NBFC-MFI sector growth to nosedive to 4% in FY25: CareEdge Ratings

Q: How long will it take to read this news story?

The story "NBFC-MFI sector growth to nosedive to 4% in FY25: CareEdge Ratings" has 358 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "NBFC-MFI sector growth to nosedive to 4% in FY25: CareEdge Ratings" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 305 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23555632</li><li>URL: https://beamstart.com/news/nbfc-mfi-sector-growth-to-17314252621138</li></ul>

Business Standard Logo Business Standard 1w ago

NBFC-MFI sector growth to nosedive to 4% in FY25: CareEdge Ratings - Business Standard

Quick Summary:

This may lead to a decline in return on average assets (RoTA) to approximately 0.4 per cent during the same period, compared to 4.3 per cent in FY24.

These issues, coupled with vulnerabilities to socio-political risks and natural disasters, further complicate the already challenging operating environment for NBFC-MFIs.

Its ability to recover and adapt has earned continued investor support, highlighting the sector's strength and its critical role in financial inclusion.