Tighter norms by SROs to hit business for microlenders
Microfinance companies in India are expected to face a squeeze in profitability in FY25 due to a sharp rise in credit cost and likely compression of interest rate margin, rating …
Microfinance companies in India are expected to face a squeeze in profitability in FY25 due to a sharp rise in credit cost and likely compression of interest rate margin, rating …
Sandip Sabharwal, asksandipsabharwal.com, says given three-four years of underperformance by Bajaj Finance, the growth in the balance sheet and their ability to reasonably control asset quality even at a time …
“Improved efficiency in collections over the next few quarters should positively impact asset quality, leading to reduced provisioning needs and boosting bottom-line growth, ROAs, and ROEs. Therefore, within the NBFC …
“So, when the orders are percolating, work is coming to them, they need working capital requirements. So, we see adequate growth is coming in from MSME segment,” says Rajesh Sharma, …
Stating that financials as a sector and banks specifically offer better risk reward opportunity, Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management, says given the positive regulatory environment for banks …
Mumbai: Private sector lender Axis Bank reported an 18% rise in the September quarter net profit at ₹6,918 crore on the back of strong trading income and low operating expenses. …
“So, we will have to wait and watch, but as things stand today, the commodity prices are under pressure, metal prices are under pressure, and we will have to wait …
Mumbai: India’s non-state banks are likely entering a period of margin compression, deterioration in asset quality, rising provisions and high credit costs, the June-quarter results for most private sector lenders …
Axis Bank, India’s third-biggest private lender by market value, Wednesday indicated that sequential decline in asset quality metrics was due to seasonal effect on the agriculture business. Asset quality for …
India Ratings and Research expects vehicle financiers to increase the share of used vehicles in their overall vehicle asset under management (AUM). This is because the rising new vehicle prices, …