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NET ZERO NPA
IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...
IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
Muthoot Microfin grew 13% when the industry shrank 20%; CEO explains what's nextMuthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. ...
RBI releases norms for banks holding non financial assetsThe Reserve Bank of India has released new draft rules. Banks can now hold specific non-financial assets only to recover bad loans. These a...
Hudco in talks with global development institutions to raise USD 1 bn by March: CMDHousing and Urban Development Corporation Ltd (Hudco) is in advanced talks with multilateral development banks like ADB and AIIB, as well a...
IIFCL aims to be zero net NPA financial institution during FY25, says MD JaishankarIIFCL, the state-owned infrastructure financing firm, anticipates a loan growth of approximately 18% and targets reducing net non-performin...
Pradip Kumar Das on how navratna status is going to help IREDACMD Pradip Kumar Das elaborates on IREDA's growth strategy, leveraging Navratna status for lower borrowing costs and overseas green bond ex...
Moving towards zero net NPA; will consider universal bank licence after 2-3 years: Utkarsh SFB CEOGovind Singh, MD & CEO of Utkarsh SFB, discusses plans to transition to a universal bank, emphasizing positive quarterly performance, NPA t...
Declaration of dividends by banks: RBI reviews certain norms, eligibility criteriaThe Reserve Bank of India (RBI) has revised its guidelines for the declaration of dividends by banks. The RBI has requested banks to consid...
Why REC is confident of reaching net zero NPA by ‘25, AUM target before 2030:The overdues of generation and transmission companies have come down by almost half, from Rs 1,40,000 crore to Rs 70,000 crore. All curren...
IndusInd Bank plunges 30% on worries over telecom exposureThe bank has an exposure of Rs 3,995 crore to Vodafone Idea which is reeling under debt and statutory dues.
Kotak Bank may report 20% rise in Q1 profit; asset quality to remain stableCASA retention would be a key driver of net interest income (NII) and net interest margin (NIM).
We have become the capacity creator of the country: Satpal Kumar Arora, MD, TFCI"We will be maintaining our portfolio mix of about 75% to 80% with the hospitality industry. The remaining 20% can be in other industries,"...
Should investors be cautious about banking stocks after recent rally?Despite the recent rally, experts are still of the opinion that there’s more in store for the banking sector stocks.
Why hasn't government taken action against loan defaulters: K T S TulsiExpressing concern over rising bad loans of public banks, nominated MP K T S Tulsi today questioned the govt for not taking action against ...
- Future Capital Q3 net rises close to three times to Rs 28.91 cr
Private sector NBFC, Future Capital Holdings on Wednesday reported net profit of Rs 28.91 crore in the third quarter of current financial y...
- Buy Yes Bank: G Chokkalingam
Yes Bank is in a better position to utilise opportunity coming from the deregulation of saving bank down straightaway.
- IIFCL launches infrastructure bonds
State-run Indian Infrastructure Finance Company would mop up around Rs 1,200 crore from tax-saving infrastructure bonds to raise resources.
- Indian Bank net up 25% at Rs 1544 cr in FY10
Indian Bank has reported a 24.87% rise in net profit at Rs 1544.99 crore in the year ending March 31, 2010 against Rs 1245.32 crore in the ...