Mumbai (Maharashtra) [India], January 27: Financial results - IDFC FIRST Bank today announced the unaudited financial results for the quarter and nine months ended December 31, 2024.
Mumbai (Maharashtra) [India], January 25: IDFC FIRST Bank has reported a strong financial performance for Q3 FY25, with a Profit After Tax (PAT) of Rs. 339 crore and a 15% YoY increase in core operating profit. The bank saw significant growth in key areas, including a 28.8% rise in custom
Bank of Baroda (BoB), a major public sector bank, concluded the 7th edition of its flagship rural outreach programme, 'Baroda Kisan Pakhwada', sanctioning agriculture loans worth more than Rs 3,300 crore, the Bank said in a release on Thursday.
Pune (Maharashtra) [India], January 15: Personal loans are one-size-fits-all types of loans that borrowers can use for any purpose. Borrowers can rely on an instant loan for medical expenses or for a family holiday, as per their needs, as there is no end-use restriction. However, there are a
The loan growth of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) (excluding IFCs) will moderate to 17 per cent in FY25, down from 21 per cent in FY24, says a report by Jefferies.
Mumbai (Maharashtra) [India], January 7: NewMalayalam Steel Limited (NSE: NMSTEEL), specializes in galvanized pipes, tubes, sheets has received recent credit ratings upgrade from CARE Ratings Limited. The credit ratings cover total facilities amounting to Rs81.29 Cr and include term loans, c
A Taiwan security official has warned Taiwanese citizens that they could face extradition to China if they fail to repay loans taken out in China using a Chinese ID card, Taipei Times reported on Thursday.
Pune (Maharashtra) [India], January 1: Many potential borrowers worry about their credit score when applying for an instant loan. This concern often arises because a lower credit score can impact the chances of loan approval or result in higher interest rates. A lower credit score may signal
New Delhi [India], December 31: The simplest approach to deal with any financial necessity is through a loan. You may need funds for a medical emergency, a vacation, or purchasing an item like a home or automobile. You might need to take a personal loan to meet these expenses. Banks and othe
The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the personal loan and services sectors leading the expansion. This was followed by credit growth in agriculture and the industrial sectors, the report noted.
New Delhi [India], December 26: Buying a home is a significant milestone, and for most people, a housing loan is a financial bridge to turn this dream into reality. However, navigating the process can be daunting if you're unfamiliar with the terms and concepts associated with home loans. Un