Net NPA declined from Rs 6,799 crore to Rs 4,291 crore. - Provision Coverage Ratio (PCR) is now at 96.82 per cent, showing the bank has kept enough reserves to cover bad loans. Strong Push in ...

According to a Crisil report, the draft focuses on loan to value (LTV) and renewal/top-up of bullet loans which may have a bearing on the loan growth of non-banking financial companies (NBFCs ...

Moreover, if LTV is breached for a continuous 30 days, the lender has to make an additional one per cent standard asset provisioning ... prospects of gold-loan NBFCs as they will have to ...

While this provisioning requirement is higher than current norms, Crisil does not anticipate a major hit to NBFCs’ profitability, due to their strong pre-provisioning buffers. In a further ...

MUMBAI: The recent draft RBI directions on loans against gold collateral are set to hit the asset growth of pure-play gold loan companies. The directions are aimed at harmonizing the regulatory ...

NBFCs may also look at periodic interest collection from their customers to manage LTVs, it said, adding that these entities may decide to focus on EMI-based products, Bhotika said. On the other hand, ...

Former Gauteng Hawks boss Shadrack Sibiya has expressed disappointment in the National Prosecuting Authority (NPA) after charges against him were provisionally withdrawn, saying he was hoping for a ...

100 crore AUM by the end of FY 2024-25, primarily driven by strategic partnerships with other NBFCs. Additionally, the company has maintained strong asset quality, with Net NPA levels recorded at ...

100 crore AUM by the end of FY 2024-25, primarily driven by strategic partnerships with other NBFCs. Additionally, the company has maintained strong asset quality, with Net NPA levels recorded at: The ...