Search For "asset"
Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 6 years ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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CLSA gives a buy call on IRB Infrastructure Developers with a target of Rs
Updated : 6 years ago IST
Mumbai (Maharashtra) [India] June 26 (ANI/NewsVoir): CLSA is bullish on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) listed IRB Infrastructure Developers Ltd (IRB), India's leading and largest highway infrastructure developers, with an asset base of over Rs 45,000 crores, ha
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Bank of India suffers a loss of Rs 3,571 crore in Q4 on bad debts
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended March against a profit of Rs 252 crore in Q4 FY19.
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HDFC Securities gives a buy call on IRB Infrastructure Developers with a t
Updated : 6 years ago IST
New Delhi [India], June 24 (ANI/NewsVoir): HDFC Securities is bullish on BSE and NSE listed IRB Infrastructure Developers Ltd. (IRB), India's leading and largest highway infrastructure developers, with an asset base of over Rs 45,000 crs, has recommended Buy rating on the stock with a target
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ICRA, CARE downgrade Yes Bank's rating on upper tier-2 bonds to D
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
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SEBI announces relaxations for listed companies having stressed assets
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) on Tuesday decided to relax the pricing methodology for preferential issues by listed companies having stressed assets and exempt allottees of preferential issues from open offer
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IAF Chief visits Leh to review Ladakh operations, fighter aircraft moved t
Updated : 6 years ago IST
New Delhi [India], June 19 (ANI): Even as the Indian Air Force (IAF) moved its assets including fighter aircraft to forward bases and airfields in view of the ongoing dispute with China, its chief RKS Bhadauria was on a two-day hush-hush visit to the Leh and Srinagar airbases, which would
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Vymo partners with Aditya Birla Sun Life AMC to digitize the Asset Manager
Updated : 6 years, 1 month ago IST
Bengaluru (Karnataka) [India] June 18 (ANI/PRNewswire): Vymo - an intelligent personal sales assistant, announced today that it is partnering with India's premier asset manager - Aditya Birla Sun Life AMC (ABSLAMC) Limited, a subsidiary of Aditya Birla Capital Limited, to digitize its partn
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Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr
Updated : 6 years, 1 month ago IST
Ernakulam (Kerala) [India], June 17 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, on Wednesday, reported 53 per cent increase in net profit at Rs 3,018 crore for FY20 as against Rs 1,972 crore in the previous year.
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Real estate remains preferred asset class for investors: Housing.com-NARED
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Despite subdued consumer demand amid an economic slowdown, real estate is still perceived as the preferred mode of investment, according to a report jointly released on Wednesday by Housing.com and National Real Estate Development Council (NAREDCO
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Infrastructure finance major PTC India issues fresh loans of Rs 884 in Q4
Updated : 6 years, 1 month ago IST
New Delhi [India], June 15 (ANI): Infrastructure finance company PTC India Financial Services on Monday reported issuing fresh loans of Rs 884 crore and further disbursements of about Rs 511 crore during the quarter ended March (Q4 FY20).
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TPG to invest Rs 4,546.80 crore in Jio Platforms for 0.93 pc equity stake
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): In an unprecedented ninth investment in Jio Platforms in seven weeks, global alternative asset firm TPG will invest Rs 4,546.80 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, Reliance
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