Microfinance Business

The stock underperformance can’t be fully attributed to the soft quarter (micro risk) and/or sectoral headwinds (macro risk). The real concern is an event risk.

Is the worst over for Bandhan Bank?

Though Q3 earnings were muted, the same is set to improve in FY24; however, the stock may not see a big rally

Bandhan Bank registers disastrous Q2, no end to asset quality woes

Slippages at all-time high, huge write-off of assets during the quarter, provisions surged, guidance for credit cost revised upwards and loan growth is indicated to moderate in near term

This non-bank micro lender is the best play on recovery in microfinance

The management’s guidance is very positive and the expected good monsoon will provide a boost to the rural economy, which is a key target client market

Is the worst over for Bandhan Bank?

For Bandhan Bank, a lot depends on recoveries from borrowers or through various government schemes

Muthoot Pappachan Group to sell 11% stake in MFI biz to US fund

Creation Investments will invest Rs 100 crore investment for 9 percent stake, while it has an option to invest additional Rs 30 crore at March 2018.

Microfinance biz to regain normalcy in 3-4 weeks: Mannappuram

Speaking to CNBC-TV18 he said that microfinance business will take around 3-4 weeks to return to normalcy the gold loan business may not see a huge impact due to demonetisation.

Muthoot Fincorp eyes IPO in next 3 years

The promoters are also looking to dilute 25 percent stake in the company once it goes public. It is also in the process of hiving off its microfinance businesses.