In project financing, someone comes to you and says that I want to build this road or set up this…
A limited understanding of the risks involved in green finance has also kept banks on the sidelines.
Shriram Finance is focusing on increasing its gold loan mix and will be adding branches every quarter in a bid…
The housing financier has set up 88 affordable housing branches as on June 30 and plans to increase this to…
The bank had recovered bad loans worth Rs 1,628 crore in April-June. Recovery from written-off accounts was at Rs 91…
The bank’s net interest margin fell to 5.7% in April-June from 5.9% a year ago given the intense competition for…
This would help these entities innovate, make strategic decisions, mobilise capital and build effective transition plans for achieving sustainability targets,…
Net interest income, the difference between interest earned and interest expended, grew 61% YoY to Rs 3,998 crore. Non-interest income…
The only place on the projects side where one sees some growth is infrastructure because the government is spending a…
The non-banking financial company’s bottom-line was Rs 347 crore, up 24% on a sequential basis.
Gross advances rose 29% y-o-y to Rs 63,635 crore as on June 30. Of the total advances, vehicle loans formed…
Home loans rose 14.6% year-on-year in May, lower than the 16.4% y-o-y rise in August 2022, RBI data showed.
‘We have about Rs 26,000 crore of loans in pipeline, and about Rs 42,000 crore has been sanctioned already (in…
“Going forward, we see a lot opportunities in the renewable space. PFC will have a specific focus on these areas,”…
Currently, the company’s renewable energy portfolio is at around 12-13%.
The state-owned bank witnessed an improvement in asset quality in the quarter under review.
L&T Finance Holdings will likely see a prolonged period of steady net interest margins (NIMs) and interest cost even as…
Affluent users, especially corporate executives, may choose to continue to use credit-cards despite the costs.
