NBFC

To cushion exporters from the steep 50% US tariff, the RBI has announced relief measures, including easing debt repayment pressure and extending flexibility in export credit.

Driven by GST 2.0 tailwinds and strong retail lending, TVS Credit posted 27% profit growth in Q2FY26 to ₹204 crore, with assets under management rising to ₹27,807 crore

State-owned REC Ltd on Friday posted an over 9 per cent year-on-year increase in net profit to Rs 4,414.93 crore in September quarter, on higher income. It had clocked a net profit of Rs 4,037.72 crore in the second quarter of preceding 2024-25 financial year, REC Ltd said in an exchange filing. In the latest July-September period, the company registered a 10.62 per cent rise in total revenues to Rs 15,162.38 crore from Rs 13,706.31 crore in the year-ago period. Interest income rose to Rs 14,589.97 crore from Rs 13,484.82 crore in Q2 FY25. REC, under the Ministry of Power, is a Non-Banking Finance Company (NBFC), which provides long-term loans and other financing products to states, Centre and private companies for creation of infrastructure assets in the country.

The decline in bad loans will be driven by write-offs and tighter lending norms, though credit costs are expected to remain elevated in FY26, says CareEdge Ratings

The company, a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI), is expected to issue its first tranche of 20 billion rupees before the end of the current quarter

RBI governor Sanjay Malhotra declined to comment on Tata Sons' deregistration request, saying registered entities continue operations until their registration is cancelled

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by these entities

Muted transmission of repo rate reductions keeps borrowing costs high, with analysts expecting full benefits to flow in gradually over 18 months

Kaleidofin Capital raised $3 million in debt from Triodos Investment Management to support informal sector enterprises including agriculture and dairy segments

Non-bank lender Altum Credo on Monday announced a Rs 170 crore fund raise from existing investor UK's development finance institution and impact investor British International Investment (BII). The funding will help the Pune-headquartered affordable housing-focused lender expand its operations in the country, as per a statement. The company has served over 15,000 customers in six states covering southern and western India, and manages assets of over Rs 1,000 crore. The investment will help increase credit access to low-income, majority women customers for the purpose of home construction and improvements, which will, in turn, improve access to basic services, such as sanitation, electricity, and safety, as well as asset ownership of households. Its managing director and chief executive, Vikrant Bhawat, said the investment will strengthen the balance sheet for a long-term, sustainable, impactful growth journey. BII's head of India, Shilpa Kumar, said the British investor is contin

Capri Global Capital Ltd on Saturday reported more than two-fold jump in its consolidated net profit to Rs 175 crore for the quarter ended June 2025, aided by higher margins and operating efficiencies. The non-banking financial company had reported a profit after tax of Rs 76 crore in the year-ago period. Total income of the company rose by over 41 per cent to Rs 582 crore in the June quarter compared to Rs 410 crore in the year-ago period, a statement said. The non-banking financial company's consolidated assets under management (AUM) surged by 42 per cent year-on-year to Rs 24,754 crore in the first quarter of FY26, driven by robust growth in its retail loan portfolio, the company said. Capri Global's gold loans grew 69 per cent, while housing loans expanded 32 per cent during the quarter. Co-lending AUM rose 64 per cent to Rs 4,681 crore, contributing 18.9 per cent to the total AUM compared to 17.8 per cent in the previous quarter. The company's disbursements stood at Rs 8,458

RBI caps exposure at 20% for banks, NBFCs in AIF schemes, excluding equity investments from provisions, with new guidelines effective from January 2026

The lack of access to credit information leaves Section-8 MFIs in the dark about the worthiness of their clients, while allowing borrowers to exploit the arbitrage between Section-8 and mainline MFIs

The climate-financing gap over the next five years is about $40 billion, says Rajashree Nambiar, cofounder and chief executive officer of Ecofy

Total number of originators in these securitisations, wherein a lender hands over future receivables on a single or a bunch of loans to a new entity usually on a discount, was around 90, Crisil report

RBI's FSR shows NBFCs' stressed assets rose sharply as write-offs jumped and credit risks increased, especially in small-ticket personal loans below ₹50,000

NBFCs have around 5-25 per cent of their AUM under floating rate micro, small, and medium enterprises (MSMEs) loans which will be impacted as majority of them charge 2-5 per cent prepayment penalties

Mutual fund exposure to NBFCs rose 32.5% YoY to record Rs 2.77 trillion in May 2025, driven by CPs and corporate debt, while bank credit to NBFCs fell 0.3%

India Ratings expects credit growth to rise modestly in FY26, led by industrial capex and public bank disbursements, even as retail and NBFC lending cools

Banks welcome RBI's final project finance guidelines that lower provisioning to 1 per cent during construction and exempt existing projects from higher requirements