Microfinance loans continue to remain the lender’s mainstay business, accounting for around 44.6% of its loan portfolio, as of March 31. The balance comprises of secured advances such as loans to micro, small and medium enterprises, loans to non-banking finance companies and gold loans.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in