Jamie Dimon warned markets resemble pre-2008 conditions, citing risky behaviour, elevated asset prices and AI-driven disruption. He said people are doing “dumb things” to make money, warned of cyclical downturns ahead, and cautioned that enthusiasm around artificial intelligence could destabilise software and technology sectors globally over time.
Microfinance in revival mode; MFIs, private banks expand business in January
The microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. While the overall market saw a