[ad_1] The rural economy faced significant pressure throughout much of Calendar Year 2024, especially in the microfinance (MFI) segment. This sector is expected to encounter continued challenges moving into 2025. Company Value Change %Change Sector Performance and Growth Trends Let’s look at the numbers, the assets under management (AUM) growth, or the loan growth, which […]
Union Bank of India expects credit growth of 10-11% for FY25 – CNBC TV18
[ad_1] Srinivasan Varadarajan, Non-Executive Chairman of Union Bank of India, expects credit growth to in the range of 10-11% for FY25. In an interview with CNBC-TV18, Varadarajan said that while credit growth may not surge dramatically, it is expected to stay steady or slightly lower across the banking system in the coming quarters. This is […]
Belstar MFI IPO expected in a year, says Muthooot Finance – CNBC TV18
[ad_1] George Alexander Muthoot, Managing Director of Muthoot Finance, on August 23 said that the initial public offering (IPO) of its subsidiary Belstar Microfinance is expected within the next year. Though the IPO is on the cards, Muthoot noted that there is no immediate rush as Belstar is a full-owned subsidiary of Muthoot Finance, which […]