
SBFC Finance makes strong debut; surges 66% post listing
The share price of SBFC Finance listed at ₹82 on the NSE, a premium of 43.8% against the IPO price of ₹57 apiece.
The share price of SBFC Finance listed at ₹82 on the NSE, a premium of 43.8% against the IPO price of ₹57 apiece.
Heavy concentration of retail loans is adding risk to bank books. It's time to move with caution.
The billionaire banker is known for his conservatism, a strategy that has worked very well for Kotak Mahindra Bank.
Bank reports bumper profits as single-minded focus on customer acquisition pays off.
NPAs fall drastically despite credit to commercial sector and government rising 63% and 52%, respectively.
The modifications included reduction in guarantee fees for loans upto ₹1 crore by 50% to the level of 0.37% per annum only.
Peel Financial not only provides the best financing solutions available in the market, they can also help you source the best equipment at the most competitive price
Domestic banks may become the main source of funding for the group, resulting in increases in banks' exposures to Adani, says Moody's.
Retail credit is expected to grow the fastest at 17-19%.
Credit for retail loans rose by 7.9% in August compared with 1.6% reported during the year-ago period, says CareEdge.