20th May 2023 Bangalore: The Board of Directors of PNB Housing Finance Limited today approved the Consolidated Audited Financial Results for the quarter and fiscal year ended 31st March 2023. The financial numbers are based on IndAS.

Key Highlights

• Successfully completed Rights Issue of INR 2,493.76 Crore in May 2023. The issue was subscribed by around 1.21 times. The issue witnessed participation from all top 4 shareholders and other large domestic and foreign institutional investors. The proceeds from Rights Issue will be utilized to fund strategic growth plans and capitalize on the available growth opportunities.

• Retail Loan Asset grew by 10% YoY to INR 55,471 Crore as on 31st March 2023, which is 93.6% of Loan Asset

• Loan Asset is at INR 59,273 crore as on 31st March 2023 as compared to INR 58,034 crore as on 31st Dec 2022

• Gross NPA declined by 430 bps to 3.83% as on 31st Mar 2023 as compared to 8.13% as on 31 st March 2022

– Retail GNPA declined by 133 bps to 2.57% as on 31st March 2023 as compared to 3.89% as on 31st March 2022

• Affordable segment presence expanded to 82 branches & outreaches as on 31st Mar 2023

• Capital Risk Adequacy Ratio stood at 24.4% as on 31st March 2023; Tier I at 22.4%

• ICRA, CRISIL & India Ratings has upgraded the outlook to ‘Stable’ from ‘Negative’ in FY23

Financial performance (Q4 FY22-23 vs Q4 FY21-22 and Q3 FY22-23)

• Profit after Tax increased by 65% YoY and 4% QoQ to INR 279 crore.

• Net Interest Income improved by 57% YoY and declined by 19% QoQ to INR 593 crore. Excluding the one-off impact in Q3FY23, the NII declined by 5% QoQ

• Operating expenditure increased by 23% YoY and 15% QoQ to INR 143 crore

• Pre provision Operating Profit improved by 32% YoY and declined by 22% QoQ to INR 487 crore.

• Spread on loans declined by 118 bps to 2.65% in Q4 FY23 as compared to 3.83% in Q3 FY23. There was a “one-off” of INR 104 crore in Q3 FY23. After adjusting the “one-off” the Spread declined by 43 bps. The Company has increased its lending rates by ~30 bps in April 2023 that should help in arresting the decline.

• Net Interest Margin at 3.74% and Gross Margin, net of acquisition cost, at 3.83% in Q4 FY23.

Financial performance (FY22-23 vs FY21-22)

• Profit after Tax is at INR 1,046 crore vs INR 836 crore registering an increase of 25% YoY

•Net Interest Income stood at INR 2,346 crore compared to INR 1,869 crore registering an increase of 26%.

• Operating Expenditure is at INR 520 crore vs INR 457 crore registering an increase of 14%.

• Pre provision Operating Profit increased by 24% to INR 2,052 crore from INR 1,660 crore.

• ECL provision as on 31 st Mar 2023 is INR 1,433 crore; total provision to assets ratio at 2.42%.

• Spread on loans stood at 2.81% compared to 2.12 % for FY22.

• Net Interest Margin stood at 3.73% as compared to 2.80% in FY22.

• Gross Margin, net of acquisition cost, is at 4.06% as compared to 3.16% in FY22.

• Return on Asset is at 1.61% as compared to 1.24% in FY22.

• Gearing, as on 31 st Mar 2023, reduced to 4.87 compared 5.37 as on 31st Mar 2022

• Return on Equity at 9.98% as compared to 8.92% for FY22

Business Operations

• The disbursements during FY23 grew by 33% YoY to INR 14,965 crore. For Q4 FY23 stood at INR 4,495 crore registering an increase of 22% YoY and 31% QoQ.

– Retail disbursement was 99% of FY23 disbursements.

• Asset under Management (AUM) is at INR 66,617 crore as on 31 st Mar 2023 as compared to INR 66,983 crore as on 31 st Mar 2022

• The Loan Asset stood at INR 59,273 crore as on 31 st Mar 2023 as compared to INR 57,895 crore as on 31 st Mar 2022 and INR 58,034 crore 31 st Dec 2022.

– Retail loans are at INR 55,471 crore as on 31 st Mar 2023, registering an increase of 10% compared to 31 st Mar 2022.

– Corporate loans are at INR 3,802 crore as on 31 st Mar 2023, reduced by 48% as compared to 31 st Mar 2022.

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Distribution and Service Network

• The Company has 189 branches / outreach locations and 22 decision making Hubs.

– Affordable business presence expanded to 82 branches/outreaches as on 31 st Mar 2023 Asset Quality

• Gross Non-Performing Assets is at 3.83% as on 31 st Mar 2023 as compared to 8.13% as on 31st March 2022 and 4.87% as on 31st Dec 2022.

– Retail GNPA is 2.57% as on 31 st Mar 2023 as compared to 3.89% as on 31st March 2022 and 2.86% as on 31st December 2022.

– Corporate GNPA is 22.25% as on 31 st Mar 2023 as compared to 37.13% as on 31st March 2022 and 26.61% as on 31st Dec 2022.

• Net NPA stood at 2.76% as on 31 st Mar 2023. NNPA in Retail segment is at 1.74% and in Corporate segment at 18.24%

Capital to Risk Asset Ratio (CRAR)

• The Company’s CRAR stood at 24.43% as on 31 st Mar 2023, of which Tier I capital was 22.04% and Tier II was 2.03% as compared to 23.40% as on 31 st Mar 2022, of which Tier I capital was 20.73% and Tier II capital was 2.67%.

Commenting on the performance Mr. Girish Kousgi, Managing Director & CEO said: “We are pleased to report that this fiscal year has been incredibly eventful for us. After 13 quarters, we have achieved the highest retail disbursement and loan asset as an outcome of our ongoing efforts to build the retail business. We have also witnessed a remarkable improvement in the asset quality which reduced by 52% year-on-year. As another milestone we have successfully concluded our rights issue, which received an overwhelming response resulting in 1.21x subscription. This demonstrates the investors’ confidence in the Company. The infusion of capital will enable us to capitalise on the available growth opportunities.”

India,20th May 2023: XED, the leading Ed-tech firm in Asia catering to the learning needs of executives and senior leaders, has partnered with Oxford University’s Saïd Business School to launch the “Senior Executive Leadership Programme” (SELP) for senior leaders and C-suite executives”. Participants will learn from critically-acclaimed faculty from the elite Oxford University, providing them a global edge with some of the finest content and academic expertise.

The Oxford Senior Executive Leadership Programme (SELP) is an intensive nine-month learning experience tailored to CXOs and senior leaders seeking to enhance their operational and strategic skills from a global perspective, enabling them to navigate emerging business challenges. The programme includes intensive in-class learning at Oxford’s UK Campus, industry immersion in Dubai and live-online modules. On successful completion of the programme, aspirants will join the Oxford Business Alumni Network and gain a certificate at the graduation ceremony at Oxford, UK.

Commenting on the association Mr. John Kallelil, CEO, XED said, “The Oxford Senior Executive Leadership Programme (SELP is the Saïd Business School’s flagship leadership development programme designed for senior leaders. In today’s highly disruptive business landscape, senior leaders face a variety of challenges, from globalisation and innovative disruption to sustainability and the future of work. This programme is designed to help senior leaders develop the skills and mindset needed to lead their organisations through these challenges and turn them into powerful opportunities. We are pleased to partner with Oxford University and make this exclusive programme available to some of the finest industry leaders and influencers”.

Mr. Paul Fisher, Programme Director for Oxford SELP, Associate Fellow, Saïd Business School said, “We are delighted to announce the first cohort of the Senior Executive Leadership Programme. The nine-month programme takes leaders through an intense journey providing them with the tools and strategies to boost performance and impact at a personal, professional and societal level. This programme is not only a transformational journey for senior leaders, but also an important tool that provides the framework to build flexible, adaptable and visionary leadership that can seamlessly navigate change.”

Admissions to the first batch of Oxford SELP are open with stringent eligibility criteria. Senior-level professionals/CXOs with a minimum of ten years of experience are welcome to apply.

Mumbai, 20th May 2023: ABP News, one of India’s leading Hindi news channels, is launching another thrilling and exciting weekend special show – Saakshaat. The show will be an hour-long exploration of India’s ancient and mysterious locations shrouded in myth and legend for centuries. It will premiere on Saturday, May 20, at 8 pm.

Saakshaat aims to decode the mystery surrounding some of India’s most intriguing and fascinating locations. Each episode will feature an in-depth analysis of local folklore and expert interviews to unravel the secrets hidden within these ancient sites.

The show will take viewers on a journey to some of India’s most awe-inspiring locations, such as the pre-historic caves in Chhattisgarh, the sacred place where the Pandavas themselves stayed during their exile and the island at Parashar Lake that moves on its own accord. The show will delve deep into the history and mythology of these locations to uncover the truth behind the legends.

Saakshaat promises to be an enthralling and captivating show that will keep viewers on the edge of their seats. With its unique concept and engaging content, the show is expected to be a huge hit with audiences across the country.

It is a one-of-a-kind show that takes viewers on a journey to some of India’s most mysterious and ancient locations. The channel is confident that viewers will be captivated by the show’s unique concept and engaging content.

India,20th May 2023 Taco Bell, the world’s leading Mexican-inspired restaurant brand, has introduced Naked Veggie Taco – a disruptive, plant-based protein option in its diverse menu, that compliments the existing fan-favorite, Naked Chicken Taco. Encouraging consumers to #GetNaked, the brand is also launching a digital campaign to highlight the family of Naked taco offerings.

The new Naked Veggie Taco has a shell made entirely out of plant-based protein. A crusted and spice-coated protein patty, its fried shell is made up of peas, corn, and nutritious soya. Layered with nacho cheese sauce with the filling of lettuce and signature Mexican Pico de Gallo – a tangy tomato and onion mix- along with the goodness of the two-cheese blend makes it a craveable combination. The Naked Veggie Taco is available with Unlimited Pepsi at all Taco Bell restaurants across India for just INR 199*.

Emboldening the customers to #GetNaked, Taco Bell® India is urging everyone to substitute the traditionally boxed pizza and fried chicken offerings with the deliciously unique Naked Veggie and Naked Chicken tacos, respectively. The brand has also released a digital film on its social media platforms that showcases the tantalizing creations and gives viewers a mouthwatering glimpse of both offerings. To echo the messaging of the campaign, Taco Bell® India will also partner with popular content creators and encourage taco lovers across the country to try these flavorfully fetching menu items.

Commenting on the introduction of this new offering, Gaurav Burman, Director, Burman Hospitality Private Limited, Taco Bell’s exclusive franchise partner in India, said, “Taco Bell® India has established itself as the most innovative QSR in the country. I am delighted to announce that Taco Bell® India is today launching the delicious Naked Veggie Taco, our Plant-based Protein signature Taco to compliment the Naked Chicken Taco which has become one of our leading products. We worked hard to create a vegetarian option that was as delicious, nutritious, and unique as our Naked Chicken Taco. I am excited to be able to offer our customers and fans this amazing product at such good value. Please visit Taco Bell® in our stores or through our delivery partners and #GetNaked.”

Head to your nearest Taco Bell® restaurant for or simply order online via the Taco Bell App or food aggregators, and #GetNaked, today!

Mumbai,20th May 2023: The Wadhwa Group, one of India’s leading real estate development companies has concluded the Bhoomi Pujan of Father Agnel School at Wadhwa Wise City, NAINA’s (Navi Mumbai Airport Influence Notified Area) first integrated township project at Panvel. The integrated township project spread across 138 acres and part of a 450-acre land parcel to be developed by The Wadhwa Group as per global standards is a vision of sustainable growth. One of the best features of the project Wadhwa Wise City, it is only 20 minutes from Navi Mumbai airport and is located in the heart of NAINA, which is touted as one of India’s Biggest Smart City as well as India’s Biggest Airport City.

Commenting on the occasion, Mr. Navin Makhija – Managing Director, The Wadhwa Group said, “Panvel as a location is the most advanced infrastructure hub of India with world-class infrastructural developments coming up here. It has drawn a lot of attention from NRIs and homebuyers who are looking for an exceptional lifestyle in Mumbai. We are delighted to start the construction of Father Agnel School soon. The tie-up with the school is one such step in bringing the best-in-class educational facilities at Wadhwa Wise City.”

The objective of Father Agnel School is to provide comprehensive education to students upto Junior College. The school will be affiliated to the CBSE board and will start admissions from LKG to standard 5 for now. The spirit to create new pathways, to open new opportunities has been the Agnel hallmark ever since this institution was established by Agnel Ashram Fathers in 1982 in Vashi, Navi Mumbai. In its 41 years of existence, Agnels has progressed from one single school to a host of premier institutions in Goa, Mumbai, Ambernath, Pune, Delhi and Noida all bound by one common link – quest for excellence. Year after year the Father Agnel School has produced academic scholars, players of national and international repute and artists who have won accolades for their creative performances. The school in Vashi today has a sports complex with international level infrastructure, including a shooting range, swimming pool, two Astro turf grounds for football, hockey and athletics. It also has two floodlit Basketball Courts and a four courts indoor Badminton Academy in collaboration with Padmashree Pullela Gopichand. Pursuing excellence, nurturing children with strong values and creating an inclusive environment for all, is what the institution stands for.

Commenting on the association, Rev. Fr. Saturnino Almeida from Father Agnel School said, “We are proud to have associated with The Wadhwa Group to start a new school at their township. As the Bhoomi Pujan concludes and we seek the blessings of the Almighty, we are looking forward to begin our construction immediately and thereafter start our school operations at the earliest with primary sections at first. Other sections will be added gradually year on year. During admission, priority will be given to the students from Wadhwa Wise City. We hope this association goes a long way to produce exceptional talent and build a better future for the country.”

The integrated township currently includes 23 towers in single cluster that are planned in multiple phases, a 16 acre townhouse & bungalow cluster and 11 acres of independent plots. Notably, the township has also recently announced a Hare Krishna temple and 9.8 acres of Eco Park (Phase I) within the gated community. It will also comprise of IT parks, healthcare facilities, clubhouse, retail and shopping etc, besides Father Agnel School. This mega residential township once completed will not just be a row of concrete structures, but an impeccable mix of green & grey to render a mega lifestyle for a healthier & holistic living. Spread across a vast verdant tract, this sprawling project will offer community living at its best via its meticulously planned spaces. The project will offer ample natural beauty, vast open spaces, multitude of premium lifestyle amenities, educational and recreational facilities, all built within the township. The overall wellness is also at the top of the priority list where homes will have optimum ceiling height, ample natural light and superior ventilation. Even common spaces are designed following the sun’s path and the wind’s direction, keeping the residents vibrant with natural energy, fresh air and sunlight throughout the year. The-state-of-the-art amenities at Wadhwa Wise City are thoughtfully planned that provide a quintessential lifestyle to its residents.

Panvel is the hub for infrastructure growth and development. In recent times there has been a strong focus on Panvel as the new centre of development with tremendous Government impetus, initiatives and investment. Besides high infrastructure growth, the superior air quality and microclimate, dedicated open spaces, abundance of nature and excellent connectivity make Panvel truly the destination of the future. Planned development and infrastructure has been a major differentiator for the region compared to the other parts of the city. The infrastructure developments like the Navi Mumbai International Airport and the Mumbai Trans-Harbour Link are the factors that are driving the demand for residential and commercial real estate in this new growth corridor.

Supporting the economic upliftment of the region, Wadhwa Wise City has become a viable and apt option for the homebuyers.

Bangalore, 20th May 2023 Godrej Agrovet’s Oil Palm Business today announced the launch of a first-of-its-kind finance offering for oil palm farmers in partnership the State Bank of India (SBI). A product jointly developed by the company and country’s leading public sector bank will enable farmers avail loan for setting up micro irrigation facility, set up fencing arrangement to protect from cattle grazing and improvement of tube well at their oil palm farms. Introduced with an objective of aiding oil palm growth by improving Fresh Fruit Bunches (FFB) productivity, it will act as a catalyst to maintain juvenile gardens during the gestation period of first 5 years.

Sougata Niyogi, CEO, Oil Palm Business, Godrej Agrovet said, “The partnership with SBI is a testament of our company’s efforts to improve farmer’s confidence in sustainable oil palm farming. With no income visibility during the long gestation period, this partnership will aid bridge the gap for their finance needs during the initial years.”

“The implementation of National Mission on Edible Oils – Oil Palm (NMEO-OP) has generated a new sense of excitement and momentum in the oil palm industry since its launch in August 2021. Being a leading player, we will continue to provide solution for industry’s expansion and prosperity,” he further added.

Launched initially for the oil palm farmers of Telangana state, Godrej Agrovet farmers from the states of Tamil Nadu, Odisha, Assam, Manipur and Tripura can now easily avail loan with the ticket-size of INR 1 Lac to INR 50 Crore.

Commenting on first-of-its kind Horticulture Loan, K.V.L.N. Murthy, A.G.M. ABU Hyderabad, SBI, said, “We’re happy to partner with Godrej Agrovet in nation’s quest to reduce import of oil palm. With no security needed for a loan up to INR 1.6 Lacs, the product is ideal for farmers venturing into oil palm farming for the first time. With the entire process being facilitated by Godrej Agrovet, a farmer can easily understand product integrities and apply for the same at Samadhan centers of the company. We’re confident of extending this product to more oil palm farmers of our country in the coming months.”

Godrej Agrovet is the largest oil palm processor in India and works directly with the farmers for the entire lifecycle of their crop. With 65,000 hectares of palm oil under cultivation across the country, the company plans to increase cultivation by 1 Lac hectares by 2027. Through its Samadhan centres, a one stop solution centre, it provides a comprehensive package of knowledge, tools, services, and solutions to oil palm farmers. Each Samadhan centre intends to support the planting of 2,000 hectares of oil palm and help farmers achieve a sustained productivity in mature gardens through the use of modern agricultural technologies and expert advice. The partnership with the SBI is another step to boost income and productivity of oil palm farmers.

New Delhi,20th May 2023 Bank of India today announced that it has entered into a strategic partnership with emerging fintech SLO Technologies (Advarisk) to digitise Kisan Credit Card (KCC) loans through its in-house lending platform.

The collaboration with SLO Technologies is a part of Bank of India’s corporate plan to digitise processing of all agriculture lending including KCC loans by 2024-25 via its loan operating system (LOS) – E-platform. It will also provide the Bank with an opportunity to introduce end-to-end agri-lending products through digital channels and improve the underwriting of all agri loans.

The public sector bank will utilise the services of SLO Technologies to monitor and on-board collaterals as well as for precision financing of new and renewal loans. The Bank also hopes to improve its asset quality.

Shri Nakula Behera, General Manager – Priority Sector and Rural Business, Bank of India, and Shri Rahul Metkar, Founder and CEO, SLO Technologies (Advarisk), signed the agreement on May 8, 2023.

The partnership with the fintech will help increase Bank of India’s digital agriculture business and give a push to the government’s Startup India initiative.

ICRI, the leading institute in India offering new-age programs, announced its new alliance with SAS to provide joint training certification for Clinical Research and Healthcare professionals. It is a one-of-a-kind joint program provided by ICRI and SAS, which allows clinical research professionals to increase their employability. ICRI is the first institute to run these allied health courses in collaboration with hospitals. SAS is a strong pharmaceutical industry presence and is widely used in clinical research for data analysis and reporting. This alliance aims to equip students with professional knowledge to inculcate industry readiness.

ICRI is a leading institute for clinical research education and training in India, offering courses and programs in clinical research, pharmacovigilance, and clinical data management, among other areas. As the demand for skilled professionals in the clinical research industry continues to grow, collaborations between academic institutions like ICRI and industry leaders like SAS will help to develop new training and educational programs to prepare students for careers in clinical research.

SAS eLearning is a set of teaching and learning tools designed to enhance a user’s learning experience. It includes self-explanatory audio-video tutorials, assessments, course notes, a certification prep guide & more.SAS has been the industry standard for data management and analytics of large volumes of data. It’s a very flexible platform that provides users with various means to manage, analyse, process, and report on data.

Commenting on the alliance, Kanishk Dugal- COO of ICRI, said, ” We are pleased with our collaboration with an industry leader like SAS. Practical exposure and job training with up-to-date technology will enhance the learning experience of our students. It will shape and prepare them for their jobs during the learning period. We are dedicated to nurturing our students with the environment and training that helps in enriching the students with the knowledge and right skills.”

19th May 2023: Alia Bhatt was felicitated with the ‘Entertainment Leader of the Year’ award at the prestigious CNBC-TV18 India Business Leader Awards 2023, held at the Jio World Convention in Mumbai.

In her acceptance speech, Alia Bhatt emphasized the importance of making choices when it comes to balancing motherhood and her career, saying, “I don’t believe in either-or situations. After motherhood, my priorities have changed, but that is my choice.” She also put a spotlight on the fact that societal pressure on women to ace every role can be overwhelming and unnecessary.

Speaking about her daughter, Alia shared that while she was attending the event, her husband, Ranbir Kapoor, was at home taking care of their daughter, Raha, and babysitting. The award-winning actress also serenaded her fans with a rendition of the song Kesariya at the end of the event.

Alia Bhatt has been a force to be reckoned with in the entertainment industry and this award is yet another feather in her cap. Her candid remarks about societal pressures and choices in motherhood and career are inspiring and relatable for many women out there

19th May 2023, Bangalore – HMD Global, the home of Nokia phones, today announces additions to its market-leading feature phone portfolio with the new Nokia 105 2023 and Nokia 106. These phones come with an inbuilt UPI 123PAY functionality, combining the trusted reliability of Nokia phones with the convenience and accessibility of UPI, enabling users to securely and seamlessly perform digital transactions even without a smartphone.

UPI 123PAY is NPCI’s instant payment system for feature phone users who can use Unified Payments Interface (UPI) payment service in a safe and secure manner. Through UPI 123PAY, feature phone users will be able to undertake a host of transactions based on four technology alternatives such as calling an IVR (interactive voice response) number, app functionality in feature phones, missed call-based approach and proximity sound-based payments.

Featuring incredible battery life, simplicity and accessible price points, both phones offer the reassurance and reliability expected from a Nokia phone.

Ravi Kunwar, VP- India & APAC, HMD Global added “We are excited to launch the market-leading feature phones, Nokia 105 2023 and Nokia 106 4G, more relevant than ever with the introduction of UPI feature. Through the introduction of UPI feature in our feature phones, we aim to empower feature phone users with the ability to perform secure , convenient digital transactions with ease and move ahead with the times. By bringing UPI to our beloved feature phones, Nokia 105 and Nokia 106 4G, we strive to bridge the digital divide and enable financial access for all”

Ms. Praveena Rai, Chief Operating Officer, NPCI said, “We are excited to associate with HMD Global in bringing UPI 123PAY functionality to Nokia feature phones. This partnership allows us to extend the convenience and accessibility of UPI to more users, enabling secure and seamless digital transactions on affordable devices. We believe that empowering feature phone users with UPI capabilities will contribute to provide more users with the ease and convenience of using UPI and encourage the adoption of digital financial services.”

Beerud Sheth, Founder and CEO, Gupshup said, “For true financial inclusion to become a reality, payments and commerce have to come together. While this was available for smartphone users, a vast swathe of the feature phone customers were aloof from the transformative power of mobile payments. With our UPI solution for feature phones, we are proud to have built something that brings inclusive finance closer to people, empowering them along the way. We are glad to receive NPCI’s support for this initiative and work alongside Nokia mobiles to make digital payments and UPI even more ubiquitous.”

Designed to Keep You Connected
Nokia 106 4G has undergone rigorous durability testing to withstand even the toughest environments, ensuring uninterrupted connectivity no matter the circumstances. The carefully considered spacing between each button on the keymat, makes it easy to dial and text, even in the dark. IPS display technology brings clearer views with better viewing angles and colour reproduction no matter if you’re texting, browsing or gaming.

Enhanced User Experience and Improved Audio
Nokia 105’s ergonomic design and compact shape are specially moulded to feel great in the hand and easily slip into your pocket when you’re on the go.

Battery for Days
Nokia 105 is equipped with an upgraded 1000 mAh battery, 25% larger than its predecessor, providing extended standby time and allowing for uninterrupted conversations from sunrise to sunset.

Whereas, Nokia 106 4G has an increased 1450 mAh battery and delivers hours of talk time. Users can rely on the Nokia 106 4G to stay connected for weeks in standby mode, ensuring their communication needs are met without worrying about frequent recharging.

Entertainment and Functionality
Nokia 105 and 106 4G comes loaded with features designed to keep users entertained and productive. It offers a wireless FM radio, allowing users to listen to their favourite stations without the need for a headset. Additionally, Nokia 106 4G has in-built MP3 player, enabling users to bring their playlists wherever they go.

Built to Last
Nokia understands the importance of durability, and each Nokia phone is meticulously tested to ensure it can withstand the challenges of daily use. The Nokia 105 and Nokia 106 are no exception, built with passion and designed to deliver exceptional performance even in the most demanding situations.

Pricing and Availability
Nokia 105 and Nokia 106 4G will be available in India starting from 18th May priced at Rs. 1299 & Rs. 2199 respectively. The Nokia 105 will be offered in Charcoal, Cyan & Red color whereas Nokia 106 4G would be available in Charcoal & Blue Color.