Moneycontrol Pro Weekender | Bulls roar in whirlwind week
Market salutes conservative Budget stance
Source: moneycontrol.com
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Moneycontrol Pro Weekender: Ode to consumption
Can consumption continue to support growth? We'll soon know how strong festive demand has been
Source: moneycontrol.com
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 25% for the company between FY23 and FY25.
Source: indiatimes.com
mas financial: MAS Financial will touch Rs 1,000 crore AUM by 2025 and grow at 30% plus in HFC: Kamlesh Gandhi
“If the focus is on asset creation and credit quality, growth automatically will be at a calibrated level. And that is where the consistency comes in. So this is what we have demonstrated and we believe that as lenders we are mandated to create quality and not quantity.”
Source: indiatimes.com
BharatPe raises Rs 100 crore in debt from MAS Financial; Rs 600 crore raised so far this year
BharatPe says it is on track to meet debt raise targets for FY22. It is the eighth round of debt-raise for BharatPe in 2021 alone.
Source: businesstoday.in