Page 15 - Nbfcs

Fintech disbursements rise 21.3% in H1FY25, disbursal value grows 40%

Disbursals were also higher by 9.5 per cent from 51.5 million in H2FY24, according to data by the first self-regulatory organisation in fintechs

2024 financial wrap: Inflation, GDP, and RBI's regulatory vigilance

The overarching theme of this year has been the RBI's new approach to vigilance

Shriram Finance in talks to borrow $1.2 bn in offshore loan for sector

The non-bank financial company will offer a multitranche deal split across currencies such as the dollar, euro and dirham, the people said asking not to be identified

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24: Report

NPAs were recorded at a modest Rs 14.7 crore at the end of FY19, at a time when the P2P lending segment was still in its nascent stage

NBFCs top growth rate in micro-finance at 27.6% Y-o-Y by Sept-end FY25

The portfolio-at-risk 31-180 days-past-due has shown a deterioration across all entity types

MFs funding to NBFCs rise almost 47% to Rs 2.33 trillion in Oct 2024

Mutual fund (MF) debt exposure to NBFCs, which includes commercial papers (CPs) and corporate debt, has now remained above Rs 2 trillion for more than half a year

NBFC's asset growth to sharply decline to 15-17% in FY 2025, 2026

Asset quality concerns, slowing of bank funding to temper pace

Growth in bank credit to NBFCs declines sharply to 6.4%: RBI data

Non-food credit increased at slower clip of 12.8% in October compared to 15.5% a year ago, says RBI

Closer coordination among regulators key to NBFC stability: RBI DG

The RBI has implemented a scale-based regulatory framework for the NBFC sector, categorising them based on their scale of operations and potential interconnectedness

Banks' credit to industry grows by 8% in Oct against 4.8% last yr: RBI data

Banks' credit to industry grew by 8 per cent in October 2024 compared to 4.8 per cent in the year-ago period, according to the RBI data released on Friday. The Reserve Bank data also showed that credit to agriculture and allied activities registered a growth of 15.5 per cent year-on-year (y-o-y) in October 2024, compared to 17.4 per cent seen in the same month of last year. Among major industries, credit to 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels', and 'all engineering' recorded a higher growth in October 2024 as compared to their respective growth rates a year ago. Personal loans growth decelerated to 15.8 per cent (y-o-y) in October as compared to 18 per cent recorded a year ago, largely due to decline in growth in 'other personal loans', 'vehicle loans' and 'credit card outstanding'. However, 'housing' -- the largest constituent of personal loans segment -- recorded an accelerated growth on year. RBI further said credit growth to services

Borrowing costs of Indian NBFCs to stay elevated in 2025, says Fitch

Manageable asset quality pressure points

CreditAccess Grameen cracks 12% on heavy volume amid asset quality concerns

Thus far in the calendar year 2024, the market price of CreditAccess Grameen has plunged 46 per cent, as compared to 10 per cent rally in the BSE Sensex.

BCFI to push for SRO status; explores solo, strategic partnership options

BCs have of late been sounding off to the Ministry of Finance, warning that the channel is becoming increasingly unviable

FACE's ambitious goal: Uniting 75% of fintech players in three years

One of the major focus areas for the SRO-FT includes improving communication among members regarding compliance and regulation

Alternative investment funds gain currency as fundraise tops Rs 5 trillion

Funds raised and commitments in AIFs have surged 30% Y-o-Y

SMFG India Credit bets big on key southern market to drive future growth

The new office in Chennai spans 68,000 square feet and can accommodate over 730 employees

Other side of financialisation: Unsecured loans flowing into stock market?

There's been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans to the NBFC sector have also dipped

Gold loans: Select repayment plan that perfectly matches your cash flows

Gold loan borrowers have a range of repayment plans they can choose from

RBI asks shadow banks to give information on supply-chain financing

NBFCs may have to rework credit service typically used by small businesses

India Inc files ECB intent worth $4.84 billion in September: RBI data

Registrations for ECBs by Indian companies almost doubled to $49.2 billion in the year ended March 2024 (FY24) from $26.6 billion in FY23