Disbursement

NaBFID to complete Rs 60,000 crore disbursements in FY24: MD Rajkiran Rai G

Going ahead, Rai expect Rs 75,000 crore sanctions in rest of the years.

Poonawalla Fincorp registers highest-ever disbursement of Rs 6,370 crore in March 2023 qtr

Its assets under management (AUM) increased by 37 per cent year-on-year and 16 per cent quarter-on-quarter to about Rs 16,120 crore at March-end 2023, despite a sharp reduction in the discontinued loan book, the company said in a regulatory filing.

Disbursement of $4.5 billion in U.S. aid for Ukraine to begin in coming weeks, Janet Yellen says

The funds, which were approved in September as part of the stop-gap government funding bill, were aimed at "bolstering economic stability and supporting core government services," Yellen said in a statement, adding that other donors should increase and accelerate their assistance to Ukraine as it defends against Russia's invasion.

Pickup in disbursements, improving collection efficiencies to help securitisation volumes: ICRA

Monthly collection efficiency across asset classes improved materially from the lows of May 2021 and the incremental slippages declined across asset classes, Icra said.

Aim to grow market share; see disbursement growth more from rural: L&T Fin Holding

We expect the rural sector to continue to do well and hence we continue to gain market share, said Dinanath Dubhashi, MD & CEO, L&T Finance Holding.

See healthy pickup in equipment financing: SREI Infra

Financing firm SREI Infra sees a healthy growth in disbursements to construction sector, construction and mining equipment business and irrigation projects with increased focus of government on infrastructure outlay in Budget.

Old note deposits slowing down in last 2-3 days: SBI

The number of transactions and amount deposited in banks following demonetisation is on a downward trajectory, says Rajnish Kumar, MD of SBI. He believes the overall deposits could not have yet touched the highly-speculated Rs 11 lakh crore figure.

We expect a growth of 15-16% this year: SE Investments

Speaking to CNBC-TV18, Sunil Agarwal, Managing Director of SE Investments, said that the disbursement growth was at 9 percent on a year-on-year basis. It expects a growth of 15-16 percent this year. Asset quality remained stagnant.

Target disbursement growth of 12-14% in FY17: SE Investments

"Q1 had gone very well, we are looking at 30-32 percent profit after tax (PAT) growth on year-on-year (Y-o-Y) basis in FY17", Sunil Agarwal, MD, SE Investments told CNBC-TV18.

On track to achieve FY17 disbursement, profit target: Bharat Fin

In an interview with CNBC-TV18, MR Rao, MD and CEO of the company said that loan repayments have been strong, with or without monsoon and proves to be no major issue for the company.

Gross NPA at 0.58%, asset quality under pressure: GRUH Fin

Managing Director of GRUH Sudhin Choksey says the company‘s gross non-performing assets (NPA) rose to 0.58 percent and its asset quality is under pressure.

Targeting 20% growth in disbursement: Indiabulls Hsg Fin

Gagan Banga, vice chairman and managing director, Indiabulls Housing Finance says the company will continue to focus on opening branches in cities they are already present.

Eyeing takeover assets looking for refinance: Tourism Fin

The company is targeting FY16 sanctions at around 25 percent and disbursement at 40 percent, said SK Sangar, MD, Tourism Finance Corporation.

Profitability to improve in Q3; rise in NPA unlikely: SREI

For the first half of the financial year, infrastructure sector saw strain and slowdown, so the company was careful with fresh disbursements, saysHemant Kanoria, CMD, SREI Infrastructure Finance.

Will rejig crop loans of drought affected areas: Maha CM

Maharashtra chief minister Prithviraj Chavan on Monday said that crop loans in the 15 drought-affected districts in the state would be restructured. "As per the existing crop loan scheme, there is zero percent interest for loans of upto Rs 1 lakh and 2 percent for loans upto Rs 3 lakh, provided that repayment is made in the stipulated period.