Business-purpose loans to individual entrepreneurs grew faster than credit to commercial entities between 2023 and 2026, signalling a shift in MSME financing, says TransUnion CIBIL
Treasury executives expect the RBI's proposal to allow NBFCs into the term money market to deepen liquidity, boost trading volumes and modestly reduce funding costs for top-rated borrowers
Rating agency says diversification into gold, MSME and property-backed loans, along with a recovery in microfinance disbursements, will drive growth this fiscal
NBFC revises fixed deposit rates across select tenures from July 2 while retaining additional benefits for senior citizens, women and renewal customers
RBI said gold loans have become the fastest-growing retail loan segment, with rising gold prices driving disbursements while improving lenders' collateral buffers
NBFCs and HFCs seeking to surrender their Certificate of Registration must submit revised applications through the PRAVAAH portal under the updated regulatory framework
Former HDFC chairman Deepak Parekh says India must pursue fresh banking reforms, deepen debt markets and broaden capital sources to finance long-term economic growth
CRIF High Mark data showed the microfinance industry's loan portfolio expanded in May as delinquencies eased further, while fresh loan disbursements remained broadly stable
The draft framework requires regulated entities to establish board-approved model risk management systems covering all models, including AI and machine learning applications
The revised framework mandates annual identification of Upper Layer NBFCs and brings government-owned entities under the same exposure norms as their regulatory peers
Central bank says prudential treatment of payment-linked credit facilities will depend on the nature of the underlying loan, irrespective of delivery mode
Gross FDI inflows rose 65 per cent year-on-year, while lower repatriation by foreign investors helped push net foreign direct investment sharply higher
Market participants expect the RBI to disclose FCNR(B) inflow data regularly after asking banks to submit daily figures under the special concessional scheme
Banks have been asked to furnish daily details of FCNR(B) deposits, ECBs and OFCBs mobilised under the RBI's concessional swap facilities announced on June 8
Banks, especially smaller lenders, may raise FCNR(B) deposit rates further after RBI temporarily removed the interest-rate ceiling on select maturities
Company plans to raise funds through multiple debt instruments, including secured and unsecured NCDs, perpetual debt and green bonds, subject to shareholder approval
