NBFCs key to Viksit Bharat, must ensure transparent, fair lending: FM

NBFCs key to Viksit Bharat, must ensure transparent, fair lending: FM

Nirmala Sitharaman said interest rates must remain reasonable, rate cuts by the central bank should be passed on to borrowers, and all charges must be clearly disclosed, free from hidden fees or complex terms.

Rising Delinquencies In MSME Loans Spark Concerns For NBFCs

India's micro, small, and medium enterprises sector is showing cracks in credit health as signs of overleveraging have started emerging. This is particularly visible in low-ticket size loans dominated by non-bank financial companies, five people told NDTV Profit.Recent data from the May and June editions of the MSME Pulse report by TransUnion CIBIL and SIDBI has painted a worrying picture of early delinquencies in MSME loans.While overall commer…

Collaboration between NBFCs and banks needs to be institutionalised: FM Sitharaman - tennews.in: National News Portal

New Delhi, July 9 (IANS) 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 […] The post Collaboration between NBFCs and banks needs to be institutionalised: FM Sitharaman appeared first on ten…