Search For "credit"
Credit-deposit imbalance could pose significant liquidity risks for Indian
Updated : 1 year, 10 months ago IST
The gap between credit growth and deposit growth at Indian banks is largely driven by households shifting their savings to relatively high-return investments, said Tusharika Aggarwal, a dividend forecasting research analyst at S&P Global Market Intelligence.
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Deposit growth of banks will pick up from coming quarters: Axis Securities
Updated : 1 year, 10 months ago IST
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
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Sitharaman asks public sector banks to work on deposit mobilisation
Updated : 1 year, 10 months ago IST
During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably
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SBI report dismisses bank deposit concerns as a 'Statistical Myth'
Updated : 1 year, 10 months ago IST
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank of India (SBI) in its latest report noted that the belief that the deposit growth in the banking sector is flagging just a statistical myth.
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EBITDA of Adani Group companies surged by 32.87 per cent year-on-year (YoY
Updated : 1 year, 10 months ago IST
Adani Group released the composite result and Credit Compendium of Adani Group of companies for Q1 FY25.
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Understanding Fixed Deposits and FD Calculation Methods
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], August 17: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to
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Mangal Credit and Fincorp Limited Gets Listed on the NSE
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], August 16: Mangal Credit and Fincorp Limited (CIN: L65990MH1961PLC012227) is excited to announce its successful listing on the platform of National Stock Exchange of India Limited ("NSE") today, 16th August 2024 which listed on BSE Limited (Scrip Code: 505850
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How to Handle Discrepancies in Your Demat Account Holdings
Updated : 1 year, 10 months ago IST
New Delhi [India], August 14: Discrepancies in your demat account holdings can be unsettling. Such discrepancies indicate clerical errors, system glitches, or, in rare cases, fraudulent activities.
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Max Life total APE grows by 31 per cent and Profit before Tax by 46 per ce
Updated : 1 year, 10 months ago IST
Noida (Uttar Pradesh) [India], August 14: Max Financial Services Limited has recorded consolidated revenue^ of Rs7,709 crore in Q1 FY25, a 21% growth buoyed by higher investment income. The consolidated revenue excluding investment income at Rs5,235 crore grew by 11% year-on-year during t
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TVS Credit Registers a Growth of 20 per cent in AUM in Q1 FY25 Versus Q1 F
Updated : 1 year, 10 months ago IST
Bengaluru (Karnataka) [India], August 14: TVS Credit Services Limited, one of India's leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs 26,351 Crore as of Jun'24, an increase of Rs 4,427 C
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UGC introduces new enrollment procedure for students seeking admission to
Updated : 1 year, 10 months ago IST
The University Grants Commission has introduced a new enrollment procedure for students seeking admission to Open and Distance Learning (ODL) and Online Programmes for the academic year 2024-25. The change, effective from September 2024, is aimed at ensuring that students enrol only in appro
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Modulus Alternatives Announces the Appointment of Two New Directors to its
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], August 12: Modulus Alternatives, an established alternative asset manager in private credit, is pleased to announce the appointment of Alok Agarwal (former CFO, Reliance Industries) as a Non-Executive Director and Raman Uberoi (Senior Advisor, Government &
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