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Sitharaman may reveal the true state of India's finances on February 1

The government may present other liabilities on its books, a move that could raise fiscal deficit sharply.

SKS Microfinance

Jan 20, 2020, 11.02 AM IST

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SKS MICROFINANCE

Axis Bank evaluating the acquisition route to scale up microfinance business

Axis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet. "We are evaluating opportunities all the time," he said, adding that the microfinance firms, which are doing well and can be a good fit, are mostly overvalued. "Nothing is on the cards at present."

Microfinance industry grew by 42.9% in Q1 of FY'20

Banks hold the largest share of portfolio in micro-credit with total loan outstanding of R...

IndusInd Bank-Bharat Financial merger to be effective from July 4

In accordance with the scheme, Bharat Financial shareholders will get 639 s...

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