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Improving direct distribution, stable asset quality augur well for MAS Financial Services

Ahmedabad-based MAS Financial Services, a micro, small, and medium enterprises (MSME) financer, has seen significant growth in its loan assets and stable asset quality. The company expects to double its loan book every three to four years and aims to reach over Rs 10,000 crore in assets under management (AUM) by September 2023. MAS Financial Services has a strong presence in Gujarat and plans to increase its loan disbursement through direct distribution. Analysts predict an annual AUM growth of ...
Madhya Pradesh Financial Services Motilal Oswal Financial Services Intelligence Group Axis Securities Mas Financial Services

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Suicide bomber kills at least 7 in Somali tea shop; al Shabaab claims responsibility

Al Qaeda-linked al Shabaab group claimed responsibility for the attack in a statement on its Arabic media unit Shahada News Agency, the SITE Intelligence Group reported on Friday. The witness and medical personnel who were at the scene put the number of dead at seven and the wounded at up to eight. Sadik Ali, the police spokesperson, said the blast killed five people and wounded six others, adding the bomber was a member of al Qaeda-linked al Shabaab.
Al Qahirah Sadik Ali Ahmed Ali George Obulutsa Abdi Sheikh Toby Chopra
Source: yahoo.com

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