While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the sector's credit growth and profitability in the near term, larger NBFIs with robust operations and diversified funding channels are expected to maintain steadier performance.
Chennai (Tamil Nadu) [India], January 24: Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc's cutting-edge nPOS pla
Mumbai (Maharashtra) [India], January 23: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated Profit After Tax (PAT) at Rs. 2,007 Crore for the nine months ended December 31, 2024, a growth of 14% over nine months ended
The loan growth of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) (excluding IFCs) will moderate to 17 per cent in FY25, down from 21 per cent in FY24, says a report by Jefferies.
New Delhi [India], January 9: Roopya, a leading digital lending platform, has announced the launch of its advanced AI-powered agents, setting a new standard in loan origination and underwriting. This breakthrough innovation aims to empower Non-Banking Financial Companies (NBFCs), Loan Servic
Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations.
For FY2026, ICRA anticipates a further slowdown in credit growth, estimating a range of 9.7-10.3 per cent, influenced by the high CD ratio and upcoming changes in the liquidity coverage ratio (LCR) framework.
As India enters 2025, Non-Banking Financial Companies (NBFCs) stand at the threshold of a transformative era, driven by digital innovation, supportive government policies, and an increasing emphasis on sustainability.
The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key risk mitigation strategy.
Mumbai (Maharashtra) [India], December 16: Navigating the world of personal loans can be challenging, especially when deciding between secured and unsecured options. Understanding the differences between these two types of loans is crucial to making informed financial decisions.
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna