Microfinance lenders hesitate to adopt the Centre’s credit guarantee cover due to high costs and stringent audit processes. While some lenders find the current stress transient, others seek a tailored scheme. High premiums and partial coverage make the scheme unattractive unless NPAs exceed 6%. Some banks, facing higher NPAs, utilize the cover as risk mitigation.
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,
August 29, 2026