Microfinance loan portfolio fell to Rs 3.14 trillion in Q3 FY26, down 7.3% sequentially, with 50 lakh borrowers losing access to formal finance even as portfolio quality showed improvement
NBFC-MFIs are expanding into MSME loans, LAP and affordable housing finance as political developments, regulatory changes and sector stress push lenders to diversify beyond microfinance
Crisil Ratings expects gold-loan NBFCs to maintain strong profitability as rising demand, better operating leverage and benign credit costs support returns over the next two fiscals
India's top 100 unlisted firms generated Rs 8.9 trn in revenue in 2025, led by Reliance Retail, with Tata Electronics and other fast-growing firms signalling a strong pipeline of IPO-ready companies
India's currency in circulation reached a record ₹40 trillion in January even as the cash-to-GDP ratio fell to 11%, signalling incremental GDP growth increasingly financed through digital payments
Accelerated credit provisions and a one-time labour code charge weighed on Bajaj Finance's Q3FY26 profit, even as income growth and asset quality stayed healthy
The ₹2,750-crore primary capital infusion by Advent International values Aditya Birla Housing Finance at ₹19,250 crore and will support growth and market expansion
Aditya Birla Capital's consolidated net profit rose 33.3 per cent in Q3FY26, led by strong growth across its lending, insurance and asset management businesses
The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged
Despite a cumulative 125 basis point cut in the repo rate and record liquidity injections of about Rs 6.6 trillion during the current financial year, yields remained elevated
