The MFI's total income rose 31 per cent year-on-year to Rs 814.3 crore from Rs 618.6 crore in the corresponding quarter the previous year. Its net interest income increased 39.9 per cent to Rs 516.2 crore from Rs 368.9 crore in the year-ago period. However, impairment of financial instruments declined 24.7 per cent to Rs 105.4 crore from Rs 139.9 crore.
Mumbai (Maharashtra)/ New Delhi [India], May 30 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to United States International Development Finance Corporation (DFC) in relation to USD 100 million Basel III compliant note issued by RBL Bank to DFC, for augmenting its Tier 2 capital.
New Delhi [India], August 31 (ANI): The Japan International Cooperation Agency (JICA) has signed a 50 million dollar (about Rs 368 crore) loan agreement with Northern Arc Capital (NAC), an Indian financial institution, to fund non-bank financial entities that provide financial services to women.
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