Finance news

Finance briefing without questions  Telegraph IndiaThe ministry had invited journalists to the media briefing by senior officials at the National Media Centre.

The nine lenders in separate regulatory filings said that the penalties have been imposed on them for delay in reporting of frauds.

"Based on the 15 per cent of net owned fund (NOF) criterion, the amount available to HFCs having NOF of Rs 50 crore or Rs 200 crore will be inadequate. These small companies cater mostly to informal sector," Aadhar Housing Finance MD and CEO Deo Shankar Tripathi said.

LIC Housing Finance reports 8% rise in Q1 net profit  BusinessLineLIC Housing Finance reported an 8 per cent increase in standalone net profit at ₹611 crore in the first quarter (Q1FY20) against ₹568 crore in the year-ago ...

This is to inform that the RBl in exercise of powers conferred under various sections of the Banking Regulation Act, 1949 has imposed an aggregate penalty of Rs 1.5 crore on the bank for failure to classify and report the account of Kingfisher Airlines Limited as fraud, the state-owned lender said in a regulatory filing.

"RBI observed from the fraud monitoring report-1 submitted by Punjab National Bank on July, 10 2018 that the bank had delayed the reporting of fraud in the account of Kingfisher Airlines Limited," PNB said in a regulatory filing.

Suchitra Finance & Trading Company Ltd - Board Meeting Intimation for Intimation Of Board Meeting For The Quarter Ended 30Th June, 2019  The Hindu BusinessLineSuchitra Finance & Trading Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2019 ,inter ...

Indostar Capital Finance Ltd - Annual General Meeting On August 30 2019  The Hindu BusinessLineDear Sir/ Madam, Pursuant to Regulation 30 and Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure ...

Indostar Capital Finance Ltd - Announcement under Regulation 30 (LODR)-Newspaper Publication  The Hindu BusinessLineDear Sir/ Madam, Please find enclosed the Newspaper clipping of publication made, in terms of Section 108 and Section 91 of the Companies Act, 2013 read ...

Fincare Small Finance Bank Ltd - Compliances-Reg. 50 (1) - Prior intimation for Interest Payment / Redemption  The Hindu BusinessLineDear Sir/Madam, Please find enclose the prior intimation w.r.t. payment of interest and principal for the captioned ISIN and Scrip codes. Kindly take the same on ...

Fincare Small Finance Bank Ltd - Fixes Record Date for Payment of Interest for NCD  The Hindu BusinessLineFincare Small Finance Bank Ltd has informed BSE that the Company has fixed August 14, 2019 as the Record Date for the purpose of Payment of Interest for ...

Upsurge Investment & Finance Ltd. - Book Closure Fixed For AGM  The Hindu BusinessLinePursuant to Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirement), 2015 the Register of Member and Share Transfer Book of the Company ...

Fincare Small Finance Bank Ltd - Compliances-Reg. 60 (2) - Record Date - interest /dividend / redemption /repayment  The Hindu BusinessLineDear Sir/Madam, Please find enclosed the intimation of Record Date for Payment of Interest due for the captioned ISIN and Scrip Code. Regards, Fincare Small ...

Baid Leasing And Finance Co.Ltd. - Board Meeting Intimation for Board Meeting For Intimation Of Quarterly Results On August 13, 2019.  The Hindu BusinessLineBAID LEASING AND FINANCE CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2019 ,inter alia, ...

KKR Real Estate Finance Trust Inc. (KREF) Q2 2019 Earnings Call Transcript  Yahoo FinanceKREF earnings call for the period ending June 30, 2019.

After skipping Finance Minister’s dinner, journalists boycott briefing  National HeraldRelations between the Finance Ministry and journalists covering it has been uneasy after entry restrictions were imposed by the former but it came several ...

Finance ministry takes steps to up credit to key sectors  Economic TimesThe government is now taking steps to boost the economy.

The National Housing Bank (NHB) will infuse an additional Rs 10,000 crore into eligible housing finance companies (HFCs) in its financial year through June 2020 to shore up liquidity and improve flow of funds for affordable housing loans for individuals, the finance ministry said on Friday.

At finance ministry briefing, reporters told to email their questions  Times of IndiaIndia Business News: The finance ministry sent out an invite for a briefing by senior officials of the ministry on Friday. The sudden briefing by the ministry, which ...

State Bank of India (SBI) on Friday reported a net profit of Rs 2,312 crore in the June quarter of FY20, as against a loss of Rs 4,876 crore a year ago, as provisions dropped 52% year-on-year (y-o-y) to Rs 9,183 crore.