Page 51 - Abhijit Lele

Bond auction: 11 states borrow Rs 22,500 crore; Maharashtra tops the list

The four state governments issued 10-year bonds to raise Rs 3,000 crore. Tamil Nadu raised Rs 2,000 crore, Haryana Rs 750 crore, Nagaland Rs 150 crore, and Goa Rs 100 crore

Mortgage lender HDFC raises over Rs 13,000 cr through 10-year bonds

For FY23, its net profit grew by 18 per cent at Rs 16,239 crore as against Rs 13,742 crore in FY22

Digital lenders' disbursement grows 2.5 times to Rs 92,848 crore in FY23

Growth in disbursement value improved though the pace slowed in the second half of FY23, says industry group

BOI to raise up to Rs 3,000 cr via tier II bonds to support business growth

Mumbai-based lender has board nod to raise up to Rs 6,500 cr in FY24, of which Rs 4,500 cr would be via AT1 bonds/equity and balance via tier II bonds

Monetary policy: RBI defines technical write-offs for regulated entities

Will provide further impetus to resolving stressed assets, rationalising and harmonising instructions

Credit sanctions to pick up traction as base effect fades, say NBFCs

The last quarter of FY23 (January-March) showed normal business activity compared to the same period the year before, reflecting pent-up demand after the pandemic

SBI to factor in climate finance risk: Chairman Dinesh Kumar Khara

The gross non-performing assets (GNPA) ratio of green industrial loans, however, has been higher during the same period, especially for PSBs, it said

NBFC loan sanctions up 2% YoY in Q4, rises in investment sector: Report

Growth in sanctions for equipment, commercial vehicles indicates revival of capital investment: Study

Deposits shrink Rs 59,623 cr, credit down Rs 6k cr in May 19 fortnight

CARE Ratings said the credit-to-deposit ratio has been generally trending upward since the latter part of FY22

Indiabulls HFC eyes to scale up monthly disbursement to Rs 1,200-1,300 cr

From a sharp decline, the book has flattened out over the last six months

CRISIL upgrades Central Bank rating on improvement in profitability

State-owned lender has improved asset quality, been profitable for eight consecutive quarters

Pace of credit to MSMEs moderates in April: Reserve Bank of India

The housing segment showed a steady growth at 14.3 per cent in April 2023 against 13.7 per cent, RBI said

Interest rates on fresh term deposits and loans dip in April, shows data

The rise in rates seems to have been arrested for now at the end of May. Deposits coming from the withdrawal of the Rs 2,000 note may improve liquidity

High staff attrition a significant operational risk to banks: RBI Dy Guv

Outsourcing, lack of succession planning and staff skilling also areas of concern, Jain says

YES Bank brand makeover: Spending on advertising activities to surge 30%

The bank launched a tweak in its logo

RBI balance sheet grows 2.5% to Rs 63.4 trillion; forex ops lift income 47%

Expenditure rises 14% YoY to Rs 1.48 trillion, shows FY23 annual report

Cosmos Coop Bank eyes more M&As in UCB space after Maratha Sahakari deal

Strategy forms part of lender's aim to expand its network to 200 branches

Microfinance loans grow 21.3% YoY to Rs 3.5 trn in FY23, says report

New regulatory norms have helped industry clocking robust demand

Tata Capital Fin Services to raise upto Rs 7,000 crore through NCDs

Debt market sources said the funds are likely to be raised through non-convertible bonds (NCDs) in one or more tranches

Reduce compliance burden to aid investments: NABFID Chairman K V Kamath

Economic growth of 7% will attract FDI flows in India