Watch out for signs of asset stress in India’s micro-finance sector after a phase of irrational exuberance. Bad loans, even ...
Maple Leaf Foods records Adjusted EBITDA of $141 million, and Earnings of $18 million Free Cash Flow increased to $155 ...
Satin Creditcare Network's Q2 net profit dropped 60% YoY to Rs 42 crore, amid stress in the microfinance sector. The company ...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. ...
Since the liberalization of microfinance institution (MFI) norms two years ago when microloans were linked to household income levels, there has been a rush towards MFI financing, Suresh Ganapathy ...
CET1 also fell 94 bps QoQ due to a hike in MFI risk weight from 75 per cent to 125 per cent. “As MFI stress is likely to be high even in Q3 and fee income is running slow for two quarters, we reckon ...
ALSO READ: IndusInd Bank sees higher provisions as one-time profit hit, expects gradual easing of MFI stress Nirmal Bang, too, downgraded the stock to 'hold' from 'buy' and cut target price to Rs ...
Although Windows 11 can detect and configure network adapters automatically, you may still need to perform additional steps to connect to a wireless network, enable specific features, review ...
Hardly a week passes without report of another retailer introducing its own media network, or news that an existing media network is expanding its capabilities. With the growth of e-commerce ...
Improving the Army’s multinational force interoperability (MFI) with allies and partners remains a high priority for the Army. Army MFI activities enhance the Army’s readiness to fight and win ...
As per data compiled by Microfinance Industry Network (MFIN), among its 73 members ... Then there are about 200 NBFCs having MFI as one of their lines of business. There are several players ...
The current stress in the microfinance (MFI) sector is largely driven by unchecked credit growth and the issuance of multiple loans to customers on fake voter ID cards among other documents, which ...