Latest Updates Around The World
Non-banking major Piramal Finance is open to inorganic growth opportunities in micro, gold, MSME and affordable housing loan segments to achieve its target of ₹1.5 lakh crore assets under management (AUM) by FY28, MD & CEO Jairam Sridharan said. While most of the growth will be organic, about 10 percent of the growth could come […]
PNB Housing Finance’s total retail loan portfolio stood at ₹79,439 crore at the end of September, up 17 per cent year-on-year (yoy), with prime loans accounting for the largest share at ₹48,914 crore | Photo credit: cueapi Mortgage giant PNB Housing Finance is eyeing growth in the higher-yield affordable housing and emerging market lending segments […]
The report emphasized that four of the top six Indian banks achieved a decrease in the net result in the tax first quarter ending on 30 June. Various Indian banks expect their net interest rate margins (NIMS) to improve in the second half of the current financial year after reporting a weak performance in the […]
The report emphasized Gedempte Growth in Netto Interest income (NII) in the banking sector due to a weak expansion of credit. | Photocredit: Venkatachalapathy C The Indian banking sector witnesses a steady pick -up in the deposit growth, but banks will probably report a decrease in their net interest rate margins (NIM) in the first […]
