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SANJAY GARYALI
Fusion Finance swings to Rs 86.5 crore profit as asset quality improvesFusion Finance reported a net profit of Rs 86.5 crore in Q2, reversing a year-ago loss of Rs 22.1 crore. Gross NPAs improved to 1.6%, AUM g...- Fusion Finance aims to cut microfin share, offer larger retail loansFusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...
- Microfinance sector back on track with higher-value loansThe microfinance market saw growth in February. The total loan book reached Rs 3.29 lakh cr. Loan disbursements increased. Portfolio qualit...
- Microfinance shows spark but shrinks to lowest in 3 yearsThe Indian microfinance market has shrunk to ₹3.22 lakh crore, marking a significant 16% year-on-year decline and reaching a three-year low...
- Fusion Finance expects to be profitable in H2Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after si...
- Top microfinance companies speed up bad loan write-offs to balance booksIndian microfinance companies are focusing on cleaning up their balance sheets. They are writing off bad loans earlier to improve their fin...
- Fusion Finance appoints former HDFC executive Rajeev Sardana as independent directorFusion Finance has strengthened its leadership team with key appointments. Rajeev Sardana, a veteran with 30 years of retail lending experi...
- Fusion Finance to bet on MSMEs, expects better show in Q3The lender's assets under management (AUM) contracted 37% year-on-year to ₹7,688 crore at the end of June, from ₹12,193 crore a year ago, a...
- L&T Finance aims at 25% CAGR, retail lending in focusL&T Finance Ltd aims for a 25% compound annual growth rate (CAGR) in the coming years, focusing on strengthening its retail lending busines...
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