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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...