CreditAccess may navigate the choppy MFI waters better

CreditAccess Grameen’s shares have surged by nearly 17% over four trading sessions despite a sequential decline in loan disbursements and a net loss due to increased provisioning. The company has forecasted recovery in operating parameters starting from the March quarter, with improved business momentum and risk management.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry