India likely to bring law to ban unorganised lending activities
The government is likely to introduce a new law aimed at providing major relief to Non-Banking Financial Companies (NBFCs) and microfinance institutions, according to CNBC Awaz report. Company Value Change…
Shriram Finance finalises ₹3,929 crore stake sale in housing unit to Warburg Pincus
Shriram Finance, the flagship entity of the Shriram Group, announced the completion of the sale of its 84.44% stake in its housing finance subsidiary, Shriram Housing Finance Limited (SHFL), to…
How to choose the right personal loan? Here are 7 key ways
A personal loan is one of the quickest ways to arrange funds for any reason. Be it a medical emergency, paying for a child’s education, a family function, buying a…
Planning to borrow from a personal loan lending app? Make note of 6 key points
Gone are the days when a loan seeker had to literally run from pillar to post to procure a personal loan. Now with a barrage of loan options to choose from,…
Equitas takes a big knock. Does the small finance bank deserve it?
Amid this broad sell-off, investors seem to be overlooking individual merits and focusing on the sector’s overall risk. Notably, small finance banks (SFBs) within the microfinance space are bearing the…
Edelweiss’ planned new avatar triggers a surge in investor interest. Is it for real?
In September 2018, as the world marked a decade since Lehman Brothers’ collapse and the ensuing global financial crisis, a new storm was quietly building—not in Wall Street but in…
Penny stock below ₹1: This NBFC share may be in focus on Monday; here’s why
Penny stock Srestha Finvest is likely to draw investor attention on Monday, November 11, after the company announced it held an extraordinary general meeting (EGM) on Friday, November 8, to…
SBI Card: Puzzling investors’ fancy for cards biz
The September quarter results of SBI Cards and Payments Services Ltd may be rather forgettable, but the stock still trades at the levels seen after June quarter earnings were announced.…
Microfinance comes crashing again. Two stocks could buck the trend
Since FY17, microfinance loans outstanding have grown at a CAGR of 23%, from less than ₹1 trillion to nearly ₹4.3 trillion in June 2024. At no point during this period…
Aditya Birla Capital Q2: Net profit jumps 42% to ₹1,001 crore, revenue up 36%
Aditya Birla Capital posted strong earnings for the quarter ended September 2024 (Q2FY25). The company’s net profit rose 42 percent year-on-year (YoY) to ₹1,001 crore as against ₹705 crore in…