Utkarsh Small Finance Bank Reports Q1 FY26 Results
Utkarsh Small Finance Bank has announced its financial results for the quarter ended June 30, 2025. Approved at the Board meeting held on August 2, 2025, the results reflect a strategic shift towards secured lending, deposit growth, and network expansion, even as the bank reported a net loss during the quarter due to a prudent approach in the unsecured lending segment.Operational and Financial Highlights (Q1 FY26):Loan Book Performance: Gross loan portfolio stood at Rs 192.24 billion, registering a 2.3 per cent year-on-year (YoY) growth. The share of secured loans rose to 45 per cent of the to..
We aim to award road contracts worth Rs 3 trillion
India is accelerating its highway development with a sharper focus on execution speed, private participation, and quality. Shri Ajay Tamta, Minister of State for Road Transport and Highways of India, in an exclusive interview with Pratap Padode, Editor-in-Chief, Construction World, shares the Ministry's priorities and reform strategies. Excerpts from the conversation:In recent years, MoRTH has missed its annual road construction targets. How does the Ministry plan to make up for the backlog in awarding contracts and project execution?In recent years, the Ministry of Road Transport and Highways..
MOIL Posts Record July Production in FY26, Defies Weather Challenges
MOIL recorded a production of 1.45 lakh tonnes of manganese ore in July 2025, reflecting a robust 11.4 per cent increase over the corresponding period last year (CPLY).Demonstrating strong operational momentum, the company produced 6.47 lakh tonnes during the April–July 2025 period, up 7.8 per cent year-on-year. Sales stood at 5.01 lakh tonnes—10.7 per cent higher than CPLY. Exploratory drilling also rose to 43,215 metres, showing an 11.4 per cent improvement over the same period last year.Ajit Kumar Saxena, Chairman and Managing Director, congratulated the MOIL team for the remarkable per..
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