Page 45 - Abhijit Lele

Bajaj Finance's B2B segment to add 1,000 cities in the next three years

In Q1 FY24, B2B disbursements were up 37 per cent at Rs 22,625 crore as against Rs 16,502 crore in Q1 FY23. Its AUM stood at Rs 2,70,097 crore at the end of June 2023

PSB Alliance to provide door-step banking services in 6,800 centres

At present, pure-play supply chain finance from banks is only around Rs 1 trillion

Industrial credit growth slumped in July; House Price Index up 5.1% in Q1

Services, Agro credit growth pace accelerates

Fitch affirms SBI's long term rating at 'BBB' on asset quality, loans

Agency revises outlook for lender's asset quality score from 'stable' to 'positive'

RBI cautions UCB directors against camouflage of financial position

The RBI today held a Conference of Directors on the Boards of Tier 3 and 4 Urban Cooperative Banks (UCBs) in Mumbai Zone

India's FDI outflow rises 73% to $1.85 billion in July over June: RBI data

The debt commitment rose to $ 605 million in July 2023 from $ 255 million in June

Shrem InvIT scraps plans for NCDs; opts for loan to acquire 10 road SPVs

Evaluating 10 more operating roads; to expand capital by Rs 330 cr

State Bank of India set to measure carbon risk of its Rs 33 trn loan book

The bank plans to engage a consultant or advisor to measure the carbon footprint in its domestic lending portfolio according to internationally accepted norms

India Inc's leverage to stablise; refinancing risk to remain low: Moody's

Agency's report on non-finance entities says earnings growth will be a function of lower prices of key commodities

Union Bank prices equity share at Rs 86.55 for QIP; raises Rs 5,000 crore

Priced at 5% discount to floor price; another equity offering likely to reduce Govt stake further

Private bank's CD issuances to stay strong amid liquidity tightening

RBI's August monetary policy review asked banks to maintain an incremental cash reserve ratio of 10%

Fintech loan disbursement rose 21% YoY in FY23: FACE-Equifax report

Number of loans disbursed increased 49%; delinquency rate fell

BoB withdraws Sunny Deol's villa auction notice, cites technical reasons

Reversal in decision comes within a day of the initial auction notice for the actor's Juhu property

ADIA-backed IIFL Home Finance raises nearly $100 million from IFC

Pegs total fund requirement upto Rs 14,000 cr in Fy24

Banks, finance companies expect robust festive season credit offtake

Little room for rate-cut wars; tight screening to stay

RBI prohibits lenders from compounding penal interest on loan defaults

Penalty imposed for breaches will be treated as 'penal charges'

Lenders can impose penalty on defaults only as 'penal charges': RBI

Regulated entities are barred from imposing such charges in the 'penal interest' that is added to the rate of interest charged on the advances

Net FDI into India declines sharply to $5 billion in Q1, shows data

The sectors that received most of the investment during this period included manufacturing, financial services, business services, computer services, electricity, and other energy sectors

Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter

Outstanding deposits rise in June 23 over Dec 22

Fitch warns rapid growth in unsecured retail credit needs management

Operating environment for Indian banks improved as economic risk recede