Credit score prices, gross NPA ratio of inexpensive housing financiers seen going up Credit score prices and gross non-performing belongings ratio of housing finance corporations working within the inexpensive housing phase is predicted to extend within the present monetary 12 months, based on a joint report by business physique Assocham and score company CareEdge. Gross…
Former Kotak Mahindra Financial institution Deputy Managing Director Shanti Ekambaram has been positioned on the prime of pros class of the inaugural 2025 Candere Hurun India Girls Leaders Record. The record, which recognises 97 distinctive Indian ladies leaders throughout 9 classes and 5 key pillars, Wealth, Worth, Philanthropy, Startups, and Tradition, reveals that Monetary Providers…
Shapoorji Pallonji Group nears $3.4 billion file non-public credit score deal Privately-held conglomerate Shapoorji Pallonji Group is aiming to signal a $3.4 billion debt deal as early as Wednesday night, in what could be the nation’s greatest ever non-public credit score deal, in line with individuals accustomed to the matter. A few dozen massive traders,…
Cholamandalam Funding and Finance Firm Ltd, the monetary providers arm of the Murugappa Group, posted a consolidated revenue after tax (PAT) of Rs 1,259.54 crore for the January–March 2025 quarter, marking an 18% enhance from Rs 1,065.23 crore in the identical interval final yr.For the total monetary yr ending March 31, 2025, PAT rose to…
IIFCL New Delhi, State-owned India Infrastructure Finance Firm Ltd (IIFCL) on Monday mentioned it plans to lift about Rs 8,000 crore from borrowing, together with from abroad establishments, through the January-March quarter. “We had deliberate to lift Rs 29,000 crore through the present fiscal to fund enterprise development of 20 per cent. Out of that…
New Delhi, Jan 3 (IANS) The Finance Ministry on Friday launched the revamped ‘Baanknet’ e-auction portal which consolidates info on properties that every one public sector banks are placing up on the market and affords a one-stop vacation spot for patrons and traders to find a variety of belongings. Monetary Companies Secretary M Nagaraju on…
Mumbai: With the altering demographics, speedy urbanisation and adjustments in household construction, early planning for pension by a person is a necessity, senior authorities officers and business leaders stated on Saturday. Nagaraju Maddirala, Secretary, Division of Monetary Providers (DFS), Ministry of Finance, additionally urged advocacy by the newly-formed Affiliation of NPS Intermediaries (ANI) that was…
