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MFIs’ total loan portfolio grows 5% to Rs 2,62,598 crore as on March 2022: Report

MFIs’ total loan portfolio grows 5% to Rs 2,62,598 crore as on March 2022: Report

Microfinance industry loan portfolio grew by 5 per cent year-on-year to Rs 2,62,598 crore in the fiscal ended March 2022, according to a report by Sa-Dhan released on Tuesday. In the year-ago period, the same stood at Rs 2,50,826 crore. Sa-Dhan is an RBI recognised Self Regulatory Organisation (SRO) for microfinance institutions. In the last quarter [...]
Bajaj Electricals Q4 Results: Consolidated net profit down 29%

Bajaj Electricals Q4 Results: Consolidated net profit down 29%

Bajaj Electricals on Tuesday reported a 28.73 per cent decline in consolidated net profit at Rs 38.67 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 54.26 crore for March quarter of the previous fiscal year, Bajaj Electricals said in a regulatory filing. However, total revenue from [...]