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Bank of Maha, Federal Bank post robust loan growth

Updated at : 2023-01-04 07:25:04

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Bank of Maharashtra said that its gross advances grew nearly 22% year-on-year to Rs 1.57 lakh crore, while privately owned Federal Bank reported 19% rise to Rs 1.71 lakh crore. Smaller lenders such as South Indian Bank, CSB and Dhanlaxmi too reported high credit growth numbers a day before indicating that credit demand has been quite broad based.

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The 100-year-old company is one of the leading players in the domestic soft drinks market and has a strong presence in Gujarat with brands such Sosyo, Kashmira, Lemee, Ginlim, Runner, Opener, Hajoori Soda and S’eau. The existing promoters, Hajoori family, will continue to own the remaining stake in SHBPL.

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The 100-year-old company is one of the leading players in the domestic soft drinks market and has a strong presence in Gujarat with brands such Sosyo, Kashmira, Lemee, Ginlim, Runner, Opener, Hajoori Soda and S’eau. The existing promoters, Hajoori family, will continue to own the remaining stake in SHBPL.

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Last month, Adani completed the acquisition of 17,577,676 shares from the Roys constituting a 27.26% stake in NDTV for ₹602.2 crore at ₹342.65 per share.

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Last month, Adani completed the acquisition of 17,577,676 shares from the Roys constituting a 27.26% stake in NDTV for ₹602.2 crore at ₹342.65 per share.

Banks go big on financing green energy

Updated at : 2023-01-04 07:25:04

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The outstanding bank loans to the sector have grown at over 100% year-on-year, indicating momentum in underwriting renewable energy loans. According to Reserve Bank of India data, outstanding bank loans to this sector more than doubled to ₹4,191 crore at the end of October 21, 2022, as compared with ₹2,073 crore a year back.

Banks go big on financing green energy

Updated at : 2023-01-04 07:25:04

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The outstanding bank loans to the sector have grown at over 100% year-on-year, indicating momentum in underwriting renewable energy loans. According to Reserve Bank of India data, outstanding bank loans to this sector more than doubled to ₹4,191 crore at the end of October 21, 2022, as compared with ₹2,073 crore a year back.

Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around ₹2,000-3,000 crore in the telco, which is inadequate to revive the company. Vodafone Idea (Vi) needs around ₹40,000-45,000 crore for sustaining itself.

Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around ₹2,000-3,000 crore in the telco, which is inadequate to revive the company. Vodafone Idea (Vi) needs around ₹40,000-45,000 crore for sustaining itself.

HDFC assigns loans worth Rs 8,892 cr in Dec quarter

Updated at : 2023-01-03 23:35:03

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Gross income from the dividend for the quarter ended December 31, 2022, was Rs 482 crore compared to Rs 195 crore a year ago

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