[ad_1] Stocks with exposure to the Microfinance segment like CreditAccess Grameen Ltd. have gained as much as 8% on Thursday, January 2, after the MicroFinance Institute Network (MFIN) deferred the implementation of limiting the number of lenders to three per borrower by three months. Company Value Change %Change The same was earlier reported by Mint, […]
MFI Stress: UBS expects elevated slippages due to accelerated rise in overdues – CNBC TV18
[ad_1] Brokerage firm UBS is anticipating slippage levels to remain elevated for Micro Finance companies in the second half of the current financial year. In a note released on Friday, November 29, UBS said that the Micro Finance overdues continued to rise at an accelerated pace in the month of October. The brokerage said that […]