[ad_1] Yes Bank on Saturday, January 25, reported robust third-quarter earnings for FY25, posting a net profit of ₹612.3 crore for the period, significantly exceeding the CNBC-TV18 poll estimate of ₹538.9 crore. It marks a substantial year-on-year increase in profitability, with the private sector lender’s net profit up by over 165% compared to ₹231.5 crore […]
Credit card bill payments via BBPS— what are the benefits for banks and customers – CNBC TV18
[ad_1] In today’s fast-evolving digital payments landscape, ensuring a seamless, secure, and efficient process for bill payments has become crucial for both consumers and financial institutions. With the rapid growth of unsecured lending, particularly in personal loans and credit cards, managing risks in this sector has become even more important. Index Fund Corner Sponsored Scheme […]
Ujjivan Small Finance Bank shows strong deposit growth, modest loan book expansion in Q3 update – CNBC TV18
[ad_1] Ujjivan Small Finance Bank (USFB) on Saturday, January 4, 2025, announced its third-quarter business update for the period ending October-December for the financial year 2024-25. The bank reported double-digit growth in deposits and a steady increase in its loan book, although disbursements saw a slight decline compared to last year. Company Value Change %Change […]
NPAs in P2P lending soar 146% in FY24: Capitalmind Financial – CNBC TV18
[ad_1] India’s peer-to-peer (P2P) lending industry is grappling with soaring non-performing assets (NPAs), according to a study by Capitalmind Financial Services. NPAs reached ₹1,163 crore in FY24, marking a 146% rise from ₹472.1 crore in FY23. Company Value Change %Change The study revealed that NPAs, which were a modest ₹19 crore in FY19, have surged […]