
For March 2024, Mahindra Finance estimates the overall disbursement at approximately Rs 6,100 crore, reporting a 9 per cent growth…
“This round of funding will help us to extend our reach into newly expanded rural geographies,” said Jitendra Tanwar, Managing Director &…
In FY23, Rs 4.56 lakh crore loans were sanctioned, of which Rs 4.50 lakh crore loans were disbursed to micro…
InCred Finance has supported 750+ new age startups in the D2C and SAAS businesses space. InCred’s Business Loan AUM has…
In October 2021, RBI issued scale-based regulations, which classified NBFCs on the basis of size, activity, and perceived weakness. According to…
Inability to participate in co-lending activities, unviable business models make players re-think deposit mobilisation.
Others like Spandana Sphoorty Financial and Satin Creditcare Network also plan to cut rates across categories soon.
“NBFCs would resort to more of retail issuances of debentures, which lend granularity to funding and diversify the investor base,”…
Co-lending as a model (originally known as co-origination of loans by banks and NBFCs) for lending to priority sectors involves…
This is Credit Saison’s first investment from an external investor, a statement from CS India said.
While the spirit of RBI’s measure is to instil prudence, it will impact the capital ratios of lenders and compel…
Rao told NBFCs to be mindful of their underwriting practices and risks emerging from lending concentrated in one segment.
The FIDC in a number of occasions asked its members to review implementation of key norms.
“Growth momentum in securitisation is expected to remain strong as NBFCs look to further diversify their resource mix, especially given…
This growth in disbursements is likely to enable such infrastructure finance companies to continue gaining market share from traditional banks.
Fearing that such a measure has the potential to sharply reduce credit flow to MSMEs and self-employed sections of the…
NBFC-investment and credit companies (NBFC-ICCs), and NBFC infrastructure finance companies (NBFC-IFCs) account for 95% of the NBFC segment’s advances.
The co-lending framework for priority sector lending has also facilitated the flow of credit to the MSME segment.