June 30, 2025

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Non-banking lenders opting for overseas funds

  • May 18, 2025

MUMBAI: Non-banking financial companies (NBFCs) are increasingly looking overseas for funds as domestic banks have been slow in passing on the benefits of the recent 50 basis points (bps) repo rate cut, according to experts. Many banks have only marginally reduced their marginal cost of funds-based lending rate (MCLR) by 5-10 bps, prompting NBFCs to

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Finance

PNB Housing Finance Q4 results: Net profit rises over 27% on-year, NII up 20%

  • April 28, 2025

PNB Housing Finance reported a strong performance for Q4 FY25, with net profit rising by 27.7% year-on-year to ₹567 crore, compared to ₹444 crore in the same quarter last year. This growth was driven by a solid 20% increase in net interest income (NII), which stood at ₹736 crore, up from ₹614 crore in Q4

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