Bengaluru-based NBFC-MFI CreditAccess Grameen posted a web revenue of ₹353.3 crore in Q3 FY24, up 64 per cent on yr, led by robust progress of 42.4 per cent in complete revenue to ₹1,295.2 crore. Additionally learn: Central Financial institution of India’s Q3 FY24 web revenue rises 57% y-o-y to ₹718 crore “Our profitability milestone touched … Read more
The Finance Business Growth Council (FIDC) mentioned it is going to proceed its endeavour to behave as an trade watchdog to forestall, cut back, and proper cases of questionable enterprise practices by means of persuasion and consensus-building amongst member NBFCs. The Council, which is a consultant physique of the RBI-registered NBFCs, underscored in its Imaginative … Read more
EMI (equated month-to-month installment) playing cards are essentially the most most popular medium for taking short-term credit score, with 49 per cent of debtors selecting the mode in 2023 owing to greater belief and quicker disbursals, as per a survey by Dwelling Credit score India, the native arm of Dutch client finance supplier Dwelling Credit score. … Read more