Tag: NPA

Towards Secured Lending

Founded by Ebenezer Daniel in 2014 and backed by Ashvin Chadha, former investment banker at Morgan Stanley, Orange Retail Finance serves semi-urban and rural...

Banking Rejig

The Indian banking sector has undergone unfathomable change in the past few years. Conceived as a development financial institution in1964, Industrial Development Bank of...

Strong Structural Demand

What has changed after your re-branding? The transition to Muthoot Mcred Ltd (formerly Muthoottu Mini Financiers Ltd.) represents much more than a name change. It...

Canara Bank to extend Rs 20,000 crore under credit scheme

“We have already identified accounts where our exposure is Rs 90,000 crore and we will be extending about Rs 18,000-20,000 crore,” he said in...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

GROWTH WITH DIGITAL FOCUS

PUBLIC SECTOR LENDER Indian Bank plans to main­tain its tech investment pace with an IT spend of around Rs 1500 crore in FY26, matching...

IOB reports record net profit in Q1

IOB delivered its best-ever quarterly net profit, sustained strong growth in the retail and agriculture segments, significantly improved asset quality, and maintained a robust...

Less-known local area banks

One bank per state would be the norm. The winds of change will blow away the remaining local area banks. In India, three local area...

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The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...