Fusion Finance

Fusion Finance's CEO said the first tranche of rights issue of Rs 400 crore was fully utilised for disbursements, and not for write-offs. The second tranche of the rights issue will be received by December, which too will be utilized for disbursements.

Buy Fusion Finance; target of Rs 225: ICICI Securities

ICICI Securities is bullish on Fusion Finance has recommended buy rating on the stock with a target price of Rs 225 in its research report dated November 07, 2025.

Fusion Finance founder Devesh Sachdev steps down from board, exits all roles

Sachdev's resignation from the board, which came into effect on November 4, formally completes his exit from all executive and governance roles at the micro-finance lender

Stocks to Watch Today: HCL Tech, Jain Resource, Bharat Electronics, Shilchar, Epack Prefab, Kirloskar Ferrous, Fusion Finance, Lloyds Metals in focus on 23 October

Stocks to Watch, 23 October: Stocks like Jain Resource Recycling, Epack Prefab Technologies, Bharat Electronics, Kirloskar Ferrous Industries, HCL Technologies, Fusion Finance, Zaggle Prepaid Ocean Services, Nectar Lifesciences, Lloyds Metals and Energy, Filatex India, Gulshan Polyols, LTIMindtree, and United Breweries will be in focus on October 23.

Focused on curbing opex and credit cost, says Fusion Finance CEO Sanjay Garyali

The microfinance lender plans to step up its MSME business. MFI and MSME will be built as two separate business units, with two separate COO, says Garyali

Neutral Fusion Finance; target of Rs 170: Motilal Oswal

Motilal Oswal recommended Neutral rating on Fusion Finance with a target price of Rs 170 in its research report dated May 26, 2025.

Fusion Finance auditors issue qualified report after Q4 FY25 results, flag ECL issue

The auditors flagged the company’s decision not to retrospectively adjust previous financials for expected credit loss (ECL) provisions to the tune of Rs 1,864.91 crore, citing impracticability.

MC Exclusive | Warburg expected to lead troubled MFI Fusion Finance’s rights issue

However, sources say that Creation Investments, another stakeholder in Fusion, is hesitant to fully back the initiative.

Sanjay Garyali appointed as CEO of Fusion Finance

Sanjay Garyali was earlier the L&T Finance’s chief executive of urban finance

Reduce Fusion Finance; target of Rs 160: ICICI Securities

ICICI Securities recommended reduce rating on Fusion Finance with a target price of Rs 160 in its research report dated February 13, 2025.

Fusion Finance’s losses swell to Rs 719 crore in Q3

For a second quarter in a row, auditors have flagged the company’s ability to remain a going concern without waivers from lenders or securing sufficient funds

MFIs facing a crisis of confidence post-Q3

Analysts are increasingly turned negative on NBFC-MFIs, suggesting potential headwinds for the sector

Fusion Finance increases rights issue size to Rs 800 crore

On November 26, ratings agency ICRA downgraded ratings and outlook of Fusion Finance’s NCD programme and subordinate debt due to concerns over asset quality and profitability.

MFI loan disbursements likely to be muted in November

This would be the third straight month of weak disbursements for the sector. Industry leaders warn that prolonged shrinkage in monthly disbursements could significantly hamper access to bank funding for NBFC-MFIs in the near term.

ICRA ratings downgrades Fusion Finance’s ratings, outlook on concerns over asset quality, profitability

Fusion Finance Ltd announced its Q2/H1 FY2025 results on November 15, wherein it reported a higher-than-expected deterioration in its asset quality and profitability.