Tag «grows»

Microfinance universe grows by over 50% YoY: 27th Issue of MFIN Micrometer

New Delhi, 03 December, 2018: The entire microfinance industry witnessed a growth of 51% YoY in Q2 FY2018-2019 with total Gross Loan Portfolio (GLP) standing at Rs 1,46,741 crore according to 27th edition of Micrometer report by Microfinance Institutions Network (MFIN)as on 30th September, 2018. Non-Banking Finance Company-Microfinance Institutions (NBFC-MFIs) have grown by 50% YoY …

Cash Suvidha grows 4-fold in the past Financial Year

New Delhi, May 21, 2018: Cash Suvidha, trade name of Usha Financial Services and a fast propelling fintech company has witnessed a 4-fold growth in terms of revenue in Financial Year 2017-18, in which company successfully disbursed loans worth Rs 122 crore. In Q4, the company has reported revenue of Rs 4.95 crores, up from …

SBI Card customer base grows to five million

    The company added over one million cards in last one year ­    Growth in cards base has been complemented by rise in spend ­    With 40%+CAGR in card spends over last five years,as against industry rate of 20-25%,SBI Card has achieved second largest spend share in the industry Hyderabad, September18, 2017: SBI Card, the …

Employment through Swedish companies grows by 20 percent 

New Delhi, May 17, 2017:The ninthSweden-India Business Climate Survey shows that the business climate in India is more favourable than ever before. Swedish companies in India have an ongoing positive business sentiment and year after year the Swedish companies showa long-term commitment towards the growth and development of India.The business community employs 185,000 people directly …

Nielsen: Chinese Consumer Confidence Index Grows in Q4 of 2016

Beijing — Feb 21, 2017 —After experiencing three consecutive quarters of stability, the Chinese Consumer Confidence Index (CCI) rose from 106 in the third quarter of 2016 to 108 in the fourth, according to the latest Nielsen Consumer Confidence Index survey. Throughout 2016, the quarterly consumer confidence index remained stable in the 105-108 range, showing …

Myntra grows 80% YoY; Set to achieve profitability in FY18

Bengaluru, December 1, 2016: Myntra, India’s leading platform for mass premium fashion today announced that it has witnessed 80% year on year growth with an industry leading revenue run rate of $ 1 billion. The acquisition and turnaround of Jabong and the recently concluded festive season have contributed to this growth and strengthened Myntra’s position …

Inequality Grows as Economies Develop, Regardless of Technology

PRINCETON, N.J.—While technological progress favoring skilled workers is one of the main drivers behind inequality in America, the chasm between the rich and poor also grows naturally as an economy develops, according to a study led by Princeton University’s Woodrow Wilson School of Public and International Affairs. When economies grow and individuals become richer, demands …