creativity, and conviction.
Anant Nath, Editor of The Caravan and Executive Publisher of Delhi Press, said,
“The Inspire Awards began as a celebration and have now become a movement. The incredible response to our first edition reaffirmed that India is full of stories that deserve to be told. By expanding the awards to new regions, we hope to recognize the depth of talent and leadership across the country. These awards are about shining a light on women who inspire others to lead with purpose and leave behind a legacy of change.”
The Bengaluru event will also feature a musical tribute, a two-part tribute curated and performed by Ananyaa Gaur:
- Curtain Raiser: A Tribute to Feminist Icon Begum Akhtar
- Curtain Call: Celebrating Feminine Voices in Folk Culture
The jury panel for the Grihshobha Inspire Awards 2025 comprises accomplished women leaders who bring credibility, expertise, and cross-sectoral insight to the selection process. Leading the jury is Sathya Saran, former Editor of Femina, joined by Richa Shah, Director of Delhi Press; Padmapriya Janakiraman, Actor;Nuriya Ansari, Education & Social Impact leader; Dilshad Master, Media Veteran & Adventure Enthusiast; Surabhi Kanga, Web Editor of The Caravan; Sobha Narayan, Auhtor & Journalist; and Suparna Mitra, former CEO of Titan Watches & Wearables Division.
The Inspire Awards follow a rigorous, transparent selection process, moving from a longlist of over 200 nominations across India to final awardees chosen by the distinguished all-women jury. This process reflects Grihshobha’s commitment to celebrating leadership that transcends region, industry, and background – embodying its philosophy of empowerment and progress.
About Grihshobha
Published by Delhi Press, Grihshobha is India’s most-read Hindi women’s magazine with over one million readers, published in eight languages – Hindi, Marathi, Gujarati, Kannada, Tamil, Malayalam, Telugu, and Bangla. For over 45 years, Grihshobha has informed, inspired, and empowered readers through its rich blend of stories on home, lifestyle, health, and relationships.
Delhi Press is one of India’s largest and most diverse publishing houses with 36 magazines in 10 languages, spanning women’s interest, current affairs, family, and children’s segments.
27, Oct 2025
Divine Surrender’: Buddhist Anthem of Peace and Compassion Unveiled in Mumbai
‘DIVINE SURRENDER’ A Buddhist Anthem of Peace, Awakening and Compassion Unveiled in Mumbai
Mumbai, 27th October, 2025: An evening of music, mindfulness, and spiritual reflection unfolded in Mumbai as ‘DIVINE SURRENDER’ The Buddhist Anthem of Peace, Awakening and Compassion” was officially launched at Downtown 20 Hall, Churchgate.
Penned by Shri Rajkumar Badole, former Minister and current MLA, the anthem carries a profound message of peace, self-realization, and compassion — values central to Buddhist philosophy. The project features internationally acclaimed actor Gagan Malik in a symbolic role, with music composed and sung by Pawa, a renowned Buddhist musician known for blending meditation, melody, and mindfulness into one transcendent experience. The anthem is directed by Niraj Prabhakar, who adds a cinematic depth to this spiritual creation and Produced by Mr. Aniket Badole of Yugandhar Creations. The song will also be launched in multiple languages like Thai, Vietnamese, Sri Lankan, Cambodian & Bangladeshi & many more”.
Recorded at Studio 28, Bangkok one of Southeast Asia’s most prestigious studios ‘Divine Surrender’ was brought to life with a grand symphony orchestra, creating a majestic fusion of Eastern spirituality and global orchestral soundscapes. The anthem serves as an artistic bridge between cultures, celebrating the timeless teachings of the Buddha through the universal language of music. Presented by Yugandhar Creations, ‘Divine Surrender’ stands as a heartfelt artistic offering that unites music, spirituality, and global harmony on one stage
The launch event was graced by several distinguished dignitaries, making it a truly memorable evening. Mr. Donnawit Poolsawat, Consul-General of the Royal Thai Consulate in Mumbai, and Shri Sanjay Savkare, Minister of Textiles, Government of Maharashtra, attended as Chief Guests. The Guests of Honour included Ms. Shirani Ariyarathne, Consul-General of Sri Lanka in Mumbai; Shri Dinesh Waghmare, Chief Election Commissioner, Maharashtra; Ms. Koushalya Wickramasinghe, Chairperson of Siddhivinayk Cine Arts (Pvt) Ltd.; and Act. Captain Nattakit Chaichalermmongkhon, Thai businessman and researcher, Mr. Aniket Badole, Producer, Yugandhar Creations. The event also saw the presence of Pawa, the composer and singer of the anthem; Gagan Malik, acclaimed actor; and Niraj Prabhakar, director of the ‘Divine Surrender’ music video.
Speaking at the launch, Shri Sanjay Savkare, Minister of Textiles, Government of Maharashtra, said, “Today, this beautiful song ‘Divine Surrender’ has been launched with collaborations from Thailand, and I am truly happy to witness it. In politics too, we have artists who appreciate culture and creativity, and I feel proud to see such initiatives coming from our own leaders. I extend my best wishes to the entire team behind this anthem.”
Mr. Donnawit Poolsawat, Consul-General, Royal Thai Consulate in Mumbai said, “It is truly heartening to see a project like Divine Surrender emerge as a bridge between Thailand and India, two nations who are deeply connected through the shared wisdom of Lord Buddha. This anthem reflects the timeless message of peace and compassion that our cultures have cherished for centuries, now expressed through the universal language of music.”
Shri. Rajkumar Badole shared, “Divine Surrender’ is more than just music — it is a prayer for global harmony, a surrender to the divine truth within. When I penned these verses, I envisioned a message of peace that transcends borders. With Pawa’s soulful music recorded in Thailand and Gagan Malik’s profound presence bringing it to life, this anthem has truly become a bridge of compassion between India and the world.”
Adding to the reflection, Pawa said, “Through this anthem, I wanted to create an experience that helps people pause, breathe, and reconnect with the compassion that lives within us all as Buddha music is not just music but about meditation.
Mr. Gagan Malik, who has featured in the anthem, shared, “This world, in the phase it is going through today, needs peace more than ever. Dr. Babasaheb Ambedkar was a true visionary he had foreseen this long ago, understanding that only compassion and equality can guide humanity forward. I feel grateful that through ‘Divine Surrender,’ I can carry this message of peace and awakening ahead.”
The evening witnessed an inspiring confluence of culture, art, and spirituality. Dignitaries, monks, artists, and members of the creative fraternity came together to celebrate the message of peace and awakening that the anthem embodies. The atmosphere was serene and contemplative, with live performances and moments of silence that invited introspection and harmony.
The event marked a significant milestone in the journey of Buddhist art and music from India to the world a harmonious confluence of philosophy, creativity, and devotion that left the audience deeply moved.
25, Oct 2025
PVL 2025: Mumbai Meteors book a spot in the final with a dominant win over Goa Guardians
25th October, 2025: Mumbai Meteors defeated the Goa Guardians 15-8, 15-8, 16-14 to book a spot in the final of the RR Kabel Prime Volleyball League powered by Scapia at the Gachibowli Indoor Stadium, Hyderabad on Friday. Shubham Chaudhary was named the Player of the Match. Mumbai will play the winner of the second semifinal between Bengaluru Torpedoes and Ahmedabad Defenders.
Goa showcased their attacking intent early on with Nathaniel Dickinson’s spike and Rohit Yadav’s power-packed serve. But Goa’s defence struggled against consistent attacks from Mumbai’s Shubham Chaudhary and Amit Gulia. Dickinson’s spike helped Goa win the super point, but Mumbai’s disciplined formation edged the Meteors ahead.
Prince tried to counter-attack for Goa from the middle zone, but Karthik kept Mumbai stable. Smart play from Shubham minimised Mumbai’s errors. Goa made a change in formation, bringing on setter Aravind to turn the momentum. A super serve from LM Manoj provided a moment to celebrate for the Guardians. But Prince’s overhit shot cost Goa a super point, helping Mumbai take a two-set lead.
Amit’s super serve continued Mumbai’s dominance while adding more pressure on Goa’s shoulders. Petter Ostvik won the battle against Prince in the third set, helping Mumbai dominate the middle zone. Vikram won a super point, giving a glimmer of hope to the Goa fans. But just when it looked like Goa would be able to fight back, Karthik blocked Chirag Yadav’s spike, helping his side win the game and reach the final.
24, Oct 2025
Salesforce hosts the 3rd edition of the Trailblazing Women Summit in India
Bengaluru, India, 25 October, 2025: Salesforce, the world’s #1 AI CRM*, successfully hosted the third edition of its Trailblazing Women Summit in India, in Bengaluru. The summit, themed “Become an Agent of Change,” saw participation from 300+ in-person attendees and 300+ live virtual participants, aiming to inspire and empower the next generation of women leaders and allies.
The summit featured thought-provoking discussions with leading women professionals across industries on how AI is reshaping the future of work and leadership. Drawing from their personal journeys, the speakers shared strategies on how to adopt AI, develop future skills, mentor effectively, and cultivate inclusive leadership. They emphasized that becoming an “agent of change” means navigating transformation with resilience, driving innovation, and inspiring the next generation of leaders to thrive.
Key leaders included Soujanya Aluri, Chief Digital Officer, TVS Credit; Bhargavi Sridharan, Head of Aditya Birla Capital Digital & ABC One; Monika Phartyal, CIO, Page Industries; Carol Furtado, Executive Director, Ujjivan Small Finance Bank; and Romi Jatta, Group Chief Purchase Officer, Usha International. They highlighted personal journeys, the role of mentorship, and practical strategies to navigate AI-driven transformation while remaining agents of change in their organizations.
Salesforce leaders including Molly Q. Ford, VP, Culture & Engagement, Salesforce; Relina Bulchandani, EVP, REWS, Salesforce; Mankiran Chowhan, Managing Director & SVP, Sales & Distribution, Salesforce India; Sugi Venkatesh, SVP, ES Business Partner, Salesforce India; Sonali Kalyanikar, RVP, Sales, Salesforce India; and Parul Jain, VP, Software Engineering, Salesforce India, also shared insights on leveraging technology to empower teams, build inclusive workplaces, and foster a culture of continuous learning.
Reflecting on the significance of the summit, Arundhati Bhattacharya, President & CEO, Salesforce South Asia, said, “True impact comes when we lead with purpose, nurture talent, and create opportunities for others to shine alongside us. My advice to young women aspiring to lead is to step forward with confidence, seek mentors, and lift others as you rise. For women advancing in their careers, continue learning, challenge the status quo, and build inclusive teams that amplify diverse voices.”
Mankiran Chowhan, Managing Director & SVP, Sales & Distribution, Salesforce India, added, “It is inspiring to see so many women leaders and allies come together to share their stories and strategies for navigating change. As we embrace the agentic AI era, it is essential to leverage the full spectrum of talent and perspectives. By adopting AI with purpose and inclusivity, we can drive innovation while building more equitable and dynamic workplaces. The remarkable women participating in this summit will play a pivotal role in shaping the future of our industry.”
The Trailblazing Women Summit is a celebration of talent, ambition, and the transformative power of inclusion. Key takeaways from the summit included the importance of adaptability, mentorship, and allyship in accelerating careers and building equitable organizations.
23, Oct 2025
Samir Shah of Dvara Holdings selected for the 2025 Meaningful Business 100
Chennai, India, 23rd October, 2025: Samir Shah of Dvara Holdings has been named as one of this year’s Meaningful Business 100 (MB100), the annual award programme championing leaders combining profit and purpose to tackle complex social and environmental issues.
Evaluated by a panel of expert judges representing organisations like Google, Mastercard, Unilever SAP, Temasek and the World Economic Forum, winners were selected from over 900 nominations, across 86 countries. These outstanding social entrepreneurs, sustainability leaders, Corporate CEOs and impact investors were scored across five key areas: equity, impact, innovation, leadership and scalability.
As part of the ongoing MB100 programme, now in its 7th year, winners will gain access to investment opportunities, capacity-building resources, and pro-bono services from a range of leading organisations, including EY, Hogan Lovells, Forster Communications, Green Frontier Capital, Kenya Climate Ventures, and The Portman Estate. They also join the Meaningful Business community – a global network of social entrepreneurs, impact investors, and corporate sustainability leaders.
Commenting on the 2025 MB100, Tom Lytton-Dickie, Founder & CEO, Meaningful Business, said: “Firstly, a big congratulations to Samir Shah, whose inspiring work at Dvara Holdings demonstrates how combining profit and purpose can tackle complex social and environmental issues. The calibre of this year’s applications was exceptionally high, and we’re honoured to have Samir join our global community. We are looking forward to supporting their work in the coming years, as they scale their influence and impact.”
On being selected as part of the MB100 2025 cohort, Samir Shah, Executive Vice-Chair & Co-Founder, Dvara Holdings, said “This recognition is deeply meaningful—not just for me, but for the entire Dvara ecosystem. Our journey has been about building institutions that take the long view, solve deeply entrenched problems, and prioritise customer-centricity, trust, and resilience. I’m grateful to the MB100 community for celebrating this kind of impact, and I look forward to learning from and contributing to this community. I hope it encourages more mission-driven founders to stay the course, even when the road is complex.”
As one of the MB100 judges, Stasia Mitchell, EY Global Entrepreneurship Leader, added, “Congratulations to the MB100 Class of 2025! These inspiring leaders in social entrepreneurship, sustainability, corporate innovation and impact investing show how entrepreneurial thinking can be truly transformational. Chosen from over 900 nominations across 86 countries, they are delivering scalable solutions to global challenges by aligning purpose with profit. It was an honor to serve as a judge and see firsthand how they are shaping a more inclusive and sustainable future.”
22, Oct 2025
Marriott Executive Apartments Hyderabad Promotes Anthony Martin as Front Office Manager
Marriott Executive Apartments Hyderabad Announces Promotion of Anthony Martin to Front Office Manager
Hyderabad, 22nd October, 2025: Marriott Executive Apartments Hyderabad is pleased to announce the promotion of Anthony Martin to Front Office Manager, recognizing his exceptional dedication and leadership within the Marriott International family.

Martin’s journey with Marriott spans 16 years, beginning in 2009 at Hyderabad Marriott Hotel & Convention Centre as a Cafeteria Service Boy. His commitment to excellence led him to the Front Office department in 2013, where he progressed from Bell Boy to Front Desk Manager over a decade of dedicated service.
In June 2023, Martin joined Fairfield by Marriott Benaulim Goa as Assistant Front Office Manager before returning to Hyderabad in 2024 to join Marriott Executive Apartments in the same capacity.
“It has been an incredible 16-year journey with Marriott filled with learning, growth and opportunities that have shaped both my professional and personal development,” said Martin.
Beyond the desk, Martin enjoys watching cricket, listening to music, and cherishes time with his family, especially his eight-month-old son. In his new role, Martin will oversee all front office operations, leading the guest services team to ensure the signature service standards that define the Marriott Executive Apartments experience.
20, Oct 2025
Five Emerging Artists Shine at 34th Ravi Jain Memorial Foundation Awards
Dhoomimal Gallery concludes its two-week exhibition celebrating India’s next generation of contemporary artists
New Delhi, October 20, 2025: Dhoomimal Gallery, India’s oldest modern art gallery, successfully concluded the 34th Annual Ravi Jain Memorial Foundation (RJMF) Exhibition with an inspiring Awards Ceremony that marked the grand culmination of the two-week-long showcase. From 60 participants selected out of over 500 nationwide entries, five exceptional emerging artists, Santanu Dey, Shuvam Sen, Naina Somani, Soumitra Das, and Ayesha Sultana Pramanik; were honoured as winners.

This year, in recognition of the extraordinary quality and diversity of submissions, the jury decided to extend the awards to five winners instead of the usual four—a reflection of the remarkable creative talent on display. Each awardee received ₹1,00,000 along with continued mentorship and opportunities to advance their artistic journey.
Speaking about the awards, Uday Jain, Director of Dhoomimal Gallery, said, “This year’s edition truly stood out for the calibre and originality of the participating artists. The jury’s decision to honour five awardees is a testament to the depth of emerging talent in India today. The Foundation remains deeply committed to nurturing these voices and continuing my father’s vision of supporting the future of Indian art.”
The winners were selected by a distinguished jury panel comprising Vibha Galhotra, Rekha Rodwittiya, Anish Gawande, Arunkumar H.G., and Ina Puri—renowned figures representing diverse perspectives across art, curation, literature, and cultural discourse.
The 34th RJMF Exhibition, held from September 29 to October 15, 2025, presented over 120 artworks spanning painting, sculpture, printmaking, video, and digital art. The showcase drew strong participation from collectors, curators, artists, and art enthusiasts, reaffirming Dhoomimal Gallery’s role as a leading platform for emerging Indian talent.
Instituted in 1991 by Smt. Uma Jain in memory of Ravi Jain (1936–2000)—the visionary gallerist who transformed Dhoomimal into a cornerstone of Indian modern art—the Ravi Jain Memorial Foundation continues to carry forward his belief that “for the art movement to perpetuate and grow, we must constantly nurture new talent.”
Over the past three decades, the RJMF Exhibition and Awards have evolved into one of India’s most respected platforms for emerging contemporary artists, offering visibility and recognition at formative stages of their careers.
Today, under the leadership of Uday and Sunaina Jain, the Foundation and Dhoomimal Gallery together remain dedicated to promoting contemporary voices, mentoring young artists, and shaping a vibrant ecosystem for Indian art.
18, Oct 2025
Central bank of India Financial Results for the Quarter Ended September 30th, 2025.
India, 18th october 2025: The Bank has reported robust performance for the quarter ended September 30, 2025, reflecting strong growth across business, deposits, advances, and asset quality.
Business and Deposits
The Bank’s total business witnessed significant growth, driven by both retail and institutional segments. Total deposits showed steady expansion, with CASA deposits contributing a substantial portion, reflecting a strong and stable deposit base.
Advances and Asset Quality
Gross advances increased, supported by growth across Retail, Agriculture, and MSME sectors. Asset quality improved, with both gross and net NPAs declining, supported by a strong provision coverage ratio.
Profitability
Net profit for the quarter recorded a marked improvement. Operating profit reflected some moderation due to changes in net interest income and non-interest income, while net interest income remained healthy. Return on assets and return on equity showed positive trends, highlighting efficient capital utilization.
Capital Adequacy and Network
The Bank’s capital adequacy remained strong, with Tier I capital improving over the previous period. The Bank continues to maintain a pan-India presence, with a wide network of branches, ATMs, and business correspondent points, serving customers across urban, semi-urban, and rural areas.
Outlook
The Bank remains focused on sustaining growth across deposits, advances, and profitability while maintaining strong asset quality and capital adequacy. Strategic initiatives in retail, agriculture, and MSME sectors, along with enhanced customer touchpoints, are expected to drive continued momentum in the coming quarters.
