Kapitalbank plans to issue corporate bonds worth 50 million US dollars

MobiKwik intends to increase the share of lending revenue to approximately half of its total income, raising it from the current 25–30 percent. This was reported by co-founder, managing director, and CEO Bipin Prit Singh, citing the publication Business Standard.

Singh forecasts that over the next six to eight quarters, the volume of loan disbursements will reach a level of 1,500–2,000 crore rupees quarterly. In the reporting period ending in September (Q2FY27), the company registered disbursements of 1,082.6 crore rupees, which is 34 percent more than 807.1 crore rupees in Q2FY26.

Bipin Prit Singh emphasized that the company expects the credit business to account for at least 50 percent of revenue. He noted that this segment could easily reach a volume of 1,500–2,000 crore rupees quarterly over the next six to eight quarters, and maintaining the commission rate would significantly impact the company's net profit.

The company's financial results for Q2FY27 showed a consolidated net profit of 11.83 crore rupees, an improvement compared to a net loss of 28.62 crore rupees in the same quarter last year. Compared to the previous quarter (QoQ), profit grew by 55.4 percent from 7.62 crore rupees in Q1FY27.

Operating revenue increased by 9.4 percent year-over-year (YoY) to 295.70 crore rupees compared to 270.21 crore rupees in Q2FY26. Revenue consistently grew by 5.1 percent compared to 281.48 crore rupees. Total income for Q2FY27 amounted to 302.76 crore rupees, an 8.4 percent increase year-over-year.

In Q2FY27, the company received 2,087.9 crore rupees from payments and 869.1 crore rupees from financial services. Total expenses decreased by 2.0 percent year-over-year to 280.08 crore rupees in Q2FY27, compared to 285.70 crore rupees the previous year. However, compared to the previous quarter, total expenses rose by 2.5 percent from 273.38 crore rupees in Q1FY27.

Payment processing commissions decreased by 10.8 percent to 119.47 crore rupees in Q2FY27, and lending operating expenses fell to 1.52 crore rupees from 12.78 crore rupees in Q2FY26. Nevertheless, employee benefits expenses increased by 59.0 percent, reaching 56.19 crore rupees.

As of Q2FY27, MobiKwik had 11 lending partners. The company received approval from the Reserve Bank of India (RBI) to obtain a Non-Banking Financial Company (NBFC) license in April. MobiKwik shares closed on BSE Monday 5.6 percent higher, at a price of 225.7 rupees per share. As of Q2FY27, MobiKwik had 196.3 million registered users and 5.1 registered merchants.

Kapitalbank has moved up one position in the national ranking of Uzbekistan's banks, becoming fourth in terms of total assets. As of October 1, 2026, the bank's assets increased by 28.5% year-on-year, reaching 66.6 trillion UZS.

According to data from the Central Bank of Uzbekistan, last year Kapitalbank held fifth place, behind Asakabank. The bank remains the largest non-state-owned financial institution in the country and accounts for 6.4% of the total banking system assets.

Banks with state participation maintain top three positions

In Uzbekistan's banking sector, the top three positions are still held by state-owned banks. The National Bank of Uzbekistan (NBU) remains the country's largest bank, with assets of 146.8 trillion UZS, accounting for 14% of the total banking system assets.

Agrobank moved to second place with assets of 126.5 trillion UZS, equivalent to 12.1% of the market. Uzpromstroybank (SQB) took third place with assets of 104.3 trillion UZS, covering 10% of the total volume.

Collectively, these three banks control 36.1% of all banking sector assets. Kapitalbank secured fourth place with 66.6 trillion UZS. Following them in the ranking were Asakabank with 61.9 trillion UZS, People's Bank with 59.6 trillion UZS, and Ipoteka Bank with 58.5 trillion UZS. Hamkorbank had assets of 44.4 trillion UZS, and Business Development Bank reported 41 trillion UZS. Ipak Yuli Bank finished the top ten with assets of 40.1 trillion UZS.

Asset growth varies significantly among leading banks

The annual increase in assets varied significantly among Uzbekistan's largest banks. The National Bank of Uzbekistan showed a growth of only 1.1%, while Asakabank's assets grew by 2.4%. Uzpromstroybank reported a growth of 9.5%. In comparison, Agrobank increased its assets by 25.3%, and Kapitalbank achieved a growth of 28.5%.

Among banks with assets exceeding 10 trillion UZS, Trustbank showed particularly strong expansion, increasing its assets by 78.5% to 23 trillion UZS. Ipak Yuli Bank recorded a growth of 60.3%, followed by Anorbank with a growth of 49.8%. Invest Finance Bank increased its assets by 40.9%, and Hamkorbank reported a growth of 36.7%. Octobank's assets nearly doubled over the year, reaching 14.6 trillion UZS.

Smaller banks demonstrate rapid growth

Several smaller banks also reported significant increases in their asset base. Uzum Bank's assets grew by 3.1 times to 4.5 trillion UZS. Apex Bank recorded an increase of 2.9 times to 6.2 trillion UZS, while Hayot Bank's assets expanded by 2.2 times to 10.1 trillion UZS. TBC Bank became the only institution with assets over 10 trillion UZS to report an annual decrease; its assets decreased by 5.2% to 13.4 trillion UZS.

National Bank leads in deposits and lending

The National Bank of Uzbekistan also maintained first place in attracted deposits, collecting 58.8 trillion UZS from clients. Kapitalbank ranked second with deposits of 51.5 trillion UZS, followed by Agrobank with 44.6 trillion UZS. The three largest banks by loan portfolio were the same institutions leading the overall asset ranking.

The National Bank of Uzbekistan has the largest loan portfolio at 104.1 trillion UZS. Agrobank follows with 95.9 trillion UZS, and Uzpromstroybank ranks third with 59.3 trillion UZS. Data from the Central Bank highlights the strengthening position of Kapitalbank among Uzbekistan's leading financial institutions, alongside the rapid asset growth in several private and smaller banks. Despite these changes, state-owned banks continue to occupy the top three positions in the country's banking sector.

If you are looking for a place to place funds where there is no risk of stock market fluctuations and the interest rate is fixed in advance, you should consider the Post Office Time Deposit (POTD) scheme. This program, known as Post Office FD, allows you to deposit money for a period of 1 to 5 years. The interest rate for this deposit varies depending on the term of the deposit.

Let's examine how much you will receive at the end of the term if you invest 500,000 rupees for 3 years under the POTD scheme. We will analyze all the calculations in detail.

The interest rate in the Post Office Time Deposit (POTD) varies depending on the investment period. According to current data, the rates are 6.90% per annum for deposits of 1 year, 7.00% for 2 years, 7.10% for 3 years, and 7.50% for 5 years. It is important to remember that these rates may change over time, so you must check the current rate before investing.

By depositing a lump sum of 500,000 rupees into a three-year Post Office time deposit, the total amount you will receive upon expiry will be approximately 6.18 lakh rupees, based on an annual interest rate of 7.10%. Thus, the income in the form of interest will be approximately 1.18 lakh rupees.

In the Post Office Time Deposit, interest is accrued using compound interest on a quarterly basis, but it is paid out annually. This means that the calculation of the amount takes into account quarterly growth, but the actual payment occurs once a year. This scheme offers the option of choosing various terms, similar to bank deposits.

An account in the Post Office Time Deposit can be opened starting from just 1,000 rupees. As for the maximum investment amount, there are no restrictions. This makes this option attractive both for those who want to start with a small amount and for those planning to place a large capital in a safe place.

The Post Office Time Deposit is among the small savings schemes supported by the Government of India. Funds deposited in this deposit have government backing. Consequently, it is an alternative to investments linked to the stock market. It does not carry the risks of the stock market, and the interest rate is fixed in advance. Nevertheless, when opening an account, you should carefully study the conditions related to the investment term, early withdrawal, and applicable rules.

Tax benefits are not provided for all terms of the Post Office Time Deposit. However, if the conditions for a five-year time deposit are met, you may be eligible for a deduction of up to 1.5 lakh rupees under Section 80C of the Income Tax Act. There is no such benefit for a three-year deposit. Tax advantages also depend on your tax system and prevailing income tax rules.

The Post Office Time Deposit account can be transferred from one post office to another according to established rules. After the expiry of the deposit term, there is an option to extend it for the next period. To do this, you need to obtain information about the current rules and procedures at the relevant post office.

Before placing funds in the Post Office deposit, you should choose a term that suits your needs. For a three-year deposit, the rate is stated as 7.10%, whereas for a five-year deposit, the rate is quoted as 7.50%. If your goal includes tax saving, you need to study the rules for the five-year deposit. Before investing, always check official sources regarding the interest rate, maturity amount, early withdrawal conditions, and tax regulations.