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FUSION BORROWING BREACH
CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinanceThe microfinance industry is gradually recovering from a turbulent phase, driven by operational reforms, digital adoption, and product dive...- Fusion Finance posts Rs 92 crore loss in June quarterFusion Finance reported a ₹92.25 crore net loss in Q1FY26, marking its fifth consecutive quarterly loss. It breached covenants on ₹3,567 cr...
- 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...
- 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...
- It is Munir's doctrine that's leading Pakistan towards war with IndiaPak army chief, wannabe heir of Zia and Jinnah, is a toxic version of his idols. His need to manufacture external threats to consolidate in...
- 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...
- Warburg, other promoters to infuse capital in Fusion Finance despite its worseing financial healthWarburg held 32.83% in Fusion through its affiliate Honey Rose Investment as of December-end last year. Chicago-based Creation Investments,...
- Fusion Finance faces the risk of losing going concern tag, says DeloitteFusion Finance, a microfinance company, is facing financial difficulties. The company reported a significant loss for the recent quarter. D...
- Problems of over-lending in microfinance surface againOverleveraging in microfinance has resurfaced despite RBI's regulations from two years ago. Issues include unreliable household income meas...
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