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The sector-specific headwinds are expected to inflate operational and credit costs for microfinanciers in the medium term, Ind-Ra said. The rating agency expects asset quality stress for micro finance companies to continue in the near term with tightening of funding by banks and capital raising constraints expected to add to the challenges of the sector.
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News and Media
Now, exchanges offer weekly contracts of only their benchmarks. Nifty weekly contracts expire every Thursday, and Sensex contracts expire on Fridays. As a result, the volatility has been restricted to these two days. Starting January 1, Sensex weekly contract expiries have shifted to Tuesday from Friday.
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News and Media
This is the fifth rate hike requested by Nicor since 2018. Regulators have 11 months to review the new proposal, which, if approved, would be the largest gas rate increase in Illinois history.
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News and Media
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