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MICROFINANCE NPA ISSUES
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
IndusInd Q1 profit falls 72% on asset woes, higher provisionsIndusInd Bank's June quarter net profit declined by 72%. The bank faced deteriorating asset quality and higher provisions. They are awaitin...
IDFC First Bank Q1 results: PAT declines 32% YoY, NII rises by 5.5%IDFC First Bank's first quarter of fiscal year 2026 reveals a mixed financial performance. While the profit after tax declined by 32% year-...
IndusInd Bank probes yet another accounting issueIndusInd is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The letter also high...
Utkarsh SFB to raise Rs 750 crore amid rising bad loans, microfinance stressUtkarsh Small Finance Bank plans to raise Rs 750 crore by selling equity shares, aiming to improve its capital base amid severe stress in t...
IDFC First Bank Q3 Results: PAT falls 53% YoY on account of higher provisionsProvisions for the quarter stood at Rs 1,338 crore as compared with Rs 655 crore in the year-ago quarter, driven by the higher slippages in...
Rural stress hit microfin show, it could improve in FY26: ExpertsRural households have increasingly prioritised essential expenses and secured loan repayments over microfinance obligations in recent month...
V Vaidyanathan on how IDFC First Bank is growing@30% despite MFI business stress & infra loan account write-offIDFC First Bank's CEO, V Vaidyanathan, reveals stress in the microfinance sector due to multiple adverse events. Despite rising delinquenci...
Muthoot Microfin shares rally 14% after Q3 profit jumps 119% YoY"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million
Dipan Mehta on how to play a high-risk, high-return idea & where to invest in IT sector“Over the last couple of years or so, a lot of IT companies have won multi-million, multi-year orders. They are sitting in a good order boo...
Avoid taking loans from microfinance institutions: Assam CMAssam Chief Minister Himanta Biswa Sarma urged women in the state to avoid taking loans from microfinance institutions due to high interest...
Covid-19, CAA protests reasons behind MFI loan defaults: Himanta Biswa SarmaTaking another giant leap forward towards fulfilment of promises made during campaigning for the 2021 State Assembly elections, Sarma on Sa...
NPAs to reduce in Q4, industry loss to be restricted to 5-6% of total microfinance loans, says Bandhan Bank MD Chandra Shekhar GhoshIn an exclusive interview with ET’s Atmadip Ray, Ghosh said that with improving loan recovery, the bank’s profitability would increase beca...
We have brought microfinance portfolio down to 27%: PN Vasudevan, Equitas Small Finance BankWe had excess liquidity at end of Q1 and we were trying to use it in Q2, says Equitas Small Fin Bank MD.
15% growth likely in overall AUM this year even as microfinance dips 30%: PN Vasudevan, EquitasOur deposits have come up quite strongly and crossed Rs 3000 crore mark in September
RBL Bank gives good show in Q1, retail biz takes a hitThe bank's bad loans rose as borrowers in its micro-finance segment defaulted on payments.
L&T Finance Q2 net up 19 per centLoans & advances grew 18% to Rs 50,986 crore from Rs. 42,762 crore led by steady disbursement in two wheelers, housing and microfinance in ...
- Avoid’ SKS Microfinance IPO:Jaypee Capital
According to Jaypee Capital, the initial public offering of SKS Microfinance is overpriced.
- SKS MF gets Sebi nod for IPO, issue likely by end-July
SKS plans to raise between Rs 1,000 crore to Rs 1,500 crore to meet its expansion plans through the share sale, which will be the first-eve...
- SKS MF gets Sebi nod for IPO; issue likely by end-July
India's largest microfinance firm, SKS Microfinance is likely to hit the market with its proposed initial sharesale by the end of this mont...