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INSANE: Nbfcs | Rare Historical Photos

Indian banks' names keep fading from your loan documents

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities as the economy continues to develop. Banks are still integral, providing necessary…

The Economic Times

Gold lending industry to witness nearly 28% CAGR over FY26-28E: Motilal Oswal Report

India's gold lending industry is projected to witness approximately 28 per cent compound annual growth rate (CAGR) over FY26-28E, driven by the formalisation of credit and low monetization of household holdings, according to a report by Motilal Oswal. The segment has now overtaken personal loans to rank as the second-largest…

The Economic Times

Bumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: Jefferies

The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-term margin pressure. Analysts highlight significant benefits for small private banks and NBFCs, while providing the RBI with increased foreign exchange reserves.

The Economic Times

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NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor Murmu

Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management and rigorous stress testing for lenders. NBFC credit growth continues to rise, impacting the overall financial landscape. Technology adoption is transforming credit assessment and management practices. Customer…

The Economic Times

RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISME

FISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt working-capital finance for MSMEs. The industry body said revolving credit helps small businesses manage cash-flow gaps, as they can draw funds when needed, pay interest only on…

The Economic Times

Tata, Godrej and now Birla: Big groups aren't just chasing glitter

India’s gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reaching Rs 3.3 lakh cr by May 2026. Tata Capital, Godrej Capital and Aditya Birla Capital are expanding aggressively as lenders shift toward secured retail credit, driven by rising gold prices,…

The Economic Times

RBI invites public comments on draft rules to standardise how lenders set interest rates

The Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across various financial entities. Benchmark-linked lending and interest calculation methods will see stricter regulations. The proposed framework will take effect from April 1, 2027. Public consultation on these draft amendments…

The Economic Times

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RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: Kotak

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) may increase operational challenges for lenders, reduce their returns and raise costs for borrowers, Kotak Institutional Equities said in a report.

The Economic Times

Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunities

DSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplined underwriting and execution. She sees healthy retail and SME credit demand, early corporate lending recovery and opportunities across banks, NBFCs and non-lending financials amid India’s long-term financialisation.

The Economic Times

RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report.

The Economic Times

Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs

Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential norms while encouraging innovation in lending.

The Economic Times

India's bank credit growth remains robust at 18.6% in June 2026; NBFC, retail lending drive momentum: Report

India's average bank credit growth remained robust in June 2026, supported by healthy retail lending and strong credit flow to non-banking financial companies (NBFCs) and commercial real estate (CRE), according to a report by Haitong Securities India.

The Economic Times

Trade, NBFC credit to remain fastest-growing lending segments: Report

Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisation of economic activity, deeper financial penetration and the expanding reach of organised lenders, according to a report by Ashika Institutional Equities. The report said continued adoption of GST, digital payments…

The Economic Times

RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17

The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financial institutions. Banks and NBFCs will need to implement robust data lifecycle controls. A board-level committee will oversee the new data governance policies. This initiative seeks to ensure data…

The Economic Times

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The Economic Times

FCNR inflows may reduce banks' reliance on CD market in Q2 FY27: Report

Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certificate of deposit issuances in the near term. However, FCNR (B) deposit inflows will determine certificate of deposit volumes in the second quarter. Commercial paper issuances are expected to remain strong…

The Economic Times

Nifty heading to 25,000, Bank Nifty to 60,000 soon; prefer private banks, NBFCs over PSU banks: CA Rudramurthy BV

Indian equity markets are showing strong upward momentum, breaking past key resistance levels. Analysts believe this rally has significant potential, with the Nifty eyeing 25,000. Supportive macro factors like stable crude prices, a steady rupee, and a slowdown in foreign investor selling are fueling optimism. The market favors private banks…

The Economic Times

Crude oil correction could be India's next big market trigger: Rohit Seksaria

Indian equities are poised for a positive shift as falling crude oil prices ease inflation and currency concerns, according to Sundaram Mutual's Rohit Seksaria. While expecting a temporary earnings dip, he sees banks and NBFCs leading a rebound. Seksaria also highlights opportunities in data centers, hospitals, niche IT, and auto…

The Economic Times

PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: Report

Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. While NBFCs are rapidly gaining market share, public banks still dominate priority sector gold loans, leveraging their extensive networks.

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The Economic Times

Nifty upside limited, but stock-specific opportunities remain: Pramod Amthe

Indian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights sectors with pricing power like FMCG and paints, alongside preferred auto segments and NBFCs. While broad market gains may be modest, astute stock selection is key for investors navigating these challenging times.

The Economic Times

NBFCs, autos, and multi-decadal themes gain traction as India eyes post–West Asia stability boost: Nitin Raheja

Market participants are recalibrating India portfolios towards financials, autos, and long-term structural themes like defence and digital infrastructure as crude prices soften and West Asian tensions ease. Market expert Nitin Raheja of Julius Baer Wealth Advisors sees a cautiously optimistic outlook, with improving medium-term prospects for Indian equities despite near-term…

The Economic Times

Kuku FM readies public market debut; SoftBank books Lenskart gains

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.

The Economic Times

PhysicsWallah revises lending strategy, to partner with NBFCs for student loans

In a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending through its books, as had been envisaged with the FinZ infusion. The edtech will henceforth work as a technology platform that connects its students to a curated…

The Economic Times

AvenuesAI plans strategic investment in Ratnaafin Capital NBFC to drive AI-led embedded lending

AvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 2000 crores, as part of its strategy to build an AI-led embedded finance and digital lending ecosystem through partnerships with specialised NBFCs.

The Economic Times

Select SFBs and MFI players positioned for earnings upside: Rajiv Mehta

Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation, credit performance remains stable. Microfinance and affordable housing are highlighted as particularly attractive sub-segments poised for strong recovery, though vigilance on household income pressures is…

The Economic Times

Mythos: A challenge for the Indian banking system

Claude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are swiftly mobilising to safeguard the integrity of the financial sector. With the Reserve Bank of India's robust framework in place, the emphasis now shifts to the implementation of comprehensive AI standards.

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