The Union Budget’s proposal for public sector banks to have a Grameen Credit Score (GCS) framework for self-help groups is expected to help finance in rural areas and enforce repayment discipline.
Employees of autonomous bodies and public sector undertakings (PSU) as well as gramin dak sevaks are not covered by the 7th Pay Commission. Employees at PSU are paid differently based on the ...
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Shares of CreditAccess Grameen dropped 5.1% after Goldman Sachs maintained a ‘sell’ rating, citing liquidity pressures and increasing delinquencies, with a target price of Rs 577 per share.
Shares of Microfinance player CreditAccess Grameen Ltd. are expected to see further downside of another 40%, brokerage firm Goldman Sachs wrote in a note on Wednesday, January 15. The brokerage ...