Anand Rathi Share and Stock Brokers posted 126% YoY profit growth in Q4 to Rs 41.5 crore, driven by strong non-broking segments, margin expansion, and diversified revenue, despite weak broking income and volatile markets.
Microfinance lending dips as uneven monsoon alters the landscape
India’s microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and lender caution grew. The sector’s