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Individual loan business continues to improve in Jan-Mar: HDFC

Individual loan business continues to improve in Jan-Mar: HDFC

Finance
Mortgage lender HDFC Ltd on Saturday said the company's individual loan business continued to exhibit improvement in the January-March quarter 2021 and loans worth Rs 7,503 crore were assigned to its banking subsidiary. "The individual loan business continued to see strong improvements during the quarter ended Match 31, 2021. "During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore," HDFC said in a regulatory filing. In the year ago same quarter ended March 2020, such loan assigned to HDFC Bank stood at Rs 5,479 crore. The individual loans sold in the preceding 12 months (April-March) amounted to Rs 18,980 crore (previous year Rs 24,127 crore), it s...
UK to appeal to individual European countries over arts touring ‘crisis’

UK to appeal to individual European countries over arts touring ‘crisis’

Entertainment
Getty ImagesThe government has said it hopes to open negotiations with individual EU countries "very shortly" to help UK artists to tour after being told Brexit had created an "absolute crisis".Musicians, actors and their crews will face extra red tape and fees for visas to tour in some European countries.Speaking to MPs on Tuesday, arts figures said ministers must "act now".Culture minister Caroline Dinenage said there were no current talks to reach agreements with individual countries.She admitted there were "certainly a lot of obstacles to overcome", resulting in "quite a lot of sleepless nights for those across my department at the moment".With the main Brexit deal not allowing British artists to work freely across the continent, she said striking deals on work permits and visas with i...
HDFC’s individual loan disbursements rise 26 pc in December quarter

HDFC’s individual loan disbursements rise 26 pc in December quarter

Finance
New Delhi: Mortgage firm HDFC Ltd on Monday said its disbursements in the individual loan category have grown by 26 per cent during the third quarter ended December 2020. The individual loan business continued to see improvements during the December quarter, HDFC Ltd said in a regulatory filing. "Disbursement growth over the corresponding quarter of the previous year was 26 per cent. For the nine months ended December 31, 2020, individual loan disbursements stood at 86 per cent of the levels in the corresponding period of the previous year," it said. During the quarter ended December 31, 2020, the profit on sale of investments was Rs 157 crore, it said, adding this was on account of the sale of 25,48,750 equity shares of HDFC Life Insurance Company Limited (HDFC Life). HDFC's sharehold...
Harry Winks reveals Tottenham players have individual fitness schedules amid coronavirus pandemic

Harry Winks reveals Tottenham players have individual fitness schedules amid coronavirus pandemic

Sports
Harry Winks has revealed that Tottenham players have been given an individual fitness schedule in order to remain in shape while staying at home during the coronavirus pandemic. With English professional football postponed until at least April 30, a number of players have had to keep their fitness levels high from home. Getty Images - Getty Winks has revealed each Spurs star has their own fitness schedule Winks, alongside all Spurs players, was given his own individual programme while following government guidance on staying at home but says they can be flexible in following it. “It’s a bit strange for all of us, but I’ve got my head around it,” the 24-year-old told the club website. “In terms of fitness, I’m fine, I’m mainly using the gym at my hous...
Individual investors pulled $20 million from Fisher Investments after billionaire’s sexist comments

Individual investors pulled $20 million from Fisher Investments after billionaire’s sexist comments

Finance
Kenneth Fisher, founder of Fisher Investments.Jonathan Fickies | Bloomberg | Getty ImagesIndividual investors at Fisher Investments transferred $ 20 million from the firm the week after the billionaire made lewd comments at a conference, according to a research note from Mercer, an advisor to institutional investors.The development was disclosed on a conference call Fisher executives held on Oct. 14 with Mercer, to discuss the fallout from founder Ken Fisher's comments at the Tiburon CEO Summit, according to the note obtained by CNBC.When speaking at the conference on Oct. 8, Fisher had likened winning new clients to picking up women at a bar. He had used similar language at another conference in 2018.Though the billionaire apologized, institutional investors — including seven government p...