NBFC borrowings are set to reach $750 billion by FY27, with 64% expected from market-based instruments as firms pivot from bank loans to NCDs, ECBs and other capital-market funding routes
Indian companies, including NBFCs, filed intent for $3.48 bn in ECBs in July 2025, with $3.22 bn via the automatic route and $100 mn via the approval route, RBI data showed
MFIN seeks a ₹15,000-₹20,000 crore government-backed credit guarantee to encourage banks to lend to NBFC-MFIs, citing improved collection efficiency and liquidity needs
The higher volumes by NBFCs helped offset the lower origination volume by banks, supporting the overall securitisation market volume, Crisil said in a statement on Monday
NBFCs have around 5-25 per cent of their AUM under floating rate micro, small, and medium enterprises (MSMEs) loans which will be impacted as majority of them charge 2-5 per cent prepayment penalties
Sagarmala Finance Corporation to offer tailored funding to ports, MSMEs, and startups; standardised port tariffs and port readiness index also announced
Indian states will raise over Rs 40,100 crore through a debt sale on Tuesday, followed by Rs 54,000 crore of issuances next week, as per schedule
NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset classification rules for alternative vehicle financing
Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.
The report said that the sector's AUM, which stood at approximately Rs 47 trillion in March 2024, is projected to exceed Rs 50 trillion in the current financial year
Stays above Rs 2 trillion mark for second consecutive month
Jaipur-based lender had filed its preliminary papers with the capital markets regulator in May this year
Shadow banks will have to review how they lend money as Mint Road puts a squeeze on their credit lines
Pennant will become a related party of Bajaj Finance after completion of deal
NBFCs' reliance on banks increased, particularly for NBFCs in the upper layer (NBFCs-UL), whose direct bank borrowings have grown steadily
With most non-bankers reaching the maximum funding cap from banks, their projected 16 per cent loan growth may be impacted, leading to margin compression for the sector this fiscal, according to a report. Bank funding to NBFCs has grown rapidly to Rs 13.1 lakh crore in February 2023 from a low Rs 3.9 lakh crore in FY17, growing at a CAGR of 22 per cent, which is double the overall bank credit growth, an India Rating report said. The rising share of bank funding has helped NBFCs offset the sluggishness in capital markets, which remained lukewarm during the pandemic and pricey during the first nine months of FY23, it added. Non-banks, including housing financiers, will face increased funding challenges in FY24, which is likely to impact their loan growth target that was earlier projected to clip at 16 per cent, the agency said without quantifying the impact or how much will be the loan growth. According to the agency, the only silver lining is the exit of the largest NBFC, the mortga
The share of such loans declined between September 2020 and March 2022 in private banks and NBFCs but rose for public sector banks
Since valuations are higher in this space, a 7-yr horizon with 10% capital outlay can be looked at
Experts believe spreads will contract as the credit lines start getting utilised, and banks regain confidence about NBFC papers for the long term
NBFCs may be forced to dig into their cash reserves if systemic liquidity support dries up