Gold loans appear to have emerged as the best bet for microfinance companies planning to increase the share of secured portfolio, although the regulator has tightened rules for lenders to the yellow metal. Companies like Arohan Financial Services and Uttrayan Financial Services are among the notable ones which have taken definite steps to explore this
Chennai-based BFSI player Shriram Finance expects much better growth in the second half of the financial year ending in March 2026. Over the next six months, the RBI’s rate reduction is expected to reflect in NBFCs. According to Umesh Revankar, Executive Vice Chairman of Shriram Finance, typically NBFCs have around 20–30% of their borrowings from
Based on feedback from the industry and the government’s department of financial services, the final norms are easier than the previously proposed draft norms. They include a higher loan-to-value (LTV) ratio for small-ticket loans and don’t require credit appraisal for such loans. The deadline to implement these guidelines has also been extended to April 2026.