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Abhijit Madhav Lele covers banking financial services at Business Standard. Earlier, he has worked with the Press Trust of India, covering banking, finance, and capital markets in Delhi and Mumbai (1997-2006). He also had a stint in the editorial team of India Economic Update, a Dalal Street Journal group publication (1995-1997). He has also worked as a lecturer (psychology) with Sathaye College, Bombay University (1992-95).
Abhijit Madhav Lele covers banking financial services at Business Standard. Earlier, he has worked with the Press Trust of India, covering banking, finance, and capital markets in Delhi and Mumbai (1997-2006). He also had a stint in the editorial team of India Economic Update, a Dalal Street Journal group publication (1995-1997). He has also worked as a lecturer (psychology) with Sathaye College, Bombay University (1992-95).
Property loans also showed 21.9 per cent expansion at Rs 23,418 cr against Rs 19,207 cr in Q4FY20
Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.
The board also gave nod to the issuing of non-convertible debentures of up to Rs 1,000 crore
Inconsistencies between the Companies Act and the Issue of Capital Regulations to be debated before SAT
Results not allowed to be disclosed; Tribunal allows Tuesday EGM to go ahead
Being a systemically important financial institution, the bank has to maintain a higher level of CAR than its peers
Approval given in accordance with the offer made by Centrum to take over the beleaguered Punjab and Maharashtra Cooperative Bank
Banks continue to dominate the market share of 42 per cent.
Seeks shareholders nod for extra Rs 4,000 cr in equity capital
Despite drag reading on index holds out optimism: IBA-CII
The bank aims to become the preferred banking partner for companies and their entire ecosystem
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
The large NBFC-MFIs have not rationalised their lending rates, despite achieving economies of scale.
To raise equity capital through prefential issue to LIC
During FY21, its loan book stood at Rs 77,219 crore, compared to Rs 77,610 crore in March 2020.
Edelweiss has pegged inflows of Rs 3,700 crore in the current financial year (2021-22) and Rs 3,800 crore in FY23.
The rating action factors in the significant increase in delinquencies and the pressure on profitability and growth in light of the Covid-19 pandemic
Outlook negative; Moody's says reduction in revenue will lead to additional debt being required to complete the airport's expansion
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
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