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.
Quant Small Cap Fund adds HDFC Bank, ICICI Bank and 5 others, reduces stake in Jio Financial and 3 more
Quant Small Cap Fund reshuffled its portfolio in February, adding HDFC Bank, ICICI Bank and five other stocks while reducing exposure to Jio Financial Services