Tighter norms by SROs to hit business for microlenders

December 6, 2024

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.

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Stocks to buy: Trent, ITC and Hero MotoCorp on investors’ radar

Benchmark indices dropped in a volatile session as investors grew cautious ahead of the RBI’s monetary policy decision. Trent fell slightly, ITC declined by 1.5%,

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Q3 results today: ITC, SBI, Airtel among 174 companies to announce earnings on Thursday

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely

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