Tag: allycaral

Finance

IDBI Bank Posts ₹1,935 Crore Net Profit in Q3 FY2026, Strengthens Asset Quality and Capital Position

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

IDBI Bank Limited reported a steady financial performance for the third quarter ended December 31, 2025, with improved profitability, robust business growth, enhanced asset quality and a strengthened capital position, reflecting sustained momentum in Q3 FY2026.

The Bank posted a net profit of ₹1,935 crore for the quarter, compared to ₹1,908 crore in the corresponding period last year. Return on Assets stood at 1.83%, while Return on Equity was recorded at 14.49%, supported by a healthy Net Interest Margin of 3.52% and a Cost-to-Income Ratio of 56.61%.

Deposits grew by 9 per cent year-on-year to ₹3,07,858 crore as on December 31, 2025, driven by stable CASA deposits of ₹1,35,632 crore, with a CASA ratio of 44.06%. Net advances rose 15 per cent to ₹2,38,786 crore, reflecting strong credit growth across corporate and retail segments, with a diversified portfolio mix of 29:71.

Asset quality continued to improve, with the Gross NPA ratio declining to 2.57% from 3.57% a year earlier, and Net NPA remaining low at 0.18%. The Provision Coverage Ratio stood at a healthy 99.33%, underlining the Bank’s prudent risk management practices.

IDBI Bank further strengthened its capital position during the quarter, with Tier-I Capital rising to 23.53% and the Capital to Risk Weighted Assets Ratio improving to 24.63%. Risk Weighted Assets stood at ₹2,11,567 crore, reflecting the Bank’s expanding balance sheet and strong capital buffers.

The results underline IDBI Bank’s focus on sustainable growth, operational efficiency and financial resilience as it continues to build momentum in India’s evolving banking landscape.

EduConnect

Goa University Hosts Workshop on Epigraphy and Palaeography

allycaralgoa

Goa University recently hosted an insightful Workshop on Epigraphy and Palaeography, inaugurated by Prof. Sunder Dhuri, Registrar of Goa University. The workshop was jointly organized by the Discipline of History, D. D. Kosambi School of Social Sciences and Behavioural Studies, and the Department of Goa Gazetteer and Historical Records, Government of Goa.

Held at the Seminar Hall, Faculty Block B, the workshop aimed to provide participants with a deeper understanding of ancient inscriptions, scripts, and historical document analysis. It brought together scholars, students, and history enthusiasts to explore techniques in reading, interpreting, and preserving historical records.

Such initiatives reflect Goa University’s ongoing commitment to promoting research and scholarship in the humanities, while also strengthening collaboration between academic institutions and government archival departments.

Events in Goa

Festa do Povo Returns to Panaji with Goan Cuisine, Music and Community Spirit

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

Traditional flavours, lively music and community spirit will take centre stage as the third edition of Festa do Povo returns to Panaji on January 24 and 25 at the mangrove-lined pedestrian spine at Patto Plaza.

Designed as a people’s festival — “of the people, by the people, and for the people” — Festa do Povo celebrates Goa’s culture, environment, heritage and camaraderie through food, music and shared experiences. The two-day event brings together local home chefs and established city restaurants, offering an exciting culinary journey that reflects Goa’s rich food traditions alongside international flavours prepared by accredited Goan chefs.

Adding to the festive experience will be a dedicated Feni Bridge Bar and beverage stations highlighting local drinks and spirits, reinforcing the festival’s focus on celebrating Goa’s identity and produce.

Music and cultural performances form the heart of Festa do Povo, with a vibrant line-up that includes the Kids Choir (Choir of Angels), a celebrated brass band, a jazz band, and headline performances by popular bands Purple Rain Band and Forefront Band. Visitors will also witness traditional cultural displays such as a temple drum medley synonymous with Shigmo, the graceful Divli (lamp) dance, and captivating performances by the Vyomi Dance Troupe and Samba dancers.

By blending cuisine, music and community, Festa do Povo continues to strengthen Panaji’s cultural fabric, offering residents and visitors a space to come together, celebrate Goa’s living heritage and experience the city through the warmth of its people.

Travel

Siddhant Chaturvedi Invites Fans to Experience Mumbai Like a Local with Airbnb

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral Travel Desk

As live music increasingly shapes how India’s Gen Z travels, Airbnb is bringing fans closer to the culture they love through an exclusive collaboration with actor, musician, and cultural voice Siddhant Chaturvedi. Announced on January 14, 2026, the partnership introduces “Lolla India Like a Local,” an Airbnb Original Experience designed to offer guests an intimate, once-in-a-lifetime way to explore Mumbai before ending the day at Lollapalooza India 2026.

The experience reflects a growing trend, with a significant number of young travellers planning trips around concerts and festivals. Rooted in the city that shaped Siddhant, the experience takes guests through Mumbai’s neighbourhoods, food, music, and creative spaces—bringing to life the everyday moments that define local travel. The day culminates at Lollapalooza India, where guests experience the festival alongside Siddhant himself.

Central to the collaboration is The Mumbai Guidebook, a digital city guide curated by Siddhant Chaturvedi exclusively for Airbnb. Featuring his handpicked neighbourhoods, local hangouts, and a selection of Airbnb stays that capture the spirit of the city, the guidebook is designed to help travellers extend their festival trip and experience Mumbai beyond the stage.

Limited to just four guests, the experience transforms recommendations into shared memories. Guests begin the day with a meal at one of Siddhant’s favourite local food joints, followed by a curated heritage walk through Bandra’s historic Ranwar Village with architect Nikhil Mahashur. The journey continues with an intimate jam session where Siddhant performs an original track inspired by the city, before heading to Lollapalooza India together to soak in the music and energy of a live performance.

Sharing his thoughts on the collaboration, Siddhant Chaturvedi said that Mumbai has shaped every aspect of who he is, from his music to the places he returns to. Curating the guidebook and hosting the experience was his way of welcoming guests into his version of the city and sharing the sounds, neighbourhoods, and everyday moments that make Mumbai special.

The initiative builds on Airbnb’s first-ever global live music partnership at Lollapalooza India 2026, which includes a range of exclusive festival-related experiences designed to bring fans closer to the music and culture they love. Airbnb India and Southeast Asia Country Head Amanpreet Bajaj noted that while live music often sparks travel, it is local connections and authentic experiences that make journeys memorable.

Requests to book the four-hour experience will open at 11 AM IST on January 19, 2026, via airbnb.com/siddhant. The experience is priced at ₹0, available to a maximum of four guests on a first-come, first-served basis, with guests responsible for their own travel to and from Mumbai.

TechPulse

Cogniflux Cybersecurity Workshops Impact Nearly 8,000 Participants Across Goa

Tanisha Cardozo

Written by Intern Rency Gomes, Team Allycaral

The 4th edition of the Cybersecurity Awareness Workshops organised by Cogniflux in Goa, held from January 7 to 10, 2026, concluded as a resounding success, benefiting nearly 8,000 students, parents, working professionals, and government staff across the state. The four-day initiative was led by Dr Rakshit Tandon, one of India’s foremost cybersecurity experts, whose experience and insights played a pivotal role in shaping the programme’s impact.

Conducted across multiple institutions and platforms, the workshops focused on addressing the growing challenges of cybercrime and digital vulnerability in an increasingly connected world. Participants were educated on critical topics such as online fraud, cybercrime prevention, data protection, digital privacy, and the responsible use of the internet and social media. The sessions were designed to be practical and age-appropriate, ensuring that participants from diverse backgrounds could relate to and apply the learnings in their daily digital lives.

Dr Tandon’s interactive and relatable approach helped simplify complex cybersecurity concepts, empowering attendees with actionable knowledge to protect themselves and their families online. The workshops reinforced the importance of awareness, vigilance, and informed digital behaviour as essential tools in combating cyber threats.

The organisers highlighted that achieving such a large-scale outreach would not have been possible without the unwavering support of Cogniflux’s sponsors, partners, and well-wishers. Their continued encouragement and collaboration enabled the initiative to reach thousands across Goa, further strengthening Cogniflux’s mission of creating a safer, more cyber-aware society.