MFI stress, yes but vehicle financing is 850 crore out of total book of 12300 crore and is backed by collateral.
Also, can someone confirm that the unsecured AUM as percentage of total is roughly 43%?
Posts tagged All News
Northern Arc – Long term play (07-11-2024)
Forget Trump rhetoric, if US grows at 2-3%, that is good news for global economy: Manish Singh (07-11-2024)
Experts believe President Trump’s policies will lead to economic growth in the US and globally. His focus on deregulation and tax cuts is expected to drive this growth. Some manufacturing may shift to countries like India. Analysts are not concerned about US debt due to internal holdings and reserve currency status.
Market near day’s low; metal shares lacklustre (07-11-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex dropped 936.76 points or 1.17% to 79,445.32. The Nifty 50 index fell 295.05 points or 1.21% to 24,189.
Share price of Tata Elxsi as Sensex drops 913.18 points (07-11-2024)
Promoters held 43.91 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 13.65 per cent and 2.0 per cent, respectively.
Deregulation and M&A prospects boost investor confidence post-Trump victory: Matt Orton (07-11-2024)
The regulatory environment for the past four years has not been incredibly favourable for mergers and acquisitions, it has not been favourable for consolidation of certain industries and so I think that is a big part of what was playing out today.
Indian rupee drops to all-time low on bullish dollar outlook (07-11-2024)
The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump’s policies. Despite interventions by the Reserve Bank of India, the rupee weakened further, fueled by foreign investors pulling money out of Indian stocks.
Tata Power shares 0.15 per cent in Thursday’s trading session (07-11-2024)
The Relative Strength Index of the stock stood at 53.17 on Thursday.
Sagility India IPO closes today: GMP shows marginal uptick; should you bid? (07-11-2024)
Through the IPO, which is entirely an offer for sale (OFS), the promoter, Sagility BV, is offloading 702,199,262 shares with a face value of Rs 10 each
Delta Corp drops after Q2 PAT slides 61% YoY to Rs 27 cr (07-11-2024)
Delta Corp declined 2.14% to Rs 116.80 after the company’s consolidated net profit tumbled 61.14% to Rs 26.98 crore in Q2 FY25 as compared with Rs 69.44 crore in Q2 FY24.
Federal Bank shares 0.65% as Nifty drops (07-11-2024)
A total of 129,882 shares changed hands on the counter till 10:24AM (IST).