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Federal Bank Plunges 5% as MFI Woes Bite – Q1 Profits Take a Hit
Federal Bank Plunges 5% as MFI Woes Bite – Q1 Profits Take a Hit
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Another day, another bank feeling the squeeze. Federal Bank shares tanked 5% after microfinance stress gutted its Q1 earnings—because nothing says 'stable investment' like volatile MFI exposure.
Profits dip? Check. Market panic? Obviously. The usual suspects—regulatory headaches and shaky loan portfolios—strike again. Meanwhile, traditional finance keeps pretending decentralized alternatives don’t exist. Funny how that works.
Bottom line: If you’re still banking on banks to bank reliably, maybe rethink your strategy. Or just HODL crypto instead.
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