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"Arohan Financial Services may launch IPO next month"
"We are not a bank but we operate on a core banking system, which enables us to manage all our customer transactions seamlessly"
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Microfinance industry keeps its fingers crossed for recovery
Industry leaders are hopeful of recovery by Durga Puja time as the repayment has gone up sharply to 90% on an average in July.
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MFIs to witness asset quality pressures in near term: ICRA
However, good on-balance sheet liquidity and sizeable provisions created by most MFIs in FY2021 will provide a cushion to them for absorbing further s
