As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access. In a move aimed at boosting credit flow, the permissible housing loan exposure of UCBs has been raised to 25 per ce
The government has set a target of Rs 3,361 crore for revenue from operations, up by 18 per cent from the previous year's achievement, for 2022-23. According to a statement from the ministry of new and renewable energy, the government has also set various performance-related key parameters s
Mumbai (Maharashtra) [India], August 2 (ANI/PRNewswire): NeoGrowth, India's leading digital lender serving underbanked SME businesses, recently released the Social Impact Report 2021, which indicated that the company extended 64.5 percent of its loans to first-time borrowers while 84 percent
Mumbai (Maharashtra) [India], Jan 4 (ANI): Yes Bank said on Monday its total loans grew by 1.3 per cent in the December quarter to Rs 1.69 lakh crore from Rs 1.66 lakh crore in the September quarter.