The net interest margins (NIMs) of microfinance institutions (MFIs) are expected to shrink in the financial year 2025 ended in march, due to emerging challenges in asset quality and declining yields, according to a recent report by Mavenark Advisors.
Non-Banking Financial Companies (NBFCs) are growing at a higher rate than India's overall economic growth and it is expected to continue its growth at a faster pace according to a new report released by Mavenark Advisors.
Singapore, May 5: AVPN, the largest network of social investors in Asia, today announced the recipients for funding from the AI Opportunity Fund: Asia Pacific, a USD 15-million initiative supported by Google.org and the Asian Development Bank (ADB). The organisations are receiving support to
Goa Governor PS Sreedharan Pillai said the Shirgaon Jatra stampede was the first of its kind in the state's history. He conveyed condolences from the PM and President, and confirmed financial aid and medical support for victims.
A Taiwanese intelligence official revealed that the Chinese Communist Party is funding trips for Taiwanese temple-goers to attend religious and cultural events in China, offering financial incentives to local organisers as part of united front efforts to deepen cross-strait influence.
"Some big decisions are being taken continuously, and the purpose is quite clear, to not only will we weaken them (Pakistan) from the strategic point of view. We will also destroy them financially. The nation that harbours terrorism has done nefarious acts in India's territory," Rajeev Ranja
On Balidan Diwas, CM Pushkar Singh Dhami paid tribute to freedom fighter Shaheed Veer Kesari Chand. He announced the naming of an ITI after him and a Rs 5 lakh grant for the annual fair in his honour.
Zupee, India's leading skill-based gaming platform, recently announced a record-breaking financial year, clocking in Rs. 1,123 crore in net revenue and Rs. 146 crore in profit for FY24--marking its first-ever full-year profitability.
Mumbai (Maharashtra) [India], May 3: Tata AIA Life Insurance, one of India's leading life insurers, offers the Tata AIA Smart Sampoorna Raksha Supreme, a comprehensive life insurance and investment solution. Designed to meet diverse customer needs, the plan offers robust protection alongside
The drop places Pakistan just one spot above the lowest category in RSF's rankings. Pakistani media reports attribute this decline to mounting political interference, financial strain on media organisations, and a surge in violence against journalists.
The Delhi High Court has issued notice to the Central Bureau of Investigation (CBI) on a petition seeking direction to investigate serious allegations of corruption and financial misconduct. The case is related to a shopping mall project in West Delhi.
India's Regional Rural Banks (RRBs) are set to play a growing role, with their business expected to rise to around 5.2 per cent of GDP by Financial Year (FY) 2030 from 3.7 per cent in FY24 post-consolidation, according to a latest report by PwC.