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...
21 Aug, 2025, 09.07 AM IST
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...
12 Aug, 2025, 09.04 AM IST
Spandana Sphoorty Financial plans Rs 750-crore capital raise with Kedaara Capital's equity infusionSpandana Sphoorty Financial is considering a rights issue, potentially with Kedaara Capital's participation, to raise Rs 750 crore and bols...
19 Jun, 2025, 05.53 AM IST
Signs of revival: Five listed NBFC-MFIs take Rs 2,440 cr bad loans off balance sheets in Jan-MarchMicrofinance lenders in India aggressively cleared bad loans in Q4 FY25, significantly impacting profitability. This strategic move aims to...
03 Jun, 2025, 06.03 AM IST
Fusion Finance suffers 4th consecutive quarterly loss at Rs 165 croreFusion Finance reported its fourth consecutive quarterly loss, with ₹165 crore net loss in Q4 FY25 due to high bad loan provisions. Gross N...
24 May, 2025, 04.34 PM IST
Microfinance firm Fusion suffers 4th consecutive quarterly lossFusion Finance reported a net loss of Rs 165 crore for Q4 FY25, marking its fourth consecutive quarterly loss due to severe asset quality s...
24 May, 2025, 03.56 PM IST
Microfin in major crisis with near-2x NPA surge; Joint-liability lending model on shaky groundIndia's microfinance sector is facing a severe crisis as delinquency rates have surged, with gross NPAs reaching 16% in FY25. This rise has...
30 Apr, 2025, 09.05 AM IST
Bad to worse: Microfinance sector NPAs hit ₹50,000 crore at the end of December last yearNon-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...
27 Feb, 2025, 10.20 AM IST
Fusion Finance Q1 Results: Microfinance company reports Rs 36 crore loss versus profit a year agoThe lender's credit cost, which signals the share of provisions as a percentage of on-book loan portfolio, jumped to 3.38% for the quarter ...
06 Aug, 2024, 08.32 PM IST
Fusion MicroFinance Q4 results: Net profit up 16% to Rs 133 croreFusion MicroFinance Q4 results: “We closed a very successful FY24 with the highest ever profit after tax, consistent growth in AUM, healthy...
07 May, 2024, 01.15 PM IST
Fusion MicroFinance Q3 Results: Net profit surges 23% YoY to Rs 126 croreThe net interest margin for the quarter improved to 11.54%, a good 118 basis points higher than what it was in the same quarter last fiscal...
05 Feb, 2024, 10.19 PM IST
Fusion Micro Finance Q1 Results: PAT shoots up 60% YoY to Rs 121 croreNet interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year ago period. Total income rose 53.4% at Rs 553 c...
02 Aug, 2023, 10.13 PM IST
Fusion Micro Q4 net up nearly nine-fold on business growthFusion managing director Devesh Sachdev expects the NIM to further improve to 11-11.5% once the churning of the portfolio completes with hi...
23 May, 2023, 06.23 AM IST
How good are Medanta, Bikaji & Fusion Microfinance IPOs?“Fusion Microfinance has grown very well, their AUM has tripled, revenue has doubled and the net profit growth is very good. But it all has...
04 Nov, 2022, 06.47 PM IST
MFIs reporting loan data daily to prevent defaultMFIs are moving to daily reporting of loan data to credit information cos to prevent defaults.
13 Feb, 2020, 10.19 AM IST
Top stocks in focus on 06 February 2018Here is a list of top stocks that are likely to be in focus in today's trading session:
06 Feb, 2018, 09.05 AM IST
- More toxic loans could haunt banks
Japan's economy was paralyzed for a decade as banks failed to deal with their troubled loans. That's why it's nothing short of stunning to ...
11 Jul, 2009, 04.00 PM IST