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Poonawalla Fincorp posts highest-ever Q4 PAT at ₹332 crore led by strong disbursements

Posted on May 2, 2024 by filesadmin

Poonawalla Fincorp posted its highest-ever quarterly profit of ₹332 crore in Q4 FY24, up 84 per cent on year and

Spandana Sphoorty Q4 net up 22% at ₹129 crore

Posted on April 30, 2024 by filesadmin

Spandana Sphoorty Financial’s net profit increased by 22 per cent in the fourth quarter ended March 31, 2024, at ₹129

MCA clears appointment of Hitesh Kumar Sethia as Jio Financial MD for 3 yrs

Posted on April 29, 2024 by filesadmin

2 min read Last Updated : Apr 29 2024 | 11:30 PM IST Jio Financial Services on Monday said

IIFL Samasta Finance adds three distinguished members to its Board

Posted on April 25, 2024 by filesadmin

IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI), has appointed three members including former NABARD Chairman, Govinda Rajulu Chintala to its

After stake sale reports, HDFC Bank says exploring all options for HDB Financial listing

Posted on April 21, 2024 by filesadmin

Following reports of Japan-based MUFG picking up 20 per cent stake in HDB Financial Services, HDFC Bank without confirming plans

Delink bank loans from on-lending to group cos: RBI tells Tata Sons

Posted on April 21, 2024 by filesadmin

After months of negotiations with the Reserve Bank of India, Tata Sons is said to have worked out a solution

RBI asks lenders to provide ‘key fact statement’ to borrowers

Posted on April 15, 2024 by filesadmin

The Reserve Bank of India has asked lenders to provide ‘key fact statement’ (KFS) to the borrowers of all new

NBFC co-lending AUM nearing ₹1-lakh crore, to grow 35-40% in medium term

Posted on April 13, 2024 by filesadmin

Assets under management of NBFCs under the co-lending model are nearing the ₹1-lakh crore mark, five years since the model

In Q4, private banks post robust credit growth; deposits, too, pick up pace

Posted on April 4, 2024 by filesadmin

Credit growth for most banks remained robust in the last quarter of FY24, maintaining a steady growth rate of 15-25

Securitisation volumes for FY24 grows 4% to ₹1.88-lakh crore: ICRA