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Sundaram Finance records 59 5% jump to Rs 209 cr in Q4 profit after tax

: Non-Banking Finance Company Sundaram Finance Ltd has reported a 59.5 per cent jump on its fourth quarter Profit After Tax at Rs 209 crore. Sundaram Finance had registered consolidated PAT at Rs 131 crore during corresponding the quarter last year. For the year ending March 2021, the company registered a profit after tax at Rs 809 crore compared to Rs 724 crore in the same period last year. Excluding the one-time gain of Rs 53 crore (on sale of equity shares in Sundaram Finance Holdings Ltd) in FY20, net profit grew by 21 per cent on a like to like basis , the city based company said in a statement on Friday.

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रिचार्जरले बजार मूल्यभन्दा सस्तोमा अक्सिजन कन्सन्ट्रेटर र अक्सिमिटर उपलब्ध गराउने

रिचार्जरले बजार मूल्यभन्दा सस्तोमा अक्सिजन कन्सन्ट्रेटर र अक्सिमिटर उपलब्ध गराउने
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Agile Finserv: Steering empowerment of the finance sector

Agile Finserv: Steering empowerment of the finance sector - Agile Finserv offers quick, hassle-free engagement with customers to understand their needs, followed up with innovative financial solutions.

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City Union Bank, Tamilnad Mercantile Bank and Two Other Lenders Penalised by RBI

City Union Bank, Tamilnad Mercantile Bank and Two Other Lenders Penalised by RBI Moneylife Digital Team 0 The Reserve Bank of India (RBI) has imposed monetary penalty on City Union Bank Ltd, Tamilnad Mercantile Bank and two other lenders for contravention of certain directions issued by the banking regulator. A penalty of Rs1 crore has been imposed on City Union Bank for contravention of and on-compliance with certain provisions contained in the RBI (Lending to Micro, Small & Medium Enterprises (MSME) Sector) Directions, 2017 and the circulars on educational loan scheme and credit flow to agriculture – agricultural loans – waiver of margin and security requirements.

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RBI slaps penalty on City Union Bank, 3 other lenders, here s why | Economy News

RBI slaps penalty on City Union Bank, 3 other lenders, here s why | Economy News
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