Page 2 - Nbfcs

Sammaan Capital soars 12% on huge volumes; why NBFC stock in focus?

The NBFC received RBI approval for the proposed investment by Avenir Investment RSC Ltd, under which the investor will subscribe to Sammaan Capital's equity shares through a preferential issue.

Despite credit-guarantee scheme, banks may stay cautious on lending to MFIs

Banks are likely to remain cautious in lending to MFIs despite the credit guarantee scheme, with underwriting standards and risk assessment frameworks unchanged

Tata Capital gets ₹413 cr tax demand; to challenge reassessment order

Non-banking finance company Tata Capital has received a reassessment order from tax authorities, raising a demand of Rs 413.18 crore for the financial year 2017-18, the firm said. The order, issued by the Deputy Commissioner of Income Tax, Mumbai, under the Income-tax Act and uploaded on March 20, 2026, pertains to Tata Capital Financial Services Ltd (TCFSL), which has since been merged with Tata Capital with effect from April 1, 2023. The demand includes interest of Rs 202.72 crore and primarily arises due to alleged short credit of taxes paid and certain disallowances, Tata Capital said in a stock exchange filing on Saturday. However, the company said the demand is based on apparent errors in the computation. It stated that the assessing officer incorrectly allowed a tax credit for Tata Capital instead of TCFSL, leading to a shortfall in credit and consequential interest levy. Tata Capital said the entire demand, comprising Rs 209.52 crore of tax and Rs 202.72 crore of interest,

Multiple triggers in MFI space may be offset by near-term headwinds

Improving asset quality and disbursement trends support outlook, but risks from Bihar legislation, geopolitics, and climate factors may weigh on growth

India Inc's ECB and FCCB intent hit new FY26 high in January 2026

According to RBI data, $4.18 billion was proposed through the automatic route and $1.15 billion through the approval route

NBFCs hold back on ECB plans as West Asia conflict pushes up hedging cost

The hedging cost has increased up to 75 basis points, increasing the landed cost of foreign currency borrowings for NBFCs

Poonawalla Fincorp gains as Motilal Oswal sees 37% upside; stock up 3%

Motilal Oswal retained its target price of ₹560 for Poonawalla Fincorp, implying an upside potential of about 37 per cent from Friday's close

RBI imposes ₹2.7 lakh penalty on Manappuram Finance for KMP pay breach

The Reserve Bank of India has imposed a Rs 2.7 lakh penalty on Manappuram Finance for violating guidelines on compensation of key managerial personnel following a statutory inspection

Nomura bets on AI-led NBFC growth; Piramal, LT Fin, Tata Capital rated Buy

AI could transform NBFC lending and drive faster growth, according to Nomura. The brokerage has initiated coverage on Piramal Finance, L&T Finance, Tata Capital and HDB Financial.

NBFC stock picks: Why Ambit prefers Tata Capital, SHFL over Bajaj Finance

Competition in affordable home loans intensified as industry players are waiving login fees to drive volumes, even as the sector's risk appetite remains elevated

Microfinance portfolio drops 7.3% to ₹3.14 trillion in Q3, says MFIN

Microfinance loan portfolio fell to Rs 3.14 trillion in Q3 FY26, down 7.3% sequentially, with 50 lakh borrowers losing access to formal finance even as portfolio quality showed improvement

Bihar MFI bill may disrupt operations, delay recoveries, say analysts

Analysts warn Bihar's proposed microfinance regulation could disrupt lending operations, weaken borrower credit discipline, and delay recoveries for NBFC-MFIs, banks and small finance banks

NBFC-MFIs diversify beyond microfinance into LAP and housing loans

NBFC-MFIs are expanding into MSME loans, LAP and affordable housing finance as political developments, regulatory changes and sector stress push lenders to diversify beyond microfinance

Gold loan disbursements surge 94% in Q3FY26: Equifax Retail Insights

Gold loan disbursements nearly doubled in Q3 FY26 as borrowers favoured gold-backed credit, with NBFCs leading growth and PSBs contributing the largest share, Equifax data shows

DEG and Citi cofinance $76 million to Shriram Finance to boost MSME

DEG and Citi have extended a $76 million co-financing facility to Shriram Finance to expand lending to MSMEs, smallholder farmers, women borrowers, and electric vehicle buyers

Strong demand, low credit costs to keep gold-loan NBFC profits healthy

Crisil Ratings expects gold-loan NBFCs to maintain strong profitability as rising demand, better operating leverage and benign credit costs support returns over the next two fiscals

Bharti Airtel hits over 4-month low, down 2%; what's making Street nervous?

Investing in the NBFC business is non-core to the telecom business, hence, analysts may consider it a slight negative from a capital allocation perspective.

Transition path for NBFCs to become universal banks may be in the offing

DFS to again meet on shadow banks next week

Manappuram CEO takes medical leave as Bain Capital gains nomination rights

Manappuram Finance CEO Deepak Reddy has gone on medical leave for up to 120 days, even as Bain Capital prepares to assume promoter status and secure rights to nominate key executives

Gold loans drive 42% surge in secured lending in Q3FY26: Experian

Experian data shows secured loans growing 42% in Q3FY26, led by strong demand for gold loans, even as unsecured lending rebounded and home loans maintained steady momentum