Muthoot Microfin targets 40% non-JLG share as funding costs decline
The lender expects its cost of funds to fall to 9.75-9.8 per cent after its AA- rating upgrade and plans to raise the non-JLG portfolio share to 40 per cent in two years
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Business
Continue reading verified coverage and related developments on this desk.
More from Business
Latest developments and reports from the desk
India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…
Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen Schork
Stephen Schork, principal and editor at The Schork Group, discusses the Trump administration’s plans to take majority ownership of more than 65 billion barrels of Venezuela’s oil reserves. He also looks at refining…
Former boxer to host annual school uniform giveaway
Ex-Commonwealth lightweight champion Tommy Coyle is running the event in Hull for the seventh year.