Latest Updates Around The World
According to the Crisil Ratings report, the assets under management (AUM) of non-banking financial companies (NBFCs) specializing in gold loans will witness a compound annual growth rate (CAGR) of 40 per cent between this fiscal and the next, crossing ₹4 lakh crore by March 2027. The increase in assets under management of NBFCs (with a […]
According to Motilal Oswal, credit growth trends remained mixed across segments during the quarter, although there was a clear demand revival | Photo credit: Non-banking finance companies are likely to report 15-20 per cent year-on-year (yoy) growth in assets under management (AUM) in Q3FY26 and show healthy asset quality trends, say analysts. “We expect AUM […]
The RBI said its directions are subject to specific conditions based on the property category and loan amount sanctioned. Banks and Non-Banking Finance Companies (NBFCs) cannot charge prepayment charges on floating rate loans extended to individuals for non-business purposes and to individuals and Micro and Small Enterprises (MSEs) for business purposes, as per the RBI’s […]
According to Dikshit Mittal of LIC Mutual Funds, Indian equity markets have been consolidating over the past 15 to 20 months, and investors are waiting for key triggers to drive the next phase of the bull run. Speaking to ET Now, Mittal emphasized that earnings growth, a possible trade deal or stabilization of the rupee […]
The share of market borrowings of NBFCs in total liabilities will increase from 43 per cent in FY24 to 64 per cent in FY27 | Photo credit: iStockphoto Non-banking finance companies (NBFCs) will increasingly tap capital market instruments such as external commercial loans (ECBs), non-convertible bonds (NCDs), commercial paper (CPs) and inter-corporate deposits to finance […]
The MFI sector’s total loan book fell by ₹4.3 lakh crore to ₹3.3 lakh crore after lenders implemented the MFIN’s new guideline | Photo credit: While Indian banks remain reluctant to lend to microfinance institutions (MFIs), the MFI sector can turn to global capital pools for the impact they have on the ground, said Royston […]
Mumbai: Building on last week’s momentum, the Indian stock market witnessed strong gains from the banking sector, while metals posted mild gains. Nifty remained above 25,900 points, indicating resilience in major indices despite a quiet trading day. Market expert Rohit Srivastava said in an interview with ET Now: “The next level for Bank Nifty is […]
M Nagaraju, Secretary, Ministry of Financial Services As India aims to become a developed country by 2047, it should consider extending more banking licenses to non-banking finance companies (NBFCs) and universal banking licenses to small finance banks (SFBs), M Nagaraju, secretary, Department of Financial Services (DFS) said at the State Bank of India (SBI) banking […]
Goldman Sachs has turned bullish on Indian banking stocks, saying easing financial conditions, low earnings expectations, improving profitability and attractive valuations are paving the way for a strong recovery. The brokerage expects Nifty Bank to outperform the broader market, with banks and NBFCs offering up to 30% upside from current levels. 1. Easier financial conditions […]
India’s financial system has undergone a structural transformation While bank credit expansion during FY25, non-banking sources, both domestic and foreign, played an important role in bridging the financing gap for the commercial sector in India, according to an article in the last monthly Bulletin of RBI. The Increase in Funding from Non-Bank Sources During Fy25 […]
