NBFCs are expected to face pressure on margins due to liquidity issues and high funding costs in Q3 of 2024. Microfinance companies and those with high unsecured loans may see payment delays. Analysts predict slowed credit growth, elevated credit costs, and deteriorating asset quality, exacerbated by subdued vehicle financing and regulatory scrutiny.
NSE IX signs MoU with Cyprus stock exchange to boost cross-border market ties
The strategic partnership was officially sealed during Prime Minister Narendra Modi’s state visit to Cyprus, in the presence of Cypriot President H.E. Nikos Christodoulides, at