Versuchen GOLD - Frei
Microfinance portfolio shrinks
Financial Express Kochi
|January 09, 2025
THE MICROFINANCE PORTFOLIO declined 4.3% to ₹4.14 lakh crore in the September quarter as microlenders turned cautious amid concerns over the deteriorating asset quality, according to a report released by credit information company Crif High Mark.
Loans unpaid for 1-30 days increased to 2.1% from the 1.2% in June, while the ones unpaid for 31-180 days witnessed a sharper rise at 4.3%, against 2.7% in June. The microfinance sector is facing multiple headwinds for the past several months, and the regulator has blamed industry practices, including multiple lending to the same borrower by different entities and charging usurious interest rates with a view to expand profit
Diese Geschichte stammt aus der January 09, 2025-Ausgabe von Financial Express Kochi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Kochi
Financial Express Kochi
ADB upgrades FY26 India growth forecast to 7.2%
STRONG Q2, CONSUMPTION BOOST BEHIND UPWARD REVISION
1 mins
December 11, 2025
Financial Express Kochi
Barclays India CEO: Some IPOs are being mispriced
A EUPHORIA IN India’s primary markets is leading some companies to misprice their initial public offerings, prompting investor caution, according to Pramod Kumar, chief executive officer of Barclays Plc’s India unit.
1 mins
December 11, 2025
Financial Express Kochi
Prestige Estates eyes ₹1 Lcr in sales, about 5 times FY25 levels
PRESTIGE ESTATES IS aiming for sales of about ₹1 lakh crore in the coming years-roughly five times its FY25 sales-as the developer ramps up launches and builds out one of the sector's largest pipelines.
1 min
December 11, 2025
Financial Express Kochi
Indian legal AI targets global reach as adoption deepens
INDIAN LEGAL
3 mins
December 11, 2025
Financial Express Kochi
Meesho closes up 53% after listing at 46% premium
STOCK PERFORMANCE
2 mins
December 11, 2025
Financial Express Kochi
Lloyds Metals, Tata Steel sign MoU
LLOYDS METALS AND Energy (LMEL) on Wednesday signed a memorandum of understanding (MoU) with Tata Steel to advance the mining and steel sectors in Gadchiroli, Maharashtra.
1 min
December 11, 2025
Financial Express Kochi
Digi payments: SBI & BoB get nod to set up intelligence arm
STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.
1 min
December 11, 2025
Financial Express Kochi
When a commander lost control
OVER THE LAST THREE YEARS, PIETER ELBERS HAS STEERED INDIGO'S MARKET SHARE DOMINANCE IN THE INDIAN AVIATION INDUSTRY
3 mins
December 11, 2025
Financial Express Kochi
IFFCO scouting for JVs in Lanka, Jordan & Senegal
AS IMPORT OF raw materials is constrained by global conflicts, fertiliser cooperative IFFCO is scouting to set up joint venture manufacturing facilities in Sri Lanka, Jordan and Senegal, with an option of buying back the soil nutrients, KJ Patel, managing director, IFFCO said.
1 min
December 11, 2025
Financial Express Kochi
Adani Group to invest ₹12 Lcr in India by '31
THE ADANI GROUP is all set to invest up to ₹12 lakh crore in India in the next six years, chairman Gautam Adani said.
1 min
December 11, 2025
Listen
Translate
Change font size