Three Insurance Companies To Release IPOs Soon; This Year Firms Have Raised Over Rs 70,000 Crore Through IPOs
Mumbai, 23rd August 2021: Three different insurance companies will enter the market in the coming months and will raise over...
Business
Google Removes 8 Malicious Apps Related To Cryptocurrency From Play Store
Mumbai, 22 August 2021: Cryptocurrency mining has been catching everyone's attention. However, hackers are using this public interest in cryptocurrencies...
Indian American Launches Startup Villages, World’s 1st Village Startup Ecosystem to promote villages in Italy and Japan as an ideal destination for startups and sustainable development
Pune (India), 21st August 2021: An Indian American Dr Tausif Malik from Pune who resides in Chicago (USA) has launched Startup...
3 Ways You Can Make Your Raksha Bandhan Pocket Friendly
Akshay Mehrotra, Co-founder and CEO of EarlySalary Pune, August 2021: The festival celebrating the special bond of brother and sister...
Club Mahindra’s ‘Jaana Kahaan Hai’ aims at tapping into India’s pent up Travel Demand
Mumbai, 20 August 2021: Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited is reaching out to...
Google Ads Editor Introduces Few Amazing Launches
Vaishnavi Jhawar Pune, 20th August 2021: Google Ads Editor is a smart version tool designed to use Google Ads where...
Bajaj Allianz Life recognized as a ‘Great Place To Work’ in India
Pune, August 19, 2021: Bajaj Allianz Life, one of India’s leading private life insurer, today has been recognized as a Great Place...
Zeno Health Enters Pune Market
Pune, 18th August 2021: Zeno Health is one of Mumbai's fastest growing omnichannel pharmacy retail companies, with more than 100+...
YES BANK among 100 Best Emerging Market Performers, according to V.E, part of Moody’s ESG SolutionsYES BANK among 100 Best Emerging Market Performers, according to V.E, part of Moody’s ESG Solutions
Mumbai, August 18, 2021: YES BANK is among the 100 Best Emerging Market Performers as assessed by V.E, part of...
Poonawalla Fincorp Q1 FY22 Profit before Tax up 72% to Rs 81 Cr YoY; Collections inching towards Pre-COVID levels
Pune, August 16, 2021: The Board of Directors of Poonawalla Fincorp Limited (PFL), today announced its un-audited results for the quarter ended June 30, 2021 (Q1FY22). On a consolidated basis, the Company’s profit before tax (PBT) for Q1FY22 was ₹ 81 crore and Assets under Management (AUM) stood at ₹ 14,424 crore. Performance Highlights (Consolidated) AUM remained flat at ₹ 14,424 crore on QoQ basis due to COVID-19 restrictions across the country Q1FY22 NIM increased by 107 bps to 7.92% in Q1FY22 from 6.85% in Q1FY21 Consolidated PBT increased by 72% to ₹ 81 crore in Q1FY22 from ₹ 47 crore in Q1FY21 RoA increased to 1.80% in Q1FY22 from 0.90% in Q1FY21 Capital Adequacy Ratio (CAR) increased to 57.8% in Jun’21 from 20.3% in Mar’21 Collections At a consolidated level, the collections which dipped to 84% in Apr’21 and fallen further to 80% in May’21 owing to COVID-19 restrictions...
