Page 13 - Nbfcs

RBI's revised QA norms to boost compliance, broaden microfinance reach

Industry body says lowering QA threshold for NBFC-MFIs to 60% will improve compliance, enable diversification, and support long-term sector sustainability

Monetary policy: Innovative, out of box, and 'Lucas unanticipated surprise'

After pandemic, this is the first time RBI has reduced policy repo rate by 50 bps to 5.5%

Bajaj Finserv trades flat after 1.79% equity change hands via block deals

As many as 28.6 million shares representing 1.79 per cent equity of Bajaj Finserv worth ₹5,506 crore changed hands in block deals on the NSE on Friday, the exchange data shows.

Walmart's Flipkart secures RBI approval for direct lending in India

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to Flipkart Finance Private Limited on March 13

HDB Financial's ₹12,500 cr IPO approved: Key risks, strengths you must know

HDB Financial Services IPO comprises a fresh issue of ₹2,500 crore and an OFS of ₹10,000 crore by parent HDFC Bank

KKR lends $600 million to Manipal Group in its largest credit investment

The capital was arranged by KKR Capital Markets and is being anchored by the firm's private credit and insurance platforms

Choose loan-against-property for higher amount, low rates, flexible end-use

Avoid taking out such a loan if you have irregular income, are retired, or approaching retirement

Bank credit growth slows to 6.7% in first half of April, shows RBI data

Bank credit growth slowed to 6.7% in April, with faster growth in metals and textiles but slower in infrastructure and agriculture. RBI data highlights changes in services and personal loans credit

RBI plans guidelines to curb mis-selling of financial products in FY26

As complaints rise, RBI will frame rules in FY26 to curb mis-selling of financial products by banks and NBFCs, with possible impact on insurers' banca channels

FPIs' investment in corporate bonds rises 11.4% in FY25: RBI report

Primary corporate bond issuances during the year rose by 16.1 per cent to ₹9.9 trillion, up from ₹8.6 trillion in 2023-24

Digital lending norms: NBFC loans to MSMEs likely to get dearer

Mostly loans to micro, small, and medium enterprises (MSMEs) are covered under credit guarantee schemes. Loans to these sectors that are extended by the NBFCs, as a result, could become dearer

Signs of stress: Microfinance disbursements fell sharply by 38% in Q4FY25

While early-stage delinquencies improved, microfinance lenders saw a sharp YoY drop in disbursements and a rise in long-term repayment stress in Q4 FY25

Banks, NBFCs shift focus away from unsecured loans to loan against property

As stress continues to linger in the unsecured segment of retail lending, LAP has emerged as an attractive avenue for banks and NBFCs besides gold loans

Banks, NBFCs may need IT overhaul to meet RBI co-lending norms: Bankers

Bankers say RBI's co-lending draft norms may require significant IT upgrades and clarification on the CLM 2 model to ensure compliance and operational readiness

Muthoot Finance drops 5% even as AUM hits record high; Q4 breakdown here

Muthoot Finance stock fell as much as 5.22 per cent during the day to ₹2,142 per share, the biggest intraday loss since April 11 this year

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

Backed by strong demand from mutual funds, Jio Credit's debut bond issue sees three times subscription and achieves a tight yield despite market volatility

Aditya Birla Capital stock jumps 6% on solid Q4 numbers; check details here

Aditya Birla Capital stock jumped 6.2 per cent to ₹217.63 compared to the previous day's close of ₹204.89 on the NSE

State-run banks cautious; target modest 11-13% credit growth in FY26

Bankers said credit growth is expected to be sluggish in FY26 owing to weaker demand across unsecured loans, mortgages

NIM will be under pressure in first 2 quarters of FY26: Canara Bank MD, CEO

Corporate credit growth was around 10 per cent in FY25 and this year also we will maintain the same

A, BBB-rated NBFCs face sharper slowdown amid asset quality stress

Lower-rated NBFCs face increased credit cost, lagged funding relief and rising losses in unsecured segments as overall loan growth slows down, says India Ratings