If you love working with numbers, chances are that you might have thought of embarking on a career in finance. Beyond the financial career options you might be already aware of – accountant, banker, stockbroker or financial advisor – what are the other emerging finance careers that can help you build a strong future-proof career? Here’s a… Continue reading If numbers don’t scare you, consider these emerging roles in finance
Category: Finance
Finance Minister Sitharaman urges regional rural banks to boost digital banking
One of the key points emphasised by FM Sitharaman was the need to improve the Current and Savings Account (CASA) Ratio of RRBs. She highlighted that although the CD Ratio, Gross NPAs, and Provision Coverage Ratio (PCR) of RRBs in the Southern region were already better than the national average, enhancing CASA Ratio would bolster… Continue reading Finance Minister Sitharaman urges regional rural banks to boost digital banking
Maruti Suzuki Finance enables 1 million customers with loans worth Rs 64,000 crore through its finance partners
Since its inception in 2020, collaborating with its finance partners, MSSF has enabled hassle-free loans worth over Rs 64,000 crore to customers across NEXA and Arena channels. MSSF is a cutting-edge AI-driven, end-to-end digitised platform that facilitates and enables customers to avail car finance in a convenient and transparent way. Shashank Srivastava, Senior Executive Officer,… Continue reading Maruti Suzuki Finance enables 1 million customers with loans worth Rs 64,000 crore through its finance partners
TORK Motors partners with HDFC Bank to offer easy finance options – ET Auto
The partnership is to offer tailor-made finance solutions to suit the needs of TORK Motors’ customers, making the KRATOS-R more accessible to new buyers with affordable EMIs of as low as INR 4,999. As a part of the agreement, HDFC Bank representatives will soon be available at TORK Motors experience centres to assist customers. Kapil Shelke, Founder… Continue reading TORK Motors partners with HDFC Bank to offer easy finance options – ET Auto
LIC Housing Finance stock rallies 5% after Q1 net profit jumps 43%
Shares of LIC Housing Finance jumped nearly 5 percent in early trade on August 4 after the company reported strong earnings for the June quarter. At 9:41am, the stock was trading 3.32 percent up at Rs 411.20 on the NSE. LIC Housing Finance reported a 43 percent surge in the standalone net profit to Rs 1,324 crore… Continue reading LIC Housing Finance stock rallies 5% after Q1 net profit jumps 43%
Fusion Micro Finance Q1 Results: PAT shoots up 60% YoY to Rs 121 crore
Fusion Micro Finance reported a 60% year-on-year rise in net profit at Rs 121 crore for the June quarter, buoyed by business expansion and asset quality improvement. Net interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year-ago period. Total income rose 53.4% at Rs 553 crore. Pre-provision operating… Continue reading Fusion Micro Finance Q1 Results: PAT shoots up 60% YoY to Rs 121 crore
SBFC Finance Collects Rs 304 Crore From Anchor Investors
Abu Dhabi Investment Authority, Carmignac Portfolio, Loomis Sayles, Neuberger Berman, Amansa Holdings, Malabar India Fund Ltd and Steadview Capital Master Fund Ltd are among the anchor investors Non-banking finance company SBFC Finance Ltd on Wednesday said it has raised a little over Rs 304 crore from anchor investors ahead of its initial share sale. The company… Continue reading SBFC Finance Collects Rs 304 Crore From Anchor Investors