Nbfcs

Institutions must learn to outgrow their founders: Equitas MD & CEO

P N Vasudevan talks about his exit and the future roadmap for Equitas

A crisis with benefits: IL&FS enters new phase with recoveries on track

The IL&FS resolution has delivered higher-than-expected recoveries for lenders while triggering key changes in India's insolvency framework, corporate regulation and laws governing business conduct

Aditya Birla Capital Q2 net profit rises 38% to ₹1,288 cr on loan growth

Aditya Birla Capital's Q2FY27 profit rose 38 per cent to ₹1,288 crore, driven by strong lending growth, with its NBFC and housing finance arms reporting higher earnings

NBFCs brace for hit from Irdai's insurance distribution overhaul

Shriram Finance expects a Rs 100 crore reduction in insurance commissions, while Piramal Finance estimates an 18-24 basis point impact on return on assets if Irdai's proposed rules take effect

Veritas Finance names Mathew Joseph non-executive chairman of its board

Joseph, who has over 36 years of experience in the financial industry, succeeds Raj Vikash Verma, who died on October 16, and will guide the company's governance and growth.

Tata Sons debate: Listed middle layer NBFCs have higher advances as NPAs

However, bad assets in absolute amount are higher among listed upper layer NBFCs

Equitas SFB CEO Vasudevan quits over 'perceived conflict of interest'

Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge

Tata Capital shares jump 5% post Q2 show; analysts say margin revival key

MOFSL said that the outlook remains favourable for Tata Capital as current valuations adequately reflect the company's near-term growth and earnings potential.

Larger NBFCs stronger than in 2019; risks remain: Fitch's Elaine Koh

Fitch Ratings' Elaine Koh says larger NBFCs have strengthened since 2019, but rising household leverage, rapid credit growth and gold-loan exposure warrant close monitoring

BFSI Summit 2026: 'Fund diversification lot harder for smaller NBFCs'

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

NBFC industry leaders flag funding gaps as smaller lenders struggle to grow

At the Business Standard BFSI Insight Summit 2026, NBFC industry leaders flag widening funding gaps between large and small lenders amid rising competition, evolving customer needs and economic risks

Wholesale funding key for Indian banks and NBFCs, says Fitch's Elaine Koh

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

Shriram Finance slips 10% in 2 days, hits 11-month low; here's why

Moderation in credit growth guidance to 15-17 per cent and higher credit cost amid volatile monsoon remains a concern, however, recent correction in valuation offers upside potential.

NBFCs' dependence on bank borrowings rose in 2025: RBI October Bulletin

NBFCs saw stronger credit growth, led by retail and industry lending, while their reliance on bank funding increased following the restoration of earlier risk weights, says RBI Bulletin

Shriram Finance Q2 profit jumps 59% to ₹3,684 crore on auto demand growth

Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to ₹3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year

Mahindra Finance tanks 10%, hits 52-week low despite 55% surge in Q2 profit

Mahindra Finance's share price hit a 52-week low of ₹268 on the NSE in Thursday's trading session despite reporting 55% surge in Q2 standalone profit to ₹882 crore.

Leading NBFCs flag early signs of repayment stress in gold loan segment

Bajaj Finance and Piramal Finance flag early signs of stress in gold loans as rapid lending growth raises concerns over repayment delays, borrower leverage and defaults

Bajaj Finance, Piramal Finance flag early signs of stress in gold loans

Indian banks ​and non-bank lenders have rushed to lend to consumers against their ​gold holdings as they consider these loans more secure

Open to acquisition to build capabilities: Piramal Finance MD & CEO

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

Piramal Finance Q2FY27 results: Net profit zooms 67% to ₹545 crore

Non-bank lender Piramal Finance on Monday reported a 67 per cent jump in net profit to Rs 545 crore for the September quarter, helped by core income growth and improvements in costs. The company's core net interest income grew 35 per cent to Rs 1,530 crore due to a 24 per cent growth in assets under management and a 0.35 per cent expansion in net income margin to 6.5 per cent. The cost-to-income ratio improved sharply to 52.1 per cent during the reporting quarter from 61.2 per cent, helping the bottom line. Stressing that the company is uniquely positioned in the NBFC universe, as it does not see a threat to margins amid the rising interest rate environment, its Managing Director and Chief Executive Jairam Sridharan exuded confidence that it will be able to expand NIMs by up to 0.20 per cent over the next year. When asked how such a feat will be possible despite rising rates, which increase an NBFC's borrowing costs, Sridharan explained that the rating upgrade it received recently