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CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements
  • Finance

CreditAccess Grameen share price hit 52-wk low on weak Q2 disbursements

TheSpuzz Desk8 months ago04 mins

Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 1:35 PM IST CreditAccess Grameen share price: Microfinance company CreditAccess Grameen share price fell up to 2.71 per cent to hit a fresh 52-week low of Rs 1,122.20 per share on Thursday, October 10, 2024. The fall in CreditAccess Grameen…

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Growth at any cost approach of some NBFCs would be counterproductive: Das
  • Finance

Growth at any cost approach of some NBFCs would be counterproductive: Das

TheSpuzz Desk8 months ago04 mins

Source: Business Standard Reserve Bank is closely monitoring the incoming information and will take measures, Das said. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 11:24 AM IST In a stern message to non-banking finance companies (NBFCs) aggressively pursuing growth without sustainable business practices and robust risk management frameworks, Reserve…

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Fusion Finance tanks 10%, hits record low on higher ECL provisioning in Q2
  • Finance

Fusion Finance tanks 10%, hits record low on higher ECL provisioning in Q2

TheSpuzz Desk8 months ago05 mins

Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 10:39 AM IST Fusion Finance shares slip in trade: Shares of financial service provider Fusion Finance hit a record low of Rs 274.40 per share, as they tanked 10 per cent on the BSE in Monday’s intra-day trade in otherwise a strong market. …

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Credit costs of MFIs likely to go up to 3-3.5% in FY25: CRISIL Ratings
  • Finance

Credit costs of MFIs likely to go up to 3-3.5% in FY25: CRISIL Ratings

TheSpuzz Desk8 months ago04 mins

Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 23 2024 | 7:58 PM IST Reflecting the build-up of stress due to a rise in delinquencies, the credit costs of microfinance companies are expected to rise to 3.0–3.5 per cent in the current financial year (FY25) from around 2.0 per…

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