India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.
Bank of Baroda has officially become the first bank in the country to successfully raise Green Infrastructure Bonds within the domestic market. The state-owned lender announced a significant capital boost aimed specifically at environmental initiatives. Posting on its X account, the bank sai
Bhubaneswar (Odisha) [India], February 25: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annap
New Delhi [India], February 24: VideoCX.io, India's leading Video KYC and Video Banking platforms and a pioneer of Personal Discussion on Video (Video PD) since 2018, today announced the launch of its AI-powered Video PD module, further strengthening the credit underwriting process across In
New Delhi [India], February 18: Applying for a mortgage loan no longer has to feel like a paperwork-heavy, time-consuming task. With lenders moving towards digital verification and simplified checks, borrowers today can access large funds using their property with far less documentation than
The Reserve Bank of India's (RBI) new rules on banks' capital market exposure will allow lenders to actively participate in corporate takeovers, mergers and acquisitions (M&A), and leveraged buyouts, according to a report by JM Financial.
New Delhi [India], February 12: Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory,
A review of the data shows that ECB funds during the month were primarily utilised for import of capital goods, new project execution, modernisation of facilities, and on-lending by financial institutions. Manufacturing, financial services, infrastructure and transportation sectors accoun
Bengaluru (Karnataka) [India], February 4: Stellar Innovations, a leading global Information Technology Enabled Services (ITES) company, continues to revolutionize the mortgage, title insurance, and real estate sectors through cutting-edge technology solutions and comprehensive business proc
Loan growth remained robust across the system, with private banks reporting year-on-year growth of about 11% and state-owned banks posting over 12% growth. NBFCs also continued to see healthy expansion in assets under management, the report said.
Housing finance experts and lenders speaking at the conference said developers are no longer willing to build homes priced below Rs 50 lakh, citing high land costs, thinner margins and reduced policy incentives under the revamped Pradhan Mantri Awas Yojana (PMAY) framework.
India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking's 3rd Annual BFSI Confere