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Microfinance companies may see credit crunch
February 10, 2025
|Hindustan Times Navi Mumbai
Microfinance companies are facing the threat of a funding squeeze as banks and non-bank lenders have already slowed lending to them.
MUMBAI: Karnataka's plan to curb aggressive recovery practices has added to the uncertainty.
According to industry experts, downgrades of three major micro-lenders only increases the risk of further defaults and rating cuts.
هذه القصة من طبعة February 10, 2025 من Hindustan Times Navi Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Navi Mumbai
Hindustan Times Navi Mumbai
CBSE slashes fees for Class 12 re-evaluation
Amid anxiety among students over the evaluation of this year’s Class 12 results through the new on-screen marking (OSM) system, the Central Board of Secondary Education (CBSE) has sharply reduced its post-result re-evaluation charges and promised full refunds if marks increase after review.
1 min
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Satwik-Chirag fail to cross the final hurdle
Despite their injuries, Satwiksairaj Rankireddy and Chirag Shetty have been playing high quality badminton, which has helped them maintain their top 10 ranking status.
2 mins
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Hindustan Times Navi Mumbai
RCB seal playoffs spot, loss adds to PBKS woes
Moments after play ended, Ricky Ponting sat all by himself in the dugout, head slumped in his arms and eyes staring ahead. Shreyas Iyer, for a change through the evening, wore a smile with the mic in hand.
3 mins
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India races to plug gap in renewable energy storage
India is scrambling to solve a growing clean-energy paradox: the country is adding renewable power at record pace, but lacks the storage capacity needed to use that energy when the sun sets and wind generation drops.
2 mins
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Kolkata protest turns violent, 3 cops injured
A few hundred people protesting against an anti-encroachment demolition drive and restrictions on prayers on public roads and use of microphones at mosques turned violent at Kolkata’s Park Circus on Sunday with at least three police personnel being injured and several vehicles damaged.
2 mins
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Testing times for social amity
Madhya Pradesh court verdict will influence other disputes involving places of worship
2 mins
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Hindustan Times Navi Mumbai
Time for Gujarat to secure spot in top 3 of service sector: Shah
Union Home Minister Amit Shah on Sunday said that after achieving strong growth in manufacturing, engineering and green energy, Gujarat must now enter the top three states in the service sector and position Ahmedabad alongside leading technology hubs of the country.
1 mins
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Gems, jewellery exports fall 9% in April
India's gems and jewellery exports declined by 9.07% at $2,226.45 million (₹20,825.01 crore) in April following the West Asia conflict, the Gem & Jewellery Export Promotion Council said.
1 min
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Satheesan with 20-member cabinet to take oath today
Kerala chief minister-designate VD Satheesan along with 20 ministers, including 11 from the Congress and five from its ally, the Indian Union Muslim League (IUML), will be sworn-in as part of the new United Democratic Front (UDF) government in an elaborate ceremony in Thiruvananthapuram on Monday, marking the return of the coalition to power in the southern state after a decade.
4 mins
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Hindustan Times Navi Mumbai
Fernandes equals assist record in Man United win
Bruno Fernandes equalled the Premier League record of 20 assists in a season as Manchester United secured third place with a 3-2 win over Nottingham Forest.
1 min
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