The NBFC plans to expand its gold loan network to over 1,000 outlets in three years, after reaching 100 branches within three months of entering the business in August 2026
Indian banks and non-bank lenders have seen a rush of foreign investor interest as demand for credit in the economy remains strong and loan delinquencies remain low
The IL&FS resolution has delivered higher-than-expected recoveries for lenders while triggering key changes in India's insolvency framework, corporate regulation and laws governing business conduct
Aditya Birla Capital's Q2FY27 profit rose 38 per cent to ₹1,288 crore, driven by strong lending growth, with its NBFC and housing finance arms reporting higher earnings
Shriram Finance expects a Rs 100 crore reduction in insurance commissions, while Piramal Finance estimates an 18-24 basis point impact on return on assets if Irdai's proposed rules take effect
Joseph, who has over 36 years of experience in the financial industry, succeeds Raj Vikash Verma, who died on October 16, and will guide the company's governance and growth.
Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge
MOFSL said that the outlook remains favourable for Tata Capital as current valuations adequately reflect the company's near-term growth and earnings potential.
Fitch Ratings' Elaine Koh says larger NBFCs have strengthened since 2019, but rising household leverage, rapid credit growth and gold-loan exposure warrant close monitoring
Industry leaders say smaller NBFCs face limited funding access due to lower credit ratings, while larger lenders benefit from diversified funding sources and faster growth
At the Business Standard BFSI Insight Summit 2026, NBFC industry leaders flag widening funding gaps between large and small lenders amid rising competition, evolving customer needs and economic risks
At the Business Standard BFSI Insight Summit 2026, Fitch Ratings' Elaine Koh said wholesale and offshore funding will remain important for banks and NBFCs as credit demand outpaces deposit growth
Moderation in credit growth guidance to 15-17 per cent and higher credit cost amid volatile monsoon remains a concern, however, recent correction in valuation offers upside potential.
NBFCs saw stronger credit growth, led by retail and industry lending, while their reliance on bank funding increased following the restoration of earlier risk weights, says RBI Bulletin
Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to ₹3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year
Mahindra Finance's share price hit a 52-week low of ₹268 on the NSE in Thursday's trading session despite reporting 55% surge in Q2 standalone profit to ₹882 crore.
