Message From
-----------------------------------------
MESSAGE
After getting SFB licences from the RBI, Fincare and Utkarsh both began operations as small financing banks (SFBs) in 2017. Let’s
start with the fundamentals: what are SFBs? They are a distinct type of
bank established with the goal of advancing the financial inclusion
agenda. SFBs must follow the following rules: - 75+% loans to priority sectors, i.e. underserved sectors (compared to 40% for other banks)
- Loans of 50% or more with ticket sizes of =25 lakhs
There
are 11 SFBs in India, and interestingly, the majority of these SFBs
were previously microfinance institutions (except AU and Shivalik
cooperative bank). In other words, all of them have built their
businesses around financial inclusion and are run by exceptional
management teams – so it’s no coincidence that these 11 businesses were
given licenses! |
|
|---|
| | |
|
|
| |
| | Financial Performance of TMB in FY2022 - Operating profit increased from 1,202.04 crores to 1,526.75 crores.
- Net profit Increased from 603.33 crores to 2821.91crores (+36.23%)
- Deposits of the Bank increased from 240,970.42 crores to 44,933.11 crores (+9.67%) during the year
- Gross Advances increased from 31,541.03 crores to 33,748.17 crores (+7.00% ) during the year
- Net Advances increased from 31,069.60 crores to 233,491.54 crores (+7.80%) during the year
- Gross NPAs decreased from 3.44% to 1.69%. Net NPAs decreased from 1.98% to 0.95%
- Provision Coverage Ratio (PCR) increased from 79.53% to 87.92%
The
total income increased by 403.20 crores during the year from 24,253.22
crores in the previous year to 24,656.42 crores during the year under
review (+9.48%). | | | | | | |
| |
| | Reliance
Retail has entered the Indian fast-moving consumer goods sector by
expanding the distribution of its private label brands, Reliance Fresh
and Reliance Smart, which are sold in its supermarkets and hypermarkets. The
company had set an internal target of Rs 50,000 crore in revenue from
the FMCG industry, which will be managed by Reliance Retail’s consumer
brand segment. It
plans to sell groceries such as pulses and grains, edible oils, flour,
dry fruits, spices, pickles, pastes, idli dosa batter, snacks such as
biscuits, namkeens and sweets, ready-to-cook meals, ketchup, jams,
carbonated drinks, fruit juices, breakfast cereal, oats, muesli, honey,
sauces, tea and coffee. Food brands include Good Life, Best Farms, Desi Kitchen, Snac Tac, Yeah!, Healthy Life, Aw So Yum, and more. Kaffe, Aarambh. It
has entered categories such as soaps, shower gels, hand wash, face
wash, hair oils, talcum powder, sanitisers, sanitary pads, diapers,
toothpaste and toothbrush, nail enamel, lipsticks, beauty accessories,
hair accessories, daily essentials such as nail clippers and scissors,
and deodorants in the non-foods space. | | | | | | |
| |
| |
-----------------
/////////
Blog Comments
Blog Caution
Two Way Quotes ( i.e simultaneous Buying / Selling Rates ) given by Dealers may be Incorrect.
Investors, please, Recheck from Independent
Please , also , read
http://www.rareindianshares.info/2017/09/dealers-two-way-quotes-can-be.html
Dealers of Unlisted / Delisted Shares
Please click the link For Many Dealers' Contact List
http://www.rareindianshares.info/2021/05/dhruval-shah-selling-metropolitan-stock.html
Dealers of Rare Indian Shares
Sambhav Aggarwal
Arms Securities
Tel : +919899131155
MANISH
9958006642
3A CAPITAL SERVICES
NILESH KOTAK
08866004076 - Whatsapp also
InvestorZone ,232/12, New Kot Gaon, Ghaziabad, ,Dinesh Gupta, Partner
DHARAWAT
08108303330 or dharawat1@gmail.com
SANDIP GINODIA
9830271248
OPPOSITE HIND CINEMA, NEAR AXIS BANK
73a, GANESH CH AVENUE, 2ND FLOOR, KOLKATA-700013
Vipul Gandhi
Gandhi Associates
25, New Jagnath, Saptabhumi Apt., (GF)
Rajkot-360001
Phone : + 91 - 281 324 6757 / 329 6757
.
Dilip Surana
Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No 044-42371148
Mobile 9840278351 95000 95121
dilipmsurana@gmail.com
IP Gupta M.Sc,MBA,( Faridabad ) ,also consultants for problematic transfer cases - m- 9971104447
Important Blog Request
Because of technical reasons we are unable to our full list of Dealers.
Please do click on this link for our full list
List
.Please Must the link For Many Dealers' Contact List
http://www.rareindianshares.info/2021/05/dhruval-shah-selling-metropolitan-stock.html
Three Additions To The Previous List
1. Tarun Jain ,+91-9716719433 ,+91-9968510065
tarun90.jain@gmail.com
2. www.altinven.com
3 https://blog.unlistedkart.com/
No comments:
Post a Comment