Nbfcs

Irdai commission caps may weigh on insurance fee income of banks, NBFCs

Lenders with multiple insurer tie-ups and incentive-led payouts could face a sharper impact, while L&T Finance is seen as the most exposed among NBFCs

Irdai's fee cap proposal rattles distributors; insurance stocks tumble

Irdai's proposed commission caps could hit distributor incomes, with banks and NBFCs facing pressure from lower payouts on insurance products

Nifty plunges 1.6% to five-month low; Sensex ends 1,248 points lower

Nifty suffers its steepest single-day fall since July 8 as Brent crude nears $105 a barrel and selling in banks and NBFCs intensifies

MSME lending may reach ₹2.6 trillion in July-December 2026: FlexiLoans

FlexiLoans expects lending to small businesses to reach Rs 2.4-2.6 trillion in July-December 2026, driven by festive demand and growing digital commerce in non-metro markets

SC asks RBI to ensure banks, NBFCs seize financed vehicle lawfully

Highlighting RBI's directive that a financed vehicle can be seized only through "lawful means", the Supreme Court on Wednesday directed the federal bank to enforce its guidelines on non-banking financial companies and scheduled commercial banks to ensure that borrowers are not dispossessed of their hypothecated vehicles without due process of law. The top court's direction came in a judgement in which it ordered Cholamandalam Investment and Finance Company Ltd to close the loan accounts of a truck owner, and refund Rs 4.5 lakh realised from the sale of his vehicle with six per cent annual interest. It also asked the finance firm to pay Rs 10 lakh compensation for mental agony and loss of livelihood caused by the unauthorised repossession of his vehicle. A bench of justices PS Narasimha and Alok Aradhe held that financial institutions cannot use force, stealth or arbitrary methods to recover loans, even when borrowers have defaulted on repayment. Justice Narasimha, writing the ...

Fintech rules must match risks, not make firms resemble banks: RBI's Murmu

RBI Deputy Governor Shirish Chandra Murmu says regulation should address risks appropriately while allowing responsible innovation and experimentation to scale

Datanomics: NBFC asset quality improves but trails banks' performance

RBI asks NBFCs to focus on asset quality as agriculture and commercial real estate show higher stress

Revolving credit ban will impact a larger section, NBFCs tell RBI

Industry seeks clarity on products allowing limited redraw and supply-chain finance, as well as whether recovery calls can be made through the mandated 1600-number series

RBI's Murmu urges NBFCs, HFCs to diversify funding, strengthen liquidity

Deputy Governor Shirish Chandra Murmu says diversified funding, securitisation, stronger governance and sound underwriting are key to sustainable growth in the sector

Short-term rates to stay firm as credit demand, funding needs rise: Ind-Ra

Ind-Ra sees rising corporate funding needs supporting bank lending and money-market activity, while lower-rated NBFCs could face wider credit spreads

NBFCs enter durable recovery phase; MOFSL backs L&T Finance, PNB Housing

MOFSL said that NBFC asset quality has emerged as the biggest positive surprise, with improved collections and moderated fresh slippages after nearly two years of stress.

NBFC body urges RBI to ease proposed curbs on revolving credit products

The industry body said forcing borrowers to take a full-term loan in advance could result in higher interest costs

After strong Q1, NBFC outlook for FY27 robust despite margin pressure

Strong AUM growth and steady credit demand support the outlook, though higher borrowing costs, competitive intensity and potential rate increases could weigh on margins

Banks, NBFCs to reset partnership terms with fintech firms

RBI's draft data governance norms and DPDP rules are pushing banks and NBFCs to reassess fintech partnerships, contracts and third-party data risks

IIFL Finance shares crack 8% after ₹963-crore tax demand for subsidiary

Despite today's fall, IIFL Finance shares remain 8.7 per cent higher on a year-to-date (YTD) basis and 47 per cent for the last one year.

Bajaj Finance: Why Nomura is bullish despite competition, regulatory risks

Bajaj Finance shares have gained 12.56 per cent so far in 2026 and 22.18 per cent in a year. On Friday, the blue-chip NBFC stock was trading flat.

Aditya Birla Capital enters gold loan business, plans 1K branches in 3 yrs

The NBFC arm plans to open 200-300 dedicated gold loan branches by March 2027 and scale the network to around 1,000 over the next three years

PFC, REC drop up to 3% as Morgan Stanley downgrades amid loan growth woes

Morgan Stanley downgraded PFC and REC to equal weight from overweight and slashed targets by 20 per cent and 16 per cent, respectively to Rs 410 and Rs 360.

India needs guardrails for shadow-bank flexi loans, not blanket bans

The RBI's proposal to restrict flexible repayment loans by nonbanks could curb risks of bad-debt evergreening, but may also hurt self-employed workers and small businesses that rely on such credit

FIDC to flag NBFC concerns over RBI's proposed revolving credit ban

The industry body is collating views from NBFCs before submitting feedback to the RBI, with lenders warning that the proposed restriction could favour banks