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Jayabharat Credit Ltd Overview
Fundamentals of Jayabharat Credit Ltd
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Jayabharat Credit Ltd
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About Jayabharat Credit Ltd
The main objects and activities of Jayabharat Credit Ltd (JCL) being investment and finance, hire-purchase and leasing it used to underwrite all kinds of general insurance business till Dec.'1987. It ... started hire-purchase and financing activities since May 1989. From 1981, the company commenced leasing operations. In 1988, the company ceased to be a subsidiary of New India Assurance company. During 1990-91, the company acquired its present name from Jayabharat Credit & Investment Company. In 1995-96 company secured registration from SEBI to act as Category I Merchant Banker. In 1996-97 the company got the rating 'MA' from M/s ICRA Ltd which denotes adequate safety i,e timely servicing of interest and principal. During the year 1999-2000, the company promoted Jayabharat Automobiles Ltd jointly with the Motor & General Finance Ltd with equity participation. The Company's Capital Adequacy Ratio is 30.35% as against the minimum requirement of RBI's 12% as on March 2001. Read More
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