The Cyrus Poonawalla Group-promoted NBFC announced the deployment of five new AI-powered solutions as part of its risk-first and enterprise-wide digital transformation journey
RBI may expand the upper layer of NBFCs amid rising size and interconnectedness, bringing more large public and private sector NBFCs under enhanced regulatory norms
The share of outstanding bank credit in infrastructure financing has come down to 33.61 per cent - the least since FY18
Operating on a small-ticket, high-volume model, fintech-driven NBFCs saw active loans grow by 25.6 per cent on an annual basis, outperforming the overall NBFC industry's 15.1 per cent growth
NBFCs and fintechs are filling the gap left by cautious banks in micro lending, even as regulators monitor rising exposure and borrower indebtedness in the segment
Regulator to emphasise on non-duplication of businesses
Poonawalla was trading 3.3 per cent lower at ₹509 compared to the previous day's close of ₹526.4 on the NSE
Tata Sons, meanwhile, repaid ₹20,642 crore in FY23 to become a net debt-free company before seeking declassification as an NBFC, according to its annual report
Bajaj Finance surged 4 per cent to ₹1,058.60, while L&T Finance (₹271) and Cholamandalam Investment and Finance Company (₹1,691.90) were up 3 per cent each on the BSE in Wednesday's intra-day trade.
Analysts at PL Capital expect domestic-oriented sectors to outperform, naming banks, NBFCs, autos, retail, consumer staples, defence, metals, and select consumer durables as top picks.
Tata Capital shares opened at ₹330 on the NSE, reflecting a premium of 1.23 per cent over the issue price of ₹326
Aon study shows salary growth to touch 9% in 2026 as real estate and NBFCs lead the rise, while firms prioritise performance-based pay amid global slowdown
The rally in Poonawalla Fincorp shares came after Poonawala said the company's assets under management (AUM) grew by 67.7 per cent year-on-year in Q2FY26
RBI proposes thresholds requiring board approval for related-party lending by regulated entities, with exemptions and stronger reporting and disclosure norms
According to the central bank, it had received three applications to be recognised as self-regulatory organisations in the NBFC space, including that of the FIDC
The FIDC is a representative body of non-banking financial companies (NBFC) registered with the RBI
The non-banking financial company aims to raise 47 billion rupees in the second half of the fiscal, after raising 18 billion rupees from April to September
Till 09:41 AM, a combined 40.01 million equity shares representing 4.8 per cent of total equity of Sammaan Capital changed hands on the NSE and BSE.
The NBFC will tap into the MDF - one of the three pillars of the Rs 69,725 crore shipbuilding package - which was created as a financial umbrella for various areas
The latest goods and services tax (GST) reform could spur demand for vehicle loans, but also increase asset risks because collateral values can decline