Page 10 of finance

MFIs increase focus on individual loans

As per the RBI’s norms, all collateral-free loans extended by a lender to a borrower with an annual household income…

September 5, 2023 02:00 IST

Sundaram Home Finance forays into affordable housing

In FY23, the company witnessed its asset portfolio crossing a significant milestone of Rs 11,000 crore.

September 5, 2023 01:00 IST

PSB Alliance appoints Veefin Solutions for building supply chain finance platform

PSB Alliance, a private company set up by the country’s 12 public sector banks, on Friday announced that it has…

September 2, 2023 00:40 IST

IFC committed Rs 24561 crore in India last financial year

“India remains IFC’s largest country portfolio and together with its partners, its projects are driving innovative financing and climate initiatives…

August 31, 2023 02:10 IST

‘Look to drive market share, growth not in our control’

Interview: Rajiv Lochan, MD, Sundaram Finance

August 31, 2023 01:00 IST

Nido Home Finance launches up to Rs 150 crore secured NCD

The company will issue debentures worth up to Rs 75 crore. It comes with a greenshoe option of up to…

August 30, 2023 05:35 IST

Shriram Housing partners with IFC for affordable green lending

IFC will provide training and capacity building for the housing finance company’s teams on the principles and applications of the…

August 30, 2023 03:50 IST

IIFL Finance, Q1FY24, quarter results, revenue, profit, EBITDA, funding, investment, loan growth, NPA, AUM, digital loans, expansion

IIFL Home Finance to focus on growth in smaller cities: CEO

Ratra says these fresh funds would be used to grow the HFC’s affordable home loan portfolio.

August 23, 2023 01:15 IST

In the modern era, the concepts of digital transformation and process optimisation have grown

The impact of digital transformation on the finance industry

By employing digital transformation tools, fintech operations can be completed

Updated: August 25, 2023 11:32 IST

Aiming to increase gold loan mix: Shriram Finance Executive Vice Chairman Umesh Revankar

Shriram Finance is focusing on increasing its gold loan mix and will be adding branches every quarter in a bid…

July 29, 2023 00:40 IST

Manappuram Finance aims for diversification; to take advantage of India growth story, says CEO

While gold loans continue to remain a focus area, the company has gone forward with microfinance, vehicle loans, corporate loans,…

July 27, 2023 00:15 IST

Altair'banking' on new technology to drive digital transformation in India BFSI market

Ensuring Responsible AI Innovation: The case for guardrails for AI adoption in BFSI

Regulatory guardrails can play a vital role in building trust and collaboration between the AI platforms, financial institutions, and customers,…

July 26, 2023 16:29 IST

Power Finance Corporation to ramp up renewable projects loans

Currently, the company’s renewable energy portfolio is at around 12-13%.

July 22, 2023 00:15 IST

‘See a prolonged period of steady costs, net interest margins’

L&T Finance Holdings will likely see a prolonged period of steady net interest margins (NIMs) and interest cost even as…

July 21, 2023 00:30 IST

Dampened expectations

The fate of the 16th finance commission’s normative and prescriptive recommendations may not differ much from the past.

July 13, 2023 06:15 IST

From the Great Depression to Bitcoin: Ten monumental events in the last 100-year history of finance

These 10 events have shaped the economy globally, including the creation of the World Bank and the International Monetary Fund…

July 3, 2023 15:53 IST

Microfinance and financial health

After achieving financial inclusion, the next focus for the country has to be ensuring financial health of households—the ability to…

July 3, 2023 06:15 IST

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Paras Defence and Space Technologies has secured a Rs 34 crore order from Elbit Security Systems to supply electro-optics product, adding to its growing order book. India’s push for domestic defence production has contributed to the company’s success. Paras Defence has also received orders from other major companies, leading to a 44% increase in stock value in the past 6 months.

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