Nbfcs

9 former Axis Bank execs take top leadership roles across financial sector

Axis Bank has emerged as a major leadership talent pool for India's financial sector, with former executives taking top roles across banks, NBFCs and financial institutions

Biz loans to entrepreneurs outpace entity credit growth: TransUnion CIBIL

Business-purpose loans to individual entrepreneurs grew faster than credit to commercial entities between 2023 and 2026, signalling a shift in MSME financing, says TransUnion CIBIL

NBFC access to term money market likely to lift volumes by 40-60%

Treasury executives expect the RBI's proposal to allow NBFCs into the term money market to deepen liquidity, boost trading volumes and modestly reduce funding costs for top-rated borrowers

Bharti Airtel's NBFC arm Airtel Money begins commercial operations

Airtel Money, which received its RBI registration in February, has started operations as a non-deposit accepting NBFC, with Bharti Airtel planning phased capital infusion

Shriram Finance raises FD rates by up to 25 bps across select tenures

NBFC revises fixed deposit rates across select tenures from July 2 while retaining additional benefits for senior citizens, women and renewal customers

Remain alert to external, domestic risks: RBI governor Sanjay Malhotra

Preserving financial stability more important than ever, says RBI governor Sanjay Malhotra

Strong Q4 boosts NBFCs, but near-term risks temper optimism for FY27 growth

Asset quality improved and earnings strengthened in Q4FY26, but rural stress, microfinance exposure, West Asia tensions and monsoon risks could weigh on NBFCs in FY27

RBI proposes wider access to money markets in draft rules for NBFCs, firms

Under the draft proposals, companies will also be allowed to participate in the term money market as lenders but smaller non-bank finance firms will be excluded

Listing Tata Sons: RBI's directions could strengthen group's governance

Tata Sons was designated an upper-layer NBFC by the RBI in September 2022, mandating its listing within three years

RBI drafts rules for NBFC, AIFI participation in term money market

The draft framework permits transactions to be executed in over-the-counter markets, including NDS-CALL and electronic trading platforms authorised by the RBI

RBI withdraws concentration-risk exemptions for govt-owned NBFCs

The revised framework mandates annual identification of Upper Layer NBFCs and brings government-owned entities under the same exposure norms as their regulatory peers

NBFCs in demand: CreditAccess, Mah Finance, Chola, L&T Fin rally up to 8%

According to CRISIL, NBFC AUM is expected to grow at a mid-teen rate through FY27, potentially surpassing ₹50 trillion.

Gold loans increasingly used for short-term liquidity needs: Experian India

Gold loans in India are increasingly used for short-term funding as tenures shrink, ticket sizes rise, and asset quality improves across lenders

Kaleidofin Capital secures $5 million debt facility from WLB Asset VIIB

NBFC plans to deploy the funds across clean energy and financial inclusion sectors, with the transaction carrying Orange Certification for gender-positive impact

Banks must tap digital rails to deepen MSME credit access: RBI Governor

Sanjay Malhotra says financial institutions should leverage ULI, Account Aggregator and other digital platforms to build a more inclusive MSME credit ecosystem

After a period of consolidation, microfinance sector shows signs of revival

India's microfinance sector is seeing early revival signs as lenders prioritise asset quality and portfolio consolidation over aggressive loan growth after two years of slowdown

NBFCs can distribute insurance products without seeking RBI approval

New framework permits insurance distribution subject to Irdai approval and lays down safeguards for sale of third-party financial products

Biz growth, drop in delinquencies help micro lenders turn the corner

India's microfinance sector recorded its first sequential portfolio expansion in seven quarters, while asset quality improved and disbursements reached a seven-quarter high

NBFC balance sheets may reach ₹93 trillion by FY28, says Brickwork Ratings

Brickwork Ratings expects NBFC balance sheets to expand to ₹92.9 trillion by FY28, while warning of rising stress in unsecured and rural credit segments

RBI cancels registration certificates of 135 NBFCs, most in West Bengal

The Reserve Bank of India (RBI) on Wednesday said it has cancelled the certificate of registration of 135 non-banking finance companies. These include companies such as Express Fincap House, Akshay Fiscal Services, Times Finance (P), Jupiter Projects (P), Jupiter Finvest, Essel Finance Business Loans, and Citiwide Financial Services. The majority of the NBFCs, whose certificates of registration were cancelled, had a registered office address in West Bengal, an RBI release showed. Separately, 13 non-banking finance companies have surrendered their certificates of registration to the central bank due to exiting the business or ceasing to be legal entities following amalgamation/merger/dissolution/voluntary strike. J. Thomas Finance, Econ-Super Sales, Hitesha Finance and Investment, Tinnevelly Tuticorin Investments, Carnex Vinimay, and Impact Leasing surrendered their licences due to exit from Non-Banking Financial Institution (NBFI) business, the release said. Further, Forerunner ..