Nexus Select Trust (NXST) achieves highest ever quarterly tenant sales and occupancy; Declares INR 2 per unit distribution for Q3 FY24 in-line with guidance

MUMBAI, 6 FEBRUARY, 2024 (NHM):  Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported strong results today for the third quarter ended December 31, 2023. 

Business Highlight (Q3 FY24)

• Strong operating and financial performance backed by highest ever quarterly tenant sales of INR 33 billion (8% YoY growth) 
• Leased 0.25M sf across 152 deals during Q3 FY24 achieving highest ever retail occupancy of 97.3%, improvement by 110 bps over December 2022
• Achieved NOI of INR 4,185 million (14% YoY growth) and on track to achieve FY24 guidance
• Refinanced debt of INR 9,500 million at 8.1% (compared to pre-refinancing average debt cost of 9.3%) resulting in an annual savings of ~INR 115 million
• Maintained a strong balance sheet with low LTV of 14%, attractive debt cost of 8.2%, AAA / Stable rating and no near-term debt maturity
• Maiden acquisition progressing well and on track to close after obtaining regulatory approvals

Dalip Sehgal, Executive Director and Chief Executive Officer at Nexus Select Trust, said, 

“Continuing the momentum of last two quarters, we are pleased to report another strong performance with highest ever quarterly tenant sales. During the quarter, we leased 0.25 million square feet achieving our highest ever retail occupancy of 97.3%. Our tenant sales grew by 8% YoY ahead of the market growth. Our net operating income grew by 14% YoY and we are on track to achieve our guidance for FY24. On the back of this strong operating and financial performance, we are delighted to announce our second distribution of INR 3,030 million translating to INR 2 per unit reflecting 100% payout for Q3 FY24. The acquisition of three Grade A consumption centres is on track and we expect the deal to close post regulatory approvals. We continue to deliver on our commitment to provide best in class retail infrastructure to over 1,000 domestic and international brands across our portfolio.”

The Board of Directors of Nexus Select Mall Management Private Limited, Manager to the Nexus Select Trust, at its Board Meeting held earlier today, declared a distribution of INR 3,030 million or INR 2 per unit for Q3 FY24. The record date for the Q3 FY24 distribution is February 14, 2024, and the distribution will be paid on or before February 21, 2024.

Investor Materials and Quarterly Investor Call Details

Nexus Select Trust has released a package of information on the quarterly results and performance, that includes (i) condensed consolidated and condensed standalone financial statements for the quarter ended December 31,2023, and (ii) an earnings presentation covering Q3 FY24 results. All these materials are available in the Investors section of their website at www.nexusselecttrust.com.

About Nexus Select Trust

Nexus Select Trust is India’s first publicly listed retail Real Estate Investment Trust (REIT). Our Portfolio comprises 17 best-in-class Grade-A urban consumption centres with a Gross Leasable Area of 9.9 million square feet spread across 14 cities in India, two complementary hotel assets (354 keys) and three office assets with a Gross Leasable Area of 1.3 million square feet. Our consumption centres have a tenant base of 1,000+ domestic and international brands spanning across ~3,000 stores. 

For more information, please visit www.nexusselecttrust.com.

Gem & Jewellery Export Promotion Council (GJEPC) The Artisan Awards 2024 Art Fest Slated for 12th-13th Feb at the Ice Factory

NATIONAL, 5^th FEBRUARY, 2024 (NHM):  Come and fall in love with Design once again this Valentine’s Day! The Year’s biggest Wearable Artworks & Crafts Design Fest will be celebrated at The Gem & Jewellery Export Promotion Council’s Artisan Design Jewellery Awards 2024 on 12-13 February at the Ice Factory, Ballard Estate in South Mumbai. Among many design themes, ‘Jewellery as Art’ will take centre-stage at the two-day event held on the eve of Valentine’s Day to celebrate people’s love and passion for art, design and jewellery. The Gem & Jewellery Export Promotion Council (GJEPC) is the apex body of trade in India, supported by the Ministry of Commerce & Industry. 

The final judging round for the 7th edition of The Artisan Awards 2024, Powered by GIA, was held on 22nd January, 2024. Of the 20 captivating and well-finished jewellery pieces, the jury picked out 6 winners from the two unconventional themes of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ This edition of The Artisan Awards received more than 600 entries from around the world including India, Canada, USA, Bahrain, Egypt, Dubai, and Pakistan. The largest-ever congregation of luminaries and aesthetes from the world of Arts, Crafts & Design; curators, art gallery owners and patrons; art school teachers, deans and students; socialites, celebrities, connoisseurs, architects, painters and sculptors; along with jewellery designers (experienced and young) will grace GJEPC’s Artisan Jewellery Awards 2024 gallery showcase at Ice Factory. 

The discussions will revolve around two exciting and unconventional themes ‘Unusual Materials’ and ‘Objet Trouvé’ of the 7th edition of GJEPC’s The Artisan Jewellery Awards 2024. The first theme, ‘Objet Trouvé’ (Found Objects) explores art crafted from visible yet frequently altered objects that are atypical yet serve as art materials due to their non-art function. 

A ‘found object’, whether it's natural, man-made, or even just a fragment, is preserved due to an inherent connection by the artist. It can be treated as a work of art in itself, and as a muse for inspiration. The idea was to design a piece of jewellery that depicts the essence of ‘Objet Trouvé’ by taking an object of your past and reimagining it in a modern form. Examples of 'found objects' could include vintage poker chips, antique coins, collected shells, vintage Venetian glass beads, buttons, and beachcombed shells. The second theme, ‘Unusual Materials’ encouraged designers to create a dialogue between the familiar and the unexpected by combining contrasting materials with at least 50% precious materials. Unusual materials could include cement, titanium, wood, porcelain, bamboo, slate, meteorite, glass, recycled plastic, leather and more. 

Vipul Shah, Chairman, GJEPC, stated, “GJEPC’s vision extends beyond the conventional, aiming to redefine the landscape of jewellery design. Through the Artisan Jewellery Design Awards competition, India seeks to elevate itself and position as the global premier design hub, aligning with the government’s campaign of Design in India. Through this design competition, GJEPC reaffirms its commitment to encourage an environment that will nurture the creative spark within designers.” 

Milan Chokshi, Convener, Promotion & Marketing, GJEPC, adds, “Each year, we strive to introduce a distinctive theme, challenging participants by collaborating with curators to elevate their engagement. Over the past seven years, the Artisan Awards have assumed increasing significance globally, with India recognising them as the most coveted accolade. This prestigious award serves as a driving force, inspiring designers, budding students, and manufacturers to create thematic jewels at the highest echelon. The quality of production within this thematic framework is truly remarkable.” 

The esteemed jury comprised Alice Cicolini, renowned UK jewellery designer; Biren Vaidya, Managing Director, The Rose Group; Payal Singhal, Fashion Designer; Apoorva Deshingkar, GIA India - Senior Director of Education and Market Development; and Toktam Shekarriz, Dubai-based jewellery designer. The technical jury comprised of Devinder Layal (Jewellery Artiste and educationist), Meenal Choksi (Head of Design, Moksh Fine Unseen Jewellery); Sushama Kalzunkar Sawant (PD & Merchandising Head, Dia Gold Creations); Janki Choksi (Founder, Janki Choksi Designs); Gunjan Sapra (COO & Head of Department, Jewellery Designs, International Institute of Gemology, and a GIA Instructor) to honour the best and most talented jewellery designers. 

Alice Cicolini said, “As a jewellery designer, the prospect of an award process like this is truly invigorating. I find great excitement in witnessing competitions that encourage designs using more unconventional materials and explore global trends. The freedom afforded to India's young designers through these themes is commendable and inspiring. Personally, there are a couple of pieces from today that stand out to me as not only intriguing designs but also impeccably crafted. “Having worked in India for nearly two decades, I can attest that it stands as one of the most extraordinary nations for jewellery production, boasting incredible craftsmanship. Witnessing the remarkable work emerging from this country is always a source of excitement. Moreover, it is refreshing to see young jewellery designers break free from traditional constraints, allowing their imaginations to take flight—an approach actively encouraged by institutions like this one. Design, being a commercial art form, requires assurance that there is a market for innovative work.” 

Payal Singhal was fascinated by the exploration of innovative materials and the creation of pieces that could endure for generations. Reflecting on India's design and manufacturing talent, Singhal noted, “The Artisan Awards showcase a remarkable standard. The ability to work with challenging materials and produce versatile, aesthetically pleasing, and finely crafted jewellery is a testament to the high level of expertise present in our country. The innovation displayed at the awards reinforces my belief that India possesses superior capabilities in terms of design, quality, and finishing. 

 “As for elevating jewellery into wearable art, initiatives like The Artisan Awards play a crucial role. By encouraging designers to view jewellery as an artistic expression rather than just ceremonial or status symbols, we encourage a shift towards wearable art. Supporting and motivating young designers and jewellery brands to embrace this perspective will contribute to the evolution of jewellery as a form of artistic expression rather than merely a complement to attire or a symbol of status.” 

About The Gem and Jewellery Export Promotion Council (GJEPC): 

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today around 9,600 members in the sector. With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.Ends

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Youtube: www.youtube.com/gjepcindia
Twitter: www.twitter.com/GJEPCIndia 

Union Budget 2023-24 Reaction by Shri Vipul Shah, Chairman, GJEPC

MUMBAI, 2nd FEBRUARY, 2024 (NHM):  Gem & Jewellery Export Promotion Council (GJEPC) applauds the pro-reform and export growth-oriented budget by Hon. Finance Minister Smt. Nirmala Sitharaman under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi. We would like to thank Hon’ble Minister of Commerce & Industry Shri Piyush Goyal for his continuous support and guidance to the industry.

In the first Budget of Amritkaal, Hon. Finance Minister has listed 7 priorities as she outlined people-centric agenda of ease of living and doing business to take on global challenges as well as for stimulating exports. 

GJEPC thanks the Government for accepting its recommendation to promote indigenous manufacturing in the emerging Lab-Grown Diamond (LGD) sector by providing Research Grants to IIT for 5 years. GJEPC welcomes the reduction of Customs Duty on LGD seeds to zero from 5%. It will ensure India’s end-to-end world leadership in rough to finished lab-grown diamond and jewellery manufacturing.  In addition to that Govt. has also accepted to have clear segregation Customs (IT HS) codes for Silver and Platinum studded Lab grown jewellery for better differentiation and identification at consumer level.

Another positive pro-growth move is that the conversion of physical gold into digital gold will not attract capital gains tax. 

The increase in the allocation for the Interest Equalization Scheme from Rs. 2,376 crore in 2022-23 to Rs. 2,932 crore in 2023-24, up by 23%, will help in supporting exports particularly by MSMEs and may result in increasing the subvention support as demanded by the exporters in view of rising interest rates.

The Rs 13.7 lakh crore investment for infrastructure by the Government is a big positive step for the country. This will unleash the potential of Indian Economy. 

GJEPC welcomes the move to increase the duty on articles (jewellery) of precious metals such as gold/silver and platinum from 20% to 25% (+Nil AIDC +2 SWS). However we are seeking clarification regarding import duty on findings which are raw material in character for manufacture of jewellery. Union Finance Minister has also rationalised the import duty on silver by proposing to increase the import duty on silver dore, bars and articles to align them with that on gold and platinum.  However that will have a net effect of increase of around 5% duty at import level for silver resulting in increase of price for silver products domestically.

The industry had recommended Reduction in Import Duty on Gold/Silver and platinum which has not been considered in the Budget. Council will continue to pursue the same with the Government for the overall welfare of the industry.

The enhancement of Income Tax limit to Rs. 7 lakh will benefit workers in the gem & jewellery industry. Reduction in surcharge in the highest Income Tax slab will reduce maximum tax rate to 39% (from 42.74%) will benefit jewellers.  

We hope PM Vishwa Karma Kaushal Samman package of assistance for traditional artisans and craftspeople will be extended to the 5,000 year old indigenous gem & jewellery industry.   

We appreciate the emphasis on exports, which are a key growth magnet in growth of the economy. GJEPC welcomes the revamped Credit guarantee scheme for MSMEs and the Government’s assurance of returning 95 per cent of forfeited amount to the enterprises in event of contract failure during covid-19 by MSMEs.  

The Government’s Union Budget for FY24 reflects its long-term vision to spur the country’s march as a leading global economy all the way till India@100.Ends

Apollo Cancer Centres Launches 'Unmask Cancer', an Initiative to Tackle Societal Biases Against Cancer Patients & Survivors

This thought-provoking campaign is to foster a culture of equality and empathy within the society

NAVI MUMBAI, 2 FEBRUARY, 2024 (TGN)– In a poignant exploration of life post-cancer, Apollo Cancer Centres (ACCs) proudly introduces 'Unmask Cancer,' a groundbreaking campaign aimed at unravelling the truth about cancer, dispelling myths, and fostering empathy within the society. As World Cancer Day approaches, ACCs takes a bold step to address the unfortunate reality of discrimination faced by cancer winners.

'Unmask Cancer' is the journey of cancer winners who, despite showcasing exceptional skills and qualifications, grapple with the societal biases stemming from their cancer history. The campaign sheds light on the pervasive fear of prejudice, pushing individuals to conceal this vital aspect of their lives, thus echoing the experiences of countless others facing discrimination.

In this pioneering initiative, the Indian Cancer Society-a support group dedicated to the cause of fighting cancer across India since 1951, echoes the intent behind unmasking cancer. It underscores the critical role of emotional well-being in the fight against cancer and address the societal biases faced by survivors. 

The 'Unmask Cancer' initiative unveils a thought-provoking social experiment video that delves into the profound consequences of discrimination across various facets of life. Featuring individuals from diverse backgrounds, including societal, corporate, and appearance-related biases, the video culminates with only a few brave cancer winners unmasking themselves due to the support they received from their families and friends.

To create awareness and drive a meaningful change within the society including the corporate world, ACCs takes 'Unmask Cancer' initiative to the corporate sector and society at large. In addition, a Cancer Sensitization Session led by oncologists and survivors will be introduced. The session will provide an opportunity to understand the disease and break the stigma, and nurture empathy. With an aim to empower participants and enthusiasts with practical skills for a positive change in life and within the society, the session will be available both online and offline..This engagement will help in fostering a culture of equality and empathy among the people.

Dr. Anil D’Cruz- Sr. Consultant & Director Oncology, Apollo Cancer Centres Navi Mumbai, said, "Our mission at ACC goes beyond providing world-class medical care. Emotional well-being of patients and their families is also an important aspect of cancer treatment. We believe in championing the rights of every individual, irrespective of their medical history.  'Unmask Cancer' is a testament to our dedication to creating a society that supports and uplifts cancer survivors."

Mr. Ronigas Orgin, Cancer Winner, said, "Hiding the history of my cancer due to fear of discrimination was a burden I carried for years. 'Unmask Cancer' allowed me and my family to share our story and inspire others to do the same. It's time for the society to recognize the strength and resilience of cancer survivors."

Emphasizing on the significance of this campaign, Dr. Rituparna Ghosh-Consultant Senior Clinical Psychologist, Apollo Hospitals Navi Mumbai, said, "Discrimination against cancer survivors not only hampers their professional and personal lives but it also poses a significant threat to their mental and emotional well-being. 'Unmask Cancer' is an unprecedented approach to sensitize society to this critical issue and pave the way for a more compassionate world."

Ms Preeti Phad, associated with Survivorship & Rehabilitation vertical at the Indian Cancer Society, said, "Psychosocial support is crucial in the journey even after cancer treatment. 'Unmask Cancer' aligns perfectly with our mission to provide holistic care, addressing both the physical and emotional aspects of survivorship."

Mr. Santosh Marathe- Regional CEO Western Region, Apollo Hospitals said, “Apart from the challenges faced by patients detected with cancer and their treatment, they also face discrimination in the society. Unmask cancer is a unique initiative to create awareness and encourage cancer winners to unmask and portray their triumph over cancer. This is a movement to change mind-sets both for the patients themselves and the society at large.”

This initiative serves as a powerful testament to ACCs’ commitment to life beyond cancer treatment. As the campaign unfolds, 'Unmask Cancer' promises to initiate a transformative dialogue, sparking empathy and paving the way for a world where cancer survivors can live, unmasked.Ends

बजेट नंतरची प्रतिक्रिया

मुंबई, 1 फेब्रुवारी, 2024 (NHM): अर्थमंत्री निर्मला सीतारामन यांनी रेखांकित केलेल्या अंतरिम केंद्रीय अर्थसंकल्प 2024 ची घोषणा पूर्ण झाल्यामुळे मोठे औद्योगिक दिग्गज आणि टायकून यांनी त्यांच्या अर्थसंकल्पानंतरच्या प्रतिक्रिया व्यक्त केल्या आहेत

मदन सबनवीस, मुख्य अर्थतज्ज्ञ, बँक ऑफ बडोदा. अर्थसंकल्पाने राजकोषीय विवेकाच्या मार्गावर चालण्याचे काम केले आहे आणि वित्तीय वर्ष 2025 साठी 5.1% तुटीचे लक्ष्य सूचित केले आहे. आर्थिक वर्ष 2024 साठी तुटीचे प्रमाण 5.9% ऐवजी 5.8% राखण्यात सरकारला यश आले, हे लक्षात घेता, जरी विभाजक कमी होता, हे एक व्यावहारिक लक्ष्य दिसते. FY26 मध्ये 4.5% चे लक्ष्य गाठले जाण्याची शक्यता दिसते.उपलब्ध असलेल्या वित्तीय जागेच्या मर्यादेत, सरकार कॅपेक्ससाठी पुरेसे चॅनेलिंग करत आहे जे अतिरिक्त एकूण खर्चाच्या जवळपास 40% आहे. हे रस्ते, रेल्वे आणि संरक्षण क्षेत्राकडे निर्देशित केले जात आहे आणि पोलाद, सिमेंट, भांडवली वस्तू इत्यादी उद्योगांशी त्याचा सकारात्मक संबंध परिणाम होऊ शकतो. राज्यांना केंद्राकडून सुमारे 1.3 लाख कोटी रुपये मिळत राहतील आणि त्यातही त्यांचा खर्च वाढ होण्याची अपेक्षा आहे. बँकिंग दृष्टीकोनातून, कमी सकल कर्ज घेण्याचा कार्यक्रम चांगला आहे आणि त्यामुळे निधीच्या उपयोजनासाठी प्रणालीवर कमी दबाव असेल.

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रेनॉल्ट इंडिया:- श्री. वेंकटराम ममिल्लापल्ले, कंट्री सीईओ आणि व्यवस्थापकीय संचालक, रेनॉल्ट इंडिया ऑपरेशन्स.  “अंतरिम केंद्रीय अर्थसंकल्प 2024 ची घोषणा पूर्ण झाल्यामुळे, रेनॉल्ट इंडियाने अर्थमंत्री निर्मला सीतारामन यांनी रेखांकित केलेल्या परिवर्तनात्मक दृष्टीकोनाचा स्वीकार केला आहे, 2047 पर्यंत 'विक्षित भारत'कडे वाटचाल करत आहे. देशाच्या प्रगतीसाठी वचनबद्ध योगदानकर्ता म्हणून, आम्ही पुढाकारांमध्ये प्रतिबिंबित झालेल्या सर्वसमावेशक दृष्टिकोनाचे कौतुक करतो. फसल विमा योजनेप्रमाणे, 4 कोटी शेतकऱ्यांना लाभ मिळवून देत, ग्रामीण समृद्धीसाठी सरकारचे समर्पण दर्शविते.रेनॉल्ट इंडिया शाश्वत मोबिलिटीमध्ये तिची महत्त्वाची भूमिका ओळखून, ई-वाहन इकोसिस्टमला प्रगतीपथावर नेण्यासाठी उत्साहाने समर्थन करते. विस्तारित उत्पादन आणि चार्जिंग इन्फ्रास्ट्रक्चरचे वचन नाविन्यपूर्ण, इको-फ्रेंडली सोल्यूशन्स वितरीत करण्याच्या वचनबद्धतेसह अखंडपणे संरेखित होते. शिवाय, सार्वजनिक वाहतुकीसाठी ई-बसवर भर, हिरवेगार, अधिक शाश्वत भविष्य निर्माण करण्याच्या आकांक्षांचे प्रतिध्वनित करते. रेनॉल्ट इंडिया सकारात्मक बदल घडवून आणण्यासाठी आणि समृद्ध आणि शाश्वत भारताच्या प्राप्तीसाठी योगदान देण्यासाठी सक्रियपणे सहभागी होण्यासाठी आणि सहयोग करण्यास तयार आहे.”

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डॉ. सुधीर मेहता, संस्थापक आणि अध्यक्ष पिनॅकल इंडस्ट्रीज आणि एका मोबिलिटी.  अर्थव्यवस्थेची शाश्वत वाढ आणि बळकटीकरणासाठी केंद्र सरकारने आपली वचनबद्धता पुन्हा कायम ठेवली आहे. पायाभूत सुविधांच्या विकासासाठी 11.11 लाख कोटींचे भांडवली वाटप आर्थिक विकास आणि समृद्धी वाढविण्यात महत्त्वपूर्ण भूमिका बजावेल. याव्यतिरिक्त, पायाभूत सुविधांमधील गुंतवणुकीमुळे नोकऱ्या निर्माण होतात, वस्तू आणि सेवांच्या मागणीला चालना मिळते आणि खाजगी-क्षेत्राती कुशल तरुणांसाठी नोकऱ्या निर्माण होतात.

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श्री नेमिन व्होरा, सीईओ, ओडिसी इलेक्ट्रिक व्हेइकल्स

“अंतरिम केंद्रीय अर्थसंकल्प 2024 नंतर, आम्ही 2047 पर्यंत 'विकसित भारत'साठी सरकारच्या व्हिजनचा उत्साहाने स्वीकार करतो. इलेक्ट्रिक वाहन (EV) उत्पादक म्हणून, आम्ही उत्पादन आणि चार्जिंग द्वारे समर्थित ई-वाहन इकोसिस्टमचा विस्तार करण्यावर धोरणात्मक लक्ष केंद्रित केले आहे. सुधारणा पन्नास वर्षांच्या व्याजमुक्त कर्जासह एक लाख कोटी रुपयांच्या निधीद्वारे संशोधन आणि नाविन्यपूर्णतेसाठी अर्थसंकल्पाची वचनबद्धता, शाश्वत मोबिलिटी सोल्यूशन्ससाठी आमच्या ध्येयाशी अखंडपणे संरेखित, आमच्या तंत्रज्ञान-जाणकार तरुणांसाठी सुवर्ण युग दर्शवते.

"जय जवान जय किसान जय विज्ञान" चा पंतप्रधान मोदींचा दूरदर्शी विस्तार भारताच्या विकासात नाविन्याची महत्त्वाची भूमिका अधोरेखित करतो. तंत्रज्ञान आणि शाश्वततेच्या सीमांना पुढे ढकलण्यासाठी आमच्या कौशल्याचा उपयोग करून, अभूतपूर्व वाढीच्या या युगात योगदान देण्यासाठी आम्ही तयार आहोत. 'सबका विश्वास' सह पुढील पाच वर्षात प्रवेश करत असताना, 'सबका प्रयास' द्वारे समर्थित लोकसंख्या, लोकशाही आणि विविधता या त्रिमूर्तीमध्ये प्रत्येक भारतीयाच्या आकांक्षा पूर्ण करण्याची क्षमता आहे.

-Ends

बँक ऑफ बडोदाने जाहीर केले 31 डिसेंबर 2023 रोजी समाप्त तिमाहीचे आर्थिक निकाल

मुंबई, 1 फेब्रुवारी, 2024 (NHM): बँक ऑफ बडोदाने जाहीर केले Q3FY24 आर्थिक निकाल -

आर्थिक वर्ष 24च्या नऊमाहीत बीओबीने केली 38.2 टक्के एवढ्या दमदार वाढीची नोंद, निव्वळ नफा 12,902 कोटी रुपयांवर

ठळक वैशिष्ट्ये 31 डिसेंबर 2023 रोजी उपलब्ध आकडेवारीनुसार, जागतिक व्यवसायात 10.7 टक्क्यांनी वाढ होऊन तो 22,94,627 कोटी रुपयांवर पोहोचला आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीतील (क्यू3) निव्वळ नफा 4,579 कोटी रुपये, मागील वर्षाच्या तुलनेत 18.8 टक्के वाढ तिमाहीतील मालमत्तेवरील परतावा (रिटर्न ऑन असेट्स अर्थात आरओए) 1.20 टक्के, आर्थिक वर्ष 24च्या नऊमाहीत आरओए 1.15 टक्के इक्विटीवरील परतावा (आरओई) मागील वर्षाच्या तुलनेत 168 बीपीएसने वाढून, आर्थिक वर्ष 24च्या नऊमाहीत 18.70 टक्क्यांवर नफाक्षमतेतील वाढीला निकोप कार्यात्मक उत्पन्नवाढीचा आधार मिळाला, आर्थिक वर्ष 24च्या नऊमाहीत मागील वर्षाच्या तुलनेत 18.8 टक्के वाढ आर्थिक वर्ष 24च्या नऊमाहीत व्याजेतर उत्पन्नात 1.5 पटींनी वाढ होऊन कार्यात्मक उत्पन्न वाढीला चालना मिळाली, हे उत्पन्न 10,304 कोटी रुपयांपर्यंत गेले उत्पन्नातील निकोप वाढीला ओपेक्समधील नियंत्रित वाढीची जोड मिळाल्यामुळे, आर्थिक वर्ष 24च्या नऊमाहीत, कार्यात्मक नफ्यामध्ये 21.7 टक्के एवढी निकोप वाढ झाली आर्थिक वर्ष 24च्या नऊमाहीत खर्च व उत्पन्नाचे गुणोत्तर मागील वर्षाच्या तुलनेत 123 बीपीएसने घटून 47.13 टक्क्यांवर आले जागतिक निव्वळ व्याज अंतरामध्ये (एनआयएम) सलग सुधारणा होऊन ते 3 बीपीएसने वाढले, आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत ते 3.10 टक्के होते, आर्थिक वर्ष 24च्या दुसऱ्या तिमाहीत ते 3.07 टक्के होते आर्थिक वर्ष 24च्या नऊमाहीतील निव्वळ व्याज अंतर (एनआयएम) 3.14 टक्के आहे बीओबीच्या असेट दर्जामध्ये लक्षणीय सुधारणा झाली असून, जीएनपीएमध्ये मागील वर्षाच्या तुलनेत 145 बीपीएसने कपात झाली आहे, आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत जीएनपीए 4.53 टक्के होते, ते आर्थिक वर्ष 24च्या तिमाहीत 3.08 टक्के झाले आहे बँकेचे एनएनपीए आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत 0.99 टक्के होते, त्यात 29 बीपीएसने घट होऊन आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत ते 0.70 टक्क्यांवर आले आहे बीओबीचा ताळेबंद, टीडब्ल्यूओसह 93.39 टक्के आणि टीडब्ल्यूओ वगळता 77.70 टक्के, एवढ्या निकोप तरतूद संरक्षण गुणोत्तरासह (पीसीआर), दमदार आहे आर्थिक वर्ष 24च्या नऊमाहीत पत खर्च 1 टक्क्यांहून कमी म्हणजेच 0.69 टक्का होता, तर या तिमाहीमध्ये तो 0.39 टक्का होता. 31 डिसेंबर 2023 रोजी उपलब्ध आकडेवारीनुसार, रोखता संरक्षण गुणोत्तर (एलसीआर) 133 टक्के एवढे निकोप होते बीओबीच्या जागतिक कर्जांमध्ये, आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत, मागील वर्षाच्या तुलनेत 13.6 टक्के वाढ झाली. रिटेल कर्जपुस्तिकेत झालेल्या दमदार वाढीमुळे जागतिक कर्जांमध्ये वाढ झाली. वाहनकर्ज (24.3 टक्के), गृहकर्ज (15.6 टक्के), व्यक्तिगत कर्ज (60.8 टक्के), तारणावरील (मॉर्गेज) कर्ज (10.5 टक्के), शैक्षणिक कर्ज (18.3 टक्के) आदी विभागांतील उत्तम वाढीमुळे, बँकेच्या ऑरगॅनिक रिटेल अॅडव्हान्सेसमध्ये 22 टक्क्यांनी वाढ झाली आहे.

नफाक्षमता

• बीओबीने आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत 4,579 कोटी रुपये एवढ्या स्टॅण्डअलोन निव्वळ नफ्याची नोंद केली. आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत हा आकडा 3,853 कोटी रुपये होता. आर्थिक वर्ष 24च्या नऊमाहीतील निव्वळ नफा 12,902 कोटी रुपये (+38.2 YoY) होता. आर्थिक वर्ष 23च्या नऊमाहीत तो 9,334 कोटी रुपये होता.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत निव्वळ व्याज उत्पन्न (एनआयआय) मागील वर्षाच्या तुलनेत 2.6 टक्क्यांनी वाढून 11,101 कोटी रुपयांवर पोहोचले. आर्थिक वर्ष 24च्या नऊमाहीतील एनआयआयमध्ये  10.4 टक्के होऊन तो 32,929 कोटी रुपये झाला आहे.
• आर्थिक वर्ष 24च्या नऊमाहीत व्याजेतर उत्पन्न मागील वर्षाच्या तुलनेत 57.1 टक्क्यांनी वाढून 10,304 कोटी रुपये झाले आहे.
• जागतिक एनआयएमध्ये सलग सुधारणा होत आहे. आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत तो 3 बीपीएसने सुधारून 3.10 टक्के झाला आहे. आर्थिक वर्ष 24च्या नऊमाहीतील जागतिक एनआयएम 3.14 टक्के आहे.
• वित्तीय संस्थांना दिलेल्या आगाऊ रकमांवरील (अॅडव्हान्सेस) उत्पन्न आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत 8.51 टक्क्यांपर्यंत गेले आहे. आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत ते 7.78 टक्के होते.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत ठेवींचा खर्च वाढून 4.96 टक्के झाला, आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीमध्ये तो  4.01 टक्के होता.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत कार्यात्मक उत्पन्न 13,912 कोटी रुपये होते. आर्थिक वर्ष 24च्या नऊमाहीतील कार्यात्मक उत्पन्न 43,233 कोटी रुपये होते. त्यामध्ये 18.8 टक्के वाढ झाली.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत कार्यात्मक नफा 7,015 कोटी रुपये होता. (आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत एमटीएमचा प्रभाव वगळता, तिमाही कार्यात्मक नफा 7,482 कोटी होता, तर आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत तो 7,307 कोटी रुपये होता.)
• आर्थिक वर्ष 24च्या नऊमाहीत कार्यात्मक नफा 21.7 टक्क्यांनी वाढून 22,859 कोटी रुपये झाला.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत उत्पन्न व खर्च ह्यांच्यातील गुणोत्तर 49.57 टक्के होते.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत मालमत्तेवरील परतावा अर्थात आरओएमध्ये  (वार्षिक) सुधारणा होऊन तो 1.20 टक्के झाला. आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत तो 1.13 टक्के होता.
• इक्विटीवरील परतावा आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत 19.91 टक्के होता. आर्थिक वर्ष 24च्या नऊमाहीत, आरओईमध्ये मागील वर्षाच्या तुलनेत 168 बीपीएसने वाढ होऊन तो 18.70 टक्के झाला.
• एकत्रित घटक म्हणून, आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत निव्वळ नफा  4,789 कोटी रुपये होता, आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत हा आकडा 4,306 कोटी रुपये होता.

असेटचा दर्जा

• आर्थिक वर्ष 24 मध्ये एकूण एनपीए (बुडीतकर्जे) मागील वर्षाच्या तुलनेत 22.8 टक्क्यांनी घटून 32,318 कोटी रुपयांवर आला, तर एकूण एनपीए गुणोत्तर सुधारून 3.08 टक्के झाले, आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत ते 4.53 टक्के होते.
• बँकेचे निव्वळ एनपीए गुणोत्तर आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत अगदीच कमी म्हणजे 0.70 टक्का होते, आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत ते  0.99 टक्का होते.
• आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत बँकेचे तरतूद संरक्षण गुणोत्तर अर्थात पीसीआर टीडब्ल्यूओसह 99.39 टक्के, तर टीडब्ल्यूओ वगळता 77.70 टक्के होते.
• आर्थिक वर्ष 24च्या नऊमाहीत नवीन कर्जे बुडवले जाण्याचे प्रमाण (स्लिपेज रेशो) 1.06 टक्के होते, आर्थिक वर्ष 23च्या नऊमाहीत ते 1.22 टक्के होते. आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीतील स्लिपेज रेशो 0.95 टक्का म्हणजेच 1 टक्क्याहून कमी होता. आर्थिक वर्ष 23च्या तिसऱ्या तिमाहीत स्लिपेज रेशो 1.05 टक्के होता.
• पतखर्च, आर्थिक वर्ष 24च्या तिसऱ्या तिमाहीत 0.39 टक्का, तर आर्थिक वर्ष 24च्या नऊमाहीत 0.69 टक्का होता.

भांडवल पर्याप्तता

• बँकेचा सीआरएआर डिसेंबर’23 मध्ये 14.72 टक्के होता. डिसेंबर’23मधील आकडेवारीनुसार, श्रेणी-I 12.67 टक्क्यांवर, (सीईटी-1 11.11 टक्के, एटी1 1.56 टक्के) आणि श्रेणी-II 2.05 टक्के होता.
• एकत्रित कंपनीचे सीआरएआर आणि सीईटी-1 अनुक्रमे  15.14 टक्क्यांवर व  11.62 टक्क्यांवर होते.
• रोखता संरक्षण गुणोत्तर (एलसीआर) एकत्रित निकषावर 133 टक्के होते.

व्यवसायाची कामगिरी

• बँकेचे जागतिक अॅडव्हान्सेस मागील वर्षाच्या तुलनेत 13.6 टक्क्यांनी वाढून 10,49,327 कोटी रुपये झाले.
• बँकेचे देशांतर्गत अॅडव्हान्सेस मागील वर्षाच्या तुलनेत 13.4 टक्क्यांनी वाढून 8,62,086 कोटी रुपयांवर गेले.
• जागतिक ठेवी मागील वर्षाच्या तुलनेत 8.3 टक्क्यांनी वाढून 12,45,300 कोटी रुपयांवर गेल्या.
• डिसेंबर’23 मधील आकडेवारीनुसार, देशांतर्गत ठेवी मागील वर्षाच्या तुलनेत 6.3 टक्क्यांनी वाढून 10,67,371 कोटी रुपयांवर गेल्या.
• डिसेंबर’23 मधील आकडेवारीनुसार, आंतरराष्ट्रीय ठेवींमध्ये गेल्या वर्षाच्या तुलनेत 22.1 टक्क्यांनी वाढ होऊन त्या 1,77,929 कोटी रुपयांवर गेल्या.
• वाहनकर्ज (24.3%), गृहकर्ज (15.6%),व्यक्तिगत कर्ज (60.8%), तारणावरील (मॉर्गेज) कर्ज (10.5%), शैक्षणिक कर्ज (18.3%) ह्या महत्त्वपूर्ण विभागांतील वाढीच्या जोरावर ऑरगॅनिक रिटेल अॅडव्हान्सेसमध्ये 22 टक्क्यांनी वाढ झाली.
• कृषीकर्जांचा पोर्टफोलिओ मागील वर्षाच्या तुलनेत 12.6 टक्क्यांनी वाढून 1,34,240 कोटी रुपयांवर पोहोचला आहे.
• सुवर्ण कर्जाचा एकूण पोर्टफोलिओ (रिटेल व कृषी कर्जांसह) 45,074 कोटी रुपयांवर पोहोचला असून, त्यात मागील वर्षाच्या तुलनेत 28.3 टक्के वाढ झाली आहे.
• ऑरगॅनिक एमएसएमई कर्जांचा पोर्टफोलिओ मागील वर्षाच्या तुलनेत 12.6 टक्क्यांनी वाढून 1,15,995 कोटी रुपयांवर पोहोचला आहे.
• कॉर्पोरेट अॅडव्हान्सेसमध्ये मागील वर्षाच्या तुलनेत 10.2 टक्के वाढ होऊन ते 3,62,813 कोटी रुपये झाले आहेत.

 

INDIAN STREET PREMIER LEAGUE (ISPL) CO-OWNERS BID A RECORD INR 1165 CRORES FOR SIX CITY TEAMS

 

~ The “Invitation to Bid” saw an enthusiastic response from aspiring bidders with Srinagar garnering the highest bid of INR 251 cr. from SG Sports ~

MUMBAI, JANUARY 31, 2024 (NHM): The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, today announced the results of the ‘Invitation to Bid’ for Co-Owners of the six city teams. The enthusiastic response from bidders saw a record of INR 1165 cr. being bid for the six city teams with Akshay Kumar’s Team Srinagar garnering the highest bid of Rs.251 cr. from Mr. Sanjay Gupta & Mr. Rohan Gupta’s SG Sports Pvt. Ltd.

The other winning bids were Rs.225 cr. from Mr. Venkat K Narayana’s KVN Enterprises LLP for Hrithik Roshan’s Team Bangalore; Rs.205.6 cr. from Ms. Neeti Agrawal’s PATH India Ltd. for Amitabh Bachchan’s Team Mumbai; Rs.200 cr. from Mr. Irfan Razack’s INR Holdings for Ram Charan’s Team Hyderabad; Rs.163.6 cr. from Mr. Rajdipkumar Gupta & Mr. Sandipkumar Gupta for Suriya’s Team Chennai; and Rs.120 cr. from Ms. Aksha Kamboj’s Aspect Global Ventures Pvt. Ltd. for Saif Ali Khan and Kareena Kapoor’s Team Kolkata.

Master Blaster Sachin Tendulkar, Investor and Core Committee Member, ISPL said, “The Co-Owners will play an important part in realising ISPL’s core vision of encouraging and finding emerging cricketing talent through a professional league format with a tennis ball. I wish them all the best as they embark on this new association with the game!”

Ashish Shelar, Core Committee Member, ISPL said, "It is our privilege to welcome the Co-Owners to the ISPL family. I am sure that they will treasure the journey as we together transform the game of T10 cricket in India and take it to new heights!”

Amol Kale, Core Committee Member, ISPL said, “The enthusiastic response to the ‘Invitation to Bid’ has given us the confidence that the unique format of the ISPL T10 league, which brings together sports and entertainment, will attract a huge audience. We look forward to the new Co-Owners contributing to the success of the league!"

Suraj Samat, ISPL Commissioner said, "We are pleased to welcome the new Co-Owners on board the ISPL Cricket League. I can promise that every stakeholder, along with the superstar celebrity owners, is in for a spectacular cricketing experience that is the first of its kind in the country."

The “Invitation to Bid” (ITB) had a base price of INR 10 Lakhs and the final bids totalling to INR 1165.2 cr. are a testament to the strength of the format and its potential to create an exciting new brand in the world of cricket.

The inaugural edition of ISPL will see the first matches in the series being played between 6th to 15th March 2024 in Mumbai, bringing a twist of entertainment to the game of cricket! 

About the Indian Street Premier League (ISPL)

The Indian Street Premier League (ISPL) is India’s pioneering T10 cricket league played with a tennis ball inside a stadium. It aims to capture the essence and excitement of street cricket while providing a professional platform for undiscovered cricketing talent across the country. The league has teams owned by celebrities representing different cities in India. The teams compete in a format with matches that include a round-robin phase followed by playoffs. 

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