Page 2945 - Business Finance
ICICI bank to disburse Rs 10,000 cr retail loan in Punjab, Haryana
The country's largest private sector lender ICICI Bank today said it is aiming to disburse retail loan to the tune of Rs 10,000 crore in Punjab and Haryana by the end of the current financial year. "In FY'18, retail consumer loans grew faster in the states in comparison to the bank's overall retail loan growth in the country of over 20 per cent. "With robust growth in the economy of the states, this fiscal too, we see potential to grow faster in Punjab and Haryana than the national average. We will increase the retail loan disbursement by one-fourth to Rs 10,000 crore," said Anup Bagchi, Executive Director, ICICI Bank here today. In last fiscal, bank's retail loan disbursement stood at Rs 7,675 crore in Punjab and Haryana, he said. The bank will reach the target by expanding its consumer-personal, vehicle and two-wheeler-loans, Bagchi said. "In 2018-19, the bank envisages to grow its disbursement of consumer loans by over 45 per cent to more than Rs 3,500 crore," he said. Consumer ...
India's rank on the Global Innovation Index (GII) Improves to 57th this year
Government and industry must synergise their efforts to promote R&D and innovation in the country. NITI Aayog will join hands with CII to drive innovation in India. This was stated by Mr Ratan P Watal, Principal Adviser, NITI Aayog & Member Secretary Economic Advisory Council to Prime Minister at the India launch of Global Innovation Index 2018 in New Delhi on Wednesday.
Next Mediaworks reports standalone net loss of Rs 0.40 crore in the June 2018 quarter
Sales reported at Rs 0.19 crore
Lokesh Machines standalone net profit rises 65.52% in the June 2018 quarter
Sales rise 3.69% to Rs 39.91 crore
Hikal standalone net profit rises 19.59% in the June 2018 quarter
Sales rise 23.93% to Rs 321.79 crore
Camex standalone net profit rises 800.00% in the June 2018 quarter
Sales rise 9.80% to Rs 30.14 crore
Lupin standalone net profit rises 21.28% in the June 2018 quarter
Sales rise 3.05% to Rs 2512.00 crore
Yuken India standalone net profit rises 240.00% in the June 2018 quarter
Sales rise 31.35% to Rs 60.80 crore
Anubhav Infrastructure reports standalone nil net profit/loss in the June 2018 quarter
Sales decline 50.00% to Rs 0.05 crore
JTL Infra standalone net profit rises 193.20% in the June 2018 quarter
Sales rise 146.25% to Rs 61.34 crore
Future Consumer standalone net profit rises 74.24% in the June 2018 quarter
Sales rise 25.68% to Rs 650.13 crore
Stylam Industries standalone net profit rises 46.04% in the June 2018 quarter
Sales rise 43.37% to Rs 107.66 crore
Coastal Roadways standalone net profit declines 45.45% in the June 2018 quarter
Sales decline 4.92% to Rs 12.96 crore
Cindrella Hotels standalone net profit declines 25.00% in the June 2018 quarter
Sales decline 13.77% to Rs 1.19 crore
Igarashi Motors India standalone net profit declines 22.79% in the June 2018 quarter
Sales decline 16.95% to Rs 110.65 crore
BEML reports standalone net loss of Rs 160.34 crore in the June 2018 quarter
Sales decline 28.02% to Rs 454.68 crore
Sharp India reports standalone net loss of Rs 2.83 crore in the June 2018 quarter
Sales decline 2.70% to Rs 0.36 crore
Sukhjit Starch & Chemicals standalone net profit rises 59.48% in the June 2018 quarter
Sales rise 6.37% to Rs 173.65 crore
Jamna Auto Industries standalone net profit rises 131.51% in the June 2018 quarter
Sales rise 131.91% to Rs 548.69 crore
NESCO standalone net profit declines 12.88% in the June 2018 quarter
Sales rise 16.22% to Rs 75.46 crore