On paper, offering high-interest rates for high-risk cases may give the impression of charging excessively. However, high-risk cases are few, as most borrowers are not high-risk
So I think it will work well -low rate leading to more growth
When they say low rate in the industry , its actually not a low rate as microfinance industry runs on very high rate
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Manappuram Finance (06-11-2024)
Manappuram Finance (06-11-2024)
On paper, offering high-interest rates for high-risk cases may give the impression of charging excessively. However, high-risk cases are few, as most borrowers are not high-risk
So I think it will work well -low rate leading to more growth
When they say low rate in the industry , its actually not a low rate as microfinance industry runs on very high rate
Stock market update: Stocks that hit 52-week lows on NSE (06-11-2024)
Titan Company, HDFC Life, IndusInd Bank, Tata Steel and SBI Life were among the top losers on NSE.
Crude oil futures fall as industry data shows inventory gain in US (06-11-2024)
Market eyes results of the US presidential election
Nasdaq gains 1% ahead of US Elections (06-11-2024)
Nasdaq contributed heavily for the stocks to reach upside.
Volumes soar at Sapphire Foods India Ltd counter (06-11-2024)
Sapphire Foods India Ltd recorded volume of 13.81 lakh shares by 10:47 IST on BSE, a 75.44 times surge over two-week average daily volume of 18299 shares