NBFCs

Bharti Airtel to infuse ₹20,000 crore in Airtel Money to push digital lending.

Bharti Airtel and promoter group to contribute 70:30 into NBFC

From a customer perspective, the stricter norms are welcome, industry executives said

RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards

The Reserve Bank of India has proposed exempting certain NBFCs from registration and allowing eligible non-public fund, non-customer-facing entities to seek deregistration within six months

Elara Capital has initiated coverage on UGRO Capital with a Buy rating and a target price of ₹226, based on 1.2x FY27E book value

Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, following the government's Budget push to restructure public sector NBFCs

Industry executives note that REITs raise debt by issuing securities subscribed to by mutual funds and non-banking financial companies (NBFCs)

The Reserve Bank of India has eased compliance for low-risk NBFCs by exempting certain non-customer-facing firms from registration and proposing to drop prior approval norms for branch expansion

The central bank proposed draft rules to curb mis-selling, cap losses from unauthorised digital transactions and tighten recovery practices as part of a wider push to strengthen customer protection

Aye Finance aims to raise ₹1,010 crore through a combination of fresh issue of ₹55 million shares worth up to ₹710 crore and an OFS of 23.3 million shares worth up to ₹300 crore

Accelerated credit provisions and a one-time labour code charge weighed on Bajaj Finance's Q3FY26 profit, even as income growth and asset quality stayed healthy

Gold financier Muthoot Finance raised $600 million through a senior secured bond issue under its $4 billion Global Medium Term Note programme

Aditya Birla Capital's consolidated net profit rose 33.3 per cent in Q3FY26, led by strong growth across its lending, insurance and asset management businesses

Manapuuram Finance's consolidated asset under management (AUM) grew 18.1 per cent to ₹522 billon in Q3FY26 against ₹442 billion in the year-ago quarter

As regulations converge and funding widens, NBFCs say the appeal of becoming a bank is fading - but their role in last-mile credit delivery is only getting stronger

After months of stress, India's microfinance sector is showing early signs of recovery, with industry leaders saying the worst is over as liquidity improves

RBI says banks and NBFCs remain resilient with strong capital and asset quality, but flags risks from unsecured lending and global spillovers in a volatile world

Economic Survey 2025-26 urges linking microfinance investor exits to social impact metrics, warning that return-driven growth risks over-lending, borrower stress, and financial instability

Piramal Finance MD Jairam Sridharan says bank rate transmission to NBFCs remains weak, prompting a stronger shift towards lower-cost DFI funding