Latest Updates Around The World
Loan disbursements rose 23 percent quarter-on-quarter to ₹1,594 crore, the highest in the last five quarters The focus on strengthening portfolio quality and pursuing calibrated growth in a dynamic operating environment has helped microfinance company Fusion Finance return to profitability. The Warburg Pincus-backed company also improved margins and collection efficiency in the December quarter. Asset […]
Bajaj Finance added 4.76 million new customers to its franchise in Q3 and expects to add 17-18 million new customers to its franchise in FY26 | Photo credit: istock Largest domestic non-banking finance company (NBFC) Bajaj Finance on Tuesday reported a 6 per cent year-on-year (yoy) decline in consolidated net profit for the quarter ended […]
For decades, gold has held a unique position in Indian households, not only as a piece of jewelry or an investment, but also as a symbol of financial security, cultural continuity and long-term wealth preservation. It is estimated that India holds nearly 25,000 tonnes of domestic gold, worth over ₹126 lakh crore, making it one […]
Auto loan giant Shriram Finance on Friday reported a 21 per cent year-on-year (yoy) rise in net profit for the quarter ended December at ₹2,522 crore, excluding the one-time gain of ₹1,489 crore from the sale of the non-bank lender’s stake in subsidiary Shriram Housing Finance in the same period of the previous year. Including […]
Excluding the impact of the new labor laws, the NBFC’s bottom line would have grown 45 percent year-on-year to ₹686 crore in Q3FY26 | Photo credit: HDB Financial Services, backed by HDFC Bank, on Wednesday reported a 36 per cent year-on-year (yoy) rise in net profit for the quarter ended December at ₹644 crore, driven […]
Team of consulting auditors checking company financial report data (balance sheet, profit and loss account) on computer screen with business graphs, fintech | Photo credit: NicoElNino The Reserve Bank of India is likely to release its updated list of upper tier non-banking financial companies (NBFCs) by mid-2026, sources say, and may add large NBFCs, promoted […]
The top 15-20 NBFC-MFIs account for about 85 percent of the portfolio of NBFC-MFIs | Photo credit: Getty Images With just 20 days to go for the Union Budget, small and medium NBFC-MFIs (non-banking finance companies – microfinance institutions) are hoping that a credit guarantee scheme – mooted by industry bodies last year to encourage […]
The RBI has relaxed prudential norms on capital adequacy for non-banking finance companies (NBFCs) lending to high-end infrastructure projects even as it has extended a high level of protection to the lenders under new amendment guidelines. The amendment guidelines are primarily aimed at aligning risk weights with the actual risk characteristics of operational infrastructure projects, […]
NBFCs’ credit growth at the aggregate level has accelerated since March 2025 and stood at 21.3 percent year-on-year (yoy) in September 2025 | Photo credit: Andrii Yalanskyi The stress test on credit concentration of non-banking finance companies (NBFCs) conducted by the Reserve Bank of India (RBI) found that in an extreme scenario where the top […]
The fresh capital infusion not only gives the NBFC the firepower to ramp up lending but could also prepare it for a rating upgrade, making it cheaper to raise funds in the future | Photo credit: Reuters With the backing of Japan’s largest banking group MUFG, which is investing ₹39,618 crore in Shriram Finance, the […]
