comparemela.com

Latest Breaking News On - ஸ்ரீராம் போக்குவரத்து நிதி நிறுவனம் வரையறுக்கப்பட்டவை - Page 1 : comparemela.com

NBFCs to face asset quality, liquidity risk due to Covid 2 0

NBFCs to face asset quality, liquidity risk due to Covid 2.0 ​ By IANS | ​ 3 Views Non-Banking Financial Company (NBFC).. Image Source: IANS News Chennai, April 8 : Indian non-banking finance companies (NBFC) face asset quality and liquidity risks owing to second wave of Covid-19 pandemic, said credit rating agency Fitch Ratings. Fitch on Thursday said NBFCs will face increased challenges if the restrictions to contain the pandemic are expanded or prolonged which in turn leads to economic and operational disruption. The credit rating agency said it had revised India s gross domestic product (GDP) forecast for the fiscal year ending March 2022 (FY22) to 12.8 per cent in its March 2021 Global Economic Outlook, from 11 per cent in the previous forecast in December 2020 due to the unexpectedly strong rebound in economic activity in late 2020 and early 2021.

Shriram Transport Finance Company Ltd announces third quarter results

Shriram Transport Finance Company Ltd announces third quarter results Posted On: 2021-01-28 08:57:58 (Time Zone: Arizona, USA) The Board Meeting of Shriram Transport Finance Company Limited (STFC), was held today to consider the unaudited financial results for the Third quarter ended 31st December, 2020. Financials (Standalone): Third quarter ended 31st December, 2020: The Net Interest Income for the Third quarter ended 31st December, 2020 was at Rs. 2,148.22 crores as against Rs. 2,113.75 crores in the same period of the previous year. The profit after tax was Rs. 727.72 crores as against Rs. 879.16 crores recorded in the same period of the previous year. The earning per share (basic) for the third quarter ended 31St December, 2020 stood at Rs. 29.54 as against Rs. 37.76 recorded in the same period of the previous year.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.