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UK Banks No Longer Finance Nation’s Small Oil and Gas Producers
FINANCE & BANKING

UK Banks No Longer Finance Nation’s Small Oil and Gas Producers

Posted on: June 24, 2024June 24, 2024

There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North […]

Bajaj Housing Finance is bankable, but not a bank
FINANCE & BANKING

Bajaj Housing Finance is bankable, but not a bank

Posted on: June 24, 2024June 24, 2024

Earlier this month, Bajaj Housing Finance filed a draft offer document with the capital market regulator to offer shares worth about ₹7,000 crore to the public for the […]

Tweak draft project loan financing norms | Expert Views
FINANCE & BANKING

Tweak draft project loan financing norms | Expert Views

Posted on: June 24, 2024June 24, 2024

7 min read Last Updated : Jun 23 2024 | 5:07 PM IST On May 3, the Reserve Bank of India (RBI) released a draft direction outlining […]

Ujjivan Small Finance Bank Lowers Fiscal 2025 Guidance As Stress Builds Up
FINANCE & BANKING

Ujjivan Small Finance Bank Lowers Fiscal 2025 Guidance As Stress Builds Up

Posted on: June 24, 2024June 24, 2024

“It (previous guidance) was (issued) just five weeks ago. But at this time, we have done a thorough review of our portfolio and have also received data from […]

The multitrillion-dollar threat that could spark another financial crisis
FINANCE & BANKING

The multitrillion-dollar threat that could spark another financial crisis

Posted on: June 24, 2024June 24, 2024

Where for, say, mortgages, the risks of mortgage origination and servicing have been shifting to non-banks, the banks are providing the funding for the non-banks to make or […]

Non-performing bank loans: Finance bill proposes amendments in 7th Schedule
FINANCE & BANKING

Non-performing bank loans: Finance bill proposes amendments in 7th Schedule

Posted on: June 24, 2024June 24, 2024

ISLAMABAD: Finance Bill 2024 has proposed amendments in Seventh Schedule (Banking Schedule) of the Income Tax Ordinance pertaining to the non-performing loans in banking sector. Under the Finance […]

3 reasons why Ujjivan Small Finance Bank shares are falling today; stock price targets
FINANCE & BANKING

3 reasons why Ujjivan Small Finance Bank shares are falling today; stock price targets

Posted on: June 24, 2024June 24, 2024

Ujjivan Small Finance Bank Ltd (Ujjivan SFB) shares plunged 8 per cent in Monday’s trade after the SFB revised its loan book growth guidance downwards to 20 per […]

Ujjivan Small Finance Bank Shares Tumble After Slashing Loan-Growth Guidance
FINANCE & BANKING

Ujjivan Small Finance Bank Shares Tumble After Slashing Loan-Growth Guidance

Posted on: June 24, 2024June 24, 2024

On the NSE, Ujjivan’s stock declined as much as 7.57% during the day to Rs 44.70 apiece, the lowest level since June 5. It was trading 6.66% lower […]

GT Force partners with ESAF Small Finance Bank to simplify E-2W Financing, ET Auto
FINANCE & BANKING

GT Force partners with ESAF Small Finance Bank to simplify E-2W Financing, ET Auto

Posted on: June 24, 2024June 24, 2024

ESAF Small Finance Bank, headquartered in Thrissur, Kerala, is providing banking services and small loans to the underbanked, making it an ideal partner for GT Force in expanding […]

Ujjivan SFB shares plunge over 7.5% after bank revised its loan growth forecast lower
FINANCE & BANKING

Ujjivan SFB shares plunge over 7.5% after bank revised its loan growth forecast lower

Posted on: June 24, 2024June 24, 2024

Shares of Ujjivan Small Finance Bank fell 7.56% in today’s intraday trade, hitting a 3-week low of ₹44.70 apiece after the management reduced the bank’s loan growth guidance […]

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