Anupreksha Jain

Gold loans' share of system credit could reach 10% in 5 years: JP Morgan

Gold loans could gain from a structural shift towards monetising household gold, lower borrowing costs and rising financial literacy, with penetration remaining relatively low

Aditya Birla Capital enters gold loan business, plans 1K branches in 3 yrs

The NBFC arm plans to open 200-300 dedicated gold loan branches by March 2027 and scale the network to around 1,000 over the next three years

CV loans see stress, used-car finance races ahead: CRIF report

Commercial vehicle loans recorded PAR 31-90 of 4.1 per cent in June 2026, while auto loans remained the best-performing vehicle finance asset class

FIDC to flag NBFC concerns over RBI's proposed revolving credit ban

The industry body is collating views from NBFCs before submitting feedback to the RBI, with lenders warning that the proposed restriction could favour banks

Muthoot Microfin targets 40% non-JLG share as funding costs decline

The lender expects its cost of funds to fall to 9.75-9.8 per cent after its AA- rating upgrade and plans to raise the non-JLG portfolio share to 40 per cent in two years

RBI slaps penalty on IndusInd Bank, three NBFCs for regulatory lapses

The RBI imposed a Rs 59.20 lakh penalty on IndusInd Bank and also penalised Fusion Finance, Northern Arc Capital and Muthoot MCred for regulatory lapses

NaBFID eyes $3-4 billion via ECBs in FY27, plans 10-year dollar bond issue

The infrastructure lender plans to issue $500 million-$1 billion in 10-year bonds by September-end and expects a multilateral-backed loan of nearly $1 billion

El Niño, below-normal rainfall could hit NBFCs' rural loan books

A weak monsoon and El Nino could hurt rural incomes and repayments, prompting major NBFCs to tighten portfolio monitoring and underwriting in vulnerable segments

RBI's draft revolving credit curbs may dent NBFCs' flexi-credit biz

The move aims to curb the risk of evergreening, where borrowers service loans through fresh drawdowns rather than genuine cash flows, according to analysts

NBFCs can extend term loans, not revolving credit products: RBI draft norms

The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards

RBI plans to introduce polymer banknotes from FY28, says Malhotra

The Reserve Bank of India has begun the tendering process for polymer substrates and aims to introduce polymer banknotes from FY28, subject to successful field trials and operational assessment.

CBDC, ULI adoption gains pace as RBI expands use cases: Rohit Jain

RBI says CBDC and ULI adoption is accelerating as live transactions expand, with new use cases, more lenders and wider state participation driving growth

Aditya Birla Capital posts 40% rise in Q1 profit, raises ₹4,000 crore

The financial services group reported broad-based growth across lending, asset management and insurance businesses, with most fresh capital earmarked for NBFC expansion

Bajaj Finserv Q1 profit rises 18% as lending businesses drive growth

Strong growth in Bajaj Finance and Bajaj Housing Finance lifted Bajaj Finserv's Q1 earnings, while weaker profitability weighed on its insurance businesses

Gold loan delinquencies may rise under new RBI repayment norms: Icra

Organised gold loans by banks and NBFCs are expected to cross Rs 30 trillion by March 2028, while lenders adjust to revised RBI repayment and LTV norms

Rupee dips to 96.57/$, a 2-month low as crude oil surge weighs on sentiment

Escalating tensions in West Asia lifted crude oil prices to a six-week high, while likely RBI intervention through state-owned banks capped losses in the rupee

Retail loan growth improves in Q1, corporate demand stays firm: Equirus

Retail loan disbursements strengthened across banks in Q1 FY27, while corporate credit demand remained firm, driven by working capital needs, refinancing and a shift from bond markets

IDBI employees' forum opposes stake sale to Fairfax, seeks review

The employees' forum urged the government to disclose the strategic sale proposal, preserve public ownership of IDBI Bank and hold a parliamentary discussion before any decision

YES Bank Q1FY27 profit jumps 34% to Rs 1,071 crore on healthy loan growth

Net interest income rises 18 per cent, advances grow 18.3 per cent and gross NPAs fall to 1.3 per cent as the lender reports broad-based business momentum

Piramal Finance eyes 25% unsecured loan mix in 2-3 years: MD & CEO

The NBFC plans to expand unsecured lending, gold loans and rural finance as improving asset quality and strong retail demand support its FY27 growth plans