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 …
AUM growth
Anand Rathi: Anand Rathi on strategic growth map for next 2-3 years
“The key drivers have been increased in number of clients, increased per client AUM, increase in overall AUM, and increase in the relationship managers, the team size. So, all these …
IPO Watch: Northern Arc’s mix of lending services offers long-term play
ET Intelligence Group: Northern Arc Capital (NACL), a mid-tier pan-India diversified nonbanking finance company (NBFC), plans to raise ₹500 crore through fresh equity to augment capital base and ₹277 crore …
Muthoot Microfin: Muthoot Microfin to stay on the radar with a few tailwinds
In a recent report, Investec Securities highlighted a possible credit rating upgrade given its rising AUM Synopsis A part of Muthoot Pappachan Group, the company provides micro loans to women …