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MFI PRODUCT DIVERSIFICATION
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...
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...
Hyundai Motor shares offer just 5% upside; Asit C Mehta initiates with Hold rating, flags 5 risksHyundai Motor India shares fell amid weak market sentiment, extending their one-month decline to about 21%. Asit C Mehta initiated coverage...
RBI wants MFIs to expand product baseThe Reserve Bank of India is urging microfinance companies to diversify their lending beyond traditional group-based loans. Officials recom...
NBFCs to gain big; 25 bps RBI rate cut set to boost NIMs; LAP & home loan financiers to gain most: Shweta DaptardarIndia’s NBFCs are set to benefit from the RBI’s 25 bps rate cut and improved liquidity, with larger players and fixed-rate retail lenders e...
Jubilant FoodWorks stands out in QSR space with strong digital and product strategy: Hemang JaniThe MFI sector appears to have experienced its worst downturn and may bottom out soon, while Jubilant FoodWorks shows strong growth potenti...
Balu Forge Q3 results: Ashish Kacholia portfolio co reports 134% YoY PAT jump, revenue up 74%Balu Forge Q3 Results: Balu Forge posted a 134% YoY jump in Q3FY25 net profit at ₹59 crore, with revenue surging 74% to ₹256 crore. EBITDA ...
How Mannapuram maintains good NIMs and hopes to achieve 20% consolidated CAGR"There is good demand in microfinance. In the first quarter, we have a little slowdown because there were some concerns about liquidity, ev...
Buy Equitas SFB, target price Rs 74: Emkay ResearchEmkay Research has a buy call on Equitas Small Finance Bank with a target price of Rs 74 for a duration of 12 months. The current market pr...
Want to play BFSI? Many analysts say their best bets are MFI stocksWhile the MFI sector has expanded at a trailblazing 26 per cent CAGR over the past decade, penetration levels remain below 40 per cent on a...
Hold Bandhan Bank, target price Rs 390: Emkay GlobalDeposit accretion has been strong at 34% yoy/6% qoq, with CASA share at 37% and retail deposits at 78%, depicting the bank’s strong liabili...
Micro lender Satin Creditcare shrinks business share in UP and MP to stay healthyThe MFI has squeezed its loan share to 24% in Uttar Pradesh nd less than 10% in Madhya Pradesh. Before 2017, about 40% of Satin's business ...
CreditAccess Grameen IPO kicks off; should you give it a miss?At the upper price band of Rs 422, the issue is valued at 2.9 times post issue book value.
NPCI starts pilot project to digitise transactions in micro finance institutionsThe customer has to dial the contact, enter the amount and Unified Payments Interface (UPI) PIN on the feature phone and the repayment gets...
As gold regains sheen, Muthoot Fincorp eyes 25% jump in volumeThe measures to de-link from gold price fluctuations will ensure that the impact on bottomline will be lower than in the past, if gold pric...
- Basix Microfinance reworks business plan, to share network for Funds
Lack of regulatory clarity and unfavourable business climate in Andhra Pradesh have forced Basix Microfinance to redesign its business mode...
- Malegam panel: brave but messy report
The committee fails to address a basic question: why cap the margins and maximum loan of microcredit NBFCs when there is no such cap on oth...
- 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...