9 November 2022 - News Deck

Another milestone quarter with record profitability

9 November 20229 November 2022 Vijay Raman

Highest ever quarterly net profit of ₹294 crore; RoA at 4.6%/ RoE at 34.5%**; Disbursements up 56% Y-o-Y/ 12% Q-o-Q; deposits up 45% Y-o-Y/ 11% Q-o-Q; Continued traction on collection and asset quality improvement; PAR at 6.1%; NNPA at 0.04% Ujjivan Small Finance Bank ltd. [BSE: 542904; NSE: UJJIVANSFB], today announced its financial performance for the half-year and quarter ended September 30, 2022. Summary of Ujjivan Small Finance Bank Business Performance – Q2 FY 2022-23 v Gross advances at ₹20,938* crore up 44% Y-o-Y and 8% Q-o-Q v …

COLOMBIAN ARTIST NOHEMÍ PÉREZ WINS THE THIRD EDITION OF THE FPT FOR SUSTAINABLE ART AWARD, A PROJECT SPONSORED BY FPT INDUSTRIAL IN ASSOCIATION WITH ARTISSIMA

9 November 20229 November 2022 Vijay Raman

FPT Industrial, the Iveco Group’s global powertrain brand, announces, in association with Artissima 2022, the winner of the third edition of the FPT for Sustainable Art Award, a prize created with the mission of promoting the commitment to sustainability through projects linked to contemporary art by rewarding the artist whose work has stood out on the art scene for its strong focus on the environment in all its various aspects. This year the project highlights the issue of Carbon Neutrality, an urgent topic of very strong current interest which is…

Homes Worth INR 1.56 Lakh Cr. Sold in Top 7 Cities in H1 FY23, Yearly Gain of 119%

9 November 20229 November 2022 Vijay Raman

Approx. 1,73,155 homes were sold across the top 7 cities in the first two quarters of FY23, against 87,375 in the corresponding FY22 period INR 71,295 Cr total estimated value of homes sold last year in H1 FY22 Overall sales value in H1 FY23 was highest in MMR at INR 74,835 Cr, followed by NCR at INR 24,374 Cr & Bengaluru at INR 17,651 Cr Among top 7 cities, NCR saw highest yearly total sales value growth of 175% – from INR 8,896 Cr in H1 FY22 to over INR…

Alcostar Group of Companies enters the Delhi and Uttarakhand markets with a variety of spirits

9 November 20229 November 2022 Vijay Raman

With this launch, the company aims to strengthen its spirits portfolio in the country Alcostar Group of Companies, a premium liquor brand that has been engaged in the manufacturing and import of various foreign liquor from all over the world has recently launched its four company-owned products in the Delhi and Uttarakhand markets. With the aim of becoming the premier spirits brand in the liquor industry in India, Alcostar has launched products in three categories – Sherry Platinum – Whisky, KIEV Vodka, KIEV Green Apple Vodka and Old Chief Rum. While all…

RupeeRedee witnesses 4X growth in acquisition, plans to disburse 500 crores in 2021-22

9 November 20229 November 2022 Vijay Raman

● The startup has successfully experienced 3 Million funding growth from Debt & Equity and 251 crores disbursal in 2020-21 RupeeRedee – a technology driven lending platform for the millennials and underserved category of customers, has achieved another milestone with 2 Million funding growth from Debt & Equity & successfully disbursed 251 crore loans in 2020-21. The digital lending platform is moving on its growth trajectory while strengthening its product line, partnerships and presence in the Indian Fintech Market. RupeeRedee operates under its own Captive NBFC FincFriends Private…