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.
Some analysts noted that gold loan financiers may consider increasing interest rates on such loans
NBFCs should not lose sight of fairness to the customer even as they pursue scale, speed, and profits, Swaminathan added
RBI is working to ensure frequency of such occurrence is less, he said
REs will issue an NFB facility only on behalf of a customer having a business relationship with them
Currently, standard assets are securitised widely, where banks and non-banking finance companies (NBFCs) participate actively to acquire such assets
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
Credit-deposits ratio declined to 85.4% as of 31st March 2025 as compared with 94.7% as of 31st March 2024
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
"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
Retail growth moderates on slump in unsecured credit
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
A clutch of shadow bank entrepreneurs have weathered the storm and are now evangelists for the business
Sundaram Finance stock has rallied nearly 23 per cent thus far in 2025, and is seen trading with a favourable bias across time-frames on the technical charts. Here are the key levels to track.
Bajaj Finance share was also the top gainer on both Nifty50 and Sensex at the time of publishing this report
The rise in the Manappuram Finance share price came in anticipation of the Board meeting, which is scheduled for today, March 20, 2025.
Regulatory oversight led to more financial stability for NBFCs
Malhotra rued that most banks and NBFCs have not enabled their branches or offices to access information from the central database due to which customers have to face the avoidable inconvenience
The flagship company of Muthoot Group is one of the largest gold loan-focused NBFCs in India
The average loan ticket size in the first half of FY25 was Rs 84,507, compared to Rs 92,086 since September 2021