Search result for 'asset growth'

RBI's draft guidelines on gold loans are expected to impact the asset growth of NBFCs, with stricter LTV requirements and loan renewal processes. The move aims to address irregular lending...

RBL Bank's Q4 profit plunged 76% due to losses in unsecured lending, mainly microfinance and credit cards. The bank's net interest margin also contracted.

Icra forecasts an increase in SFB NPAs and a slower loan growth rate in FY25, citing concerns in the microfinance sector. Asset growth is expected to slow to 18-20%, down from 24% in FY24.

NBFC-MFIs asset growth is expected to moderate to 5% in FY25 due to stricter lending norms, according to Icra. The report highlights challenges from borrower over-leveraging, socio-political...

RBI regulations and asset quality concerns will limit NBFC asset growth to 15-17% in FY25-26, according to Crisil. This follows a 23% growth in FY24. Unsecured loans and microfinance segments are...

RBL Bank's Q2 net profit declined 24% due to asset quality challenges from credit cards and microfinance. The bank expects stress on the credit card book to subside by the end of Q3, but challenges...

L&T Finance reported a 17% rise in Q2 net profit to Rs 696 crore, but expects challenges in the next six months due to sectoral headwinds and a volatile macro environment.

Crisil Ratings forecasts a moderation in loan growth for Small Finance Banks (SFBs) to 25-27% in FY25, driven by factors like segmental and geographical expansion. The report also highlights the...

Icra Ratings forecasts a slowdown in NBFC asset growth in FY25, with NPAs expected to rise due to factors including regulatory measures and concerns over unsecured and top-up loans. The sector...

LIC Housing Finance aims to accelerate loan growth to 10-12% in FY25, focusing on affordable housing. The company also plans to increase its loan book to Rs 75,000 crore and maintain a net interest...

Exim Bank reports a 62% surge in FY24 profit, driven by improved asset quality. The bank's $450 million exposure to the Maldives is performing well despite political tensions.

India's unique demographics fuel the growth of low-cost carriers (LCCs), with experts predicting a surge in demand for both wide and narrow-body aircraft. Learn more about the LCC boom in India.

Computer Age Management Services (CAMS) reported a 21% rise in net profit to Rs 89.29 crore for the December 2023 quarter, driven by strong revenue growth and a robust mutual funds market.

Federal Bank's consolidated net profit jumped 23% to Rs 1,035 cr in Q3 FY24, driven by lower provisions and higher non-interest income. Read more.

India's mutual fund industry saw a significant Rs 9 lakh crore surge in assets in 2023, driven by strong markets, stable interest rates, and robust economic growth. Experts predict continued...

CRISIL forecasts NBFC asset growth to slow to 16-18% in FY24 due to regulatory measures on unsecured retail loans. Read more about the impact on NBFCs.