Page 11 - Nbfcs

BFSI consolidates dominance in Nifty 50 index, up 2.6x at 37.9% since 2004

The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades

RBI's draft gold loan norms: Compliance cost may rise for lenders

Banks, NBFCs need to adopt standardised documentation across all branches

Here's a curated basket of bank, NBFC must have stocks for your portfolio

Banks are well positioned to outperform, supported by robust balance sheets and the ability to navigate macro economic uncertainties, said a report from Motilal Oswal Securities

Borrowers may gain from lower rates under RBI draft co-lending norms: ICRA

RBI has proposed that the blended rate of interest is to be calculated as an average rate of interest derived from the interest rates charged by respective funding regulated entities

DLAI rebrands itself to Unified Fintech Forum as it pursues SRO bid

The body represents 120 members in regulated and unregulated firms engaged in digital financial services

Poonawalla Fincorp forays into gold loan biz with quick financing solutions

Poonawalla Fincorp's entry into the gold loan business comes after the Reserve Bank of India (RBI) released draft guidelines on gold loans

Poonawalla Fincorp launches gold loan business; eyes Tier-I, II expansion

The Cyrus Poonawalla Group-backed NBFC plans to open 400 new branches over the next four quarters, targetting Tier-II and Tier-III cities

Bajaj Finance, Bharti Airtel, IndiGo, Narayana Hrudayalaya hit record highs

Shares of Airtel hit a record high of ₹1,818, as they soared 3.5% in intra-day trade, surpassing its previous high of ₹1,778.95 touched on September 26, 2024.

Proposed RBI norms may hit gold-loan NBFCs in near term: Analysts

Some analysts noted that gold loan financiers may consider increasing interest rates on such loans

RBI deputy governor urges NBFCs to bolster risk controls, board oversight

NBFCs should not lose sight of fairness to the customer even as they pursue scale, speed, and profits, Swaminathan added

IndusInd Bank-like incidents not failures but episodes: Guv Malhotra

RBI is working to ensure frequency of such occurrence is less, he said

RBI issues draft revised norms for non-fund based credit facilities

REs will issue an NFB facility only on behalf of a customer having a business relationship with them

RBI proposes market based mechanism for securitization of stressed assets

Currently, standard assets are securitised widely, where banks and non-banking finance companies (NBFCs) participate actively to acquire such assets

Jio Finance launches loan against security offering for customers

Customers of Jio Finance can now avail themselves of loans of up to Rs 1 crore, with interest rates starting at 9.99 per cent, tailored to their risk profiles

Ujjivan SFB rises after total deposits climb 20% to Rs 37,617 cr in Q4

Credit-deposits ratio declined to 85.4% as of 31st March 2025 as compared with 94.7% as of 31st March 2024

Piramal Finance raises Rs 2,300 crore via external commercial borrowing

The facility carries a tenor of three years and is fully hedged, ensuring mitigation of foreign exchange and interest rate risks, the press release added

Arya.ag NBFC arm does Rs 2,000 crore commodity financing in FY25

"Most of the NBFCs working on our space do a commodity finance of around Rs 1000 crore maximum, but we are among the first to have reached this milestone," said Anand Chandra, co-promoter of Arya.ag

Services sector credit growth dips sharply in February, shows RBI data

Retail growth moderates on slump in unsecured credit

Fintech NBFCs sanctioned 83 mn loans in first 3 quarters of FY25: Report

It added that quarter-on-quarter (Q-o-Q) sanction value had declined by 15 per cent in the third quarter of FY25 (Q3FY25) compared to the previous quarter

Scoring in their second innings: NBFC entrepreneurs stage a revival

A clutch of shadow bank entrepreneurs have weathered the storm and are now evangelists for the business