NBFC News

Aditya Birla Capital Reports a 2.6% Increase in Net Profit to Rs 675 Crore Amidst Robust Lending Growth

Aditya Birla Capital reported a 2.6% rise in standalone net profit to Rs 675.7 crore for the June quarter, with a 30% expansion in its lending portfolio. The company's digital plat...

Viceroy Research Exposes Vedanta's Semiconductor Unit as a Potential Sham Operation

Viceroy Research accuses Vedanta's semiconductor unit of being a sham operation to avoid NBFC classification, with Vedanta denying the allegations as baseless and affirming its com...

Bain Capital Invests Rs 4.4k Crore for 18% Stake in India's Manappuram Finance

Bain Capital invests Rs 4.4k crore for an 18% stake in Manappuram Finance, India's second-largest gold loan company, signaling a major move in the NBFC sector and promising to enha...

Securitisation Surge: An 80% Jump to Rs 2.4 Lakh Crore Deals Anticipated in FY25

Securitisation volumes have surged by 80% in the December quarter, with ICRA revising its total volume estimates for FY25 to Rs 2.4 lakh crore. Private banks and the NBFC sector's ...