Page 7 - Nbfcs

Non-bank funding rose as bank credit slowed in FY25: RBI Bulletin

Non-bank sources including NBFCs, equity issuances and short-term external credit offset moderation in bank lending, raising overall funding flows to the commercial sector

RBI paper says monetary policy transmission to NBFCs remains incomplete

RBI research shows incomplete transmission of policy rates to NBFCs as higher borrowing costs, risk perception and reliance on banks and markets dampen rate adjustments

Banks, NBFCs roll out festival season offers to revive credit demand

Banks and NBFCs are launching festive offers including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

Corporates file $3.48 billion ECB intent in July, shows RBI data

Indian companies, including NBFCs, filed intent for $3.48 bn in ECBs in July 2025, with $3.22 bn via the automatic route and $100 mn via the approval route, RBI data showed

L&T Finance zooms 94% from January low; stock trades at record high

Thus far in the month of September, the stock price of L&T group NBFC has outperformed the market by surging 16 per cent, as compared to 3.8 per cent rise in the BSE Sensex.

Poonawalla Fincorp soars 11% on huge volumes, nears record high; here's why

Poonawalla Fincorp stock hit a 52-week high after company's board approved allotment of 33.15 mn equity shares at ₹452.51 each for ₹1,500 crore to its promoter Rising Sun Holdings Private Limited.

Finance firms may keep cornering mkt share from banks: S&P Global Ratings

S&P Global Ratings expects NBFCs to expand loan books at 21-22% in two years, outpacing banks' 11-12% growth, with India's household leverage set to rise to 31% by FY30

Bajaj Finance rallies 11% in 2 weeks; JM Financial sees more upside

JM Financial maintains 'Buy' rating on Bajaj Finance with revised target price of ₹1,060, as it expect pressure on yields due to movement in secured segments to be offset by decline in cost of funds

NBFC loans to grow 15-17% in FY26 on GST reforms, liquidity boost: Icra

Their credit expanded 17 per cent in FY25 and 24 per cent in FY24, respectively

Banks, NBFCs may tap overseas market as dollar bond spreads narrow

Following India's rating upgrade, in investment grade space, spreads have compressed by 10 - 15 bps while in high yield space spreads have compressed by 25 - 30 bps

New co-lending norms may reduce bank and NBFC volumes in near term

RBI's new co-lending norms may shrink volumes in the short term as NBFCs face tech, cost and compliance hurdles - but lenders expect long-term growth once systems adapt

Kaleidofin Capital raises $3 million in debt from Triodos for 3-year tenure

Kaleidofin Capital raised $3 million in debt from Triodos Investment Management to support informal sector enterprises including agriculture and dairy segments

What's the link between Bajaj Finance and GST 2.0? Stock rallies 5% today

Bajaj Finance is one of India's largest and well-diversified non-banking finance companies (NBFCs). The company provides loans for two wheelers, consumer durables, housing, SME & MSME businesses etc

New co-lending guidelines may dampen bank, NBFCs' volumes in near term

The new rules could increase operational costs for lenders, who will need to maintain mandatory escrow accounts, comply with stricter KYC norms, and invest in upgraded tech integration

HDB Financial shares rise as Motilal Oswal initiates coverage; check upside

HDB Financial shares rose as much as 1.31 per cent after Motilal Oswal assigned a 'Neutral' rating on the stock

L&T Finance rallies 3%, hits new high; more steam left in the NBFC stock?

In the past two trading days, L&T Finance shares have rallied 7 per cent after S&P Global Ratings revised the NBFC's stand-alone credit rating upward by one notch

Bajaj Finance spurts 7% after S&P Global Ratings upgrade; details here

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 warns of NBFC earnings cuts, urges selective approach

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

RBI's revised co-lending norms likely to boost NBFC growth: Crisil

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 ₹20,000-cr credit guarantee from govt to boost NBFC-MFIs

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