NBFC

MCA extends FY26 filing deadlines to December 31 for financial statements and January 31 for annual returns, waiving additional fees amid concerns over portal glitches

Fintech funding rounds declined 41 per cent to 153 in January-September 2026, even as capital raised increased 14 per cent to $2.2 billion, signalling a shift towards established firms

Non-banking financial company HDB Financial Services on Wednesday reported a 34.2 per cent surge in profit after tax to Rs 780 crore in the September quarter of FY27 driven by higher loan demand and lower provisions. The financial services entity had earned a PAT of Rs 581 crore in the year-ago period. Its net interest income rose 15.6 per cent to Rs 2,534 crore in the July-September quarter of FY27, up from Rs 2,192 crore in the corresponding quarter of the previous fiscal year, the firm said in a stock exchange filing. HDB Financial Services' total income rose 12 per cent to Rs 3,188 crore for the quarter under review from Rs 2,851 crore in the year-ago period. Loan losses and provisions declined by 2.5 per cent to Rs 730 crore for the quarter ended September 30, 2026 compared to Rs 748 crore recorded in the same quarter last year. The company registered a 12 per cent growth in gross loan book to Rs 1.24 lakh crore during the quarter under review compared with Rs 1.12 lakh crore

The RBI’s rate hike could benefit some banks while putting pressure on NBFC margins. Which lenders are best placed to gain? Here’s what investors should watch in Markets This Week.

RBI Governor Sanjay Malhotra said the central bank sees no asset-quality concerns for NBFCs despite high liquidity, while bank credit growth is expected to remain strong

The maritime lender received bids worth ₹525 crore at coupons ranging from 7.69 per cent to 8.44 per cent, against its plan to price the 10-year bonds below 8 per cent

RBI's latest NBFC FAQs clarify definitions of CICs, principal business and public funds, shedding light on regulatory issues relevant to Tata Sons' failed deregistration bid

NBFC credit against gold jewellery grew 68.5 per cent year-on-year in July, while growth at banks moderated to 88.1 per cent from 136.4 per cent a year earlier

Banks' microfinance portfolio fell 28.5 per cent year-on-year as loan reclassification weighed on reported numbers, while NBFC-MFIs expanded their portfolio

MOFSL said that NBFC asset quality has emerged as the biggest positive surprise, with improved collections and moderated fresh slippages after nearly two years of stress.

Reserve Bank's proposal to bar NBFCs from providing revolving credit will disrupt legitimate working-capital finance used by small and medium enterprises, industry body FISME said on Tuesday, as it urged the central bank to reconsider the plan. The Federation of Indian Micro and Small and Medium Enterprises (FISME) has flagged concerns on the 'Draft Reserve Bank of India (Non-Banking Financial Companies Credit Facilities) Amendment Directions, 2026' issued earlier this month, saying a blanket ban on revolving credit by NBFCs may choke MSMEs' working capital. In the draft, the Reserve Bank of India (RBI) has proposed that "NBFC shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products". The central bank has sought stakeholders' feedback on the draft till August 28, 2026. FISME said that NBFCs play a critical role in serving enterprises, geographies, sectors and ticket sizes that are often not adequately served by banks. It

Aditya Birla Capital said its entry into the gold loan segment marks a strategic expansion of its secured lending portfolio and "complements its existing retail and MSME lending franchise

The fintech firm has shifted its digital lending operations to MDSPL after RBI approval and expects quarterly disbursals of more than Rs 1,000 crore.

The RBI's proposal to restrict flexible repayment loans by nonbanks could curb risks of bad-debt evergreening, but may also hurt self-employed workers and small businesses that rely on such credit

The gold loan-focused NBFC, which has filed its DRHP with Sebi for a Rs 3,000 crore IPO, doubled its total income to Rs 3,158.83 crore during the quarter

The RBI imposed a Rs 59.20 lakh penalty on IndusInd Bank and also penalised Fusion Finance, Northern Arc Capital and Muthoot MCred for regulatory lapses

The move aims to curb the risk of evergreening, where borrowers service loans through fresh drawdowns rather than genuine cash flows, according to analysts

The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards

The Reserve Bank of India indicates Tata Sons continues to be an upper-layer NBFC under principle-based norms, while its application to surrender its CIC licence remains under consideration.

The fintech firm is using AI to reduce loan application drop-offs and convert passive users into borrowers as it strengthens its lending business after securing an NBFC licence