The bank is exploring acquisitions in the microfinance sector as part of its plan to focus on higher-yielding products
In a detailed interview, Yes Bank CEO outlined the path ahead for the bank including building a microfinance business and the corrective actions taken so far.
The bank has around 11 percent of its funds placed in the RIDF, which works out to be around Rs 44,000 crore, Kumar added.
Mumbai, Feb 6 The National Bank for Agriculture and Rural Development (Nabard) on Saturday said it has sanctioned Rs 30,200 crore and disbursed Rs ..
The fund, alloted in August, would be used for 158 minor irrigation projects and 23 flood protection projects, NABARD said in a statement on Tuesday.
To attract investors for the expansion and modernisation of rail infrastructure, Railways is setting up a Rs 30,000 crore fund, first-of-its-kind for the national transporter, for implementation of remunerative projects across the country.
Keeping in view the various developments over the years, government has merged the FIF and FITF to form a single FIF and the RBI has finalised the new scope of activities and guidelines for utilisation of the new FIF.
The project would help people to get safe drinking water and protection from fluorosis due to contamination of fluoride in ground water, the release added.
In an interview to CNBC-TV18, Jain said his company has a 50 percent share in drip irrigation and he sees huge potential in this segment in the coming days.
Angel Broking has come out with its report on Repco Home Finance (RHFL) IPO. According to the research firm, keeping in mind RHFL's attractive niche loan segment, strong growth prospects and reasonable valuations, one can subscribe to the issue at the upper band.