NBFC

Opens door for inclusion of state-owned NBFCs

CRISIL upgrades Shriram Finance to AAA and Sammaan Capital to AA+, citing improved credit profiles, strong capital buffers and strategic backing from IHC Group

CRISIL Ratings has upgraded its long-term rating to 'CRISIL AAA/CRISIL PPMLD AAA/Stable' and removed it from watch with positive implications, while reaffirming its 'CRISIL A1+' short-term rating

The non-banking finance company will issue bonds with maturities of two, three, five and 10 years

RBI plans to introduce a new framework to classify NBFCs into upper, middle and lower layers, replacing the current scale-based regulation system

RBI allows NBFCs, corporates and AIFIs to participate in term money market to deepen liquidity, improve price discovery and strengthen policy transmission

NBFCs see early warning signs in MSME portfolios as supply disruptions and rising input costs linked to the West Asia conflict strain cash flows and push up early-stage delinquencies

IHC to become promoter via Avenir Investment with 63.3 per cent stake post open offer; lender plans expansion beyond mortgages, scaling products, branches and customer base

: Non-banking Financial Companies (NBFCs) continued to drive activity in the commercial paper (CP) market in March, even as corporates turned cautious amid elevated short-term borrowing costs, a report by India Ratings and Research (Ind-Ra) said. The rating agency expects the divergence in borrowing patterns to persist, with NBFCs continuing to access the CP market actively to meet funding requirements, particularly during the financial year-end period, while corporates remain selective due to higher funding costs and comfortable internal liquidity. March typically marks the peak funding requirement period for NBFCs, and their demand has remained strong despite the rise in yields, the report noted. Reflecting this trend, CP issuances by NBFCs surged to Rs 70,300 crore in March 2026, up from Rs 45,500 crore in February 2026. In contrast, corporate CP issuances declined sharply to Rs 26,600 crore from Rs 40,700 crore during the same period. "The current environment suggests that NBFC

Gold loans drive retail credit growth, with bank lending against jewellery doubling year-on-year in February, sharply outpacing overall retail loan expansion

Analysts said the decline in private banks' share was largely driven by contraction among small and mid-sized lenders, while leading private banks broadly maintained their positions

The hedging cost has increased up to 75 basis points, increasing the landed cost of foreign currency borrowings for NBFCs

Proposal could mirror RBI's 15-year limit for private bank leaders

Gold loans overtake auto loans as the second-largest retail segment, with rapid growth driven by soaring gold prices and rising borrower demand

NBFCs reported stronger Q3FY26 growth with margin expansion, lower credit costs and improved asset quality; a revival in infrastructure-linked activity could further support sector momentum into FY27

Kotak Institutional Equities' favoured picks among NBFCs' include Bajaj Finance and Bajaj Finserv

Aggregated portfolio outstanding stood at Rs 320.9 trillion in December 2025, down 7.2% Q-o-Q and 18% Y-o-Y, while 180-plus DPD stress rose sharply year-on-year

The earlier defence that misconduct was the agent's independent act may not work in the future

Bajaj Finance, L&T Finance and Tata Capital are embedding AI and GenAI across the lending chain-from acquisition to servicing-to enhance growth, efficiency and risk oversight

Airtel Money has secured RBI registration to function as a Type II non-deposit NBFC, with Bharti Airtel issuing the regulator's mandated disclaimer on financial soundness and liability obligations