Muthoot Finance Q4 profit rises 11% for FY19

May 14, 2019

Kochi: Major gold finance company Muthoot FinanceNSE 4.52 % Ltd (MFIN) recorded 11% increase in net profit year-on-year for FY19 at Rs 1972 crore . The loan assets for the year stood at Rs 34246 crore, 18% rise over previous year. The total income grew by 9% to Rs 6881 crore and the gold loan outstanding touched […]

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PNB Housing Finance profit up 51% at ₹380 crore

May 10, 2019

NEW DELHI: PNB Housing Finance Limited said on Thursday its net interest income registered a growth of 13% to ₹609.7 crore in the quarter ending 31 March from ₹540.8 crore in the corresponding period of previous fiscal year. While profit after tax grew by 51% to ₹379.7 crore from ₹251.6 crore. The spread on loans for Q4 FY18-19 stood at 2.59% […]

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Have Finances Played A Part In Scuppering Atletico Madrid’s Bid For Glory?

May 6, 2019

Atletico Madrid have spent heavily in order to accrue silverware and deliver sustained success, but now it appears a player exodus could be on the cards. (AP Photo/Manu Fernandez) Atletico Madrid coach, Diego Simeone, admitted in the week leading up to Barcelona’s La Liga title win that his club were, realistically, waiting for the Blaugrana or […]

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Shares of Reliance Capital, Reliance Home Finance fall on ICRA downgrade, stake sale report

April 30, 2019

Shares of Reliance Capital fell over 11 percent on Tuesday after the rating agency ICRA has revised its ratings for Anil Ambani-led Reliance Capital and its subsidiaries from A2 to A4 with negative implications. At 11:40 am, Reliance Capital was trading at Rs 133.7 per share, down 8 percent on BSE, while Reliance Home Finance […]

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Aye Finance launches its not for profit company for advancement of micro enterprises

April 20, 2019

NEW DELHI: After successfully enabling the financial inclusion of over 1,00,000 micro enterprises, Aye Finance is launching its not for profit Company FAME (Foundation for Advancement of Micro Enterprises), under which it will run its CSR interventions. Social good is a core value at Aye and has been an inherent part of the impact the lender is making in the micro […]

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4 key ways countries can finance their SDG ambitions

April 12, 2019

A new global framework for financing sustainable development was established in 2015. Every country on earth signed up to the Global Goals, having recognized the critical importance of attracting private capital to finance those goals under the Addis Ababa Action Agenda. Over the past four years, the development finance community has made significant progress: a number of […]

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New Goa Chief Minister Allots Portfolios; Retains Home, Finance

March 23, 2019

All the Goa ministers will retain portfolios hey held under Manohar Parrikar. PANAJI:  Goa Chief Minister Pramod Sawant retained home, finance and all other portfolios held by his predecessor Manohar Parrikar as he allotted departments to his Cabinet colleagues, three days after taking charge on Friday. Mr Sawant, who has two deputies, distributed portfolios to […]

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15 Kg Gold Robbed From Finance Company Firm In Meerut

March 3, 2019

Police are trying to locate the criminals. (Representational) MEERUT:  Unidentified, armed criminals stormed into a branch of the Manappuram Finance Company here on Thursday and fled with 15 kg of gold bars, biscuits, and coins after threatening the employees there, police said. The gold is estimated to be worth Rs. 5 crore. Senior police officials, including Inspector […]

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Pulwama Attack Highlights: Bodies Of Soldiers Flown To Delhi

February 18, 2019

The bodies of soldiers killed in Pulwama terror attack were flown to Delhi’s Palam Airport New Delhi/Srinagar:  The bodies of 40 soldiers  of the CRPF, killed in a terror attack in Jammu and Kashmir’s Pulwama district on Thursday  have been brought to Delhi. Condemning the attack, Prime Minister Narendra Modi had said those behind the […]

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Arun Jaitley Back As Finance Minister, Attends Meet On Pulwama Attack

February 18, 2019

Arun Jaitley will attend a security meeting on the Pulwama attack today New Delhi: Arun Jaitley, who had passed on the charge of the Finance Ministry while receiving medical treatment in US, has resumed office. He will attend a meeting of the Cabinet Committee on Security today to discuss the terror attack in Jammu and […]

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