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Among the other key financials during Q2FY22, the company's net interest margin stood at 3 per cent compared to 3.5 per cent in the year-ago period.
Distressed sales in costliest Indian home market lure Sunteck RealtyLand is selling at 20% to 30% discounts in India’s most expensive property market, according to the homebuilder.
from Stocks-Markets-Economic Times https://ift.tt/3o6hjjz
… Read MoreCut in FY21 unsecured loans may ease banks’ Covid painKotak Mahindra Bank said during its earnings call that it has reduced its unsecured portfolio to 5.8% of the loan book in FY21 from 7.5% earlier. Given that the bank had hardly grown its loan book during the year, it meant th… Read MoreRetail auto purchases slip 28% in April on fresh curbs As lockdowns and mobility restrictions made a comeback across the country due to a massive surge in corona cases, the auto industry saw April sales at retail points scale down substantially, slipping by 28% month-on-month wh… Read MoreLenders grow cautious on high-risk unsecured loansPersonal loans in the banking industry grew at a slower pace of 10.2 per cent in the last fiscal year ended March 31, compared with more than 15 per cent the preceding year, RBI data showed. Consumer durable loans were the wo… Read MoreKamal Haasan firm gets ‘not cooperating’ tag from Crisil Crisil has announced a rating of — ‘B+/Stable Issuer not cooperating’ — on the long-term bank facilities of Kamal Haasan (KH), a proprietary firm of the eponymous actor-turned-politician.
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