MFIs get over the demonetisation shock, show improvement in business“Business has returned to normalcy. We hope to end the year on a reasonably good note,”
06 Feb, 2018, 10.47 AM IST
Microfinance companies show improvement in financial healthUjjivan Small Finance Bank managing director Samit Ghosh said credit cost is petering off and repayment is back to pre-demonetisation level.
05 Feb, 2018, 06.59 PM IST
Ujjivan Financial Services reports profit after two quartersIts gross NPAs ratio stood at 4.24 per cent as against 4.99 per cent in the preceding quarter.
05 Feb, 2018, 04.57 PM IST
Ujjivan Financial Services expects to be back in blackUjjivan booked net losses for the first two quarters this fiscal with demonetisation and loan waivers in some states impacting the repaymen...
18 Jan, 2018, 04.22 PM IST
Ujjivan Financial Services cut net loss to Rs 12 crore in Q2The firm had reported Rs 75 crore net loss in the June quarter.
02 Nov, 2017, 08.16 PM IST
India to grow at 7.2% in 2017-18: World BankFor 2017-18, the World bank has projected GDP growth of 7.2% and for 2019-20, a growth of 7.7%, riding on strong fundamentals, reform momen...
30 May, 2017, 01.32 AM IST
Panasonic India likely to break even this fiscal: Manish SharmaThe company posted a net loss of Rs 43.21 crore in 2015-16 on a 24% increase in sales to Rs 4,918.63 crore, according to data sourced from ...
08 Mar, 2017, 01.19 AM IST
Took Rs 100 crore hit on account of demonetisation: NestleAccording to Nestle, the FMCG segment would take at least two more quarters as the lag in demand in not on just the industry only but also ...
20 Feb, 2017, 07.42 PM IST
Demonetisation: ED files charge sheet against businessman LodhaThe charge sheet gives details of how the accused persons "cheated public at large" and caused monetary loss to the central government.
17 Feb, 2017, 08.09 PM IST
With losses mounting, used car players have a challenging year aheadGrowing at an annual rate of 15%, the market was set to cross 33 lakh units by the end of last year. However, demonetisation in early Novem...
12 Feb, 2017, 07.50 AM IST
Despite note-ban, rural wages on a steady climb in Nov: NomuraThe purchasing sentiment of consumers fell steeply by 0.42 points due to demonetisation, with the buying propensity index standing at 0.26 ...
29 Jan, 2017, 01.22 PM IST
MFI sector yet to get over demonetisation impactThe Rs 55,000-crore sector may see loan losses in the range of 1-3% of the overall portfolio, Antique Stock Broking said in a research repo...
27 Jan, 2017, 04.49 PM IST
Budget 2017: Higher tax breaks on home loans likelyAfter govt prodded banks to lower loan rates, Finance Minister may announce some more tax concessions for home loan borrowers to boost real...
15 Jan, 2017, 12.48 PM IST
Hyderabad businessman held over Rs 98 cr 'black money' deposits in banksAnother businessman Naredi Narender Kumar (59), MD of a private firm and brother-in-law of Gupta, was also arrested for abetment and hiding...
29 Dec, 2016, 01.49 PM IST
- Outperform on Tata Motors, target Rs 680 : Credit Suisse
The global brokerage firm has reduced standalone estimates on demonetisation impact. Credit Suisse reduced JLR FY17 est on volumes and marg...
01 Dec, 2016, 02.42 PM IST
Demonetisation: Footfalls down 70-80% at retail telecom outlets; subscribers curb outgoing callsRetail outlets have stopped replenishing electronic recharge back-ups on a daily basis, and are now doing so over longer intervals amid dwi...
18 Nov, 2016, 08.54 AM IST
Demonetisation: Suspension of NH toll may lead to 460-crore lossRs 460 crore revenue loss to private road builders, resulting in a significant liquidity stress for the most-rated road projects and potent...
17 Nov, 2016, 01.58 AM IST