Stay updated with the latest microfinance news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on microfinance topics.
New Delhi [India], July 10 (ANI): Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings. The rating agency said that the acquisition of stressed assets will continue to trend lower even as redemptions, which have improved in recent years, are likely to remain healt ...Read More >
Mumbai, Jul 10 (PTI) Domestic ratings agency Crisil on Thursday said private asset reconstruction companies' assets under management (AUM), measured in terms of security receipts, are set to decline by up to 6 per cent in FY26 to Rs 1.05 lakh crore as redemptions are outpacing acquisitions. This is on top of a 15 per cent decline in the AUM in FY25, the agency said in a report, pitching for a slew of changes that such entities need to adopt going forward. "Business model realignment is imperat ...Read More >
New Delhi: The retail asset securitisation market in India has shown steady growth in the first quarter (Q1) of FY26, with a total transaction volume of Rs52,000 crore, a new report said on Wednesday. This includes both pass-through certificate (PTC) issuances and direct assignment (DA) transactions, according to CareEdge Ratings report. The volume represents a 6 per cent growth over the same period previous year. Despite this, the market's stability is a positive sign, driven by strong demand ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Gross loan advances by non-banking financial companies (NBFCs) have grown significantly, doubling from Rs 24 lakh crore as of March 2021 to Rs 48 lakh crore as of March 2025, Finance Minister Nirmala Sitharaman said on Wednesday. Addressing the 'NBFC Symposium 2025' here, she said NBFCs have emerged as an important source of credit for segments that have historically been underserved or excluded. "The NBFC ecosystem has over 9,000 registered entities, which r ...Read More >
New Delhi, July 9 (SocialNews.XYZ) The retail asset securitisation market in India has shown steady growth in the first quarter (Q1) of FY26, with a total transaction volume of Rs 52,000 crore, a new report said on Wednesday. This includes both pass-through certificate (PTC) issuances and direct assignment (DA) transactions, according to CareEdge Ratings report. The volume represents a 6 per cent growth over the same period previous year. Despite this, the market's stability is a positive sig ...Read More >
New Delhi [India], July 9 (ANI): A sustained revival in vehicle sales is critical for long-term growth in the Non-Banking Financial Companies (NBFC) and insurance sectors, according to a report by Emkay Research. While there is a broad consensus that stress in microfinance institutions (MFIs) and unsecured personal loans (PLs) is largely behind, so a pick-up in vehicle sales is now essential for continued recovery. It stated, 'MFI revival and unsecured PL stress being largely behind is now a c ...Read More >
New Delhi [India], July 9 (ANI): A sustained revival in vehicle sales is critical for long-term growth in the Non-Banking Financial Companies (NBFC) and insurance sectors, according to a report by Emkay Research. While there is a broad consensus that stress in microfinance institutions (MFIs) and unsecured personal loans (PLs) is largely behind, so a pick-up in vehicle sales is now essential for continued recovery. Also Read | PM Modi Conferred With Brazil's Highest Civilian Award: Yogi Aditya ...Read More >
New Delhi [India], July 9 (ANI): A sustained revival in vehicle sales is critical for long-term growth in the Non-Banking Financial Companies (NBFC) and insurance sectors, according to a report by Emkay Research. While there is a broad consensus that stress in microfinance institutions (MFIs) and unsecured personal loans (PLs) is largely behind, so a pick-up in vehicle sales is now essential for continued recovery. It stated, MFI revival and unsecured PL stress being largely behind is now a co ...Read More >
New Delhi: The NBFC and insurance segments are expected to perform better in the second half of FY26, supported by a friendlier regulatory environment and continued growth push from both regulators and the government, according to a report by Emkay Research. The report noted that easing regulations in both the NBFC and insurance sectors, along with growth-focused measures by authorities, are setting the stage for a stronger performance in the second half of the fiscal year. It stated, "Easing ...Read More >
New Delhi [India], July 9 (ANI): The NBFC and insurance segments are expected to perform better in the second half of FY26, supported by a friendlier regulatory environment and continued growth push from both regulators and the government, according to a report by Emkay Research. The report noted that easing regulations in both the NBFC and insurance sectors, along with growth-focused measures by authorities, are setting the stage for a stronger performance in the second half of the fiscal year ...Read More >
Mumbai, July 5 (SocialNews.XYZ) Private lender IndusInd Bank has reported a 3.9 per cent year-on-year (YoY) fall in net advances to Rs 3,34,477 crore for the quarter ended June 30 (Q1 FY26). The figure stood at Rs 3,47,898 crore in the same period previous year (Q1 FY25). On a sequential basis, advances dropped 3.1 per cent from Rs 3,45,019 crore reported in the March quarter (Q4 FY25). The decline was largely driven by weak performance in the bank's corporate banking segment, which fell sharp ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police ...Read More >
Mumbai: Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this year to support the sector. Experts said NBFCs are increasingly turning to bond markets for cheaper and quicker funding, while stress in microfinance and unsecured business loans has made banks cautious. Data from the RBI showed that in May 2025, bank credit to NBFCs fell by 0.3% year-on-year (y-o-y) to ₹15.6 ...Read More >
GUNTUR: Union Minister of State for Rural Development and Communications Pemmasani Chandrasekhar on Friday emphasised the pivotal role of rural transformation in India's progress. Addressing the Regional Rural Workshop in Goa, held under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), he said the event showcased the collaborative spirit required to build a new India. Chandrasekhar noted that PMAY-G, launched in 2016 under Prime Minister Narendra Modi's leadership, embodies the principle of Anty ...Read More >
Mumbai: The Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to address improve its accounting practices, with governor Sanjay Malhotra noting that the bank is doing well overall. The remarks signalled regulatory comfort with the lender's actions so far, pushing its shares up over 5%. The RBI's comments come nearly three months after IndusInd Bank disclosed issues in its derivatives book, which triggered a 27% crash in its shares. Since then, the bank has seen ...Read More >
Mumbai, June 6 (SocialNews.XYZ) Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon. However, the stock later gave up some of its early gains. During mid-day trade, around 1:45 pm, IndusInd Bank shares were seen consolidating and were trading at Rs 827.85, up by Rs 24.65 or 3.07 per cent on the National Stock Exchange (NSE). The bank had been facing scrutiny due to past ac ...Read More >
June 6 (Reuters) - Shares of India's IndusInd Bank (INBK.NS), opens new tab rose as much 5.3% on Friday after a deputy governor at the country's central bank said "things should settle down soon" at the lender, which has grappled with accounting lapses. IndusInd said in March that years of incorrect accounting of internal derivative trades led to a $230 million hit to its accounts for the financial year ended March 31. Separately, an internal audit of its microfinance business found that aroun ...Read More >
New Delhi, May 22 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday. He said that while the Reserve Bank of India (RBI) is looking into the accounting discrepancies, SEBI is also doing its part as per its authority. While addressing the media on the sidelines of Assocham's '1 ...Read More >
Bengaluru, Feb 7 (PTI) Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025 that the Siddaramaiah-led Congress government had proposed to regulate microfinance. According to the Chief Minister's Office (CMO), the governor cited several reasons for his rejection. Gehlot felt that the punishment of 10 years and fine of Rs 5 lakh proposed by the Karnataka government is excessive, said the CMO. He was also of the opinion that the ...Read More >
New Delhi, January 31: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity. The government has prioritised improving the quality of life in rural areas to ensure equitable and inclusive development, according to the Economic Survey 2024-25. The survey highlights ...Read More >
Mumbai, Jan 8 (VOICE) Securitisation volume surged by around 27 per cent year-on-year to Rs 1.78 lakh crore in the first nine months of the current financial year, supported by large issuances from private sector banks, according to a CRISIL report released on Wednesday.Among asset classes, vehicle loans (including commercial vehicles and two-wheelers) accounted for 48 per cent of securitisation volume (vs 40 per cent in the corresponding period in the last financial year). In the third quarter ...Read More >
New Delhi, Dec 3 (PTI) India on Tuesday said that adequate financing holds the key to achieving the objectives of the United Nations Convention to Combat Desertification (UNCCD). During a ministerial dialogue on finance at the 16th UN conference to combat desertification in Riyadh, Saudi Arabia, Union Environment Minister Bhupender Yadav also shared that India has already restored 22.5 million hectares of degraded land against the target of 26 million hectares by 2030. Also Read | CII Partners ...Read More >
Asset quality metrics are weakening in the past few quarters in some segments. This has necessitated a recalibration of growth strategies, especially in unsecured loans and microfinance Unsecured loans given by Non Banking Finance Companies (NBFCs) and credit to microfinance segments, accounting for 23% of the overall NBFC Asset Under Management (AUM) are expected to be impacted the most in the current and next fiscals according to CRISIL Ratings' outlook on the sector. Krishnan Sitaraman, Chie ...Read More >
Until three years ago, being a specialist like a microfinance lender or catering exclusively to affordable housing or consumer loans helped, especially in raking premium valuations. Today, being a jack of all trades is helping lenders position themselves better amidst concerns emerging in various pockets of the financial services sector Doctors and lawyers go through this dilemma a lot - should they be doing everything or should they opt for something more focused. About twenty years ago, a g ...Read More >
Even in FMCG companies that reported a slowdown in Q2, the premium portion of their portfolios grew in double-digits. With the September quarter earnings season all wrapped up, the picture on the cards is clear, there's a broad-based slowdown in urban consumption across product categories. However, in the eye of the storm, the 'Affluent India' theme remains buoyant, seeing no pressure despite waning demand from the urban population, suggested Arnab Mitra, India Consumer Analyst, Goldman Sachs. ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.