Mumbai, Jan 20 (IANS) As the Budget 2026-27 approaches, the focus is likely to shift towards structural economic reforms, with limited room for major tax concessions following last year’s significant increase in tax slabs and GST rate cuts, a report showed on Tuesday.The Indian equity markets have turned largely range-bound after giving up most of their recent gains, amid rising global geopolitical risks and persistent tariff-related uncertainties with the US.However, domestic demand indicator…
Latest NBFCs News & Updates
Mumbai, Jan 14 (IANS) The Reserve Bank of India (RBI) on Wednesday issued guidelines for the appointment and functioning of internal ombudsmen in banks and NBFCs, aimed at strengthening the mechanism for resolution of customer grievances.The RBI has issued separate directions for commercial banks, small finance banks, payments banks, non-banking financial companies, non-bank prepaid payment instrument issuers, and credit information companies to ensure specific clarity to each category.The direc…
Mumbai, Jan 8 (IANS) Securitisation volumes continued their steady momentum in the first nine months (April-December) of the financial year 2025-26, growing by 5 per cent to Rs 1.87 lakh crore, compared to Rs 1.78 lakh crore in the same period of the previous financial year, according to a Crisil Ratings report released on Thursday.The growth in securitisation, or the process by which certain types of assets are pooled so that they can be repackaged into interest-bearing securities and the inter…
Mumbai, Jan 5 (IANS) RBI Governor Sanjay Malhotra on Monday underlined the need for sound underwriting standards and close monitoring of asset quality by NBFCs.At a meeting held here with the Managing Directors and CEOs of select non-banking financial companies (NBFCs), including government NBFCs, housing finance companies (HFCs), and microfinance institutions, the RBI Governor further emphasised the criticality of customer-centricity, ethical conduct, and responsible lending.He also highlighted…
Kolkata, Dec 28 (IANS) The West Bengal Police on Sunday warned people that fake government loan advertisements using Chief Minister Mamata Banerjee’s name and photographs are being circulated on social media. In a public advisory, the state police said anyone who falls for this trap could lose thousands of rupees. Using its official X handle, West Bengal Police identified this online scam and provided information on what to look out for to avoid falling into the trap, and what to do if they beco…
New Delhi, Dec 27 (IANS) System loan growth has picked up and Q3 FY26 is expected to show better loan growth and improved net interest margins, a report said on Saturday.The report from Elara Capital said the quarter should also see lower slippages in unsecured and microfinance institutional loans and steady recovery trends that may benefit credit costs.The report, however, flagged that deposit flows remain weak and incremental credit‑deposit ratios are running very high.”Even with better Q3 o…
New Delhi, Dec 26 (IANS) Aggregate small‑business credit exposure in India reached Rs 46 lakh crore, up 16.2 per cent year‑on‑year, a report said on Friday.The report from CRIF High Mark and SIDBI said that active loan accounts grew 11.8 per cent to 7.3 crore, supported by policy measures and government credit schemes for micro, small and medium enterprises.Among businesses with credit exposure up to Rs 5 crore, the report found that formalisation was advancing with 23.3 per cent of borrow…
Mumbai, Dec 25 (IANS) India’s capital market has reached a historic milestone in 2025 by surpassing the United States in the number of IPO listings, reflecting deep investor trust in the country’s overall economic and regulatory ecosystem, Dr. Ranjeet Mehta, CEO and Secretary General of the PHD Chamber of Commerce and Industry (PHDCCI) said on Thursday. Speaking to IANS, Dr. Mehta said that the strong IPO performance in 2025 clearly shows the confidence investors have in India’s growth sto…
Mumbai, Dec 25 (IANS) The Indian primary market has raised around Rs 3.8 lakh crore through 701 IPOs over the last two years, significantly higher than the Rs 3.2 lakh crore raised between 2019 and 2023 through 629 IPOs, a new report said on Thursday.The numbers highlight how quickly the IPO market has expanded, both in size and breadth, driven by growing investor confidence in Indian equities, data compiled by Motilal Oswal showed.The report noted that 2025 has been another impressive year for …
New Delhi, Dec 24 (IANS) The number of deals in the banking, financial services and insurance (BFSI) space rose threefold in CY 25, a report said on Wednesday.The report from financial services firm Equirus Capital said that the year saw 30 deals compared to 10 deals in 2024, with banks and non‑bank financial companies accounting for mergers, acquisitions and strategic deals worth Rs 42,939 crore.Other BFSI segments recorded deals worth Rs 43,014 crore, it added.The firm highlighted that NBFCs…