Page 2 - Micro Units News Today

The Kolkata-based bank has clarified in an exchange filing that the regulator has not initiated a broader audit.

Despite a 244% jump in Q2 net profit, Bandhan Bank emerged as the worst performing private bank stock last month, weighed down by persisting asset quality concerns.

GNPA for Q2FY24 grew by 14.8 percent to Rs 7,874 for the same period in the last fiscal. Net NPA also grew to Rs 2,366 crore, against Rs 1,679 crore in the previous fiscal.

Founded in 2014 by ex-banker Lunia and ex-ISRO scientist Mukul Sachan, Lendingkart has two arms—Lendingkart Finance Ltd and Lendingkart Technologies Pvt Ltd.

The new four-story building on Deer Street will have micro units on the second, third and penthouse levels, and retail space on the ground floor.

Coimbatore: The Tamil Nadu Association of Cottage and Micro Enterprises (TACT) on Tuesday submitted a representation before the Tamil Nadu Electricity.

In the case of NIMs, we have guided for 7% to 7.5% and we have retained 7.3% on this. 44% of the secured portfolio has come from within that part. If we go to 50%, it will not change the guidance. We will continue to retain that 7% to 7.5%, says Bandhan Bank MD & CEO.

The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Shri Narendra Modi with the aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs for inc

The Finance Bill 2023-24 which was passed in Lok Sabha through voice vote on Friday, has as many as 75 amendments, some key ones include a hike in securities transaction tax (STT) on options by 23.5 per cent and futures by 25 per cent.This will ...

The bill was passed without a discussion as parliament continued to remain stalled over demands for a probe into allegations against the Adani group