Credit & Lending

NBFCs, loans, credit risk and asset quality, explained plainly.

AU Small Finance Bank probes a vehicle-loan data leak claim AU Small Finance Bank is investigating a possible leak from a Salesforce-hosted platform after a hacker group's claim. Its own systems are unaffected.
Shriram Finance profit jumps 59% but credit costs stay high Shriram Finance's Q2 FY27 profit rose 59% to Rs 3,677 crore, but gross NPAs stayed 4.65% and the shares fell as brokerages flagged asset quality.
Kissht Q2 profit doubles to Rs 125 crore on 45% revenue growth Digital lender Kissht posted Rs 125 crore profit and Rs 732 crore operating revenue for July-September 2026; loan-loss provisions rose only 9%.
Bank credit grows 19.1% in September as loan rates ease RBI data released 30 October shows non-food bank credit up 19.1% year on year in September 2026, while fresh-loan rates fell to 8.51%.
AI-led attacks reportedly drain Rs 300 crore from NBFCs CERT-In has warned lenders about AI-aided theft through loan disbursal APIs. Reports of Rs 300 crore in losses are unconfirmed by regulators.
Bandhan and IDFC First profits jump as microfinance stress fades Bandhan Bank's Q2 FY27 profit rose over fivefold and IDFC First's nearly tripled, as bad loans fell. What the numbers say about the microfinance clean-up.
Chola Q2 profit rises 41% to Rs 1,630 crore; QIP approved Cholamandalam's July-September profit rose 41% to Rs 1,630 crore as loans grew 25%, and its board cleared a Rs 5,000 crore share sale to institutions.
PNB Housing Q2 profit up 6%; disbursements jump 60% PNB Housing Finance's profit rose 6% to Rs 617 crore in Q2 FY27, with loan disbursements up 60%, bad loans at 0.91% and a CRISIL AAA upgrade.
MFIN PAN and CKYC Guidelines: How Microfinance Lenders Plan to Spot Over-Borrowing MFIN will issue PAN and CKYC guidelines for microfinance lenders within 10-15 days. See why borrower identity matters for credit risk.
NBFC Bank Borrowings Are Rising Again: What the RBI's October Bulletin Tells Lenders NBFC bank borrowings are creeping up as credit grows fast. Here is what the RBI's October 2026 bulletin says and why lenders should care.
NBFC Funding Divide: Why Fitch Sees a "K-Shaped" Market for Large and Small Lenders Fitch says large NBFCs are stronger than in 2019 but funding is K-shaped. Here is why smaller NBFCs pay more and what risk teams should watch.
NBFC Bank Borrowings Rise: What RBI's October Bulletin Says About Funding Risk RBI's October Bulletin shows NBFC bank borrowings rising as loans grew 24%. Here is what it means for funding, gold loans and systemic risk.
RBI Natural Calamity Relief Return: 30 October Deadline for Banks and NBFCs RBI's new half-yearly return on natural calamity relief is due 30 Oct 2026 via CIMS. Who must file, what changed and a quick compliance checklist.
RBI Repo Rate Hike to 5.5%: What It Means for NBFCs and Borrowers RBI repo rate hike to 5.5% and a calibrated tightening stance: why it was done, what the MPC minutes say, and what it means for NBFCs and loans.
NBFC Upper Layer Listing: Why RBI Is Standing Firm on Large NBFCs and CICs RBI's Governor defended mandatory listing for NBFC upper layer firms and large CICs. Here is what the rule means and why Tata Sons is in the frame.
NBFC Credit Growth Hits 15.8% as Gold Loans Surge 69%: A Credit-Risk View NBFC credit growth reached 15.8% in August 2026 as gold loans jumped 69%. What the RBI data and a CIBIL report say, and the risks to watch.
RBI's First Rate Hike Since 2023: What Higher Funding Costs Mean for NBFCs RBI raised the repo rate to 5.50% and turned to "calibrated tightening." How that squeezes NBFC margins, and why asset quality is the next test.
Gold Loans Are Booming, but Q2 Results Show Early Stress at Shriram and Bajaj Finance Shriram Finance and Bajaj Finance flagged rising gold loan stress in Q2 FY27 even as profits jumped. Here is what the numbers say and what to watch.
RBI's Draft Ban on NBFC Revolving Credit: Why Flexi Loans and Bajaj Finance Are in the Spotlight A draft RBI rule would limit NBFCs to term loans and end flexi-credit lines. What it proposes, who is exposed, and what is still undecided.
Why the RBI Governor Is Defending Mandatory Listing for Big NBFCs, and What It Means for Tata Sons RBI Governor Malhotra defended listing rules for large NBFCs and CICs amid the Tata Sons row. What the rule means and what remains unresolved.