HDFC Bank Q3 business update: Total deposits grow 15.8% YoY to Rs 25,635,000 crore
On a quarter-on-quarter (QoQ) basis, deposits grew by 2.5% from ₹25,001 billion as of September 30, 2024.
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ESAF Small Finance Bank Q3 business update: Total deposits grow 18.84% YoY to Rs 22,413 crore
ESAF Small Finance Bank continues to focus on enhancing its secured lending portfolio, which constituted 44.35% of gross advances as of December 31, 2024, up from 29.46% in the previous year.
Ujjivan Small Finance Bank Q3 Business Update: Total deposits grows 16% YoY to Rs 34,496 crore
The bank reported a year-on-year (Y-o-Y) increase of 16% in total deposits, which stood at ₹34,496 crore as of December 31, 2024, compared to ₹29,669 crore in the same period last year.
Elpro International approves Rs 214.14 crore acquisition of EduSpace Services LLP
The entire consideration will be paid in cash, with ₹31.91 crores paid to IGE, ₹0.21 crores to Zenox, and up to ₹218.42 crores, including interest.
L&T Finance Q3 business update: Retail disbursements reach Rs 15,170 crore, loan book grows 23%
Retail disbursements for the quarter are expected to reach approximately ₹15,170 crore, marking a 4% year-on-year growth.
Black Rose Industries reports fire incident at Kolhapur facility
The fire caused damage to the building, but the asset was fully insured. Black Rose Industries has already initiated the process of filing an insurance claim to cover the loss. The company has reassured stakeholders that there will be no disruption to its business operations.
Bajaj Housing Finance Q3 business update: AUM grows 26% YoY to Rs 1,08,300 crore
In addition to the growth in AUM, Bajaj HFL’s loan assets (AR) stood at approximately ₹95,550 crore as of 31 December 2024, reflecting a strong 30% increase from ₹73,197 crore recorded as of 31 December 2023.
Deep Industries secures Rs 90.70 crore contract from ONGC for workover rig hire
The contract, awarded by the domestic energy giant ONGC, will involve Deep Industries providing the workover rig for operations at the Assam Asset, a crucial region for ONGC's activities.
PH Trading announces Rs 75 crore worth of acquisitions in jewelry sector
The most notable acquisition is Vega Jewellers, a partnership firm with an annual turnover of approximately ₹679 crore in FY 2023-24, which will be acquired for up to ₹45 crore.
RPG Life Sciences reports fire incident at manufacturing plant in Navi Mumbai
At present, the company is investigating the cause of the fire and assessing the extent of the damage caused. RPG Life Sciences reassured stakeholders that it has adequate insurance coverage for the affected assets. T
Mahindra & Mahindra Financial Services Q3 business update: Disbursements at Rs. 16,450 crore
Business assets surged by approximately 18% from December 2023, reaching an estimated Rs. 1,14,900 crore as of December 31, 2024.
IndusInd Bank Q3 business update: Total deposits reach Rs. 4.09 lakh crore
Deposits also saw an 11% year-on-year rise, reaching Rs. 4.09 lakh crore as of December 31, 2024, compared to Rs. 3.68 lakh crore in the same period of the previous year.
JSW Infrastructure enters concession agreement with Northern Railway
The Concession Agreement marks a significant step in JSW Infrastructure's expansion within the railway logistics sector.
UCO Bank Q3 Business Update: Total deposits hit Rs 2.8 lakh crore
The CASA (Current Account Savings Account) ratio for domestic operations was 37.96%, and the CD (Credit Deposit) ratio stood at a healthy 74.55%, indicating efficient utilization of funds.
Hindustan Foods acquires MMG Enterprises’ bottled water facility in Odisha for Rs 29.5 crore
The company plans to invest an additional ₹35 crore in the facility, including working capital.
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