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GANESH NARAYANAN
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
CreditAccess shares rally 20% in two days after Q3FY26 profit turnaroundCreditAccess Grameen shares surged sharply after the lender returned to profitability in Q3FY26. Lower provisions supported earnings, while...
CreditAccess Grameen turns profitable as provisions fall in Q3CreditAccess Grameen swung to a Rs 252 crore Q3 profit from a year-ago loss, aided by sharply lower provisions. Operating profit rose, asse...
Expansion plans & easing asset woes to lift CreditAccessCreditAccess Grameen's stock has surged following the appointment of a new CEO and strategic initiatives. The company is addressing asset q...
‘Thank you, ISRO’: Gaganyatri Shubhanshu Shukla hails India’s space agency for safe journey to ISSIndian Gaganyatri Shubhanshu Shukla, currently on the ISS as part of Axiom-4, acknowledged ISRO's support for his safe journey. During a ca...
RBI lowers qualifying asset criteria for NBFC-MFIs to 60% from 75%The Reserve Bank of India has reduced the minimum qualifying microfinance assets for NBFC-MFIs from 75% to 60%, allowing them to diversify ...
CreditAccess Grameen announces succession plan, net profit at Rs 47 croreMicrofinance lender CreditAccess Grameen has swung back to black with its fourth quarter net profit being at Rs 47.2 crore as against a Rs ...
Axis Bank Deputy MD Rajiv Anand to retire in August 2025, will remain with Axis Max Life InsuranceRajiv Anand, Deputy Managing Director of Axis Bank, will step down in August 2025 after completing his term, but will continue with Axis Ma...
Size of microfinance business contracts for the third quarter in a rowMicrofinance business in India shrank for the third consecutive quarter due to heightened asset quality stress. Key players like CreditAcce...
In Kerala, three actors draw swords in Lok Sabha poll battleKerala is gearing up for a pivotal moment of democratic expression, with three prominent actors entering the political ring. Suresh Gopi, a...
Axis Bank’s CEO in talks to hire Federal Bank’s EDHis last role was as the head of branch banking and retail trade forex.
Women leaders are still missing at top institutesIndian Institutes of Technology (IITs), IIMs and other premier institutes are adopting aggressive strategies to attract more female student...
GST collections likely to top Rs 1 lakh crore in November, DecemberGST revenue rose to Rs 94,442 crore in September and officials feel it could surpass the landmark one lakh crore on increased demand during...
Former Snapdeal CPO invests in Buttercups Intimates and education technology firm MakkajaiWith these investments, Chandrasekaran has expanded his startup portfolio to 19. “I am still scouting for deals in spaces like SaaS, artifi...
Tamil Nadu government talking to startup founders, industry veterans to trigger its own startup jungleTamil Nadu government is talking to startup founders and industry veterans to hammer out a policy that will make state-level documentation ...
Top Myntra executive Ganesh Subramanian quits“I am starting something on my own in the consumer internet space,” Subramanian, who has also held the post of COO of Myntra, said.
Muthoot Fincorp launches BC operations with Yes BankMuthoot Fincorp, the flagship company of Muthoot Pappachan Group, today launched its Business Correspondent operations in the country with ...
- Court refuses police custody for Pragya, Purohit after torture claim
Special Mcoca judge Y D Shinde rejected the ATS plea for remanding the trio to its custody for further questioning and instead sent them an...
- Modern art picks up shade from spiritual canvas
"In fact, spiritualism may have taken a backseat in phases beginning from the early 20th century but it never disappeared. Early masters li...