Shriram Finance reports a 41% jump in Q4 net profit to Rs 3,020.95 crore, with steady income growth and improved asset quality, and announces a total dividend of Rs 10.80 per share
Non-banking financial companies seek access to RBI's central fraud registry, arguing that limited access raises fraud risks as lending partnerships with banks deepen
Shriram Finance has cut fixed deposit rates across multiple tenures, with revised rates effective May 6, impacting returns for retail investors and fixed investment plans
RBI has eased branch expansion norms for NBFCs, allowing them to open branches without prior approval while retaining restrictions for weaker deposit-taking entities
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
Fitch has upgraded Shriram Finance's long-term IDR to BBB- after MUFG Bank's 20 per cent stake acquisition, citing improved capitalisation, funding access and support outlook
The NBFC raised Rs 2,500 crore through a QIP from institutional investors to support growth opportunities, expand lending operations and diversify its asset portfolio
While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue
Move expected to improve liquidity and price discovery, though borrowing costs may remain aligned with commercial paper rates due to credit profile differences
Antique expects Shriram Finance to deliver an AUM and PAT CAGR of around 18 per cent each over FY26-28, with average RoA/RoE of around 3.7 per cent and 14 per cent, respectively
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
The brokerage assessing the impact of a prolonged conflict noted that these segments face the highest near-term risk, while housing, gold, and power loans appear relatively better insulated
The NBFC received RBI approval for the proposed investment by Avenir Investment RSC Ltd, under which the investor will subscribe to Sammaan Capital's equity shares through a preferential issue.
Banks are likely to remain cautious in lending to MFIs despite the credit guarantee scheme, with underwriting standards and risk assessment frameworks unchanged