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Jayabharat Credit Ltd. Announces Strong Financial Performance in Q3 FY23
Jayabharat Credit Ltd., a leading non-banking financial company (NBFC) in India, announced its financial results for the third quarter (Q3) of the financial year 2022-23 (FY23). The company reported a strong set of numbers, with growth across key financial parameters.
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Jayabharat Credit Ltd. Partners with National Housing Bank to Provide Affordable Housing Loans
Jayabharat Credit Ltd. has entered into a strategic partnership with the National Housing Bank (NHB) to provide affordable housing loans to customers. This partnership will enable Jayabharat Credit to offer a wider range of loan products to its customers, including loans for the purchase of new homes, home improvement, and home extension.
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Jayabharat Credit Ltd. Raises Rs. 100 Crore in Series B Funding
Jayabharat Credit Ltd. has successfully raised Rs. 100 crore in a Series B funding round led by a consortium of investors. The funds raised will be used to expand the company's operations, including the launch of new products and the expansion of its distribution network.
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Jayabharat Credit posts Q2 net profit of Rs 9.24 crore
Jayabharat Credit Ltd has reported a net profit of Rs 9.24 crore for the quarter ended September 30, 2022. The company had posted a net profit of Rs 8.06 crore in the corresponding quarter of the previous fiscal.
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Jayabharat Credit raises Rs 100 crore through NCDs
Jayabharat Credit Ltd has raised Rs 100 crore through the issuance of non-convertible debentures (NCDs). The NCDs have a tenure of 3 years and carry a coupon rate of 9.50%.
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Jayabharat Credit to expand its loan book by 20%
Jayabharat Credit Ltd plans to expand its loan book by 20% in the current fiscal. The company will focus on lending to small and medium enterprises (SMEs) and retail customers.
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Jayabharat Credit Registers 12% Growth in Net Profit for Q2 FY23
Jayabharat Credit Ltd. (JCL), a leading non-banking financial company (NBFC), has reported a 12% growth in its net profit for the second quarter of fiscal year 2023 (Q2 FY23).
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Jayabharat Credit Launches New Loan Product for Small Businesses
Jayabharat Credit Ltd. (JCL) has launched a new loan product tailored specifically for small businesses. The loan, called 'Pragati Loan', offers flexible repayment options and competitive interest rates.
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Jayabharat Credit Partners with HDFC Bank for Co-Lending
Jayabharat Credit Ltd. (JCL) has announced a partnership with HDFC Bank for co-lending. The partnership will enable JCL to expand its reach and offer its products to a wider customer base.