Fedfina shares list at over 1% discount, bounce back to trade over 3% higher
Shares of Fedbank Financial Services, the NBFC arm of Federal Bank known as Fedfina, listed at a discount of 1.43 per
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Shares of Fedbank Financial Services, the NBFC arm of Federal Bank known as Fedfina, listed at a discount of 1.43 per
Continue readingAided by improving operating leverage and efficiencies, Fedbank Financial Services (FedFina) is focussing on improving its cost-to-income ratio, which in
Continue readingThe recent mandate to increase risk weights for unsecured consumer loans by banks and NBFCs is a precautionary measure taken
Continue readingPortfolio at Risk (PAR) for NBFC–MFIs (microfinance institutions) has gradually improved post-pandemic, with over 30-day PAR falling from a peak of
Continue readingBajaj Finance expects the ban by RBI on lending via two digital products to be lifted within the next 45-90
Continue readingThe capital requirement of banks is expected to increase by 5 per cent, or ₹84,000 crore of additional capital, due
Continue readingManappuram Finance has reported a consolidated net profit at ₹561 crore in Q2 of FY24 against ₹410 crore in the
Continue readingDvara Kshetriya Gramin Financial Services (KGFS) is expecting a four-fold jump in loan portfolio in three to four years to
Continue readingRetail lending has grown more in the rural areas relative to the urban areas across lenders, as creditors started tapping the
Continue readingPidilite Industries Ltd (PIL) on Wednesday said it plans to set up a lending business, which will provide credit to its domain ecosystem
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