Aum

Bajaj Finance Q1 AUM rises 24% to ₹5.46 trillion; loan bookings up 20%

Customer franchise crossed 124 million in the June quarter, while deposits stood at about Rs 68,500 crore, according to the company's provisional business update

India's private credit market doubles to $25 billion in 5 years: Moody's

India's private credit market has doubled in size in the past five years to about USD 25 billion in Assets Under Management (AUM) as of 2025 end, and will further expand amid strong financing demand, Moody's Ratings said on Thursday. However, the new RBI norms which allow banks to finance acquisitions will increase competition in a segment historically dominated by alternative capital. "While the new rules may benefit borrowers by lowering costs for financing and increasing its availability, they could compress yields and reduce deal flows for private credit providers for acquisition financing," Moody's said. As per the new RBI rules effective July 1, RBI, for the first time, has allowed banks to fund strategic acquisitions of equity shares and compulsorily convertible debentures, subject to certain conditions. Moody's said India's private credit market has expanded rapidly over the past five years, evolving from a source of financing primarily for distressed companies to a provide

IIFL Finance raises $500 mn through social bonds from global investors

IIFL Finance raised $500 million through its first social bond, attracting strong global investor demand to support financial inclusion lending

Godrej Industries enters wealth management, targets ₹1 trillion AUM by 2031

The group plans to build a 35-location wealth management network, target affluent clients and list Godrej Capital by 2031 while expanding its lending business

Aadhar Housing Finance aims to cross ₹50,000 crore AUM milestone by FY29

Aadhar Housing Finance, which caters to the low-income group segment, aims to grow its asset under management (AUM) to Rs 50,000 crore over the next three financial years, helped by an 18-20 per cent increase in loans. The housing finance firm, having a ticket size of less than Rs 15 lakh, closed FY26 with an AUM of Rs 30,571 crore. "We are anticipating 18-20 per cent loan growth, and with this run rate, we expect to cross the Rs 50,000 crore milestone by FY29," Aadhar Housing Finance MD and CEO Rishi Anand told PTI. The affordable housing segment continues to benefit from structural drivers, including favourable demographics, increasing formalisation, and continued policy support such as Pradhan Mantri Awas Yojana (PMAY), he said. When asked about the outlook for the bottom line, he said the company would maintain a net profit run rate of 20-22 per cent. The mortgage firm witnessed a 22 per cent rise in net profit to Rs 1,108 crore and gross NPA of 1.08 per cent as against 1.05 p

MFIs recalibrate growth strategy, expand non-microfinance portfolios

Large microfinance institutions are diversifying into retail and MSME lending as regulatory changes and recent sector stress reshape growth strategies

IIFL Finance shares jump despite ₹476 crore income tax demand notice

Lender says it has strong legal grounds to contest the tax demand as investors cheer the end of a key regulatory overhang on the stock

Active equity share in mutual funds' AUM falls first time since pandemic

Active equity funds lost share in mutual fund AUM for the first time since Covid as investors shifted towards passive, hybrid and precious metal-backed products

Sebi asks 'significant indices' providers to register within six months

Sebi has directed providers of 'significant indices' to register within six months under the Index Provider Regulations, while exempting certain RBI-notified benchmarks

Bajaj Finance Q4 profit rises 23% on strong NII, lower provisions

Bajaj Finance reported a 23 per cent rise in Q4 FY26 profit, supported by strong NII growth and lower provisions, with AUM crossing the Rs 5 trillion mark

Inflows, outlook remain robust for listed asset management companies

AMC inflows remain strong despite a dip in AUM due to market correction, with steady SIP contributions and retail participation supporting long-term growth outlook

Mutual fund AUM logs over 20% growth for the third consecutive year

Average industry AUM stood at ₹81.5 trillion in the March 2026 quarter (Q4FY26), up 21 per cent from ₹67 trillion in the same period last year

ARCs likely to see improved growth in AUM in FY27 amid West Asian conflict

Asset reconstruction companies are likely to see steady AUM growth in FY27, driven by stress in MSMEs and retail segments amid geopolitical tensions and interest rate concerns

Navi MF looks beyond passives, eyes active frontier to drive growth

Fund house plans to expand active equity offerings with focus on high active share as it seeks to diversify beyond passive funds and tap broader investor demand

Samman Capital to diversify, targets top 3 NBFC rank by FY29

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

Arohan Financial Services to file draft papers for IPO by March-end: MD

The microfinance lender is targeting an AUM of Rs 9,000 crore in FY27

Retail segment drives 21% sequential rise in ARC acquisitions in Q3FY26

Overall ARC acquisitions rose 19% to Rs 7,995 crore in Q3 FY26, while recoveries grew 45%, led by steady and front-ended retail segment performance

Gold-loan NBFCs' AUM to cross ₹4 trillion by FY27: Crisil report

Assets under management of non-banking financial companies specialising in gold loans are set to log a compound annual growth rate (CAGR) of about 40 per cent between this fiscal and next, surpassing Rs 4 lakh crore by March 2027, a report said. The surge will be driven by elevated gold prices, a shift towards secured credit and an evolved regulatory environment, outpacing the CAGR of 27 per cent clocked between fiscals 2023 and 2025, said the report by Crisil Ratings. Gold prices soared about 68 per cent in the first nine months of this fiscal year to an all-time high. "This enhances collateral values, enabling lenders to scale up disbursements," it said. Furthermore, amid the limited availability of credit from segments such as unsecured lending, borrowers are looking for other sources of funding. To capitalise on these lending opportunities, gold-loan NBFCs (both large and mid-size ones) have been expanding their market presence, despite stiff competition from banks, Crisil Rati

Sebi mulls ₹20,000 cr threshold to identify 'significant' market indices

Sebi has proposed a Rs 20,000 crore AUM threshold to classify significant indices, bringing key benchmarks used by mutual funds under its new index providers regulations

Multi-asset funds' growth momentum sustains in 2025, shows data

Riding the gold and silver rally, multi-asset funds delivered strong returns in 2025, emerging as a core portfolio choice for Indian investors