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MICROFINANCE MARKET CONSOLIDATION
Stocks in news: RIL, Coal India, IDFC First Bank, Zydus Life, ONGCMarkets traded subdued with the India VIX correcting nearly 15% this week, though this hasn't significantly impacted benchmark index moveme...
Private banks favoured over PSUs as macro headwinds cloud near-term outlook: Digant HariaMarket expert Digant Haria notes strong corporate earnings but rising macroeconomic uncertainty. Private sector banks appear better positio...
J&K Bank profit jumps 36% as asset quality and growth improveJammu & Kashmir Bank reported a 36% rise in Q4 profit with improved asset quality and higher operating profit. Annual profit hit a record h...
Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...
Stocks in news: Tata Technologies, L&T, M&M, RIL, Manappuram FinanceMarkets closed with decent gains on Monday amidst volatile trading and mixed cues. Key sectors like banking and IT faced pressure, with cru...
Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
ETMarkets Smart Talk | Financials, IT turn attractive; microfinance seen as turnaround bet: Niraj KumarIndian stock markets are presenting new chances for investors. Financial and IT sectors are looking attractive. Microfinance is seen as a t...
Microfinance in revival mode; MFIs, private banks expand business in JanuaryThe microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. Whi...
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...
Muthoot Microfin IPO subscribed 11.52 times on final day. Check detailsMuthoot Microfin IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas J...
Muthoot Microfin IPO oversubscribed at 2.83 times on Day 2. Check GMP, other detailsMuthoot Microfin IPO GMP: According to consolidated data available at 5 pm on the NSE, the issue attracted share bids of 6.89 crore against...
AU Small Finance Bank to acquire Fincare Small Finance Bank in share dealAs per the agreement between the two, shareholders of Fincare Small Finance Bank shall receive 579 equity shares of AU Small Finance Bank f...
Microfinance lenders need to raise fresh capital in FY25According to Acuite Ratings & Research, pure-play microfinance lenders in India will need to raise fresh capital in FY25 to sustain their g...
Muthoot Microfin to raise Rs 1,000 crore via IPOMuthoot Microfin is a wholly-owned subsidiary of Muthoot FinCorp.
UBS initiates coverage on SKS Microfinance, sees over 40% upside in 12 monthsUBS initiated coverage on SKS Microfinance with a 'buy' rating with a target price of Rs 500, which translates into an upside of 43%.
Arohan Microfin raises Rs 22 crore capital from 3 investorsThe IntelleCash-promoted Arohan Microfinance today said it has raised fresh capital worth Rs 22 crore from three investors.
- Wait for SKS Microfinance to consolidate: Ashwani Gujral
The stock is extremely volatile moving in 10%-type jumps, wait for it to consolidate.
- SKS Microfinance jumps 20% for second consecutive day on bourses
The stock surged by 20% to hit upper circuit limit in the wake of the govt unveiling a draft Bill to tighten regulation of the microfinance...
- Wait for consolidation before buying SKS Microfinance: Ashwani Gujral
"It is probably a lot of short covering because it looks difficult to see how people can buy in a locked up kind of stock. Let's wait for s...
- Microfin may be hot, but India scores below Peru, Bolivia
Smaller countries like Peru, Philippines or Bolivia are believed to be ahead of India in terms of microfinance business environment, regula...