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Comment on RBI Monetary Policy By Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital Below Comment on RBI Monetary Policy By Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital “ The RBI holding repo rates is a clear signal for a pick up in growth with the risk of inflation having come down. The unexpectedly sharp GDP growth in Q4 and the interest rate stability is a call for the capex cycle to pick up. MSMEs especially can look at the medium term with confidence and start investing in expanding and modernising their businesses. However,...
Comment on RBI Monetary Policy By Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital
Comment on RBI Monetary Policy By Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital
Source: PR Agency
8/06/2023 1:27:28 PM
Profectus Capital Ltd Income for FY23 up by 69% at Rs. 273 crores Profectus Capital Private Limited (PCPL), an NBFC backed by Actis, a global private equity firm, announced impressive figures in the financial results for the Quarter and Financial Year ended 31st March 2023. PCPL’s AUM stands at Rs 2,453 crores as of March 2023, up 62% from March 2022. The company is dedicated to funding micro, small and medium enterprises (MSMEs) across eleven product clusters in India that have inadequate access to formal channels of financing. Recently, it also rece...
Profectus Capital Ltd Income for FY23 up by 69% at Rs. 273 crores
Profectus Capital Ltd Income for FY23 up by 69% at Rs. 273 crores
Source: PR Agency
24/05/2023 5:59:10 PM
Profectus Capital receives a CoR from RBI under the Factoring Regulation Act, 2011 Profectus Capital Private Limited (PCPL), an NBFC backed by Actis, a global private equity firm, has received the Certificate of Registration (CoR) under the Factoring Regulation Act, 2011 from the Reserve Bank of India (RBI). It is among the first few NBFCs to be granted the CoR. This milestone will enable PCPL to undertake factoring services to serve MSME customers better.   Profectus Capital plans to offer their customers timely and efficient factoring services to improve their ...
Profectus Capital receives a CoR from RBI under the Factoring Regulation Act, 2011
Profectus Capital receives a CoR from RBI under the Factoring Regulation Act, 2011
Source: PR Agency
10/05/2023 1:56:34 PM
Profectus Capital announces Q3FY23 results Mumbai: Profectus Capital Private Limited (PCPL), an NBFC backed by Actis, a global private equity firm, announced impressive financial figures for the quarter ended 31st December 2022. Profectus Capital is dedicated to funding micro, small and medium enterprises (MSMEs) across eleven product clusters in India that have inadequate access to formal channels of financing. Q3FY23 key performance highlights are: Total Income from Operations stood at Rs 70.74 crores compared to Rs 41.36...
Profectus Capital announces Q3FY23 results
Profectus Capital announces Q3FY23 results
Source: PR Agency
14/02/2023 3:56:30 PM
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital Below is Post Budget quote on by Mr. KV Srinivasan , Executive Director and CEO of Profectus Capital This budget focuses on long term vision, structural reforms and infrastructure and social development. Highest ever capital expenditure of 10tn, on a already high base of last year, is a very encouraging signal for continued positive momentum in Indian economy. Theme of inclusive development and empowerment of women and weaker sections of society would also further strengthen ongoing t...
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital
Source: PR Agency
1/02/2023 5:59:37 PM
Comment on RBI Monetary Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital Below Comment on RBI Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital “The RBI’s action in raising the repo rate by 35 bps is in line with market expectations and their consistent objective to rein in inflation. With the PMI (which reflects business confidence) and other indicators being positive, I expect capex to continue in spite of higher interest cost and do not see economic growth being impacted in any significant way. Repo rate has in rea...
Comment on RBI Monetary Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital
Comment on RBI Monetary Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital
Source: PR Agency
7/12/2022 2:06:45 PM