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TEPID LOAN COLLECTIONS
SBI Q2 net up 52%, chief says retail will be growth leverBank’s net interest income up 15%; Gross non-performing loan ratio falls to 5.28%05 Nov, 2020, 07.47 AM IST- IIFL Finance Q2 Results: Profit jumps over two-fold to Rs 212 crore“Growth momentum is improving, the sentiment is returning, collection efficiencies are robust, month on month we have seen business growth,...04 Nov, 2020, 08.23 AM IST
- IndusInd Bank ‘cautiously optimistic’ on growth even as Q2 net halvesProfit hit by slow loan growth, higher provisions to cover for Covid fallout.31 Oct, 2020, 10.20 AM IST
- Axis Bank Q2 preview: Profit seen in excess of Rs 1,700 crore; fall in QoQ provisions likelyThe private lender is seen reporting 15-17 per cent growth year-on-year (YoY) in net interest income (NII) and around 3.4 per cent in net i...27 Oct, 2020, 08.42 PM IST
- L&T Finance Q2 results: Net profit rises 52% to Rs 265 croreIt recorded its best ever monthly disbursements in the rural business and a strong pick up in infrastructure disbursements.22 Oct, 2020, 08.17 PM IST
- Non-bank lenders could see decelerating AUM growth in Q2Analysts said they will be keenly watching out for commentary on collection efficiency, performance of stage 1 and 2 asset pools and likely...20 Oct, 2020, 08.14 AM IST
- Street’s tracking asset quality & more in banks’ Q2 performanceAnalysts are seeking trend-defining answers in banking collections, fresh disbursals, quantum of provisions, progress on the restructuring ...12 Oct, 2020, 07.30 AM IST
- Will continue to accelerate provisions to strengthen balance sheet: Bajaj FinanceThe company had made additional provisioning of Rs 1,450 crore in Q1, taking the contingent credit loss provision due to Covid to Rs 2,350 ...06 Oct, 2020, 06.30 PM IST
- SBI Card tops IPO price after Q1 numbers beat Street estimatesThe company on Monday posted a 13.8 per cent year-on-year rise in net profit at 393.3 crore for the quarter ended June, while total revenue...23 Jul, 2020, 07.16 AM IST
- Banks and NBFCs report mixed Q1 performancePrivate lender Bandhan Bank reported healthy loan and deposit growth for the June quarter.06 Jul, 2020, 08.47 PM IST
- IRB Infra raises Rs 6,600 crore loan from SBI and Union Bank of India in the largest debt tie-up for a single projectThe loan would be of a nine-year tenor at 8-8.5%, deemed to be finely priced taking into account the economic uncertainties. Out of the Rs ...17 Jun, 2020, 11.36 PM IST
- Around $8.7 billion Mumbai region’s realty loans severely stressed, double of NCR, reportThe NCR real estate market has so far received total loans worth $23 billion from banks and non-banking finance companies (NBFCs) and housi...23 Dec, 2019, 09.55 AM IST
- Air India, Bharat Petroleum Corporation to be sold by March: FM Nirmala SitharamanSitharaman says the strategic sale of Air India and BPCL will be wrapped up by March17 Nov, 2019, 11.02 AM IST
- NPA-laden state-run banks crimp advance tax mop-up at 10.6%Unsatisfied with the collection, the Income Tax department has asked its officials to keep a close vigil on the forthcoming quarterly resul...19 Sep, 2017, 06.01 PM IST
- NBFCs could report best Q1 performance in many yearsAlthough the first quarter of a financial year is tepid, analysts expect it to be better than most years'.17 Jul, 2017, 08.26 AM IST
- Banks have turned risk averse after facing steady rise in bad loans: RBIBanks have turned risk averse after facing steady rise in bad loans, Reserve Bank of India said.30 Oct, 2012, 03.21 AM IST
- Public issues make strong comebackDespite the tepid response from retail investors to the mega NTPC follow-on public offer (FPO) in February, resources raised by companies f...08 Mar, 2010, 01.15 AM IST
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