Bandhan is now the country`s biggest microfinance company with operations spreading across West Bengal and 18 other states. It is growing at 25-35% every year and its outstanding loans stood at Rs 6,160 crore at the end of March. "Getting in-principle approval for a bank licence is a recognition
1.57 PM Apr 4th
Readymade Steel India has board meeting held on March 28, 2014, have allotted 6,00,000 Equity Shares of Rs. 10/- each at the price of Rs. 200/- per share fully paid to the Investor who is Non Promoter namely M/s. BEC Infra Pvt. Ltd. on a preferential basis, on conversion of outstanding loan
5.39 PM Mar 28th
Source:BBC - Shares in various Chinese property firms have fallen after media reports that Chinese developer Zhejiang Xingrun Real Estate cannot repay close to $400m of outstanding loans. Shanghai-listed Poly Real Estate Group saw its shares slump by 3%, while shares in Shenzhen-listed China Vanke
5.41 PM Mar 18th
firstly company will arrange low cost funds from outside India and repay all the outstanding loans. this will boost the bottom line and substantials profits will come from June,14 onwards. The funds are being arranmged thru Dystar only on the basis os valuations.
7.19 PM Mar 10th
HDFC Securities Ltd’s institutional research expects REC’s gross non-performing assets (GNPAs) as a percentage of total outstanding loans to rise to 1% next fiscal year and 2% a year after that (2015-16). The ratio stood at 0.3% in the December quarter. Tata Securities Ltd is forecasting even
12.07 PM Feb 28th
SKS Microfinance Limited (SKS) is a micro finance institution (MFI). SKS is a non-deposit accepting non-banking financial company (NBFC-ND) engaged in providing microfinance services to women in the rural areas of India. It classifies Members with outstanding loans as its Borrowers. As of March
5.30 PM Feb 22nd
Interesting to note that the total outstanding loan under NPA owed to public sector banks stood at Rs 236 lakh crores or Rs 2,36,000 Crores and the amount Tata steel has as debt is Rs 65174 Cr that is putting all debt in place Tata steel owes 25% as much as India Inc owes collectively to PSU banks
5.43 PM Feb 10th
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