Nbfcs

RBI allows lenders to disable financed mobiles in loan default cases

The RBI has proposed allowing lenders to restrict financed mobile devices in loan default cases, while mandating safeguards, borrower notices and compensation for wrongful action

IIFL Capital initiates coverage on Aye Finance with 'Buy', sees 40% upside

IIFL Capital expects the company to deliver a 27 per cent AUM CAGR over FY26-FY29, while profit after tax (PAT) is projected to grow at a stronger 44 per cent CAGR

UPI changed how India pays; it can drive the future of borrowing

Scale in digital public infra can now support broader economic outcomes, with UPI transactions offering a timely, contextual view

RBI relief to NBFCs likely to spur participation in equity markets

New norms, effective from July, exempt smaller NBFCs from registration need

IHC becomes promoter of Sammaan Capital after completing open offer

Abu Dhabi's International Holding Company has acquired control of Sammaan Capital through an open offer and preferential allotment in a major NBFC investment deal

Reserve Bank of India cancels registration of 7 NBFCs, including 2 CICs

Central bank revokes certificates of registration after business exits, merger-related changes and CIC classification adjustments

Bank of Baroda Q4FY26 results: Net profit rises 11% to ₹5,616 crore

Bank of Baroda (BoB) on Friday reported an 11 per cent rise in profit to Rs 5,616 crore during the March quarter. The state-owned lender had earned a net profit of Rs 5,048 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 36,609 crore, from Rs 35,852 crore a year ago, BoB said in a regulatory filing. The bank's interest income grew to Rs 32,642 crore, from Rs 30,642 crore in the fourth quarter of the previous financial year. However, net interest income (NII) in the quarter declined to Rs 12,494 crore, from Rs 11,020 crore in the same period a year ago. On the asset quality front, the bank's gross non-performing assets (NPAs) moderated to 1.89 per cent of gross advances, as compared to 2.26 per cent by the end of March 2025. Similarly, net NPAs came down to 0.45 per cent of the advances, over 0.58 per cent at the end of 2025. The provision coverage ratio of the bank improved marginally to 93.94 per cent as on March 31, 2026. The bank's c

Not applying for NBFC licence, focus on distribution, says Paytm CFO

Company will instead focus on existing model of credit distribution, in partnership with other lenders

Microfinance sector posts Q4FY26 growth after eight quarters of decline

The microfinance sector's gross loan portfolio rose sequentially in Q4FY26, supported by higher loan originations, bigger ticket sizes and improving asset quality

MFIN flags rise in false loan waiver campaigns, backs RBI advisory

MFIN has backed the RBI's advisory against misleading loan waiver campaigns amid rising misinformation and borrower mobilisation efforts in parts of North India

Aditya Birla Capital up 5% on healthy Q4; brokerages eye up to 24% upside

Aditya Birla Capital reported a 30.6 per cent year-on-year (Y-o-Y) growth in its consolidated net profit to ₹1,129.16 crore, as compared to ₹864.64 crore in the year-ago period

Experience with local area banks and RNBFCs should have offered lessons

With the announcement of Saksham, a new initiative to increase the capacities of cooperative banks, the fear is that the RBI might also open up fresh licences for new cooperative banks

Growth, profitability gains seen ahead for Shriram Finance in FY27

Strong Q4FY26 performance and capital infusion boost outlook for Shriram Finance, with steady margins and loan growth expected despite asset quality concerns

Cost of funds for NBFCs, HFCs may rise marginally over medium term: Ind-Ra

India Ratings and Research on Thursday said the cost of funds for non-banking finance companies and housing finance companies could rise marginally over the medium term amid geopolitical tensions, uncertain macroeconomic conditions and the limited transmission of policy rate cuts by banks. India Ratings and Research (Ind-Ra) said that despite recent policy rate cuts, borrowing costs are unlikely to soften meaningfully due to weak transmission, higher deposit competition and cautious capital markets. It expects that changes in the funding mix, rather than liquidity stress, will define the sector's dynamics. In a statement, Ind-Ra said the expectation of a marginal increase in the cost of funds for non-banking finance companies (NBFCs) and housing finance companies (HFCs) over the near-to-medium term arises from wider spreads in bond markets due to geopolitical tensions, uncertain macroeconomic conditions and the limited transmission of policy rate cuts to bank lending rates. The age

IIFL Finance jumps 6% on healthy Q4; Motilal Oswal eyes up to 34% upside

IIFL Finance reported consolidated assets under management (AUM) of ₹1,08,180 crore, up 10 per cent quarter-on-quarter and 38 per cent year-on-year

RBI exempts smaller NBFCs, creates structured exit route for first time

RBI has exempted smaller NBFCs from registration and introduced a structured exit route, allowing eligible firms to apply for deregistration through its PRAVAAH portal

Piramal Finance eyes 25% AUM growth, 50% profit rise by FY27 end

Piramal Finance expects strong growth in AUM and profits by FY27, while planning stake sales in non-core businesses and expanding its rural lending and branch network

Sahamati raises ₹50 crore from over 30 firms to boost digital finance infra

The association said that the investment round represents an industry commitment to building a regulated digital public infrastructure layer for consent-based financial data sharing

Shriram Finance falls 5% after Q4 results; brokerages see up to 19% upside

Shriram Finance reported a net profit of ₹3,014 crore, up 41 per cent as compared to ₹2,139 crore in the year-ago period

Shriram Finance reports 41% growth in Q4 profit, announces dividend

Shriram Finance reports a 41% jump in Q4 net profit to Rs 3,020.95 crore, with steady income growth and improved asset quality, and announces a total dividend of Rs 10.80 per share