NON BANK LENDERS
India’s SWF gets ready to launch non-bank lender
NIIF already counts CPPIB, Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, Temasek, Axis Bank, HDFC Group, ICICI Bank and Kotak Mahindra Life Insurance as investors in the NIIF Master Fund, along with the government of India.
Not enough EV sales yet to build viable finance plan, say lenders
Financiers said electric car sales must show up sufficiently on the dashboa...
Lenders put cash flows of about 500 stressed companies’ under lens
In the last three months, lenders have hired agencies in Gammon, Altico, J...
Axis Bank Q3 results preview: Profit may jump 50%; all eyes on asset quality
In the September quarter, the bank had posted a loss of Rs 112 crore due to Rs 2,138 crore DTA hit.
Lanco lenders hope for some recovery from Anpara Power
Lenders expect to recover at least some of their Rs 45,263 crore dues from Lanco through the sale of this operational plant.
Lenders hope govt steps in to prevent AGR from becoming Voda Idea’s breaking point
The banking sector’s total exposure to the telecom sector is around Rs 1.5 lakh crore.
Axis Bank reports strong loan growth in Q3; key takeaways
Asset quality of the company improved, but slippages and provisions jumped during the quarter.
Lenders hope government steps in to prevent AGR from becoming Voda Idea's breaking point
Banks have no liability to telecom companies linked to the AGR order because these do not form a part of the guarantees they have given. However, any cash outflow due to these payments could severely dent debtheavy service providers such as Vodafone Idea.
RBL Bank Q3 profit slips 69% to Rs 70 crore
Net interest income was up 41 per cent to Rs 922.6 crore during the quarter.
Voda Idea jumps 13% as lenders expect govt intervention in AGR issue
ET NOW reported quoting agencies that Vodafone Idea and Bharti Airtel said to have seeked more time from the Supreme Court for repayment of dues.
Bank of America to hire 50 bankers for Asia dealmaking team in 2020: Sources
Bank of America's (BofA's) Asia headcount expansion comes against the backdrop of a subdued recruitment outlook for the broader investment banking business as global lenders grapple with cost pressures and slowing M&A momentum.
Ujjivan Small Finance Bank Q3 profit doubles to Rs 90 crore
Net interest margin fell to 10.9% compared with 11% in the year ago period.
Sell Axis Bank, price target Rs 695: Manas Jaiswal
The analyst suggested a stoploss at Rs 731.
Uco Bank to on board fintech firms for borrowers' input
The Kolkata-based lender will soon migrate to a new loan origination platform for retail loans, agriculture loans and MSME loans, which taken together contributes 45% share of the bank’s Rs 1.17 lakh crore outstanding loan. The new platform will be API (application programme interface) based and allow fintech companies provide inputs on borrowers.
Axis Bank Q3 results: Profit rises 4.5% to Rs 1,757 crore; asset quality improves YoY
Net interest income (NII) of the bank increased 15 per cent to Rs 6,453 crore on a yearly basis.
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