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LICHFL aims to double affordable housing share in loan baook in 2 yearsLIC Housing Finance aims to more than double the share of affordable housing loans to 20-25% in the next two years. The home finance arm wi...- Shriram Housing Finance looks to double loan-book to Rs 10,000 cr by FY24With a little over Rs 5,000 crore of live loan-book as of February, Shriram Housing is the fifth largest affordable housing lender now.
- Fraudulent loans cannot be sold to bad bank: RBIThe RBI has said that loans classified as fraud should not be sold to the proposed national asset reconstruction company (NARC) to be set u...
- eLender InCred acquires fintech platform QberaInCred, which is registered as a non-banking finance company with a licence from the RBI, has a loan-book size of about 2,100 crore.
- UBI targets Rs 1,000 crore net profit in FY20UBI's board had earlier approved capital raising of Rs 1,500 crore for the entire fiscal.
- MFI loan book growth hits 43% at Rs 1.66 trn in Q3Total number of microfinance accounts were at 8.91 crore as of December 2018, showing a growth of 24.3 per cent.
- Non-banking finance companies step in to fill the void, lend more to SMEsAn increasing number of non-banking finance companies are ramping up their reach to SMEs to tap the "high-quality borrowers".
- NBFCs step in to fill the void, lend more to SMEsAn increasing number of non-banking finance companies (NBFCs) are ramping up their reach to SMEs to tap the "high-quality borrowers".
- Shriram City net up 13% at Rs 117cr on MSME, retail growthShriram City Union, part of the diversified Shriram Group, today posted a 13.54 per cent rise in net profit at Rs 117.42 crore in the first...
- India Ratings maintains rating watch negative on Dhanlaxmi BankIndia Ratings has maintained Dhanlaxmi Bank Ltd's BBB- long-term Issuer rating and the BBB- rating on its Rs170m subordinated debt on ratin...
- Edelweiss housing aims loan-book size of Rs 6,000 cr by FY15Encashing opportunities in the housing industry, Edelweiss Housing, an arm of financial service provider Edelweiss Group, has set a target ...
- United Bank plans foray into merchant banking,loan syndicationPublic sector lender United Bank of India today said it will foray into merchant banking and loan syndication business.
- Future Capital to grow retail loanbook to Rs 1k-cr by end-FY11Future group company Future Capital Holding is betting big on its retail business and plans to grow its loan-book in the segment to Rs 1,00...
- HDFC expects loan growth of 25 per cent this fiscalFor the first quarter ended June 30, 2010, HDFC posted a 23 per cent jump in its net profit at Rs 694.59 crore compared to Rs 564.92 crore ...
- Andhra Bank says retail loan-book to grow by up to 50%Andhra Bank, today said its retail loan-book would grow by around 45-50 per cent this fiscal.
- Bank stays ahead, more upside seenA 79-basis point improvement in net interest margin (NIM) and 21% growth in advances helped Punjab National Bank (PNB) post a 31% profit gr...
- Syndicate Bank: Asset quality, deposit growth will test bankDue to a 40% year-on-year drop in its other income, Syndicate Bank posted a 19% fall in its profit in March 2010 quarter.
- Corp Bank mulls Rs 3,000-cr through rights issue in H2 FY 11Public sector lender Corporation Bank is mulling a rights issue of around Rs 3,000 crore in H2 FY 11 to boost its loan-book.
- India Infoline to start MF operations in Q1 FY11: ChairmanIndia Infoline to set up Mutual Funds operations in first quarter of FY11, after securing approval from Sebi.
- IndusInd aims to up corp loan-book, CASA, focus on strengthsIndusInd Bank will focus on its core banking operations, expand its corporate loan-book and up its CASA deposits going forward and has put ...
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