IndusInd Bank Q4 Results: IndusInd Bank has announced a significant turnaround, posting a standalone net profit of Rs 533 crore in the four...

Earnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady ...

Non-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...

Indian businesses and banks are navigating the West Asia conflict with resilience. Deal pipelines remain largely unaffected, with only war-...

Standard Chartered has mobilised over USD1 billion for India's microfinance and NBFC sectors. P.D. Singh, CEO for India and South Asia, exp...

The Maharashtra government fulfilled its poll promise waiving loans up to Rs 2 lakh and also offering a Rs 50,000 incentive for farmers reg...

Microfinance credit stress is emerging this financial year due to RBI's preventive measures to manage risks, according to Finance Minister ...

Non-performing assets in the microfinance sector soared to ₹50,000 cr at the end of December, reaching a 13% ratio of gross loans. The sect...

Despite a sizeable sheet cleansing by large microfinance institutions (NBFC-MFIs) and small finance banks in the third quarter of this fisc...

The sectoral gross NPA ratio was around 10% while the PAR 30+ ratio was 17.1% as of September 30, 2021. That time, the Reserve Bank of Indi...

The company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but ...

Housing finance companies (HFCs) are likely to show strong loan growth, led by demand for homes, while earnings for vehicle finance compani...

Net profit fell to Rs 31 crore in the quarter ended September 2021 from Rs 144 crore a year ago largely due to a 5 per cent shrinkage in re...

"In microfinance we have provided adequately and we have been very conservative with the write off after 180 days."

Other income including fees and commissions increased 18 per cent to Rs 1,788 crores in the quarter ended June 30 from Rs 1,520 crore a yea...

Overall assets have grown by 40% year-on-year and 8% on quarter-on-quarter., says IIFL group CFO

Interest rates, if they are squeezed for microfinance business, then the margin gets affected.