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North Eastern Development Finance Corporation Ltd.

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17 Stories Indexed
Last Updated: Just Now
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Automotive, EVs & Mobility 07 Oct 2026, 11:01 PM IST

NEDFI Posts Strong FY26 Growth as Income, Profit Hold Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. Interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore, underscoring steady execution in a challenging credit environment.

By RDU Global Wire4 min read
Automotive, EVs & Mobility07 Oct 2026, 05:18 PM IST

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore and interest income climbing 9.73% to Rs. 214.94 crore. The lender reported profit before tax of Rs. 127.77 crore and net profit of Rs. 92.23 crore, underscoring steady earnings momentum in a challenging credit environment.

5 min readRead โ†’
Automotive, EVs & Mobility05 Oct 2026, 06:18 AM IST

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. Interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore, underscoring steady earnings momentum.

5 min readRead โ†’
Banking, Fintech & Insurance04 Oct 2026, 06:49 PM IST

Gold Loans Surge as Credit Card and Consumer Durable Borrowing Cools, RBI Data Shows Shift to Secured Credit

Indian households are increasingly turning to secured borrowing, with loans against gold jewellery rising sharply even as credit card dues and consumer durable loans show only modest growth. Reserve Bank of India data indicates that personal loans remain a major driver of bank credit, but the composition of household debt is tilting toward collateral-backed lending.

6 min readRead โ†’
Macro Economy & Fiscal Policy04 Oct 2026, 09:25 AM IST

Bhogapuram Airport Warns Job Seekers After Fake Recruitment Offers Surface

Bhogapuram Airport has issued a public advisory cautioning job seekers against fraudulent recruitment messages being circulated in its name and that of its operator. The warning comes after reports of deceptive communications promising employment opportunities, underscoring the growing risk of impersonation scams around major infrastructure projects. Officials urged applicants to rely only on verified channels for hiring updates.

4 min readRead โ†’
Automotive, EVs & Mobility03 Oct 2026, 02:56 PM IST

NEDFI Posts Strong FY26 Growth as Income, Profit Hold Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial showing for FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. Interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax reached Rs. 127.77 crore and net profit stood at Rs. 92.23 crore, underscoring resilient earnings momentum.

5 min readRead โ†’
Banking, Fintech & Insurance03 Oct 2026, 08:36 AM IST

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025โ€“26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending activity and disciplined execution.

5 min readRead โ†’
National Governance & PolicyJust now (07:32 PM IST)

Man Allegedly Stages His Own Abduction to Extort Ransom From Father

Police in India are investigating a case in which a man allegedly fabricated his own kidnapping and used the hoax to demand ransom from his father. The episode has raised fresh concerns about the misuse of law-enforcement resources, family-linked fraud, and the ease with which staged crimes can trigger panic and public expenditure.

5 min readRead โ†’
Automotive, EVs & MobilityJust now (02:19 PM IST)

NEDFI posts stronger FY26 performance as income, profit rise

North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial showing in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. The lender also reported higher interest income, robust profit before tax of Rs. 127.77 crore and net profit of Rs. 92.23 crore, underscoring resilient operations in a challenging credit environment.

4 min readRead โ†’
Banking, Fintech & InsuranceJust now (12:55 PM IST)

NEDFI Posts Strong FY26 Growth as Income Rises 4.4% to Rs. 270.82 Crore

The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025โ€“26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending and income generation.

4 min readRead โ†’
Startups & Venture CapitalJust now (11:12 AM IST)

Gravity Raises $15 Million in Round Led by 3one4 Capital and Info Edge Ventures

Home interiors startup Gravity has raised $15 million in fresh funding led by 3one4 Capital and Info Edge Ventures, underscoring continued investor interest in technology-enabled consumer and home services businesses. The company said it will use the capital to strengthen its technology stack, expand distribution, build out key-account infrastructure, and support category expansion.

5 min readRead โ†’
Banking, Fintech & InsuranceJust now (09:50 AM IST)

NEDFI Posts Strong FY 2025โ€“26 Growth as Income, Profit Hold Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, underscoring resilient lending and income generation in a challenging credit environment. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, supporting a profit before tax of Rs. 127.77 crore and net profit of Rs. 92.23 crore.

4 min readRead โ†’
Banking, Fintech & InsuranceJust now (08:03 AM IST)

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025โ€“26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending and treasury performance in a challenging credit environment.

5 min readRead โ†’
Automotive, EVs & MobilityJust now (01:42 AM IST)

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. Interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax reached Rs. 127.77 crore and net profit stood at Rs. 92.23 crore, underscoring steady operational momentum.

5 min readRead โ†’
National Governance & PolicyJust now (12:39 AM IST)

India Launches Special Campaign 6 to Sharpen Efficiency, Cleanliness and Citizen-Focused Service Delivery

India has launched Special Campaign 6, a government-wide push aimed at improving administrative efficiency, strengthening cleanliness standards, and making public service delivery more citizen-centric. The initiative signals a renewed effort to reduce bureaucratic friction, clear pending work, and embed measurable governance outcomes across ministries and departments.

5 min readRead โ†’
Automotive, EVs & MobilityJust now (12:06 PM IST)

NEDFI Posts Strong FY26 Growth as Interest Income Rises 9.73%

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025โ€“26, with gross income rising 4.40% to Rs. 270.82 crore. The lenderโ€™s interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax reached Rs. 127.77 crore and net profit stood at Rs. 92.23 crore, underscoring steady earnings momentum.

5 min readRead โ†’
Macro Economy & Fiscal PolicyJust now (09:38 PM IST)

Rosatom in Talks With Adani, RIL and NTPC as India Opens Door to Private Nuclear Investment

Russian nuclear energy giant Rosatom is in discussions with Adani Group, Reliance Industries and NTPC as it seeks to expand its footprint in Indiaโ€™s atomic power sector, according to people familiar with the matter. The outreach underscores a broader push to bring private capital into a strategically sensitive industry that has long been dominated by the state.

5 min readRead โ†’

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