Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.
Gurugram (Haryana) [India], August 11: Moneyboxx Finance Limited (MBFL) (BSE: 538446), a fast-growing NBFC catering to underserved micro and small enterprises in rural and semi-urban India, reported robust performance for the quarter ended June 30, 2025 (Q1 FY26), underscoring the success of
The rising demand in India's retail credit market has opened new opportunities for Non-Banking Financial Companies (NBFCs) to expand their investor base, according to a recent report by Crisil Intelligence.
Kochi (Kerala) [India], August 4: Supra Pacific Financial Services Limited, a BSE-listed Non-Banking Finance Company (NBFC), has announced its strategic growth vision, aiming to achieve an Assets Under Management (AUM) of ₹1,000 crore by March 2027.
ICRA forecasts a significant expansion in retail mortgage-backed loans provided by non-banking financial companies (NBFCs) and housing finance companies (HFCs).
The proposal, submitted by the Law Department of the Government of National Capital Territory of Delhi (GNCTD), cited a growing number of disputes in the banking and financial sectors as well as gas supply services in the city. It recommended their inclusion under "Public Utility Services" t
Bangalore (Karnataka) [India], July 28: Numeros Motors, a new-age original equipment manufacturer specializing in indigenous electric vehicles, joined forces with Perpetuity Capital, a fast growing NBFC specializing in EV financing. This is a strategic move and would ensure tailored financin
The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a report by Ionic Wealth.
Mumbai (Maharashtra) [India], July 21: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
Pune (Maharashtra) [India], July 14: Supporting the growth ambitions of Indian entrepreneurs, Bajaj Markets offers access to business loans of up to ₹80 Lakhs through its extensive network of trusted financial partners. These loans come with competitive interest rates starting at 14% p
New Delhi [India], July 11: The Indian banking sector has undergone a remarkable transformation with the rise of Non-Banking Financial Companies (NBFCs), which have redefined how credit is accessed and delivered across the country.