Major investments by Fairfax, MUFG, SMBC and Emirates NBD lead a wave of foreign capital commitments across India's banking, NBFC and insurance sectors amid regulatory reforms and strong credit demand
Shriram Finance stock corrected 10% over the past month amid a combination of factors, including renewed escalation in the West Asia conflict, a sharp rebound in crude prices and elevated bond yields.
NBFCs are expected to sustain credit growth and earnings momentum in H2FY27, but rising funding costs, geopolitical uncertainty and erratic monsoons make asset quality a key monitorable
Bank deposits will join the Consolidated Account Statement (CAS) from January 1. But will the move finally give consumers a complete picture of their financial life?
Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements
NBFC retail credit grew 22 per cent year-on-year to ₹26.48 trillion in August, led by a 69.1 per cent surge in gold loans, while overall credit growth lagged banks
Malli has around three decades of experience, including over two and a half decades in supervising banks, NBFCs and co-operative banks
Tata Trusts, led by Chairman Noel Tata and holding 66% of Tata Sons, has proposed merging TESS and TCE with Tata Sons to help the holding company remain private and exit the RBI's NBFC/CIC framework.
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 proposed commission caps could hit distributor incomes, with banks and NBFCs facing pressure from lower payouts on insurance products
Nifty suffers its steepest single-day fall since July 8 as Brent crude nears $105 a barrel and selling in banks and NBFCs intensifies
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
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 ...
RBI Deputy Governor Shirish Chandra Murmu says regulation should address risks appropriately while allowing responsible innovation and experimentation to scale
RBI asks NBFCs to focus on asset quality as agriculture and commercial real estate show higher stress
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
Deputy Governor Shirish Chandra Murmu says diversified funding, securitisation, stronger governance and sound underwriting are key to sustainable growth in the sector
Ind-Ra sees rising corporate funding needs supporting bank lending and money-market activity, while lower-rated NBFCs could face wider credit spreads
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.
The industry body said forcing borrowers to take a full-term loan in advance could result in higher interest costs