“We will borrow over Rs 6,000 crore this year. Non-convertible debentures should comprise nearly 20% of overall borrowings,” Rishi Anand,…
The need for a physical KYC and the accompanying due diligence requirements are onerous. In fact they’re very similar to…
Relief for Manipur-based MFIs necessary
A slowdown in key segments like automobile and microfinance, and elevated competition from banks in secured segments like mortgage loans…
Pocket UPI, which MobiKwik rolled out in February, enables users to make UPI payments through the firm’s wallet without linking…
Currently, the total asset under management of the company is at over Rs 3,000 crore and total disbursements are Rs…
The latter will take some more time to fully digest the merger with its parent company. And CEO Sashidhar Jagdishan…
NBFC borrowings from banks stood at 21.7% as on March 2023, data from the Reserve Bank of India (RBI)’s Financial…
Launched in 2017, JM Financial Home Loans is a part of the JM Financial group’s retail mortgage segment.
It is true that there are risks to the forecasts, but the MPC has clearly stated that the risks are…
hile the specific distribution of these houses has not been revealed, finance minister Nirmala Sitharaman had highlighted in the interim…
The bank plans to utilise the branch network of Fincare SFB in South India to expand the vehicle loan book.
The Reserve Bank of India’s April notification mandates that small finance banks (SFBs) have a net NPA ratio of less…
“While the gold loan portfolio is estimated to grow, the other business will grow much faster because they are starting…
The company intends to increase its assets under management to over Rs 8,000 crore in the next two years, from…
The gross non-performing asset ratio stood at 5.6% as on March 31. The company clocked a 2.2% return on assets…
The bank will add up to 200 branches in FY25, around 20% higher than fresh branch additions in 2023-24. T
“I think Rs 10,000 crore puts us in a sweet spot. That is the magical number that we want to…
