Search For "nbfcs"
Veefin Delivers Strong Q3 and Nine-Month FY26 Performance with Robust Marg
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], January 28: Veefin Solutions Limited, a global enterprise software product company providing digital banking and transaction-banking platforms to banks and NBFCs, today announced its financial results for the third quarter and nine months ended FY26. The company
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L&T Finance Records Highest Ever Core Profit After Tax of Rs. 760 Crore (b
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], January 20: L&T Finance Ltd., formerly known as L&T Finance Holdings Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India, has recorded its highest ever core Profit After Tax (PAT) of Rs. 760 Crore (before one-time impact of New Labour
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Auto Finance NBFCs to register 13 to 20% AUM growth in Q3FY26, Affordable
Updated : 2 months ago IST
Asset under management (AUM) growth for non-banking financial companies (NBFCs) is expected to remain resilient in the third quarter of FY26, led primarily by strong performance in the auto finance segment, while affordable housing finance may see relatively weaker disbursement trends, highl
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Stable margins, strong loan growth & healthy asset quality to support bank
Updated : 2 months ago IST
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.
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Delhi HC issues notice on PIL alleging privacy violations by digital lendi
Updated : 2 months ago IST
The Delhi High Court on Wednesday issued notice on a Public Interest Litigation (PIL) seeking coercive action against Regulated Entities (REs), Non-Banking Financial Companies (NBFCs) and Lending Service Providers (LSPs operating digital lending applications), allegedly found to be in bre
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L&T Finance Ltd. Launches 'Sachet with Sachet,' a Cyber Safety Initiative
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], December 31: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the country, has announced the launch of 'Sachet with Sachet,' a cyber safety initiative to empower users with the
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NBFCs raise Rs 635 billion across 24 IPOs in 2025, accounting for 26.6% of
Updated : 2 months, 2 weeks ago IST
In contrast, banks took a more calibrated approach. While private banks recorded virtually no IPO fundraising in CY25, PSU banks emerged as dominant players in the Qualified Institutional Placement (QIP) market.
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Mahindra Finance's Dhan Samvaad Builds Financial and Digital Resilience Ac
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 19: Mahindra Finance (Mahindra Finance), one of India's leading non-banking financial companies (NBFCs), in partnership with Impact Guru Foundation (IGF), has strengthened its flagship CSR initiative, Dhan Samvaad, to create meaningful change across com
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Vi subsidiary VITIL completes Rs 3,300 crore fundraise via issuance of NCD
Updated : 2 months, 3 weeks ago IST
The fundraise saw strong interest exceeding the NCD issuance, from a diversified group of marquee investors, including large Non-Banking Financial Companies (NBFCs), Foreign Portfolio Investors (FPIs) and Alternative Investment Funds (AIFs).
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Banks, NBFCs to remain key growth drivers as credit grows faster than broa
Updated : 2 months, 4 weeks ago IST
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
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The Battery Gets a Digital Identity. India's First Blockchain-Based Batter
Updated : 2 months, 4 weeks ago IST
New Delhi [India], December 16: This initiative empowers key stakeholders such as drivers, NBFCs, OEMs, Policy makers and recyclers, fueling EV adoption and financial inclusion in India.
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FinBox launches Journey Studio to enable lenders to launch digital credit
Updated : 3 months ago IST
Bangalore (Karnataka) [India], December 10: FinBox, a leading digital credit infrastructure and risk intelligence provider, today announced the launch of Journey Studio - a platform that allows banks, NBFCs, and Lending Service Providers (LSPs) to launch new digital journeys for products lik
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