FUSION MICROFINANCE Q3

Father's Day is just around the corner, and if you are looking for thoughtful gifts that won't break the bank, then this list of the best Father’s Day gifts under 1000 rupees has you covered. From practical tools to personalised keepsakes, there's s...

JSFB provides micro financing, secured business loans, loans against property, micro, small and medium enterprises loans, loans against deposits and gold, and loans to finance companies. The bank strives to reduce reliance on unsecured loans by expa...

Muthoot Microfin Q4 Results: The non-banking financial company-micro finance institution (NBFC-MFI), which is a part of the Kerala-based Muthoot Pappachan group, saw its gross loan portfolio expanded by 32.4% year-on-year to Rs 12,194 crore while it...

Fusion MicroFinance Q4 results: “We closed a very successful FY24 with the highest ever profit after tax, consistent growth in AUM, healthy return ratios and overall robust operational and financial metrics," managing director Devesh Sachdev was quo...

"Funko Fusion" is an upcoming video game that combines characters from various NBCUniversal franchises in a single-player or online co-op experience. Scheduled for release on September 13, the game promises an immersive adventure through iconic worl...

Right from the Covid-19 crisis to the tightening of regulatory requirements on capital in a short span and increasing competition, all these three headwinds hit the microfinance industry in one go. The result, the stocks that at one point in time we...

The bank, which was listed on the bourses at a 4.4% discount to the IPO price of Rs 414 on February 14, said that its total income for the quarter was 20% higher at Rs 1178 crore.

The net interest margin for the quarter improved to 11.54%, a good 118 basis points higher than what it was in the same quarter last fiscal. ​The lender's total income for the quarter was 32% higher at Rs 613 crore while net interest income rose 36%...

Unity Small Finance Bank on Monday reported a 79% rise in net profit at Rs 110 crore for the December 2023 quarter against Rs 61 crore in the year-ago period. Operating profit was nearly three-fold higher at Rs 133 crore against Rs 47 crore.

The lender's gross portfolio jumped 44% year-on-year to Rs 9811 crore while the gross non-performing assets ratio declined to 2.4% at the end of December from 3.92% in the year-ago period.

Budget 2024: "83 lakh self-help groups with 9 crore women are transforming the rural socio-economic landscape with empowerment and self-reliance. They are an inspiration to others. Their achievements will be recognized through honouring them. Buoyed...

"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million

ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R...

The net interest margin for the quarter compressed to 8.37% against 9.01% seen in the December 2022 quarter, primarily because of rising cost of funds. Net interest income rose 21% year-on-year at Rs 785 crore while other income grew 35% at Rs 206 c...

The company recorded its highest-ever quarterly retail disbursements at ₹14,531 crore, up 25% year-on-year led by a 31% growth in its retail book which increased to ₹74,759 crore from ₹57,000 crore a year earlier.

Global private equity firm Warburg Pincus, through its affiliate Honey Rose Investment, sold 6,457,849 shares, representing 6.4% stake for Rs 359 crore, according to bulk deals data. Chicago-based investment firm Creation Investments Fusion, Llc has...

According to the report prepared by Microfinance Institutions Network (MFIN), a self-regulatory body of the NBFC-MFIs, microloan disbursals during the July-September quarter of 2023-24 touched Rs 76,054 crore, as compared to Rs 71,916 crore in the s...

Net interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year ago period. Total income rose 53.4% at Rs 553 crore.

Fusion managing director Devesh Sachdev expects the NIM to further improve to 11-11.5% once the churning of the portfolio completes with higher rates. The lender increased lending rates in May after the Reserve Bank of India removed the cap on it. T...