Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending. Assets under management aim to reach ten thousand crore rupees this fiscal year. This…
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Sebi’s new rules significantly lowered retail investor losses in equity derivatives. Aggregate net losses dropped to Rs 91,685 crore in FY26 from Rs 1.12 lakh crore. Retail investor volumes and trading turnover also saw a decline in the same period.…
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Sebi’s new rules significantly lowered retail investor losses in equity derivatives. Aggregate net losses dropped to Rs 91,685 crore in FY26 from Rs 1.12 lakh crore. Retail investor volumes and overall trading turnover also saw a decline in the same…
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The microfinance sector experienced a noticeable easing of asset quality stress in June, thanks to lenders aggressively addressing bad loans, which bolstered the portfolio’s performance. The average loan amounts saw an uptick as lenders prioritized dependable borrowers. Meanwhile, the seasonally…
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The government has approved a proposal to introduce one billion polymer banknotes each in Rs 10 and Rs 20 denominations for field trials, Parliament was informed on Tuesday.
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Fitch affirmed India’s sovereign rating at BBB- while noting robust growth prospects. The agency expects India’s economy to grow at 6.4% in financial year 2027. High deficits and lagging structural metrics remain constraints to India’s rating. India’s government debt is…
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