Financial Risk News - Latest Updates & Headlines
ICRA flags rising risks in unsecured securitised pools; collections of microfinance dropped to 90% in Q3 FY25
New Delhi, March 13: The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday.
IMF cautioned of systemic risks in India's NBFC sector due to high exposure to power and infrastructure sector
New Delhi, March 4: The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.