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Abhijit Lele

Abhijit Lele

Page 84 - Abhijit Lele

Risks of Vodafone Idea's financial profile worsening are receding: Lenders

The company's debt continues to remain high and its current financial flexibility continues to remain strained

Risks of Vodafone Idea's financial profile worsening are receding: Lenders
Updated On : 21 Oct 2021 | 1:48 AM IST

Equitas Small Finance Bank to raise up to Rs 1,000 crore via QIP

Stock of the firm closed with a gain of about one per cent at Rs 67.3 per share on the BSE on Monday. Its capital adequacy ratio stood at 24.07 per cent at the end of June

Equitas Small Finance Bank to raise up to Rs 1,000 crore via QIP
Updated On : 19 Oct 2021 | 1:22 AM IST

Legal fight on anvil as Dish TV board rejects YES Bank's demand for EGM

YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel

Legal fight on anvil as Dish TV board rejects YES Bank's demand for EGM
Updated On : 18 Oct 2021 | 4:21 AM IST

HDFC Bank Q2 net up 18% to Rs 8,834 cr, steady rise in interest, fee income

Asset quality is largely stable; Total deposits up 14.4% at Rs 14.06 trillion YoY, advances rise 15.5% to Rs nearly Rs 12 trillion

HDFC Bank Q2 net up 18% to Rs 8,834 cr, steady rise in interest, fee income
Updated On : 16 Oct 2021 | 7:08 PM IST

Noida international airport plans to raise Rs 3,725 crore in term loans

The estimated project cost of Phase I of the airport is Rs 5,730 crore and is funded in a debt-equity ratio of 65:35

Noida international airport plans to raise Rs 3,725 crore in term loans
Updated On : 16 Oct 2021 | 6:02 AM IST

UCO Bank chief A K Goel is new IBA chairman, succeeds Union Bank MD

Banks Board Bureau had, in September, proposed Goel's for the forthcoming position of MD-CEO at Punjab National Bank. Centre to take final call on the appointment

UCO Bank chief A K Goel is new IBA chairman, succeeds Union Bank MD
Updated On : 15 Oct 2021 | 1:33 AM IST

Unity Small Finance Bank plans to tap 100 million Payback users

The proposed business model is one of collaboration and open architecture

Unity Small Finance Bank plans to tap 100 million Payback users
Updated On : 15 Oct 2021 | 12:31 AM IST

PNB HF scraps Rs 4K-crore deal with Carlyle-led group of investors

Protracted litigation, uncertainty reasons for move: Firm

PNB HF scraps Rs 4K-crore deal with Carlyle-led group of investors
Updated On : 14 Oct 2021 | 11:43 PM IST

Auto loan delinquencies to stay elevated for 3-6 months in India: Moody's

While economic conditions have improved, this year's virus outbreak has eroded borrowers' financial reserves, according to Moody's

Auto loan delinquencies to stay elevated for 3-6 months in India: Moody's
Updated On : 14 Oct 2021 | 12:45 PM IST

Dish TV board cites rules, rejects YES Bank's demands to hold EGM

The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees

Dish TV board cites rules, rejects YES Bank's demands to hold EGM
Updated On : 13 Oct 2021 | 11:57 PM IST

Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman

He will be involved in defining the company's short-term and long-term strategies, and will so work closely with the other Board Members and CXOs

Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman
Updated On : 13 Oct 2021 | 12:29 AM IST

RBI issues SFB licence to Centrum-BharatPe consortium

'Unity Small Finance Bank' will start with at least Rs 1,500-cr loan book, says Centrum

RBI issues SFB licence to Centrum-BharatPe consortium
Updated On : 13 Oct 2021 | 12:26 AM IST

Gold loans firms' FY22 book to grow at 18-20% on tiny biz demand: Crisil

Working capital needs drive uptick in demand; gold loans taken by individuals support uptrend

Gold loans firms' FY22 book to grow at 18-20% on tiny biz demand: Crisil
Updated On : 12 Oct 2021 | 3:05 PM IST

Earnings preview: Bank profits to show steady rise despite provisions

Rise in stressed assets may not push bills for provisions as lenders maintain higher provision coverage ratio for few quarters

Earnings preview: Bank profits to show steady rise despite provisions
Updated On : 12 Oct 2021 | 6:07 AM IST

Finance companies sell Rs 25,000 cr loans in Q2FY22, up 65% year-on-year

Activity rises as investors' fears over collections ebb

Finance companies sell Rs 25,000 cr loans in Q2FY22, up 65% year-on-year
Updated On : 12 Oct 2021 | 2:00 AM IST

FY22 credit growth turns positive first-time ever

What stands out this time around is that positive growth happened despite a more debilitating impact of the second wave of the Covid-19 pandemic

FY22 credit growth turns positive first-time ever
Updated On : 11 Oct 2021 | 1:10 AM IST

Monetary policy review: Liquidity step was needed, say bond dealers

The RBI stopped the Government Securities Acquisition Programme (G-SAP), through which it has infused Rs 2.2 trillion of liquidity in the system

Monetary policy review: Liquidity step was needed, say bond dealers
Updated On : 09 Oct 2021 | 4:55 AM IST

RBI to introduce ombudsman scheme for NBFCs to bolster complaint redressal

RBI said the IOS for NBFCs will be on the lines of IOS for banks and non-bank payment system participants

RBI to introduce ombudsman scheme for NBFCs to bolster complaint redressal
Updated On : 09 Oct 2021 | 1:35 AM IST

Dramatic improvement in asset quality post June: Amitabh Chaudhry

'The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner', said Chaudhry

Dramatic improvement in asset quality post June: Amitabh Chaudhry
Updated On : 08 Oct 2021 | 10:06 AM IST

Srei's great leap back underlines high-risk nature of NBFC business

In the past three decades, the Kanorias have weathered many a crisis, including the NBFC crisis of the 1990s and the global financial crisis in 2008-09

Srei's great leap back underlines high-risk nature of NBFC business
Updated On : 08 Oct 2021 | 6:03 AM IST