News

Indel Money Reports Strong Q1 Results with Rs 21 Crore Profit Indel Money, the flagship company of Indel Corporation and a non-banking finance company (NBFC), has announced its financial results for the first quarter of FY24, posting a robust profit of INR 21 crore, which is quarter on quarter growth of 63%.The company's outstanding performance demonstrates its commitment to sustainable growth and operational efficiency and overall resilience in gold loan demand. The company's AUM grew 61% year-on-year during the same quarter to INR 1294.44 c...
Indel Money Reports Strong Q1 Results with Rs 21 Crore Profit
Indel Money Reports Strong Q1 Results with Rs 21 Crore Profit
Source: PR Agency
21/08/2023 3:26:14 PM
RBI MPC Policy views By Umesh Mohanan, Indel Money Below RBI MPC Policy views from Umesh Mohanan, Executive Director and CEO, Indel Money.   "Keeping the policy stance and repo rate unchanged is in the expected line. Measures to absorb surplus liquidity will pave the way for price stability. As economic activities are gaining momentum and credit demand is becoming stronger, frictionless credit delivery through the public tech platform announced by the RBI will go a long way in addressing credit under-penetration and ...
RBI MPC Policy views By Umesh Mohanan, Indel Money
RBI MPC Policy views By Umesh Mohanan, Indel Money
Source: PR Agency
10/08/2023 2:38:46 PM
RBI Policy Expectation Quote by Umesh Mohanan, Indel Money Below Quote on the RBI Policy Expection quote from Mr. Umesh Mohanan , indel money  "The RBI takes into account CPI data to assess the domestic inflation dynamics and CPI inflation is on the higher side and is showing a tendency to move out of the comfort zone of the RBI. Therefore, the central bank is likely to continue with the repo rate unchanged and continue with its current stance of 'withdrawal of accommodation.’ Overall, MPC is expected to adopt a hawkish st...
RBI Policy Expectation Quote by Umesh Mohanan, Indel Money
RBI Policy Expectation Quote by Umesh Mohanan, Indel Money
Source: PR Agency
3/08/2023 6:26:27 PM
Indel Money looks at Rs 15 cr monthly disbursements for next six months via digital personal loan: Umesh Mohanan Indel Money Ltd, a gold loan non-banking finance company (NBFC), is targeting approximately Rs 15 crore monthly disbursement for the next six months through its newly launched digital personal loan product on its mobile application and e-portal, Umesh Mohanan, Executive Director and Chief Executive Officer of the company, told IANS on Tuesday. "Indel Money is targeting approximately Rs 15 crore monthly for the next six months," Mohanan said. The newly-launched digital personal...
Indel Money looks at Rs 15 cr monthly disbursements for next six months via digital personal loan: Umesh Mohanan
Indel Money looks at Rs 15 cr monthly disbursements for next six months via digital personal loan: Umesh Mohanan
Source: IANS
17/08/2022 9:20:00 AM
Chat platform Slack to hike prices for Pro subscription users Slack said on Monday it will increase prices for its platform, the workplace messaging app's first price hike since its 2014 launch, as the company seeks to invest more in innovation. The pricing change will go into effect as of Sept. 1, the company said in a blog, and will affect only users on Slack's Pro subscription. Monthly Pro subscriptions will increase to $8.75 from $8 and annual Pro subscriptions will increase to $7.25 per month from $6.67, according to the company. S...
Chat platform Slack to hike prices for Pro subscription users
Chat platform Slack to hike prices for Pro subscription users
Source: Reuters
19/07/2022 8:52:51 AM