Tag Archives: cr

Ujjivan Small Finance Bank Q1 net jumps two-fold to Rs 94 cr

Ujjivan Small Finance Bank (SFB) on Friday reported more than two-fold jump in its net profit at Rs 94.4 crore in the first quarter ended June 2019, helped by healthy growth in advances and improvement on stressed assets front. The bank had posted a net profit of Rs 46.10 crore during the corresponding April-June quarter of the previous fiscal ended March ... Read More »

Piramal Housing Finance to raise Rs 400 cr via Commercial Paper

Ajay Piramal, chairman, Piramal Enterprises Piramal Housing Finance, which began operations last month, will lift its first market borrowings through Rs 400-crore commercial paper, a short-term money market instrument.   Rating agency ICRA has assigned ‘A1+’ rating to the housing finance company’s commercial paper.   ICRA said the company enjoys operational synergies with its parent Piramal Finance Ltd, thanks to PFL’s experience in real estate lending and the large ... Read More »