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 …
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 …
Mumbai: Shares of state-owned banks, non-banking finance companies (NBFCs) and infrastructure firms plunged as much as 10% on Monday following the Reserve Bank of India’s tougher draft guidelines on the …
Mumbai: Analysts at most top brokerages reduced or retained their share price targets on Bajaj Finance after the company’s March quarter results showed net interest margins are under pressure, raising …