SBI Card Q1 Outcome: Large soar in web revenue, NPAs decline; inventory jumps 4%

[ad_1] SBI Playing cards and Fee Companies Ltd (SBI Card) on Thursday reported a two-fold rise in web revenue to Rs 627 crore within the first quarter ended June 30, attributable to a decline in delinquencies. The SBI-promoted card issuance firm had reported a web revenue of Rs 305 crore within the April-June quarter of … Read more

Mudra NPAs reasonable in FY22, although nonetheless above pre-Covid ranges

[ad_1] Credit score and Finance for MSMEs: Non-performing property (NPAs) for credit score disbursed by banks and different lending establishments below the Pradhan Mantri Mudra Yojana (PMMY) have barely moderated within the monetary 12 months 2021-22, in line with the federal government knowledge. Indicating reduction from credit score schemes comparable to ECLGS by the federal … Read more