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Religare Enterprises (BOM:532915) Credit Losses Provision : ₹0 Mil (As of Mar. 2024)


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What is Religare Enterprises Credit Losses Provision?

Religare Enterprises's credit losses provision for the three months ended in Mar. 2024 was ₹0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0 Mil.

Religare Enterprises Credit Losses Provision Historical Data

The historical data trend for Religare Enterprises's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Religare Enterprises Credit Losses Provision Chart

Religare Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Credit Losses Provision
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Religare Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Religare Enterprises Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Religare Enterprises (BOM:532915) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Religare Enterprises Ltd (BOM:532915) » Definitions » Credit Losses Provision
Comparable Companies
BOM:500271 SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU SHSE:601601 TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 TPE:2882 BOM:540777 BOM:540719 TSX:POW SHSE:601336 GL
Traded in Other Exchanges
RELIGARE:India
Address
Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020
Website
https://www.religare.com
Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

Religare Enterprises (BOM:532915) Headlines

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