Microfinance companies are expected to face profitability challenges in FY25, driven by rising credit costs and a potential compression in interest rate margins, according to ICRA. Tighter lending practices and a significant increase in overdue loans will negatively impact business volume and loan quality.
Thangamayil Jewellery shares crash 32% in a week. What should investors do?
Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first