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MFI 2.0 EXTENSION
IndusInd Bank shares hit by downgrades, target price cuts. What investors should doIndusInd Bank shares dropped 20%, hitting a 52-week low of Rs 720.50, after multiple brokerages downgraded the stock following an accountin...11 Mar, 2025, 10.29 AM IST- Tips Music Q3 net jumps 27% to Rs 44 crore, Rs 3/share dividend announcedTips Music reported a 27% YoY net profit growth to ₹44.2 crore in Q3FY25, supported by a 20% revenue rise. Strong digital performance and g...22 Jan, 2025, 09.33 PM IST
- ICICI Pru Life Q4 Results: PAT rises 26% YoY to Rs 235 crore; VNB up 36%ICICI Pru Life's consolidated net profit for Q4 increased by 26% YoY to Rs 235 crore, while the new business premium grew by 18% YoY to Rs ...20 Apr, 2023, 07.59 PM IST
- Fusion Micro Finance IPO opens: Here's what brokerages say about the issueFusion Micro Finance mobilised Rs 331.2 crore through anchor book ahead of its IPO launch by allotting 89.99 lakh equity shares at Rs 368 a...02 Nov, 2022, 10.01 AM IST
- Fusion Micro Finance IPO to open tomorrow: Should you subscribe to the issue?Fusion has optimized the cost of funds, liquidity requirements and capital management over the years, in challenging market conditions, led...01 Nov, 2022, 11.53 PM IST
- RBL Bank: Brokers downgrade stock after leadership changes and RBI actionInvestec says it has changed its rating to under review from buy, while noting that RBL Bank has strong capitalisation when compared with b...27 Dec, 2021, 12.24 PM IST
- Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCsUnder the modified Partial Credit Guarantee Scheme, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned ...20 May, 2020, 05.45 PM IST
- Although there have been Cassandras, we don’t see a blow-up in credit sector: Romesh Sobti, IndusInd BankRetail NBFCs will continue to grow and compete with banks but their returns may reduce .11 Nov, 2019, 07.55 AM IST
- Buy NIIT Technologies, target Rs 1,540: JM FinancialBuy NIIT Technologies at a price target of Rs 1,540.09 Apr, 2019, 05.13 PM IST
- RBI allows Sidbi to use an existing Rs 1000-crore corpus for lending to MFIsSidbi is providing fund to Cashfor at 8% rate while it on lends at 16.98%. SKDRDP is getting fund at 5% and on lending to micro borrowers a...27 Dec, 2018, 08.41 PM IST
- Focusing on MSE and housing in next 2 years: Samit Ghosh, Ujjivan Small Finance BankWe have completed all formalities relating to schedule bank with RBI and are just waiting for the formal announcement04 Aug, 2017, 11.34 AM IST
- Ujjivan IPO opens today; Dalal Street gung-ho on the issue, finds it attractiveUjjivan Financial Services, another Microfinance company with small finance bank license, is ready to hit the market with initial public of...28 Apr, 2016, 08.07 AM IST
- TPG Capital to buy Janalakshmi Financial Services Ltd minority stake for Rs 610 crore“The valuation exercise and the exact stake which will be owned by TPG will be finalised soon,” one of the two persons said.13 Oct, 2014, 04.00 AM IST
- MFIs delinquency rate declines 20 per cent in April-October this fiscalDelinquency rate by the number of accounts that are more than 30 days outstanding has declined 20 pc from 1 per cent in April to 0.8 pc in ...06 Jan, 2014, 05.37 PM IST
- Raising of resources is an ongoing exercise for us: SKS MicrofinanceIn an interview with ET Now, PH Ravikumar of SKS Microfinance Ltd, talks about their fundraising target as well as the targets for credit a...09 Jul, 2012, 04.37 PM IST
- Small microfinance institutions fear for survivalA day after a central bank appointed committee submitted its report, small MFIs say the recommendations if accepted would wipe away their p...21 Jan, 2011, 06.37 AM IST
- MFIs agrees to reduce interest rates to 24 pcMicro finance companies on Thursday agreed to reduce interest rates they charged from borrowers to 24 per cent after a meeting with financi...04 Nov, 2010, 09.48 PM IST
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