NAVIN SAINI
Kirloskar's NBFC turns focus to MSME loans to reduce risks
Arka Fincap, a Kirloskar Group-owned NBFC, is shifting its focus towards MSME loans to reduce wholesale credit risk. They aim for MSME loans to constitute 70% of their total portfolio, up from the current 50%, with a target to increase this to 75%. The NBFC, which has doubled its total loan book to ₹5,300 crore, plans to grow it further to ₹7,500 crore by FY25, with a significant portion from MSME lending.
Pehlu Khan case: Court picks serious shortcomings in probe
The additional district judge (ADJ) said one such loophole was that their names were not in the statements given by Pehlu Khan and other complainants.
Uttarakhand Polls: BJP, Congress expel rebels who refused to withdraw nominations
They were expelled for six years for breach of discipline as they refused to listen to their respective party leaderships and did not withdraw from the fray in favour of official nominees on the last day for withdrawal of nominations yesterday.
Moradabad mahapanchayat issue: With BJP-police clashes, West UP on the boil again
BJP workers clashed with police at several places since Friday morning and also stopped two trains — Upasana Express and a goods train.
