SBFC Finance expects its assets under management (AUM) to grow 5–7% every quarter, even as early delinquencies show a marginal uptick and credit costs are revised slightly upward. The company said its broad-based distribution network and improved underwriting quality support this growth outlook. “We’ve been guiding for 5 to 7% for more than nine quarters.
Shriram Finance is sticking to its loan growth target of 15% for the year ending March 2026, buoyed by strong rural and semi-urban demand. The company is also confident that improving credit quality and easing cost of funds will support margins going forward. “Overall, the rural and semi-urban markets are really doing good, and that’s
While India’s macroeconomic health is in a “relative goldilocks situation”, the prevailing global uncertainty means these may be “nervous but exciting times” for the economy, the Ministry of Finance said on Friday. “The brief Israel-Iran war, followed by the US intervention, pushed the price of crude oil sharply higher. Its persistence would have threatened India’s
RBI’s updated gold loan regulations are set to transform lending practices, with S&P Global Ratings noting that agile lenders stand to benefit. Key changes include stricter LTV calculations and mandatory cash flow-based appraisals, posing operational and compliance challenges for NBFCs Published Date – 19 June 2025, 07:12 PM New Delhi: The RBI’s
India’s foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, it said Published Date – 27 May 2025, 03:27 PM New Delhi: Fitch Ratings on Tuesday said Sumitomo Mitsui