Rising credit costs to hit bank profitability: CareEdge

December 14, 2024

Credit costs for non-bank lenders, particularly microfinance companies, are also expected to rise because of a significant deterioration in their asset quality. CareEdge expects credit costs for microfinance companies to rise to 6.5% of their loan book in the coming financial year, from 2.5% in the ongoing fiscal year ending March 2025.

More To Explore

India in striking distance of 8% growth as reforms boost economy: Shaktikanta Das

Das said the BFSI sector has a crucial role to play in India’s journey from a lower-middle-income economy to a high-income economy, through its intermediation

October 28, 2026

Icra sees bank credit growth slowing to 15-16% in FY27 as rates rise

Credit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are estimated to increase

October 28, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003