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FUSION BORROWING BREACH
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- 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...09 May, 2025, 09.54 PM 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
- 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,...13 Feb, 2025, 12.12 AM IST
- 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...19 Nov, 2024, 08.04 AM IST
- 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...21 Aug, 2024, 03.36 PM IST
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