Page 91 - Abhijit Lele

Home loans grew 76% to Rs 79,043 crore in March quarter, shows data

Property loans also showed 21.9 per cent expansion at Rs 23,418 cr against Rs 19,207 cr in Q4FY20

PNB Housing controversy puts spotlight on independent valuer rule

Inconsistencies between the Companies Act and the Issue of Capital Regulations to be debated before SAT

SAT allows vote on Carlyle's Rs 4,000-crore infusion in PNB Housing

Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead

SBI to raise up to Rs 14,000 cr via AT1 bonds to boost capital adequacy

Being a systemically important financial institution, the bank has to maintain a higher level of CAR than its peers

Centrum gets RBI's in-principle nod to take over PMC Bank via SFB route

Approval given in accordance with the offer made by Centrum to take over the beleaguered Punjab and Maharashtra Cooperative Bank

Microfinance loan book grows 10% sequentially to Rs 2.53 trillion in Q4

Banks continue to dominate the market share of 42 per cent.

Federal Bank to raise Rs 916 cr in equity capital from IFC, affiliates

Seeks shareholders nod for extra Rs 4,000 cr in equity capital

Financial conditions index takes big knock in Q1 due to second wave

Despite drag reading on index holds out optimism: IBA-CII

ICICI Bank offers digital banking solutions to corporates, their partners

The bank aims to become the preferred banking partner for companies and their entire ecosystem

India's credit ecosystem resilient despite Covid-19 pandemic: Experian

The credit information bureau says in a report India's consumer credit market is projected to grow at a higher rate than most major economies globally

Deregulation of rates for NBFC-MFIs may lead to expansion of market

The large NBFC-MFIs have not rationalised their lending rates, despite achieving economies of scale.

LIC Housing Fin Q4 net down 5.33% at Rs 398.9 cr on impairment spike

To raise equity capital through prefential issue to LIC

Tata Capital expects over 10% growth in credit this financial year

During FY21, its loan book stood at Rs 77,219 crore, compared to Rs 77,610 crore in March 2020.

Edelweiss Financial plans to slash wholesale book by half to Rs 5,900 crore

Edelweiss has pegged inflows of Rs 3,700 crore in the current financial year (2021-22) and Rs 3,800 crore in FY23.

Covid-19 pandemic impact: ICRA downgrades ratings for two MFIs

The rating action factors in the significant increase in delinquencies and the pressure on profitability and growth in light of the Covid-19 pandemic

Moody's downgrades Delhi International Airport rating following Covid surge

Outlook negative; Moody's says reduction in revenue will lead to additional debt being required to complete the airport's expansion

REL to invest over Rs 100 cr in broking, housing finance business

REL has four key businesses Religare Finvest Limited (RFL) for SME finance, Care Health Insurance Limited (CHIL) - health insurance, Religare Broking Ltd (RBL) and Religare Housing Development Finance

SBI-controlled RRBs see four-fold jump in net profit at Rs 1,004 cr in FY21

As a planned strategy to diversify the portfolio, RRBs expanded their housing loans by 20.35 per cent, while gold loans grew 91.73 per cent

Second wave: Too early to take call on asset quality dip, says SBI chief

Despite limited lockdowns this time, economic impact will be felt, household income takes a hit

NARCL headhunting for core team begins ahead of launch in July

Invites quotes from Aon to help it in the hiring process