Anshika Kayastha

Mumbai, Nov. 5 -- The September quarter results for non-banking financial companies (NBFCs) were mixed, as most lenders felt the ripple effects of

NPCI Bharat Connect is building an interoperable B2B payments platform to streamline operations and enable credit access for India's 6.3 crore MSMEs

Loans against gold jewellery grew at a staggering 51% in September, as against 15% in March, showed data from August. In contrast, personal loans grew at 11.4% in September, the slowest in almost four years as banks went slow after RBI raised risk weights on unsecured loans.

Festive season spending patterns show that semi-urban and rural consumption demand is reviving

Price stability is important also because high inflation tends to be disproportionately burdensome on the poor, according to RBI governor Shaktikanta Das.

The lender expects its recently carved out mid-market corporate segment will grow faster than its large-corporate segment.

Concerns over high-yield products and exploitation of regulatory gaps by these platforms led to Sebi scrutiny, say experts.

The move comes as the domestic currency battles devaluation pressures against the US dollar.

The government is devising a restructuring plan as MTNL reported a consolidated net loss of ₹ 890 crore in Q2FY25, prompting concerns about its financial future and lenders' strategies.

India's non-bank financiers have heeded calls from the Reserve Bank of India to diversify their borrowing profile and are now gradually moving