Bajaj Finance's creditworthiness benefits from the company's strong market position in the financing of consumer durables and two- and three-wheelers, and its adequate liquidity, S&P Global said.
Morgan Stanley sees more FY26 earnings downgrades for NBFCs and advises investors to focus on stocks with strong fundamentals and valuation safety amid sector volatility
The revised norms allow Direct Lending Guarantees across loan types and reduce the minimum loan retention threshold for NBFCs to 10%, says Crisil
MFIN seeks a ₹15,000-₹20,000 crore government-backed credit guarantee to encourage banks to lend to NBFC-MFIs, citing improved collection efficiency and liquidity needs
Effective January 1, RBI requires regulated entities in co-lending to retain 10% of each loan on books, cap default loss guarantee at 5%, and align asset classification between partners
Flush with parent backing and top credit ratings, India's largest NBFCs are raising record sums without chasing bank licences, as they prepare for a fresh wave of private sector credit demand
Laxmi India Finance shares listed at ₹137.52 on the NSE, reflecting a discount of 13.96 per cent over the issue price of ₹158
Gold loan financier Manappuram Finance on Friday announced the appointment of Deepak Reddy as its chief executive officer with immediate effect. He has over three decades of extensive experience in leading diverse business verticals and managing human capital across financial institutions, Manappuram Finance said in a statement. Before joining Manappuram, Reddy was associated with Bajaj Finserv Ltd for over 17 years, where he played a pivotal role in the company's transformational journey, it said. As the CEO, Reddy will be primarily responsible for steering the company and its subsidiaries through the next phase of growth and innovation, including strengthening the company's core businesses of gold loans, vehicle finance, microfinance, MSME loans, housing finance, and digital lending.
The NBFC's net interest margin (NIM) declined to 16.43 per cent in Q1FY26, as against 16.84 per cent reported in the previous quarter (Q4FY25)
With the ambitious goal of a developed India by 2047, banks will need to adapt continuously to serve a more aspirational, mobile, and digitally connected population, he said
At 02:00 PM, shares of Poonawalla Fincorp were trading at ₹426.50, up by 3.19 per cent on the National Stock Exchange.
Shriram Finance's share price was trading 3.52 per cent higher at ₹637.50 per share on the NSE
Shares of HDB Financial Services, subsidiary of HDFC Bank, hit a new low of ₹761.05, down 3% on the BSE in Friday's intra-day trade, and was trading close to its IPO issue price of ₹740 per share.
Thus far in the calendar year, L&T Finance stock has outperformed the market by surging 56 per cent, as compared to 5 per cent rise in the BSE Sensex.
Mahindra Finance posted a 3% increase in net profit for Q1 FY26, but a 6% decline on a sequential basis. Total income grew by 18% YoY to Rs 4,438 crore
L&T Finance's consolidated profit after tax (PAT) figure stood at ₹701 crore, up by 10 per cent from ₹636 crore reported in the previous quarter
Aadhar Housing stock rallied 4% to hit a life-time high around ₹526 in intra-day trade on Monday.
Indostar Capital Finance shares rose 6 per cent after it completed the sale of its wholly owned subsidiary for ₹1,705.95 crore
With assets under management of over ₹12 billion, Infinity offers loans to entrepreneurs and small business owners in India's smaller cities, supporting them in achieving their growth goals
The share of US in overall education loan portfolio has come down to 50% as on March 31, 2025, from a peak of 53% on March 31, 2024, and is expected to go down further over next few years