Sep 28, 2021 09:07 PM IST
The non-banking financial company said enabling credit access to rural and semi-urban population helped it reach the Rs 100-crore loan book by way of deployment of core lending solutions aided with mobility.
- Mar 19, 2018 11:42 AM IST
Loan growth for the company has always been regulated, well-planned and not aggressive, said Sanjaya Gupta, MD, PNB Housing Finance .
- Mar 10, 2017 10:26 AM IST
Capital First expects to grow by 25 percent over the next 4-5 years and promoters are not looking to offload their stake in the company as they believe in the long-term story, says V Vaidyanathan, Executive Chairman of Capital First.
- Mar 05, 2017 12:18 PM IST
Cetrum Home Finance, the Centrum group's housing finance arm that was launched last month, plans to have a loan book of Rs 250 crore by the end of the first year of operations.
- Dec 23, 2016 12:01 PM IST
Recoveries of non-performing assets (NPAs) have not been as fast as in October, post demonetisation, said Kamakodi. Net interest margins also could be impacted, said N Kamakodi, MD & CEO, City Union Bank.
- Nov 02, 2016 02:46 PM IST
The bank is well diversified in its portfolio, which has helped mitigate risks, said Vishwavir Ahuja, MD & CEO of RBL. Alongwith that the bank has tried avoiding lending to risker assets like infrastructure in last 3-4 years.
- Nov 01, 2016 01:13 PM IST
Rao says Bharat Financial will disburse an additional Rs 8,200 crore in the second half of current fiscal.
- Jul 29, 2016 06:54 PM IST
Microfinance company Ujjivan Financial Services reported a 102.51 per cent jump in net
profit at Rs 71.37 crore for the June quarter, driven by growing business and reduction in cost of finance.
- Jul 01, 2016 09:02 AM IST
Company plans to grow the loan book in FY17 to around Rs 5000 crore from the current Rs 3270 crore, said HP Singh, CMD, Satin Credit.
- May 02, 2016 03:32 PM IST
No negative surprises from the results and the loan book to grow by 15-16 percent in FY17, Deven Choksey, MD at KRChoksey.
- Apr 22, 2016 01:10 PM IST
During the quarter, its NII or difference between interest earned and interest expended grew 24 percent at Rs 7453.3 crore from Rs 6013.2 crore in year-ago period.
- Apr 19, 2016 12:48 PM IST
According to Nomura, LIC Housing Finance may face earnings cut by the street due to slowdown in core mortgage portfolio. It adds that slowdown in mortgage book is driven both by slower disbursement growth and higher prepayment rates continuing in the past.
- Apr 18, 2016 10:20 AM IST
The growth momentum of the bank will continue to be supported by stable asset quality and branch expansions, said Murali M Natrajan, MD & CEO, DCB Bank, in an interview to CNBC-TV18.
- Jan 14, 2016 06:32 PM IST
ED Rajiv Sabharwal told reporters in a concall that the bank has always been serving the tier 2 and 3 towns, but there have been concerted efforts on these markets in the past three years which has paid off so well for the lender that smaller centres now account for 30% of the home loan book
- Jan 12, 2016 10:10 PM IST
In Apocalypse Now, a report by Macquarie Research, the brokerage firm says that several potentially non-performing accounts are being hidden behind the screen of statutory debt restructuring (SDR) and 5/25 refinancing.
- Dec 29, 2015 12:11 PM IST
The net interest margin has been maintained at an average range of 3.4-3.6 percent for nearly the past decade, and the bank will focus on maintaining it, says N Kamakodi, CMD & CEO at City Union Bank.
- Sep 21, 2015 09:15 PM IST
The new bank plans to start operations with an initial loan book of around Rs 55,000 crore and with 20 branches.
- Sep 01, 2015 08:57 AM IST
SBI, MD - corporate banking, P Pradeep Kumar says, it has been continuously reviewing base rates and lowering deposit rates since August or September last year. "A further cut will depend on SBI's cost of funds, composition of asset portfolio, etc."
- Jul 21, 2015 01:07 PM IST
From the management commentary, Vaibhav Agrawal, VP-Research-Banking, Angel Broking expects a broader outlook in terms of growth and performance of loan book.
- Jun 17, 2015 05:20 PM IST
R Varadarajan, MD, Repco Home Finance expects his loan book to grow above the current rate of 25-30 percent. 80 percent of the company‘s loan book is under affordable housing.
- Jan 30, 2015 01:20 PM IST
Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.
- Jan 30, 2015 12:59 PM IST
Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken up to 50 percent and 60 percent of loans.
- Jan 29, 2015 03:01 PM IST
The company reported a consolidated net profit of Rs 112.3 crore which was up 2.6 percent versus Rs 109.5 crore quarter-on-quarter (Q-o-Q) for the third quarter ended December 2014
- Dec 30, 2014 10:45 AM IST
Basant Maheshwari, founder of The Equity Desk prefers Hawkins when compared to Prestige on the grounds that it is more focused on high return on equity or RoE. He believes Repco Home Finance will be the next multibagger.
- Nov 10, 2014 12:04 PM IST
The Warburg Pincus-backed Capital First Ltd, a non-banking finance company, which is largely into financing Micro, Small and Medium Enterprises (MSMEs), says MSMEs is a largely under-penetrated area.