Abhishek Kothari

Spandana Sphoorty reported a net loss of ₹204 crore in Q2FY25, driven by a sharp rise in gross NPAs and provisions. AUM grew 7.7% YoY to ₹10,537 crore, while disbursements fell 40% as borrower stress mounted.

Out of the 10 analysts that have coverage on Spandana Sphoorty, six of them have a "buy" rating, while the other four have a "hold" recommendation.

Out of the 10 analysts that have coverage on Spandana Sphoorty, six of them have a "buy" rating, while the other four have a "hold" recommendation.

Shares of Five-Star Business Finance Ltd. fell as much as 11% on Wednesday, October 30, despite the company reporting a strong performance for the September quarter.

CNBC-TV18 had reported about the stress in the MFI space in May this year, which is showing up on the balance sheet of these companies.

Year-to-date (YTD), the deposit growth rate has consistently surpassed credit growth. Deposits increased by 6.5% compared to last year, while overall credit growth stands at 4.9%.

Aptus Value Housing Finance posted solid Q2 results, with a 27% rise in AUM and a 22% increase in net profit. Enhanced digital adoption and expanded branches supported growth and stability.

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday, November 6, cautioned that a recent shift in the central bank's stance to “neutral” does not imply an imminent interest rate cut.

PNB Housing Finance Share Price | On Tuesday, November 12, CNBC-TV18 reported, citing sources that Quality Investment Holdings PCC was to sell 9.43% stake in PNB Housing Finance, amounting to 2.45 crore shares, at an offer price of ₹939.3 per share.

Shares of Varun Beverages Ltd ended at ₹573.50, down by ₹10.65, or 1.82% on the BSE.