NBFCs News
Why RBI gave banks a knuckle rap for their misaligned retail focus
Reserve Bank of India Governor Sanjay Malhotra did the right thing by shining a light on customer grievances. Banks must fix their ways if today’s dismal levels of customer satisfaction are to improve.
4 min read6 Apr 2025Authum Investment receives RBI nod to acquire SIDBI’s ARC biz
Authum will acquire 56.52% of ISARC through a fresh issue of 13 crore shares and buy an additional 22.75% from existing shareholders. The NBFC will inject ₹170 crore through the fresh issue, boosting ISARC’s minimum net worth to ₹300 crore.
2 min read28 Mar 2025Small-cap stock under ₹100: LIC-owned NBFC’s foreign currency bonds list at Mauritius-based exchange
Small-cap stock under ₹100: The NBFC, owned by India’s largest state-run insurer, LIC, announced the update of its foreign currency bonds vi a stock exchange filing today.
2 min read25 Mar 2025Jefferies Asia Forum: HDFC Bank, IDFC First Bank, Paytm, and others share growth strategies
The Jefferies Asia Forum highlighted optimism in the financial sector, with HDFC Bank and IDFC First Bank focusing on deposit growth and asset quality. Life insurers await regulatory clarity, while Paytm sees success in its merchant business. BSE evaluates market dynamics for strategic growth.
4 min read25 Mar 2025Bajaj Finserv’s insurance bet fails to impress investors
Markets remain skeptical as the financial powerhouse doubles down on diversification.
6 min read19 Mar 2025Lower capital requirements for bank loans to NBFCs to ease funding woes
The RBI had in November 2023 hiked risk weights on banks’ exposure to NBFCs by 25 percentage points, over and above the risk weight associated with the given external rating. It had also raised the weights on certain consumer credit segments. On 26 February, the RBI rolled back the hike.
5 min read27 Feb 2025RBI reduces risk weights on bank loans to NBFCs, MFIs
The central bank has restored the risk weights on bank loans to NBFCs to the levels before they were hiked in November 2023.
4 min read25 Feb 2025Small-cap stock under ₹100: Delhi-based DII raises stake to 15.56% in this NBFC stock; Do you own?
Small-cap stock under ₹100: The DII purchased 13,97,63,088 shares carrying voting rights to raise its stake in the NBFC to 15.563 per cent via open market transaction.
2 min read14 Feb 2025Gold loan GNPA up 18% in banks, upper and middle layer NBFCs from March-June 2024
GNPAs for gold loans in SCBs and Upper and Middle-Layer NBFCs rose by 18.14% from March to June 2024, as reported by the Ministry of Finance.
1 min read10 Feb 2025NBFCs turn to other avenues as bank credit slows on repeated RBI warnings
Top NBFCs have seen the share of bank credit in their total debt fall significantly in July-September FY25 compared with FY24-end and the year ago period.
3 min read14 Dec 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared