NBFC

Edtech firm PhysicsWallah on Thursday said it plans to exit from the business of direct financing for students and instead partner with NBFCs for education loans. The move comes after a recent announcement wherein the company said it will invest Rs 120 crore through an equity-infusion in its fully-owned subsidiary FinZ Finance Private Limited. "Physicswallah Limited wishes to inform the exchanges that it is restructuring its lending strategy and has tied up with multiple leading regulated third-party NBFCs to enable student lending needs. This decision reverses the company's earlier approach and is intended to materially reduce balance sheet and credit related risks for the company," the company said. PW said strategic direction for FinZ Finance will be decided in the near future subject to the board and other regulatory approvals. "We received feedback from our partners that our core strength lies in building communities and our online business. Our lending business is best left t

Bhaskar Basu, Kamal Mulchandani, and Prakhar Sharma, equity analysts at Jefferies, expect PFL to deliver a 33 per cent AUM CAGR - the fastest among major NBFCs

Recovery agent harassment: Your rights, RBI rules, and steps to take if loan collection turns abusive

Muthoot Fincorp's board also cleared plans for NCD issuances, private placements, and a commercial paper programme with a limit of Rs 30,000 crore

Axis Finance's Rs 2,250-crore capital infusion from Axis Bank and Kedaara Capital is expected to support the NBFC's growth and delay upper-layer classification

Rural-focused microfinance institution Sindhuja Microcredit on Monday said it has raised USD 5 million (Rs 47 crore) in a pre-series D funding round from its existing investors. The funding round saw participation from Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit, the company said in a statement. The Noida-headquartered NBFC-MFI will utilise the fresh capital to strengthen its capital base, support business expansion, and scale up access to credit for underserved communities. "We are making significant progress in our mission in touching the lives of low-income women borrowers from under-served households as well as in making financial services accessible to the financially excluded and MSME entrepreneurs through efficient, customer-friendly and technology-enabled solutions," Sindhuja Microcredit Co-Founders Abhisheka Kumar and Malkit Singh Didyala said in a joint statement. "The latest funds will drive us to the next phase of growth by further expand

RBI warns borrowers against fraudulent loan waiver claims, urging them to approach authorised lenders directly and avoid misleading campaigns that may cause financial loss

Bank credit to NBFCs rises sharply as shadow lenders shift funding sources amid high bond yields, supported by regulatory easing and improved banking liquidity

India Ratings and Research on Thursday said the cost of funds for non-banking finance companies and housing finance companies could rise marginally over the medium term amid geopolitical tensions, uncertain macroeconomic conditions and the limited transmission of policy rate cuts by banks. India Ratings and Research (Ind-Ra) said that despite recent policy rate cuts, borrowing costs are unlikely to soften meaningfully due to weak transmission, higher deposit competition and cautious capital markets. It expects that changes in the funding mix, rather than liquidity stress, will define the sector's dynamics. In a statement, Ind-Ra said the expectation of a marginal increase in the cost of funds for non-banking finance companies (NBFCs) and housing finance companies (HFCs) over the near-to-medium term arises from wider spreads in bond markets due to geopolitical tensions, uncertain macroeconomic conditions and the limited transmission of policy rate cuts to bank lending rates. The age

RBI has exempted smaller NBFCs from registration and introduced a structured exit route, allowing eligible firms to apply for deregistration through its PRAVAAH portal

This trend suggests that lenders are prioritising credit discipline over growth, particularly in a macro environment marked by cautious lending

The association said that the investment round represents an industry commitment to building a regulated digital public infrastructure layer for consent-based financial data sharing

Threshold for 150% risk weight raised to ₹500 crore; draft norms' tougher proposals pared back

India's small business credit portfolio remains resilient at ₹47.8 lakh crore, though growth moderated amid a higher base, even as smaller-ticket loans gained share

In the near-term, the non-gold portfolio will continue to consolidate before resuming growth momentum in a calibrated manner from FY27 onwards, analysts at Axis Securities said in the Q3 result update

HDB Financial shares gain over 6 per cent after reporting over 40 per cent YoY jump in Q4 profit, aided by lower provisions and improving asset quality outlook

RBI's proposed SBR framework changes may significantly expand NBFC upper layer coverage, boosting asset share to nearly 70 per cent and strengthening systemic oversight

NBFCs are likely to report healthy Q4FY26 earnings on steady credit demand, though elevated funding costs and geopolitical risks may weigh on margins and asset quality

Only way out for the CIC is to get de-registered as an NBFC

Opens door for inclusion of state-owned NBFCs