In terms of collection efficiency, there was an increase in the Net FF% (forward flow) rate from Mar’24 to Apr’24…
The company said it will prioritize projects that contribute to reducing carbon emissions, promoting energy efficiency, and improving air quality…
The loan product is aimed at businesses in tier II towns and beyond to support their working capital needs.
Diversification is also crucial to optimise borrowing cost, given bank funding has become dearer by 20-50 bps over the past…
The organised gold loans expanded at a compound annual growth rate (CAGR) of 25 per cent over the period FY2020-FY2024…
For institutions, interoperability will create a unified data-sharing environment, enabling them to access customer financial data from various sources without…
A priority sector fund by the NABARD to refinance CSA farmer portfolios of banks and NBFCs can be established, the…
After reporting a growth of over 80 per cent and 70 per cent in fiscals 2023 and 2024, respectively, NBFCs’…
Growth for gold-loan NBFCs, CRISIL said, has also been supported by favourable movement in gold prices. Moreover, given their robust…
A slowdown in key segments like automobile and microfinance, and elevated competition from banks in secured segments like mortgage loans…
Given the changing business dynamics, monitoring the incipient risk of the MSMEs becomes imperative. The low risk and falling delinquency…
According to ICRA estimates, securitisation volumes are expected to pick up in the subsequent quarters and cross Rs 2 trillion…
Indiabulls Housing Finance announced that it has officially changed its name to ‘Sammaan Capital Limited’. The renaming and rebranding happened…
In terms of portfolio quality, the portfolio delinquent by 31 to 180 days past due (DPD) improved for banks and…
According to RBI data, banks’ consumer durable loans grew 13% y-o-y to Rs 23,713 crore as on March 2024,while other…
Post-pandemic, NBFCs have experienced a significant surge in their assets under management (AUM), especially in retail segments such as unsecured…
Founded in 2009, the company provide banking services and financial assistance including business loans, group loans, etc., through its network…
Credit growth to non-banking financial companies (NBFCs) slowed to 15.3% y-o-y in March 2024, against 29.9% a year ago.