Mumbai, Feb 23 (IANS) Bharti Airtel on Monday announced plans to invest Rs 20,000 crore over the next few years to expand its digital lending business through its Non-Banking Financial Company (NBFC) subsidiary, Airtel Money Limited.The telecom major said the fresh capital infusion will help strengthen its presence in India’s fast-growing financial services sector and narrow the country’s credit gap.Of the total Rs 20,000 crore investment, Airtel will contribute 70 per cent, while the remain…
Latest NBFC News & Updates
Mumbai, Feb 9 (IANS) The domestic institutional investors (DIIs) have remained key bidders, pumping $23.4 billion in the fourth quarter of 2025 and $90.1 billion in full year 2025 – aided by steady SIP inflows into domestic MFs, a report showed on Monday.This strong participation has not only helped mitigate the effects of a spike in FII outflows, which totalled $18.8 billion in 2025, but has also absorbed the continued surge in primary market issuances, with IPOs and FPOs amounting to Rs 1.95…
Mumbai, Feb 3 (IANS) Bajaj Finance on Tuesday reported a 5.6 per cent decline in consolidated net profit for the December quarter (Q3 FY26).The non-banking financial company (NBFC) posted a net profit of Rs 4,066 crore, compared to Rs 4,308 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.On a sequential basis, profit fell 18 per cent from Rs 4,947 crore reported in the September quarter (Q2 FY26), as per its regulatory filing.The company said profi…
New Delhi, Feb 1 (IANS) The sharp increase in capital expenditure to Rs 12.2 lakh crore, along with new freight corridors, national waterways and city economic region development, directly addresses industry’s concerns around infrastructure gaps and logistics costs, leading industry chamber Assocham said on Sunday.Calling the Union Budget 2026–27 as a forward-looking and reform-driven one that strengthens the foundations of India’s medium- to long-term economic growth, the chamber said it …
New Delhi, Jan 29 (IANS) As the World Bank ranks India among the top 5 countries globally in terms of private investment in infrastructure among low- and middle-income economies, infrastructure continues to be central to India’s growth strategy, with public capital expenditure following a sustained upward trajectory since FY15, the Economic Survey 2025-26 stated on Thursday.According to the Survey, this has been made possible by the institutionalisation of multimodal planning through PM GatiSh…
New Delhi, Jan 19 (IANS) An apartment in Gurugram and bank balances, both worth Rs 54 crore, were attached by the ED in a matter related to misuse of loans of over Rs 500 crore by companies associated with failed e-ride hailing service BluSmart Fleet, an official said on Monday.The Enforcement Directorate (ED), Headquarters Investigation Unit (HIU), New Delhi, has issued a Provisional Attachment Order (PAO) in the case of Gensol Group under the provisions of the PMLA, 2002.The federal probe agen…
New Delhi, Jan 13 (IANS) India’s MSME sector is showing early signs of revival with nearly eight in ten firms reporting improved performance in recent months and 86 per cent expecting business growth in 2026, a report said on Tuesday.The report from an SME focused NBFC NeoGrowth found constructive optimism driven by strong festive sales, improved cash flow and GST 2.0 benefits.The study of over 2,000 MSMEs across over 25 cities found that over 71 per cent of MSMEs plan to expand shops or open …
New Delhi, Jan 8 (IANS) The Indian Renewable Energy Development Agency (IREDA) has received the prestigious ‘Excellent’ rating in the MoU signed with the Ministry of New & Renewable Energy (MNRE) for the fifth consecutive year, underlining the organisation’s sustained focus on operational efficiency and financial discipline, an official statement issued on Thursday said.The ‘Excellent’ rating for the financial year 2024–25, has been achieved by the country’s largest pure-play g…