Page 14 - Finance News
Lenders tilt towards collateral-backed lending: TransUnion report
Shift towards collateral-backed lending signals risk-conscious credit growth
 "Lenders tilt towards collateral-backed lending: TransUnion report")
IBC cases piling up largely due to lack of NCLT Benches, DFS tells MCA
With nearly 15,000 cases pending, the shortage of NCLT benches has raised concerns over prolonged insolvency processes, asset erosion, and delayed resolutions under the IBC framework
 "IBC cases piling up largely due to lack of NCLT Benches, DFS tells MCA")
FACE membership grows fourfold to 275 a year after SRO recognition
The association marked its one year of recognition by the Reserve Bank of India (RBI) last month
 "FACE membership grows fourfold to 275 a year after SRO recognition")
RBI considers allowing lenders to lock borrowers' phone after loan default
Adequate safeguards key for customer protection
 "RBI considers allowing lenders to lock borrowers' phone after loan default")
Fintechs set for change as norms for debt collection practices are updated
Stricter collection protocols mean you can't push credit as in the past (its return leg has to be taken into account); business models may have to be tweaked even as fintech funding heads southwards
 "Fintechs set for change as norms for debt collection practices are updated")
Large ships get infrastructure status in boost to maritime industry
Move seen to ease financing woes of India's nascent shipbuilding industry
 "Large ships get infrastructure status in boost to maritime industry")
PFRDA in talks with Sebi to allow pension funds in commodity derivatives
PFRDA chairman S Ramann said discussions with Sebi are underway to allow pension funds to trade in select commodity derivatives, with metals likely to be prioritised
 "PFRDA in talks with Sebi to allow pension funds in commodity derivatives")
Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju
Addressing NaBFID's infrastructure conclave, Nagaraju said the institution should work on new instruments at scale so that banks can rebalance their portfolios every three to five years
 "Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju")
PFRDA proposes NPS exit, withdrawal rule changes; seeks feedback by Oct 17
PFRDA has proposed amendments to NPS exit and withdrawal rules, including redefining exit, higher lump sum limits, revised partial withdrawals and financial assistance options
 "PFRDA proposes NPS exit, withdrawal rule changes; seeks feedback by Oct 17")
Midcap funds: Invest amid valuation comfort, strong earnings growth outlook
Enter with 10-year horizon; exposure can range from 20-40 per cent of portfolio, depending on risk appetite
 "Midcap funds: Invest amid valuation comfort, strong earnings growth outlook")
No interest on capital goods cleared into DTA after use in bonded warehouse
Manufacturing in bonded warehouses is covered under Section 65 of the Customs Act, 1962 (CA 62) and Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 (MOOWR)
 "No interest on capital goods cleared into DTA after use in bonded warehouse")
Corporate credit growth to revive in H2 FY26, says Crisil Ratings
Crisil Ratings expects bank credit growth to accelerate in H2 FY26 to 11-12%, driven by retail loans and NBFCs, with corporate credit growth rebounding to 9.7%
 "Corporate credit growth to revive in H2 FY26, says Crisil Ratings")
Banks step up focus on fee-based income; treasury gains come under pressure
Further, bankers said that there is still room to reduce rates on term deposits, and bulk deposit rates have already declined
 "Banks step up focus on fee-based income; treasury gains come under pressure")
Buying home: Choose based on urgency, risk appetite, and financial capacity
Go for ready home if you need to move in instantly and can pay full EMI; under-construction if you prefer phased payments and can tolerate construction risk
 "Buying home: Choose based on urgency, risk appetite, and financial capacity")
Banks park ₹1.5 trillion at RBI's three-day VRRR liquidity auction
Banks placed Rs 1.5 trillion in RBI's three-day VRRR auction as surplus liquidity hit Rs 2.85 trillion, with WACR firming to 5.43 per cent from 5.35 per cent
 "Banks park ₹1.5 trillion at RBI's three-day VRRR liquidity auction")
Indian banks' dividend payouts may fall by 4.2% in FY26, says S&P
S&P Market Intelligence expects Indian banks' dividend pay-outs to decline 4.2% in FY26 as margins and profits weaken, with HDFC Bank and Bank of Baroda set to cut dividends
 "Indian banks' dividend payouts may fall by 4.2% in FY26, says S&P")
Four banks may log in to NBBL's 'interoperable netbanking' in October
Reserve Bank of India (RBI) Governor Sanjay Malhotra is expected to launch the new netbanking switch at the Global Fintech Fest 2025, scheduled for October 7-9.
 "Four banks may log in to NBBL's 'interoperable netbanking' in October")
Finance firms may keep cornering mkt share from banks: S&P Global Ratings
S&P Global Ratings expects NBFCs to expand loan books at 21-22% in two years, outpacing banks' 11-12% growth, with India's household leverage set to rise to 31% by FY30
 "Finance firms may keep cornering mkt share from banks: S&P Global Ratings")
Non-life insurance premiums up 1.6% in August on crop insurance drag
Non-life insurers saw premiums rise 1.6% in August to Rs 24,953 cr as crop insurance weakened; New India Assurance and National Insurance posted strong growth
NBFCs see minimal relief in borrowing costs despite aggressive rate cuts
Muted transmission of repo rate reductions keeps borrowing costs high, with analysts expecting full benefits to flow in gradually over 18 months
 "NBFCs see minimal relief in borrowing costs despite aggressive rate cuts")