Page 35 - Abhijit Lele

RBI allows HDFC Bank group to buy up to 9.5% stake in ICICI Bank, 5 others

The group will also acquire stakes in Axis Bank, YES Bank Suryoday Small Finance Bank, IndusInd Bank, and Bandhan Bank

Retail loan origination moderates in Q2 as lenders tighten credit flow

The CMI is a comprehensive measure of data to analyse changes in credit market health, categorized under four pillars: demand, supply, consumer behaviour, and performance

Bank credit growth may slow in FY25 on tight liquidity: S&P Global Ratings

Reflecting a robust economic growth, bank credit grew 16 per cent year-on-year (Y-o-Y) till January 12 in the current financial year against 16.5 per cent growth last year

State Bank of India eyes 12-13% growth in international loan book

The lending book has three components - trade finance, External Commercial Borrowings (ECB) by Indian entities - corporates and finance companies - and local business in foreign offices

Brookfield-backed India Infra InvIT to raise Rs 6,452 crore via debentures

The infrastructure investment trust is in the process of issuing NCDs, and the proceeds will be used entirely to refinance debt maturing at the Special Purpose Vehicle (SPV) level

State Bank of India Q3 result: Net profit declines 35% on pension provision

One-time pension revision, dearness allowance relief hits profits; open to help Paytm merchants to avoid disruptions

Lenders need to scale-up systems to expand 'Lakhpati Didi' scheme

While working within a group, social influence helps in maintaining discipline for staying on course for repayments

Aditya Birla Capital Q3 results: Consolidated net up 39% at Rs 736 crore

The company's consolidated revenue grew by 29 per cent Y-o-Y to Rs 9,997 crore, up from Rs 7,743 crore in the quarter ended December 2022

BoB Q3 results: PAT up 19% at Rs 4,579 cr; to raise upto Rs 2,500 cr in Q4

Its Capital Adequacy Ratio stood at 14.72 per cent with Common Tier I Capital of 11.11 per cent at the end of December 2023

Q3 results: Pvt banks' profit jumps 24% on high offtake, lower credit cost

But moderates sequentially due to pressure on interest income

Bajaj Finserv net profit rises 21%; arm acquires Vidal Healthcare

Its consolidated total income rose by 33 per cent to Rs 29,038 crore in the quarter, from Rs 21,755 crore in the year-ago period.

Bajaj Finance Q3 results: Consolidated net profit up 22% at Rs 3,639 cr

Higher risk weighting dents capital adequacy

Piramal Enterprises posts Rs 2,378 crore loss on AIF provisions in Q3

Capital adequacy remains strong despite 4% AIF impact; Slows down on unsecured consumer loan book

CMS Info Systems eyes buys in fintech, financial inclusion spaces

While scanning for inorganic growth opportunities, the company is also incubating some businesses like collections and logistics services for bullion

Commercial bank credit up 16.02% till January 12, shows RBI data

Sequentially, it grew by 0.09 per cent over the previous fortnight ended December 29, 2023. The outstanding credit stood at Rs 154.04 trillion as of January 12, 2024, according to RBI data

AU Small Finance Bank Q3 results: Net profit down 4% at Rs 375 crore

Margins under pressure; provisions rise sharply

Retail credit flows surge not resulted in stress build up: RBI report

The Indian economy was witnessing a surge in retail credit growth. The credit growth is led by a well-diversified customer base, with reasonably good financial health conditions

ICRA revises bank credit growth estimates upwards to 14.9-15.3% for FY24

Looking ahead, weaker export demand in certain sectors, softer commodity prices, and challenges in deposit mobilisation could temper bank credit growth in FY25, Gupta said

L&T Finance Holdings Q3 results: Net profit up 41% at Rs 640 crore

Its credit costs declined to 2.52 per cent from 2.67 per cent a year ago

ICICI Bank's profitability solid despite AIF provisioning, margin pressure

Ratings agency S&P said that the bank's better customer profile and underwriting compared to many Indian banking peers should also limit losses