Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significantly by March 2027. This improvement stems from microfinance portfolio recovery and stable non-microfinance growth. Tighter underwriting practices have strengthened borrower selection in microfinance portfolios. Borrower over-indebtedness caused past credit stress in microfinance books.
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date
Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November