Shriram Finance said its board has approved entering into definitive agreements with MUFG Bank Ltd for an investment of ₹39,618 crore, or about $4.4 billion
At 9:35 AM, Shriram Finance share price was trading at ₹868, up 2.33 per cent. In comparison, BSE Sensex was trading 0.19 per cent higher at 84,843.85 levels.
NBFCs' vehicle-loan AUM is seen growing 16-17 per cent annually through FY26-FY27 to Rs 11 trillion by March 31, 2027, with used-vehicle loans expected to outpace new loans, Crisil Ratings said
CRISIL said RBI's final guidelines allowing overlapping lending within bank groups avert a 2-6 per cent hit to advances for 12 large groups, while keeping key NBFC and ARC proposals
Retail NBFCs like Bajaj Finance, Muthoot and Shriram Finance are expanding faster than banks, led by strong demand in gold loans, vehicles and housing finance, analysts say
Digital non-banking financial companies (NBFCs) account for 49 per cent of outstanding personal loan volumes, but only 8 per cent of the value as of September
Non-bank sources now contribute nearly half of commercial-sector funding, led by record corporate bond issuances, steady equity fundraising and rising credit flows from NBFCs
Careedge expects stronger bank performance in FY26, with credit growth rising to 11.5-12.5% on consumption and corporate demand, even as weak deposit growth keeps the credit-deposit ratio high
The brokerage believes Piramal is entering a phase where scale benefits, lower operating costs and a sharper credit framework will drive meaningful expansion in return ratios.
NBFC borrowings are set to reach $750 billion by FY27, with 64% expected from market-based instruments as firms pivot from bank loans to NCDs, ECBs and other capital-market funding routes
At 1:20 PM, IIFL Finance share price was trading 1.98 per cent higher at ₹568.10 per share. In comparison, BSE Sensex was trading 1.12 per cent higher at 85,534.94 levels
According to the analysts, disbursement growth remained soft across most lenders in Q2FY26 due to seasonality and increased caution in SME/MSME segments.