India's IDFC First Bank hits 21-month low as microfinance stress hits Q3 profit
(Reuters) -Shares of IDFC First Bank fell as much as 8% on Monday to their lowest in 21 months after the private lender said its third-quarter profit more than halved, hurt by delinquencies in ...
HBL Microfinance Bank and the International Finance Corporation Sign a Landmark US$ 80 Million Risk Sharing Agreement
HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the ...
India's IndusInd Bank sees microfinance stress stabilising from Q1 of next fiscal year
India's IndusInd Bank on Friday said it expects to see stress in the microfinance segment stabilising from the first quarter of the next fiscal year, after it reported a drop in third-quarter profit ...
India's IDFC First Bank hits 21-month low as microfinance segment weighs on Q3 profit
Shares of IDFC First Bank fell nearly 7% on Monday to their lowest in 21 months after the private lender reported its third-quarter profit more than halved, hurt by higher bad loan provisions in the ...
Reuters19d
India's IDFC First Bank hits 21-month low as microfinance stress hits Q3 profit
IDFC First Bank continues to face challenges in managing high operating expenses and elevated credit cost, particularly in the microfinance segment, Centrum Broking said in a note. The bank's ...