30, Jan 2025
Bollywood Star Anil Kapoor Speaks with ‘Vichaar Kar’ Mascot in Sahyadri Hospitals’ First-Ever Campaign
Maharashtra, January 30, 2025: Sahyadri Hospitals, Maharashtra’s largest chain of multispecialty hospitals, introduces a one-of-a-kind brand mascot, VK, as part of its latest campaign to steer health awareness and education across the state. The uniquely crafted mascot character Vichaar Kar (VK) features along with Bollywood icon Anil Kapoor (AK) in a video series of intriguing AKVK Show. This initiative represents a fresh approach to engaging communities with healthcare conversations that are both relevant and impactful.
Rooted in Sahyadri 2.0 – a transformative growth phase for the hospital chain, the AKVK Show is part of Sahyadri’s new campaign For Life. Aimed at sparking meaningful conversations about health and wellness, the show tackles topics that matter to every family—preventive care, wellness and the importance of timely medical intervention—adding a touch of relatability through the language and cultural flavour.
“At Sahyadri, we believe in going beyond treatment to promote and sustain optimum health and fitness levels among the community. With the ‘Sahyadri – For Life’ campaign, we want to emphasize our role as a trusted healthcare partner for Maharashtra who stands by patients through every phase of their medical journey, offering hope and ensuring the best medical outcomes. We are thrilled to welcome Mr. Anil Kapoor as a voice of this campaign,” said Mr. Abrarali Dalal, Managing Director and CEO of Sahyadri Hospitals.
Talking about the unique concept of the AKVK Show, Chief Marketing Officer of Sahyadri Hospitals, Mr. Manish Rai said, “With his witty dialogues, wisdom and unique approach to life, VK is not just a mascot but the voice of the common man in Maharashtra. VK is designed to simplify complex healthcare topics, breaking them down into relatable, everyday conversations. When paired with Anil Kapoor’s vibrant charisma, the AKVK Show creates a unique dialogue that is not just informative but also culturally relevant and impactful for our communities”.
With VK’s character carefully crafted to align with the typical characteristics of ‘Common man’ and the distinctive ‘Puneri’ charm, the AKVK Show is a perfect example of global appeal seamlessly blending with regional authenticity. The show will roll out across multiple platforms, including print, Out-Of-Home (OOH), radio, OTT platforms and digital channels, ensuring it reaches every corner of Maharashtra with a message that feels like home.
Further elaborating on the campaign’s broader messaging, Mr. Manish Rai adds, “The campaign also introduces a direct and reassuring message to the public: You and Us. There are only two people responsible for your health and wellbeing—YOU and US. This emphasizes the individual’s role in maintaining their health, supported by our world-class doctors and surgeons, equipped with the latest global medical technology, ready to provide comprehensive healthcare solutions. This reassures the community that while self-care is crucial, Sahyadri’s dedicated teams are always ready to provide the best possible care.”
Sahyadri Hospitals has always been at the forefront of innovative healthcare solutions with a robust network of 11 state of the art facilities across Maharashtra. Apart from this campaign, Sahyadri also has a robust expansion pipeline that would further strengthen its position as the largest chain of hospitals in Western India.
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- By Team
30, Jan 2025
Top Manufacturing Workplaces Foster 2.7x More Psychological Safety for Employees
Mumbai, January 30, 2025: The manufacturing sector is undergoing a profound transformation, and at the heart of this change lies a new approach to workplace culture—one that is grounded in fairness, transparency, and inclusivity. As India’s manufacturing industry advances toward Industry 5.0, the need for companies to prioritize not just technological innovation, but also the well-being of their workforce, has never been more critical. The organizations recognized as India’s Best Workplaces™ in Manufacturing for 2025 are leading the way by creating environments where employees feel valued, motivated, and genuinely connected to their work.
As the manufacturing sector embraces the shift toward Industry 5.0, companies are realizing that employee well-being is a crucial engine for this transformation. While technological progress remains a priority, the role of people in this evolution is equally important. Over the past five years, there has been steady progress in improving work-life balance, management approachability, and employee involvement, helping to combat the burnout that has long challenged the sector.
Today, employees in the Best Workplaces are 2.7 times more likely to stay in psychologically healthy environments, and the overall view of manufacturing as a great place to work has risen to 87% in 2025. This increase reflects the growing recognition that the future of manufacturing is not only about machines and automation but about cultivating a culture that nurtures the people behind the production lines.
On this note, Balbir Singh, CEO, Great Place To Work®, India, said “India’s manufacturing sector is driving progress, contributing 17% to the nation’s GDP. With initiatives like Make in India and the production Linked Incentive schemes, the foundation is laid for India to become a global manufacturing hub. Four key pillars—Competence, Operations, Resilience, and Emerging Talent and Markets (C.O.R.E.)—are steering this growth, ensuring a positive impact on the workforce. These priorities focus on advanced technologies, infrastructure, and nurturing a diverse, skilled workforce. At the core of this progress are the people. Insights from our latest study, involving over 8 lakh employees, show that 87% feel positive about their workplaces—highlighting the sector’s progress in fostering employee satisfaction. As the industry advances toward Industry 5.0, the focus isn’t just on smarter machines but on fostering workplaces that prioritize employee well-being. To combat employee burnout, organizations are taking steps to improve work-life balance, make leaders more approachable, and enhance employee engagement. Leading organizations are building culture of trust and psychological safety, and when employees feel valued, they are 2.7 times more likely to stay. To overcome challenges, organizations need to continuously listen and empower their employees, to shape industry’s future.
He also added, “India’s strength lies in its youthful, dynamic workforce and a culture rooted in resilience and teamwork. Key drivers of growth include combining human creativity with technology, enabling inclusive opportunities, and cultivating purpose-driven leadership. These strategies reflect a deep commitment to excellence. Ultimately, the future of manufacturing isn’t just defined by what we produce but by the people who make it possible. With India’s unique strengths, determination, and vision, the nation is taking the right steps in shaping the global manufacturing landscape.”
Frontline employees, who are the backbone of the manufacturing engine, are particularly impacted by this shift. At India’s Best Workplaces in Manufacturing, their engagement is driven by a culture that values their contributions, ensures fair evaluations, and provides clear opportunities for career growth. These workplaces are designed to be places where enjoyment and camaraderie are part of the daily experience, and where employees feel their efforts are recognized and rewarded. Leadership in these companies understands that the well-being of their frontline teams is integral to the overall success of the business.
Meanwhile, office-based employees, who play a key role in driving innovation and strategy, are engaged through deeper connections to the company’s purpose and a strong sense of trust in their leaders. These employees value leaders who prioritize emotional wellness and psychological safety. As they face unique challenges, such as ensuring alignment across teams and departments, these companies focus on attracting the right talent for critical roles, strengthening team dynamics, and providing robust leadership development programs. Together, these elements ensure that both the frontline and office-based employees are equipped to excel and lead in an environment where vision and impact align seamlessly.
However, even as these companies continue to foster positive and inclusive cultures, challenges remain. The voice of employees consistently highlights the need for more action around psychological safety, care, and equitable growth. Best Workplaces have responded by implementing mechanisms for regular feedback, ensuring fair task allocation, and introducing flexible shifts to accommodate the needs of their workforce.
30, Jan 2025
MAHE Bengaluru Introduces Groundbreaking Program for Enhancing Students’ Mental and Emotional Wellbeing
Bengaluru; 30th January 2025: Manipal Academy of Higher Education Bengaluru (MAHE), a leading institution in higher education, is proud to announce the launch of Manam, a pioneering program designed to prioritize and support the mental and emotional wellbeing of its students. The initiative is part of MAHE’s continued commitment to fostering a holistic learning environment. This revolutionary program will be one of its kind in the country which will support workplace readiness for students. The program will enhance student’s emotional intelligence a much-required skill in any field of work.
Manam encompasses several innovative measures, including access to professional counsellors, peer support groups, a user-friendly website with self-support tools, and expert-led sessions on topics such as mindfulness, [Program Highlights: Optional, non-graded program: Students can voluntarily enroll in the program, which carries no grades or academic credits. Upon successful completion, participants will receive a Certificate of Completion, a valuable addition to their resumes. Eligibility and enrollment: The pilot batch will focus on second- and third-year undergraduate students, as well as postgraduate and Ph.D. students. Interested students can register through the Manam website. No additional fees: MAHE is offering the program at no extra cost as part of its regular curriculum.] sexual wellness, and movement therapy.
The program covers essential topics such as the body-mind-spirit connection, understanding the conscious and subconscious mind, nervous system regulation, dealing with insecurities (e.g., body image), working with emotions like anger and frustration, and creating personalized wellness plans. These topics are delivered through deeply interactive and experiential sessions, blending cognitive and energy practices to provide students with practical tools for emotional resilience.
The program aims to equip students with higher self-awareness and emotional intelligence (EI), which are increasingly sought after by employers. Many organizations actively assess EI during their recruitment processes, and completing this program will serve as a tangible testament to these skills. By investing in students’ emotional intelligence, MAHE positions itself as a forward-thinking institution that prepares its graduates to excel in today’s workplace.
Prof. (Dr.) Madhu Veeraraghavan, Pro Vice Chancellor, MAHE, Bengaluru, highlighting the pioneering nature of the initiative and its alignment with Global best practices, said, “At Mahe, we wanted to create a safe space where students could openly express themselves and find the support they need. To truly understand their concerns, we conducted surveys and engaged in meaningful conversations with students. This is how Manam was born-a platform designed to offer practical solutions while making the experience engaging and enjoyable.
What makes Manam special is its scale and accessibility. MAHE is the first institute in the country to implement such an initiative at this level, ensuring that every student has access to the program. We recognize that mental well-being is just as important as academic success, and through Manam, we are committed to fostering a culture of support, awareness, and growth and mental wellness .”
Our goal is simple: to equip students with the right tools, create a judgment-free environment, and encourage them to prioritize their well-being. This isn’t just about addressing challenges-it’s about empowering students to navigate life with confidence. At MAHE, we believe that change begins with understanding, and Manam is a step toward building a stronger, more resilient student community”.
Maheima Kapur, Core Facilitator. Manam, said, “Manam was created to normalize conversations around mental health, breaking the stigma that often prevents students from seeking help with counsellors. Through extensive student input, we designed a program that fosters self-awareness and empowers individuals to recognize when they need support.
With more than 7,000 students today and even more tomorrow, we know that counseling services alone aren’t enough. That’s why Manam lays a foundation for self-learning, helping students navigate their emotions while ensuring expert help is available when needed. From its name to its design, Manam speaks the language of Gen Z-making mental well-being accessible, engaging, and truly relevant to this generation”.
Dr. Raghavendra Prabhu, Deputy Registrar, MAHE Bengaluru Campus, focusing on the unique aspects of the program and its relevance to students, commented,” The key objective of Manam is to normalize conversations around mental and emotional well-being on campus and strip away the taboo and stigma associated with openly sharing and reaching out for support during difficult phases.
30, Jan 2025
EatSure Launches Smart Foodcourt in Vizag, Transforming the Dining Experience with Technology
National, January 30, 2025 – EatSure, the flagship food delivery platform by Rebel Foods, the world’s largest internet restaurant company, has announced the launch of its first EatSure smart Foodcourt in Visakhapatnam. Located at Madhuwada, this will be the 7th physical store by EatSure in India. Spanning 1800 sq. ft. space, it is set to redefine dining in the city by offering a queue-less, fully digital ordering experience. Open daily from 9 AM to midnight, the foodcourt brings unparalleled convenience and variety under one roof.
The Vizag EatSure Smart Foodcourt introduces a unique dining experience where customers can place orders using self-service kiosks or through the EatSure app. Notifications are sent via digital screens or WhatsApp once the order is ready, ensuring a hassle-free process with no waiting in long queues. Apart from the unique digital ordering experience, the EatSure foodcourt will be home to brands across food missions.
Our innovative food court revolutionizes dining convenience by enabling customers to order from multiple top-rated brands in a single digital transaction, with 60%+ of previous orders spanning more than 2 brands. Customers can now seamlessly enjoy dishes from Behrouz Biryani, Faasos, Oven Story Pizza, Lunchbox, Sweet Truth, The Good Bowl, Firangi Bake, The Biryani Life and ES Café – from biryanis and pizzas to wraps and desserts – in one unified order, eliminating multiple transactions and simplifying the entire dining experience.
Speaking about the launch, Sagar Kochhar, Co-Founder and CEO, EatSure, Rebel Foods, said, “With the opening of EatSure’s first foodcourt in Vizag, we are excited to bring a next-generation dining experience to the city. By integrating multiple brands under one roof and combining it with a digital-first approach, we aim to transform how customers enjoy their meals. By launching in the iconic city of Vizag, we are expanding our offline footprint in Andhra Pradesh, allowing us to cater to the growing demand for tasty and varied cuisines in the city. This launch is a testament to our vision of solving broken food-ordering experiences and offering unparalleled convenience to our customers.”
Vishnu Varma Kalidindi, Franchise Partner, said, “I’m thrilled to bring EatSure’s diverse culinary brands to Vizag, offering local food lovers a unique dining experience that celebrates variety and convenience. Our foodcourt provides multiple top-rated brands under one roof, transforming how people enjoy their meals in the city.”
Rebel Foods, which leads the direct-to-consumer revolution in online dining, is bringing it to life through EatSure’s virtual food court. The Vizag launch replicates the ease of a physical food court, enabling consumers to order from top brands in a single order. EatSure has also partnered with the IRCTC to transform train travel dining. Introducing the ‘Order Food on Train’ feature on its app, passengers can now easily order from a range of restaurants and have it delivered to their seats as they journey across the Indian Railway Network. With their growing omni-channel presence, the EatSure app has already captivated over 20 million users in 75+ cities across India.
30, Jan 2025
Luxury Baby Products Take Center Stage with The Baby Trunk’s Market Elevation
The global baby care market has witnessed significant growth, with projections indicating that India’s Baby Care Product Market will reach USD 24.27 billion by 2027, expanding at a CAGR of 14.35%. A key factor driving this surge is the increasing disposable income of middle and upper-middle-class families, alongside the changing priorities of millennial and Gen Z parents. Today, parents are not just looking for functionality—they are seeking products that offer premium quality, sustainability, and reflect their ethical values.
This demand for premium baby products is reflected in the rise of brands that combine luxury with eco-conscious craftsmanship. The Baby Trunk, a leading luxury baby essentials brand, is setting a benchmark in this sector by offering sustainable, handcrafted, and organic products. The Baby Trunk’s latest product lineup includes:
Dreamland Reversible Quilts: Designed for children aged 5 and above, these quilts are hand-painted on GOTS-certified organic Egyptian cotton, offering a blend of comfort and imaginative design.
Mascot Collection: A charming range of plush companions crafted from natural materials, offering comfort and joy while promoting sustainability.
Plush Co-Ord Sets: Made from breathable, natural fabrics, these velour sets keep babies warm and stylish, with playful prints that resonate with modern parenting.
The Baby Trunk is not just meeting market demand but also addressing the rising consumer concern for the environment. Their products are free from harmful chemicals and made using sustainable practices, contributing to a healthier world for future generations. By prioritizing eco-conscious materials, fair trade craftsmanship, and minimalistic packaging, The Baby Trunk is aligning with the growing consumer preference for responsible luxury.
With India’s upper-middle class expected to make up more than 50% of overall consumption by 2030, the luxury baby product market is set for further expansion. Brands like The Baby Trunk are well-positioned to cater to this underserved segment, offering families a combination of style, comfort, and sustainability.
We would be delighted to discuss how The Baby Trunk is contributing to this booming market and the rising demand for luxurious, eco-friendly baby products. Please let us know if you’d like to explore this growing sector and the exciting opportunities it holds for both brands and consumers.
30, Jan 2025
Techno India Group Public School Garia Brings OJAS to Life with a Colorful Cultural Festival
Kolkata, 30th January, 2025: Techno India Group Public School (TIGPS), Garia, today hosted its annual cultural event, OJAS – Prakriti Naman: Nurturing Nature, Empowering Education. Held at the prestigious Jai Hind Auditorium, OJAS symbolized the flow of positive energy within individuals and highlighted the symbiotic relationship between nature and education.
The evening began with the inauguration ceremony in the presence of Prof. Manoshi Roychowdhury, Co-Chairperson, Techno India Group, Ms Tania Sen, Principal, Techno India Group Public School, Garia, Ms Pauline Laravoire, Director of Sustainability, Techno India Group and RJ Arvind which was followed by a felicitation ceremony by the principal. A heartfelt welcome and introduction by the Principal, Ms Tania Sen, who presented the school’s accomplishments over the past few years. She took a moment to recognize the collective efforts of the students, parents, staff and management in making the event a resounding success. Ms Sen spoke about how the school’s educational journey has been guided by the principles of holistic growth and the spirit of learning that embraces not only academic success but also cultural enrichment.
The cultural extravaganza captivated the audience with a beautifully woven script that incorporated a stunning array of performances by students and their mentor teachers. The performances were a true celebration of Indian culture, emphasizing its deep connection with nature and the ethos of the National Education Policy (NEP) 2020. The evening was filled with traditional dances, musical performances, and theatrical acts that seamlessly blended the themes of environmental consciousness and educational empowerment.
“We are proud to witness the flourishing of our students, whose talents are showcased in every performance tonight. This event is a testament of their dedication, creativity, and the nurturing environment at TIGPS Garia that promotes both academic and personal growth. Our commitment to the values of NEP 2020 is reflected in this celebration of nature and education,” said Ms Tania Sen, Principal, Techno India Group Public School, Garia.
“In today’s rapidly changing world, it is essential that we not only focus on academic excellence but also nurture the values of sustainability, creativity, and emotional well-being. OJAS exemplifies our commitment to holistic education, where we empower students to think beyond the classroom, to appreciate the beauty of nature and to contribute meaningfully to society,” said Prof Manoshi Roychowdhury, Co-Chairperson, Techno India Group.
RJ Arvind, shared his insights on the power of education in transforming lives. Additionally, Ms Pauline Laravoire, Director of Sustainability, Techno India Group, delivered a thought-provoking address on the significance of sustainable practices and their role in shaping a better future.
In a special segment, the alumni members of the school were felicitated for their outstanding contributions and achievements, further inspiring the current generation of students to pursue excellence in all their endeavors.
30, Jan 2025
Canara Bank Rolls Out ‘Canara Crest’ for a More Personalized Banking Experience
30 January 2025: To cater to the evolving demands of high-net-worth individuals, Canara Bank, one of India’s leading public sector banks, has launched the “Canara Crest” Membership program, offering a personalized and premium banking experience. This first-of-its-kind initiative by the bank program is available exclusively to individual savings account holders who meet the eligibility criteria, providing them with personalized and priority services across any branch to enhance both their banking and lifestyle.
The Canara Crest program is structured into two segments: CREST & CREST PLUS for customers maintaining balances between ₹10 lakh to less than ₹50 lakh and ₹50 lakh and above respectively. This Zero Cost Membership is available either by invitation for eligible existing customers or through the opening of a new savings account under the Canara Crest product, making it accessible to all those who truly value the finest in banking services. Eligible customers can easily join the program through a simple digital interface, assisted by a dedicated Relationship Manager, ensuring smooth and hassle-free enrollment.
Canara Crest goes beyond traditional banking by offering a range of exclusive lifestyle perks. Members can enjoy premium dining offers through an Easy Diner Membership, a Fitpass Pro Max Membership with unlimited gym access, and exclusive stay benefits at luxury hotels with privileges like anytime check-in. The program also includes access to a second medical opinion by renowned physicians from across the globe, underscoring the emphasis on providing holistic benefits to members.
With priority service across branches, dedicated relationship manager, round-the-clock direct call center support, and other banking benefits, Canara Bank’s Canara Crest membership program reflects its commitment to providing a superior banking experience ensuring that members receive the attention and convenience they deserve.
Canara Crest program, a balanced blend of luxury services and banking conveniences, is a fresh take on premium banking in the Indian market. The bank sets a new benchmark in premium banking services, designed to meet the aspirations of today’s discerning customers.
30, Jan 2025
Understanding Leprosy Colonies: Groundwork Brings Hidden Realities to Light
By- Mr. Gaurab Sen is the Chief Executive Officer of the Sasakawa-India Leprosy Foundation (S-ILF)
Leprosy is curable, yet its impact on individuals and families extends far beyond the disease itself. In India, over 750 leprosy colonies are home to thousands of people who have faced not only physical challenges but also the enduring stigma and isolation associated with the disease. To address their needs effectively, understanding their realities is essential. This is why the Sasakawa-India Leprosy Foundation (S-ILF) undertook a monumental task: physically verifying and documenting the conditions of every leprosy colony in the country.
This endeavour was no ordinary data collection exercise. Our team travelled to remote corners of India, often to locations that were hard to reach due to poor roads, limited connectivity, and challenging terrain. But these difficulties did not deter us. We were driven by a simple belief—true change begins with understanding the ground reality.
Through this process, we uncovered not just numbers but the human stories behind them. We saw colonies where basic amenities like clean water and electricity were a luxury. We met families struggling to make ends meet because employment opportunities were almost non-existent. We also saw children eager to learn but held back by the weight of prejudice and limited access to quality education.
This firsthand data is now the most comprehensive and accurate record of leprosy colonies in India. It includes information on the population, living conditions, access to healthcare, education levels, and economic opportunities in these colonies. By physically visiting each location, we ensured that the data truly reflects the lives of the people we are committed to supporting.
This initiative has already begun to make a difference. Armed with this knowledge, S-ILF has been able to design targeted interventions that address the specific needs of these communities. For example, we now know which areas lack schools or healthcare facilities and can advocate for improvements. Similarly, our skill development and livelihood programs are tailored to the unique challenges faced by residents in different regions.
The process also highlighted the resilience and determination of the people living in these colonies. Despite the hardships, many families expressed a strong desire to break free from the cycle of poverty and stigma. This determination inspires us to push harder in our mission.
The government has been a strong ally in this journey. Initiatives like the National Leprosy Eradication Programme (NLEP) have laid the groundwork for progress. However, our data shows that there is still much to be done at the societal level, especially in bridging gaps in infrastructure and ensuring social inclusion.
Leprosy colonies are not just places on a map; they are communities of people with aspirations and potential. By physically visiting and documenting these colonies, we have laid the foundation for more effective interventions. But this is only the beginning.
India’s fight against leprosy is not just about eliminating a disease—it is about ensuring dignity, equality, and opportunity for all. With accurate data, stronger collaboration between government and civil society, and the resilience of the people themselves, we can make this vision a reality.
Anti-Leprosy Day reminds us of the importance of action rooted in empathy and understanding. At S-ILF, we are committed to walking that extra mile—both literally and figuratively—to support the communities we serve. Together, let us ensure that every individual affected by leprosy has a chance to lead a life of dignity and hope.
30, Jan 2025
New Partnership Between IIM SKILLS and DSAFS Aims to Elevate Data Science Skills
IIM SKILLS, a leader in global ed-tech, has professional courses operating all over the world. In this regard, it is with great pleasure to announce its partnership with DSAFS, being a certificate-issuing body and a leading authority concerned with maintaining competency standards and their examination in data science and analytics.
By collaborating with DSAFS, IIM SKILLS reasserts its leadership in professional education with value. This partnership reflects its consistent pursuit of fulfilling the gap between industry demands and academic curriculums. By fusing theoretical knowledge with real-world insights, IIM SKILLS and DSAFS are looking to create a transformative learning experience for aspiring professionals.
DSAFS certification and credentialing services for individuals, organizations, and educational institutions make sure their offerings meet industry expectations and global best practices.
This is the revolutionary and fresh approach that IIM SKILLS’ collaboration with DSAFS gives to the youth for redirection of their career streams by providing them with the skill sets required to meet industry trends. Advanced decision-making skills are what is currently sought after in the data science and analytics sector, and this powerful partnership in itself is a certificate of validation of the most reliable and pertinent advice to succeed in this area.
This partnership creates a benchmark and lends additional credibility to IIM SKILLS with high-quality training, including the authenticity of trainers’ knowledge confirmed by DSAFS specialists. This ensures the quality of education and confirms the institution’s relevance and the standard of its courses. It also shows the carefully planned curriculum, which is in line with industry developments and offers a combination of theoretical and practical instruction from knowledgeable and experienced teachers.
Students should be certain that they are investing in the right place; therefore, this is a very important step that ensures that students receive quality education at industry associations accredited institutions. These two abilities have a very powerful impact on promoting education and ensuring that valuable content is utilized only.
“This partnership is further strengthening our training delivery and certification trust and will empower thousands of people around the world” said Mr. Vaibhav Kakkar, CEO of IIM SKILLS.
30, Jan 2025
Capital Small Finance Bank Q3FY23 Result
Mumbai / Jalandhar, January 30, 2025: Capital Small Finance Bank Ltd, India’s first small finance bank commenced operations in 2016, declared its un-audited financial results for Q3 FY25 and 9M FY25 ended on December 31, 2024.
Mr. Sarvjit Singh Samra, MD & CEO of Capital Small Finance Bank, said,
“We are consistently progressing towards a promising future and have closed the Q3FY25 with a Profit After Tax (PAT) of ₹34.0 crores, reflecting 18% Y-o-Y growth, with Return on Assets (ROA) inched up to 1.4%, scaling from 1.3% in Q3FY24. Gross advances increased to ₹6,816 crores, registering a growth of 19% Y-o-Y, with disbursement growth of 92%, with reduction in GNPA/NNPA to 2.67%/1.35%. Our deposits continue to be retail centric with CASA of 39.1%, grew to ₹8,384 crores, with a Y-o-Y growth of 12% and an 8% Q-o-Q.
These results underscore our commitment to deliver progressive growth while remaining steadfast in our mission to accessible banking for all. As we look forward, we are optimistic towards our growth momentum and delivering value to our stakeholders.”
Key Highlights Q3 FY25:
Balance Sheet growth:
· Gross Advances increases by 19% Y-o-Y and 11% YTD to Rs. 6,816 crores, with 99%+ being secured and Zero direct MFI exposure.
· Deposit increases by 12% Y-o-Y and with Q-o-Q growth of 8% to Rs. 8384 crores, with 93.2% being the retail deposit.
· CASA ratio of 39.1% in Q3FY25 against 37.1% in Q2FY25.
· Total Shareholder’s fund stood at Rs. 1,302 crores.
Profitability Growth:
· Profit after Tax increases to Rs. 34 crore with 18% growth Y-o-Y basis.
· ROA inched up to 1.4%, scaling from 1.3% in Q3FY24
· NIM increases to 4.3% in Q3FY25 against 3.9% in Q3FY24.
· Cost to Income Ratio decreases to 62.1% in Q3FY25 against 62.8% in Q3FY24
Other Aspects:
· Capital Adequacy Ratio stood at 25.8%.
· Gross NPA and Net NPA of 2.67% and 1.35% respectively in Q3FY25 against 2.97% and 1.53% in Q3FY24, with ~ZERO write offs.
