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.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026