CreditAccess Grameen’s stock has declined due to concerns over higher credit costs stemming from delayed improvement in its portfolio at risk. Despite accelerated write-offs in H1 FY26, the company is focusing on customer accretion and enhancing borrower quality. Analysts anticipate improved return ratios in the latter half of the fiscal year.Read More
The Enforcement Directorate is investigating over 50 individuals and firms for alleged money laundering through penny stock price rigging. Notices have been issued under the PMLA, requiring disclosure of financial information and associations with manipulated companies. This probe follows a raid on a tech firm, uncovering a syndicate involved in elaborate stock manipulation schemes.Read More
Foreign portfolio investors have offered positive feedback on Bloomberg Aggregate Index services, boosting the likelihood of Indian debt being included in the global index. Participants cited ease of trading, India’s sovereign rating, and competitive bond returns as key factors. This follows India’s inclusion in the emerging market local currency bond index earlier this year.Read More
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