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May 7, 2024
“We closed a very successful FY24 with the highest ever profit after tax, consistent growth in AUM, healthy return ratios and overall robust operational and financial metrics," managing director Devesh Sachdev was quoted as saying in a note issued by the company.
February 21, 2024
Centricity, a Gurugram-based wealth technology startup, aims to revolutionize wealth management for affluent HNIs and UHNIs. Its technology-first platform, OneDigital, addresses challenges faced by FPDs and SFOs, while the boutique INVICTUS platform caters to the needs of SFOs and UHNIs.
October 5, 2023
Fusion Micro Finance and NSE, one of Indias leading NBFC-MFIs, has announced that CRISIL, the Credit Rating...
October 4, 2023
(This story has not been edited by THE WEEK and is auto-generated from a PTI
October 4, 2023
Get latest articles and stories on Business at LatestLY. New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL, the Credit Rating Agency, has upgraded its credit rating on the Bank Loan Facilities and Non-Convertible Debentures of Fusion Micro Finance Limited to 'CRISIL A+/Stable' from 'CRISIL A/Stable'. Notably, this is the second upgrade by CRISIL fo...
August 2, 2023
Net interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year ago period. Total income rose 53.4% at Rs 553 crore.
May 23, 2023
The company reported its net interest income (NII) at Rs 273.75 crores, clocking a 10.51 percent growth on a quarter-on-quarter basis. Whereas profit after tax (PAT) for the quarter was reported at Rs 114.52 crores clocking a growth of 11.77 percent.
November 29, 2022
The newly-listed company Fusion Micro Finance has announced its earnings for the second quarter of the current financial year 2022-23.
November 17, 2022
Get latest articles and stories on Latest News at LatestLY. The microfinance industry grew over 16-times in the last decade with a loan portfolio of Rs 2.85 lakh crore, a study has said. Latest News | Microfinance Sector Grows over 16-fold to Rs 2.85 Lakh Crore over Last Decade : Report.
November 8, 2022
New Delhi: Microfinance Institutions Network (MFIN), industry association for Microfinance and RBI-recognized self-regulatory organization launched the 2nd edition of Micro Matters: Macro View – India Microfinance Review FY 2021-22 on 4th of November in Mumbai. Dr Alok Misra, CEO and Director of MFIN welcomed the audience in a packed hall, set the context of the report, and