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Muthoot Microfin Q1 profit jumps 13-fold on stronger loan growthMuthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit c...- PNB Housing targets Rs 100 cr micro-housing loan book in FY27PNB Housing Finance anticipates its new micro-housing loan business will reach Rs 100 crore AUM. The company expects disbursements to accel...
- How Rs. 40,000 Regular Income from Bonds Can Ease the Liquidity Pressure on the Sandwich GenerationMiddle-aged families face financial stress from competing responsibilities and unexpected expenses. A dedicated bond portfolio can provide ...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsA word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there i...
- Indian Bank targets Rs 35 lakh crore business by 2032 after crossing Rs 15 lakh crore milestone: MD & CEO"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to bec...
- Mindspace REIT’s Q1 net operating income rises 28% to Rs 788 croreMindspace REIT achieved a remarkable 27.8% growth in net operating income this quarter. The firm broadened its development pipeline by addi...
- PNB Housing Finance shares rally 5% after Q1 profit rises 4% YoY, loan assets jump 15%PNB Housing Finance shares gained after the lender reported steady Q1 earnings, supported by loan book expansion, stable asset quality and ...
- Microfinance lending dips as uneven monsoon alters the landscapeIndia's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...
- Bengaluru housing problem: 28-year-old asks if paying Rs 65K home EMI makes more sense than Rs 44K rent? Internet explains the mathA 28-year-old Bengaluru software engineer earning around Rs 70 lakh per year has sparked a debate online after asking whether it makes more...
- Nexus Select Trust Q1 NOI rises 11% on strong retail demandNexus Select Trust reported an eleven percent increase in net operating income. Retail consumption rose seventeen percent, supporting stron...
- Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
- Utkarsh Small Finance Bank posts Rs 34 crore Q1 loss; asset quality stress persistsUtkarsh Small Finance Bank reported a net loss of Rs 34 crore for the June quarter, marking its fifth consecutive quarterly loss, as elevat...
- Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
- Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
- Kissht Q1 operating revenue rises 45% on higher loan disbursementsOperating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...
- JC Flowers Asset Reconstruction Company in talks to merge into Assets CareJC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...
- Shriram Finance eyes doubling gold loan book share to 5% in three yearsShriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...
- Godrej Capital aims to grow gold loan book to Rs 5000 crores by 2031Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance's gold loan p...
- Ujjivan Small Finance Bank grows share of secured loan to over 50%Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...
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