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.
Trump actions will cause India’s GDP growth to slow down along with global economy: Swaminathan Aiyar
Swaminathan Aiyar warns that the US-China trade war and global uncertainty will impact India’s GDP and world trade, leading to slower economic growth. He predicts