Ajit Velonie, senior director, CRISIL Ratings, told Business Standard that players will be more proactive in making provisions for early bucket delinquencies and having management overlays.
Sensing the prospects on pressures on asset quality in the second quarter ending September, Fusion Finance Ltd, BSE listed MFI, over the weekend said it may be required to make an estimated credit loss (ECL) provisioning between ₹500-550 crore in Q2FY25 as compared to ₹348 crores provision in Q1FY25.
هذه القصة مأخوذة من طبعة September 24, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 24, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Qcom firms flouting domestic laws: CAIT
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More appetite for Swiggy than Zomato in long term
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Expansion, operational gains a positive for Hindalco
Consolidated net sales of Hindalco Industries stood at ₹58,200 crore, up 7 per cent year on year (Y-o-Y) and 2 per cent quarter on quarter (Q-o-Q) in the second quarter of the current financial year (Q2FY25), with better realisations and efficiencies in India.
Market regulator bats for easing angel fund norms
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Sebi takes up review of custodian norms
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FMCG sector's defensive cloak feels tear of market forces
The fast-moving consumer goods (FMCG) sector is losing its status as a defensive sector.
Sebi mulls action for lapses in AI usage
The Securities and Exchange Board of India (Sebi) on Wednesday proposed norms to specify responsibilities on its registered entities like mutual funds, stock brokers and market infrastructure institutions (MIIs) for the use of artificial intelligence (AI) and machine learning (ML) tools.
