Just when the MFIs were trying to write-off the Covid losses and re-start their growth journey, the 2 nd wave came and hit them. Given that this wave has penetrated the depth of India’s hinterland, the MFI sector has been very vocal is demanding an emergency credit line of Rs.15,000crs, government relief through Partial Guarantee scheme and enhancement the lending rate. As investors, we may be tempted to think that last few quarters should be treated as “exceptional” due to cyclones, special ...

The lure of yellow metal for Indians has stood the test of time courtesy the well-entrenched cultural psyche of gifting gold during marriage, purchasing gold during auspicious occasions, etc. GreenEdge’s View on Gold Gold has been accepted as a store of value since the last ~5,000 years in the minds of human beings. No other currency can boast of such a feat. (We all know the fate of crytos, bitcoins today after the initial hoopla surrounding it. You can read our Bitcoin article here – Memo 22...

DHFL NCD -A Good Fixed Income Opportunity? It’s not just the IPO market which is buzzing, but also the debt market, which is providing back-to-back opportunities not only to lock-in your monies at higher fixed interest rates vs. Bank FDs but are also offering scope for capital appreciation. The last 3 months saw the launch of Edelweiss Housing Finance NCD & Mahindra & Mahindra Financial Services NCDs, while August will witness the launch of Dewan Housing Finance Ltd’s (DHFL) Non-Convertible D...