IDFC FIRST Bank eyes 20% loan book expansion with fresh capital boost

IDFC FIRST Bank eyes 20% loan book expansion with fresh capital boost

“The thing is that, see, in the last five years our loan book has grown from 1,04,000 crores to about 2.4 lakh crores, five years, a little more than 2x. Now, we think that we should, in a stable manner, grow at about 20 odd percent because remember, we are not a large bank, like … Read more

MFI’s gross loan portfolio grows 0.86 pc to Rs 2,36,100 crore as of June-end: Report

MFI’s gross loan portfolio grows 0.86 pc to Rs 2,36,100 crore as of June-end: Report

Gross loan portfolio (GLP) of the microfinance sector grew 0.86 per cent on a year-on-year basis to Rs 2,36,100 crore in the April-June 2021 quarter from Rs 2,34,100 crore in the year-ago period, according to a report. The GLP declined seven per cent quarter-on-quarter in the first quarter, from Rs 2,53,800 crore in the fourth … Read more