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.
Biscuit maker Anmol Industries files for $188 million IPO
Anmol Industries has embarked on its journey to the stock market with an initial public offering planned at a valuation of up to 18 billion