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
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)
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Kitex Garments Limited (06-11-2024)
Can someone please help me understand how the company is paying such low interest on loan? B/S shows 870 cr. of long term loan but only 3 cr. as interest payment. I read something related to 75% loan subsidiary from the Govt. of Telangana, but couldn’t find any details regarding it to fully understand.
Kitex Garments Limited (06-11-2024)
Can someone please help me understand how the company is paying such low interest on loan? B/S shows 870 cr. of long term loan but only 3 cr. as interest payment. I read something related to 75% loan subsidiary from the Govt. of Telangana, but couldn’t find any details regarding it to fully understand.