Non-performing assets in the microfinance sector soared to ₹50,000 crore at the end of December, reaching a 13% ratio of gross loans. The sector faced elevated stress from over-lending and deteriorating credit discipline, despite regulatory measures to lower capital allocation requirements for risky assets.
Q4 results today: JSW Steel among 200 companies to announce earnings on Friday
The fourth quarter earnings season is nearing its end. Around 200 companies will announce their quarterly numbers on Friday. JSW Steel is expected to show