April-listed Powerica posts 226% YoY Q3 PAT growth; repays Rs 525 crore debt post IPOPowerica Limited announced a significant surge in its third-quarter net profit for FY26, reaching Rs 98 crore. This represents a 226% incre...
Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?Ola Electric shares have rebounded sharply, surging 68% in under 10 sessions, while Ather Energy gained 16% over the same period. Despite t...
Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
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...
Execution, order inflows to drive L&T growth; BEL rides defence push: Siddhartha KhemkaIndia's capital goods sector is experiencing robust growth, fueled by strong order backlogs and increasing project execution across infrast...
Don't buy HDFC Bank yet, but don't sell it either. Nischal Maheshwari on what the smart investor is doingMarket expert Nischal Maheshwari advises patience amidst geopolitical and corporate governance concerns, highlighting HDFC Bank's attractiv...
Housing demand, price growth to moderate in FY26 amid increasing inventory levelsIndian housing demand shows steady growth despite global economic challenges. Home sales surged in FY24 across top cities like Mumbai and C...
Finmin to hold meeting with MFI players tomorrowThe Finance Ministry scheduled a meeting with microfinance institutions on Wednesday to address rising bad loans and delinquencies. The Dep...
RBI’s new guidelines to make microfinance strongerUnlike the earlier definition that distinguished between rural and urban, RBI has now set a common household limit of Rs 300,000 for loans ...
India's microfinance sector remained strong despite slowdown: ICICI SecuritiesCaptains at MFI firms believe that said that the slowdown is not felt in their sector as they finance making of goods for conspicuous consu...
Micro-finance sector recovering from DeMo shockBandhan Bank, one of the leading players in this sector which transformed into a universal bank from an MFI, said that there had been probl...
Asset quality pressure continues to weigh on MFI industry“We expect the near-term asset quality overhang to persist,” the report said. Listed companies- Bharat Financial Inclusion, Equitas and Ujj...
Demonetisation may slow MFIs’ disbursement rateHowever, MFIs may not be comfortable maintaining high disbursement levels at a time when their collections come under pressure.
MUDRA Bank can be positive for microfinance sector: ICRAAs per ICRA estimates, the MFI sector, including self- help groups (SHGs) and NBFC-MFIs, had a total portfolio of Rs 780 billion as on Sept...
- SIDBI to disburse Rs 1k cr to MFI sector this fiscal
SIDBI plans to disburse around Rs 1,000 crore in credit to microfinance institutions (MFIs) during 2011-12, which is 19% more than the loan...
- Liquidity affected by MFI crisis: Bindu Ananth, President, IFMR Trust
IFMR Trust, a private trust with an initial corpus raised through long-term borrowings from ICICI Bank, was set up in 2008 and has backed a...
- Micro finance bodies no better than moneylenders
MFIs vision of 'eradicating poverty' is far from the truth, say finance experts, who feel they are no better than moneylenders.