Month: May 2021

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Reserve Bank of India – Annual Report

Publications

[ad_1]

Read More/Less




April 14, 2015





Dear All




Welcome to the refurbished site of the Reserve Bank of India.





The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.





With this makeover, we also take a small step into social media. We will now use Twitter (albeit one way) to send out alerts on the announcements we make and YouTube to place in public domain our press conferences, interviews of our top management, events, such as, town halls and of course, some films aimed at consumer literacy.




The site can be accessed through most browsers and devices; it also meets accessibility standards.



Please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re-register yourselves for receiving RSS feeds for uninterrupted alerts from the Reserve Bank.



Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site.



Thank you for your continued support.




Department of Communication

Reserve Bank of India


Next

[ad_2]

CLICK HERE TO APPLY

Leave a comment

Sundaram Finance Q4 net profit rises to ₹209 crore

Banking & Finance

[ad_1]

Read More/Less


Sundaram Finance has managed to post an impressive result despite a challenging year 2020-21 which not only tested but also re-enforced its core belief of customer centricity.

For the fourth quarter of FY21, the non-banking financial company (NBFC) registered a net profit of ₹209 crore compared to ₹131 crore in the same period previous year. Its disbursements in Q4 saw an increase of 13 per cent to ₹3,305 crore.

Despite a washout in the first quarter and sluggish business in the second, the NBFC posted a 21 per cent growth in its net profit in FY21. Its profit stood at ₹809 crore (₹724 crore in FY20 which also included a one-time income of ₹53 crore). This performance came amidst lower disbursement which fell to ₹11,742 crore from ₹15,175 crore in FY20.

“We tightened our belt and focussed on our GQP (growth, quality and profitability) philosophy,” said Rajiv Lochan, MD, Sundaram Finance, explaining the performance. The overall asset under management in FY21 was ₹30,882 crore (₹29,936 crore), an increase of 3 per cent.

In spite of the Covid-related challenges, the company reduced its net NPAs to 1.35 per cent compared to 1.92 per cent in March’20. The capital adequacy ratio stood at 22.10 per cent (18.4 per cent).

Covid wave

But the second wave of coronavirus with its higher intensity and broader impact is creating fresh challenges to the company in FY22. “We are seeing slippages (in recovery) of 4-5 per cent,” says Lochan. But the company is working closely with its customers to address their pain points. In FY21, it took advantage of RBI’s moratorium and restructuring sops to restructure loans worth ₹1,307 crore accounting of 4.4 per cent of outstanding principle. “We will deploy the learnings from last wave and overcome the challenge,” he added.

Recovery to be delayed

Before the second wave struck, the NBFC was hoping for a recovery in demand by the second half of FY22. Now that will be delayed. It expects the demand for the tipper segment to remain strong thanks to government’s strong infrastructure focus. But the haulage segment, it believes, will not see a recovery before the fourth quarter of FY22. “A lot will depend on vaccination, recovery in rural economy and how we handle the Covid variants,” said Lochan.

Despite a washout in the first quarter and sluggish business in the second, the NBFC posted a 21 per cent growth in its net profit in FY21.

 

 

 

[ad_2]

CLICK HERE TO APPLY

Leave a comment ,

Reserve Bank of India – Press Releases

Press Releases

[ad_1]

Read More/Less


The results of the auctions of 4.26% GS 2023 (Re-issue), 5.85% Government Stock 2030 (Re-Issue), 6.76% Government Stock 2061 (Re-Issue) held on May 28, 2021 are:

Auction Results 4.26% GS 2023* 5.85% GS 2030 6.76% GS 2061
I. Notified Amount ₹ 3000 Crore ₹ 14000 Crore ₹ 9000 Crore
II. Underwriting Notified Amount ₹ 3000 Crore ₹ 14000 Crore ₹ 9000 Crore
III. Competitive Bids Received      
(i) Number 99 286 186
(ii) Amount ₹ 10808 Crore ₹ 32035 Crore ₹ 22447 Crore
IV. Cut-off price / Yield 99.98 98.97 97.7
(YTM: 4.2699%) (YTM: 5.9937%) (YTM: 6.9297%)
V. Competitive Bids Accepted      
(i) Number 40 19 113
(ii) Amount ₹ 3549.471 Crore ₹ 6550 Crore ₹ 8994.074 Crore
VI. Partial Allotment Percentage of Competitive Bids 99.88% 0% 96.45%
(4 Bids) (0 Bids) (8 Bids)
VII. Weighted Average Price/Yield 100.03 99 97.83
(WAY: 4.2431%) (WAY: 5.9895%) (WAY: 6.9199%)
VIII. Non-Competitive Bids Received      
(i) Number 3 4 5
(ii) Amount ₹ 0.529 Crore ₹ 13.542 Crore ₹ 5.926 Crore
IX. Non-Competitive Bids Accepted      
(i) Number 3 4 5
(ii) Amount ₹ 0.529 Crore ₹ 13.542 Crore ₹ 5.926 Crore
(iii) Partial Allotment Percentage 100% (0 Bids) 100% (0 Bids) 100% (0 Bids)
X. Amount of Underwriting accepted from primary dealers ₹ 3000 Crore ₹ 14000 Crore ₹ 9000 Crore
XI. Devolvement on Primary Dealers 0 ₹7436.458 Crores 0
* Greenshoe of ₹550 crores has been accepted

Ajit Prasad
Director   

Press Release: 2021-2022/283

[ad_2]

CLICK HERE TO APPLY

Leave a comment
1 … 8 9 10 11 12 … 100