Search For "loan portfolio"
SBI posts 74 pc jump in profit, its highest quarterly profit
Updated : 3 years, 4 months ago IST
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
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Home loans growing much faster in Tier 3, 4 districts, shows SBI Research
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI): Home loan portfolios in tier 3 and tier 4 districts are growing at a much faster rate than tier 1 and tier 2 districts post-pandemic, a study conducted by SBI Research showed.
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Pakistan, China sign agreement to develop Sindh, Hubei as sister provinces
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 3 (ANI): Pakistan and China inked a deal to develop Sindh and Hubei as sister provinces in an attempt to encourage cooperation in diverse fields, at a time when the former's loan portfolio is about 95 per cent of its GDP, reported local media
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USAID, DFC announce $41 million loan guarantee programme for rooftop solar
Updated : 5 years ago IST
New Delhi [India], March 18 (ANI): United States Agency for international development (USAID) and US international development finance corporation (DFC) are jointly sponsoring loan portfolio guarantee to enable Indian small and medium enterprises (SMEs) to access reliable power and cut costs
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MFI Spandana Sphoorty to buy Criss Financial for Rs 50 cr
Updated : 5 years ago IST
Hyderabad (Telangana) [India], March 11 (ANI): Micro-finance institution Spandana Sphoorty Financial Ltd on Thursday approved an investment of Rs 50 crore in equity share capital of its subsidiary Criss Financial Holdings Ltd (CFHL) in one or more tranches.
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Muthoot Finance reports 59 pc jump in Q1 net profit at Rs 841 cr
Updated : 5 years, 7 months ago IST
Kochi (Kerala) [India], Aug 19 (ANI): Muthoot Finance, the country's largest gold financing company in terms of the loan portfolio, on Wednesday reported 59 per cent jump in its net profit at Rs 841 crore for Q1 FY21 as against Rs 530 crore in the same period of previous fiscal.
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Ind-Ra affirms IDFC First Bank's debt instruments at AA-plus with negative
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 9 months 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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Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr
Updated : 5 years, 9 months 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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ICICI Bank Q2 profit falls by 28 pc on deferred tax adjustment
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 26 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs 655 crore in the second quarter of current fiscal (Q2 FY20) due to deferred tax assets adjustment.
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Muthoot Finance gets good ratings from three global agencies
Updated : 6 years, 5 months ago IST
Ernakulam (Kerala) [India], Oct 11 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, has obtained credit ratings from three global agencies as it prepares to access the debt market.
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Muthoot Finance may shut Kerala branches amid frequent union strikes
Updated : 6 years, 6 months ago IST
Ernakulam (Kerala) [India], Aug 29 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, said on Thursday its staff is being threatened for life by workers of the Centre of Indian Trade Unions (CITU) which is an affiliate of the current ruling Commu
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