Searched for
MICROFINANCE SECTOR NEWS
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...- Satin Creditcare profit jumps on lower bad loan provisionsSatin Creditcare Network reported a sharp rise in fourth-quarter profit driven by business growth, lower bad loan provisions and improved a...
- 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...
- Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%The microfinance sector has turned a corner, showing growth in the January-March period. This follows a period of contraction and write-off...
- Banks set to impress in Q2, ECL phasing gives comfort to financials: Ashwini AgarwalBanks and financials are poised for strong earnings this season, with reasonable valuations and benign credit costs fueling loan growth. An...
- Why microfinance still matters: Debunking myths and highlighting progressDespite recent negative press, microfinance significantly contributes to India's economy, empowering women and curbing migration. The secto...
- Svatantra Microfin completes acquisition of Chaitanya India Fin CreditSvatantra Microfin has completed the acquisition of Navi Group's subsidiary, Chaitanya India Fin Credit, making it the second largest NBFC-...
- Inditrade Microfin-Janakalyan merger to be effective from July 1, 2022; Janakalyan MD to head the merged entity"The company has received an intimation from Inditrade Microfinance Limited (IMFL), a debt listed company and a material subsidiary of the ...
- Contra view: After up to 90% rally, MFI stocks may be ripe for a selloffMost analysts are gung-ho on the microfinance sector on expectations of better credit growth as economic growth has bottomed out and NPA ma...
- Treat SKS Microfinance like an expensive growth stock: P Phani SekharConsidering the valuation versus the RoE, and the growth potential, microfinance stocks need to be treated as expensive growth stocks, says...
- SKS Microfinance touches 52-week highA favourable business outlook has led to an improved investor sentiment in the stock of SKS Microfinance since the past few months.
- Early investors eye 6-fold gain from Ujjivan stake saleMichael & Susan Dell Foundation and one other early investor in Ujjivan are in negotiations to sell their stakes in the urban microfinance ...
- SKS Microfinance shares plunges 20% ahead of reporting Q4 lossSKS shares plunged 20% to Rs 331.8 apiece, off 65% from its initial public offering price of Rs 935 a share. JPMorgan cut the target 60% to...
- Malegam committee report; SKS stock up 13%Shares of SKS Microfinance today advanced by 13 per cent in the morning trade on the Bombay Stock Exchange.
- IFC offers 160-cr lifeline to microfin co BandhanThe details of the stake purchase would be decided at a board meeting on February 17, according to a senior executive at the company.
- Avoid SKS Microfinance: Ashwani Gujral, Market StrategistNews flow can really take SKS Microfinance down 8-10% in a matter of minutes.
- 'MFIs will be dead by Jan 1 unless banks release fresh funds'Microfinance lending activities across the country will be "dead, absolutely" by January 1 unless banks release fresh credit to the cash-st...
- Avoid SKS Microfinance for now: Fayeza HafizeeComing to SKS in particular, the entire microfinance industry is going into a major restructuring.
- Indian microlenders face possible collapse: Rating agencyMicrofinance Institutions Network or MFIN has said commercial bank loans to the sector are drying up and borrowers are reneging on their de...
- Run MFIs with more than just a little bit of altruismThings have certainly moved rapidly for this industry - from being hailed as harbinger of a social change around two or three years to havi...
Load More
