Bajaj Finance remains well capitalised with a capital adequacy ratio (CRAR) of approximately 27.0% as of 31 December 2021.
CASA deposits stood at Rs38,528cr in the quarter under review up by 26% yoy and 5% qoq.
Though the portfolio growth is expected to drive an improvement in revenue, the expected elevated credit costs are likely to keep the profitability subdued in FY2022.
Force Motors said that its total auto production in December 2021 was 1,609 units, increasing nearly 28% YoY and 41.7% month on month basis.
UK manufacturing sector upturn continued in December, with further growth of production, new orders and employment, final data from IHS Markit showed on Tuesday. The IHS Markit/the Chartered Institute of Procurement & Supply manufacturing Purchasing Managers Index rose to 57.9 in December, little changed from Novembers three-month high of 58.1. The flash score was 57.6. The sector has expanded for 19 consecutive months. A score […]
The Tata Communications and Zain KSA strategic engagement will serve Saudi’s enterprises and government institutions with advanced technologies.
Business Wire India ~New equity will strengthen the Company’s balance sheet and will be invested in innovation and growth opportunities, including automation projects, new construction, and supply chain technology and clean energy initiatives~ ~Investors include BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), NYSTRS, OP Trust, Oxford Properties, QuadReal Property Group, Rabobank, StepStone, and others~ ~Funding brings […]

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