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MFI PORTFOLIO DECLINE
MFI portfolio dips 9 pc in April on private banks' cautious stance: ReportIn what can bring some cheer to the industry battling a host of challenges on asset quality for over a year, assets unpaid for over 30 days...
Bernstein says Aadhar Housing, Home First, other housing stocks can rally up to 34%. Here are 3 reasons whyBernstein sees a significant rally potential of up to 34% in affordable housing finance stocks like Home First Finance and Aptus Value Hous...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...
Equitas Small Finance Bank shares rally 7% on 5-fold jump in Q4 profit to Rs 213 croreEquitas Small Finance Bank shares saw a significant 7% rise. This surge followed the bank's announcement of a substantial 406% increase in ...
AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
Credit guarantee scheme unlikely to benefit lower rated MFIsA new credit guarantee scheme aims to boost lending to microfinance firms. However, banks remain cautious. They will prioritize financially...
Jefferies adds Wipro, Hyundai Motor India, Cipla to latest underperform list. Here’s whyJefferies has added Wipro, Hyundai Motor India and Cipla to its latest underperform list, citing weak growth outlook, rising competition an...
IDFC First Bank shares slide 4% on posting 58% YoY decline in Q4 profit. Should you buy, sell or hold?IDFC First Bank's shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan por...
IndusInd Bank Q3 results preview: Weak NII, higher provisions could drag PAT down by 40% YoYIndusInd Bank's Q3 results are projected to show weak net interest income (NII) growth, elevated slippages, and increased provisions, poten...
MFI portfolio declines, bad assets spike in September quarter: ReportIn the September quarter, microlending outstandings declined by 4.3% to Rs 4.14 lakh crore due to lenders adopting a cautious approach amid...
Buy Manappuram Finance, target price Rs 166: Nirmal Bang Institutional EquitiesManappuram Finance (Manappuram) reported yet another weak quarter, with net profit declining by 42.4% YoY on account of subdued growth in g...
IndusInd Bank Q4 preview: Here's what analysts say ahead of resultsAnalysts have a wide-ranging projection in how they see lender’s net profits grow. They project 44-74 per cent year-on-year (YoY) growth in...
Buy Manappuram Finance, target Rs 148: Yes SecuritiesAttractive return ratios would be likely maintained through FY19-21.
Equitas Holding's March quarter net profit rises four-fold to Rs 34 croreDuring the quarter, the company reported net profit of Rs 34 crore against Rs 7 crore in the same period a year ago. Profit in the March qu...
Buy Ujjivan Financial Services, target Rs 467: IIFLBuy Ujjivan Financial Services Ltd. at a price target of Rs 467.0 .
Inditrade Capital to buy 80% stake in Varam Capital for Rs 40 croreThe deal will include direct purchase of stake as well as fresh infusion of capital, the person familiar with the matter said.
Ujjivan Financial Services tumbles as RBI bars further buying by FIIsShares of Ujjivan Financial Services tumbled 5 per cent in Thursday’s trade after the Reserve Bank of India (RBI) put the microfinance comp...
Andhra crisis is now hurting MFIs' national interestThe recent SKS Microfinance results show Andhra Pradesh is a severe pain point for the sector. Neither banks nor the state government is ke...