Capital Small Finance Bank plans 220 branch network in North India by FY 2021

Founded in 2000 as Capital Local Area Bank, it operated in the three districts of Jalandhar, Kapurthala and Hoshiarpur till 2013, before venturing into Ludhiana and Amritsar. Photo: Bloomberg Mumbai: Jalandhar-based Capital Small Finance Bank is planning to expand across North India, as the country’s first small finance bank transitions […]

Can turn 2,000 gold loan retailers into financial institution branches: Muthoot Finance

Mumbai: The largest pure-play gold mortgage player, Muthoot Finance, which has implemented for banking licence, has stated it is able to effortlessly launch commercial lending commercial enterprise with as many as 2,000 branches. “We’re assured of getting a banking licence from the Reserve financial institution, given our attain in rural […]

Dewan Housing Finance this autumn internet dips 28%; shares tank 12%

New Delhi: loan lender Dewan Housing Finance these days suggested 28 in step with cent decline in internet profitat Rs 141.17 crore for the fourth quarter ended March 31. The organisation‘s internet income become Rs 196.ninety three crore in the January-March zone of thepreceding financial, 2012-thirteen. shares of the employer […]

Indiabulls Housing Finance to raise Rs four,500 Crore through Bonds in FY15

Mumbai: loan lender Indiabulls Housing Finance (IBHF) is aiming to elevate Rs four,500 crore through bond issuesin the ongoing monetary yr (2014-15), a pinnacle company professional said. “we can improve Rs four,500 crore on this monetary thru bond troubles and on a internet foundation,excluding compensation of in advance bond troubles, […]