BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct's IPO Report
Fusion Micro Finance Ltd. was founded with the core idea of creating opportunities at the bottom of the pyramid. The company does so by providing financial services to unserved and underserved women in rural and semi-rural areas across India.
The company believe its network and services have improved accessibility to formal credit at affordable prices thereby positively impacting the lives of its customers in rural India.
Fusion Micro Finance is one of the youngest companies (in terms of getting an non-banking financial company-micro finance institution licence) among top NBFC-MFIs in India in terms of assets under management as of June 30, 2022, according to Crisil.
In addition, it had the fourth fastest growing gross loan portfolio compound annual growth rate of 53.8% between FY17 and FY21 among the 10 largest NBFC-MFIs in India, according to Crisil.
Click on the attachment to read the full IPO report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
