NBFCs

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

Shriram Finance is set to revamp its strategy, focus on new vehicle financing and boost growth as Japan's MUFG completes a $4.4 billion investment

Private credit is fast becoming a core funding source for India's mid-market firms, bridging gaps left by banks and bonds, says UTI Alternatives CEO Rohit Gulati

TRAI's 1600-number mandate to curb fraud may raise lenders' collection costs and push NBFCs and banks back towards field-based debt recovery

Q3 net up 157% to Rs 501 crore; gold loans surge 189% YoY

Crisil Ratings projects gold-loan NBFC AUM to cross ₹4 trillion by FY27, driven by high gold prices, a shift to secured credit and easing LTV norms

Tata Capital posted a 36 per cent year-on-year (Y-o-Y) rise in profit to ₹1,285 crore in the October-December quarter from ₹922 crore in the year-ago period

Emkay Global has upgraded the stock to 'Buy' from 'Reduce,' on the back of improved visibility on asset quality, profitability, and expansion opportunities.

Motilal Oswal said Poonawalla Fincorp's Q3FY26 performance reflects improving business momentum, despite a near-term drag from higher provisions

Non-banking financial companies are taken up the matter with the Reserve Bank of India and the ministry of finance, seeking the same threshold that banks and some other lenders enjoy

The RBI has directed banks and eligible NBFCs to automatically escalate partially resolved or rejected complaints to the internal ombudsman and convey final decisions within 30 days

Structurally, the sector is evolving toward more diversified portfolios, tighter underwriting standards, and a renewed focus on sustainable growth rather than aggressive expansion