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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,