Moody's Warnings for Downgrading IIFL Finance, Hero Fincorp; the outlook for Muthoot Fin changes to negative

Moody’s Warnings for Downgrading IIFL Finance, Hero Fincorp; the outlook for Muthoot Fin changes to negative

  Moody’s said the rating action follows the rapid and increasing spread of the coronavirus outbreak, worsening global economic outlook, volatile oil prices and asset…

View More Moody’s Warnings for Downgrading IIFL Finance, Hero Fincorp; the outlook for Muthoot Fin changes to negative
Bandhan Bank, repayment of bank debts, collection of bank debts, microfinance, impact of coronavirus on banking

“Bandhan Bank does not foresee many flaws in microfinance collections once the block is lifted”

  Loans and advances increased 10% quarter to quarter to Rs 71,825 crore (approximately) for the fourth quarter. The private sector lender, Bandhan Bank, does…

View More “Bandhan Bank does not foresee many flaws in microfinance collections once the block is lifted”
The realization amounts to 100% including the principal and interest on such loans.

We have sufficient liquidity in all four of our NBFCs: Thomas John Muthoot, CMD, Muthoot Pappachan Group

  The realization amounts to 100% including the principal and interest on such loans. By Hariprasad Radhakrishnan Non-bank finance companies (NBFCs) should be allowed to…

View More We have sufficient liquidity in all four of our NBFCs: Thomas John Muthoot, CMD, Muthoot Pappachan Group
Covid 19 scenario, Covid 19 crisis, lockdown, Ujjivan Small Finance Bank, Ujjivan Small Finance Bank asset quality, Ujjivan Small Finance Bank microfinance book, Ujjivan Small Finance Bank repayments, Ujjivan Small Finance Bank moratorium

We need to be better prepared for the post-Covid-19 scenario: Nitin Chugh, CEO, Ujjivan Small Finance Bank

  Once the lockdown is over, companies should be able to get back on track faster than people who depend on daily wages. By Hariprasad…

View More We need to be better prepared for the post-Covid-19 scenario: Nitin Chugh, CEO, Ujjivan Small Finance Bank
K Paul Thomas, MD & CEO, ESAF Small Finance Bank

The short-term impact of COVID-19 will be severe in all segments: K Paul Thomas, CEO, ESAF

  K Paul Thomas, MD & CEO, ESAF Small Finance Bank ESAF Small Finance Bank was established in March 2017 and within two years of…

View More The short-term impact of COVID-19 will be severe in all segments: K Paul Thomas, CEO, ESAF