At the end of FY25, the lender’s asset quality has improved to 1.08%, compared to 1.5% a year earlier. The goal for this year is to reduce the gross non-performing assets (NPA) to below 1%.
Bank of Baroda has cut its home loan interest rates by 40 basis points for new applicants. The starting rate is now 8.00% per annum, down from the previous 8.40%. The adjusted rates, which depend on a borrower’s credit score, are available for new home loans and home improvement loans. Loans of ₹15 lakh and higher qualify for the updated rates, as announced in the bank’s press release. Additionally, the bank is providing a 0.05% per annum concession for female borrowers and a 0.10% reduction for those under 40 years old on new properties and home loan transfers. The bank…
NEW DELHI: Aadhar Housing Finance has announced a net consolidated profit increase of 17.49% for the quarter ending December 31, 2025, reaching ₹281.21 crore, compared to ₹239.34 crore in the same quarter last year, as per a BSE filing. The company’s net consolidated total income for Q3 FY26 was ₹943.77 crore, reflecting an 18.32% rise from ₹797.64 crore in the equivalent quarter of the previous fiscal year. Rishi Anand, MD & CEO, noted, “As of December 31, 2025, our Assets Under Management (AUM) reached ₹28,790 crore, marking a 20% year-on-year growth. The current economic environment provides a strong boost for…
NEW DELHI: Home First Finance Company India has reported a 35.47% growth in its net consolidated profit for the quarter ending June 30, 2025. Their profit after tax reached ₹118.89 crore in Q1 FY26, up from ₹87.76 crore in the same quarter last year, as stated in a BSE filing. The net consolidated total income for the company amounted to ₹455.26 crore in Q1 FY26, reflecting a 33.38% increase from ₹341.32 crore in the corresponding period of the previous year. Assets under management (AUM) rose by 28.6% year-on-year to ₹13,479 crore, while disbursements increased by 7% to ₹1,243 crore. The…