Month: January 2024

ITC Limited Q3 Earnings Report : ITC Reveals Robust Performance with ₹5,572 Crore Profit and 625% Interim Dividend.
Uncategorized

ITC Limited Q3 Earnings Report : ITC Reveals Robust Performance with ₹5,572 Crore Profit and 625% Interim Dividend.

ITC Limited Q3 Earnings Report : ITC Limited unveiled its financial results for the October-December quarter of the current fiscal year, showcasing a significant increase in profit to ₹5,572 crore. The leading FMCG company also declared an interim dividend of ₹6.25 per share. In comparison to the same quarter last year, the standalone profit of […]

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Personal Loan

Olyv Emerges as the New Face of SmartCoin, Aiming for Accelerated Growth and Expansion.

In a strategic move, SmartCoin Financials, a leading player in India’s digital lending landscape, has undergone a rebranding initiative and emerged as ‘Olyv.’ This transformation encompasses all its products, including credit services and the recently introduced offerings in credit health and digital gold savings. With a seven-year successful stint as SmartCoin, the company achieved remarkable […]

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Uncategorized

Bank of India Commemorates Republic Day with Service Initiatives.

The Zonal Office of Bank of India, a prominent public sector bank located on Oppanakkara Road, Coimbatore, is actively engaged in implementing service schemes across various segments. This initiative reflects the bank’s commitment to contribute to the ongoing economic growth and revival of our nation. Ajey Thakur, Zonal Manager and Deputy General Manager, took part […]

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Private Banks Defy Regulatory Measures, Surge Ahead with Aggressive Expansion in Personal Loan Portfolios Despite RBI's Risk Weight Hike.
Personal Loan

Private Banks Defy Regulatory Measures, Surge Ahead with Aggressive Expansion in Personal Loan Portfolios Despite RBI’s Risk Weight Hike.

Private banks are aggressively expanding their personal loan portfolios, with major players like ICICI Bank, Kotak Mahindra Bank, and Axis Bank experiencing notable growth rates of 37%, 32%, and 28% year-on-year (yoy), respectively. Despite the Reserve Bank of India (RBI) raising risk weights for unsecured loans, private banks have sustained growth in their personal loan […]

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