|₹8.97 / ₹4.38|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
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.