Industry leaders say smaller NBFCs face limited funding access due to lower credit ratings, while larger lenders benefit from diversified funding sources and faster growth
At the Business Standard BFSI Insight Summit 2026, Fitch Ratings' Elaine Koh said wholesale and offshore funding will remain important for banks and NBFCs as credit demand outpaces deposit growth
Companies raised a record ₹5.37 trillion through commercial papers in the first quarter of FY27. Here's what they are, who issues them and why their use is rising
India's Non-Banking Financial Company (NBFC) sector is well positioned for long-term growth, supported by healthier balance sheets, easing macroeconomic headwinds, and an improving funding environment
A surge in bank and NBFC transactions lifted BFSI deal activity three times in 2025, reflecting growing investor appetite for financial services assets
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