India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
02 Jul, 2026, 09.52 AM IST
Fibe parent files draft papers with Sebi for IPO; aims to garner Rs 750-cr via fresh issueDigital lending platform Fibe's parent company, Social Worth Technologies, is set to launch an Initial Public Offering (IPO). The company a...
30 Jun, 2026, 12.55 PM IST
Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?Jefferies has initiated coverage on Poonawalla Fincorp with a Buy rating and a target price of Rs 490. The brokerage sees strong growth pot...
04 Jun, 2026, 12.12 PM IST
Fee hike to hit banks, NBFCs with high education loan exposureThe move will not only deter fresh applicants from seeking admission to American universities but also affect the employability of students...
22 Sep, 2025, 04.41 PM IST
Poonawalla Fincorp aims AUM growth upwards of 40 pc in FY26Poonawalla Fincorp aims for over 40% AUM growth, fueled by new product lines like gold loans, after a robust 53% growth in Q1FY26. The comp...
27 Jul, 2025, 01.10 PM IST
Fewer student visas for US & Canada prompt NBFCs to change lending gameNBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian visa policies. This shift prompts...
09 Jul, 2025, 02.40 PM IST
Education loan for study abroad: Think of tax advantages, repayment ability and job prospectsCurrently, Indian banks are wary of foreign education loans due to stringent US education policies and global economic factors. However, de...
14 Apr, 2025, 11.46 AM IST
Education loans to remain among fastest-growing segments for NBFCs: CrisilEducation loans for overseas courses are set to grow rapidly for non-banking financial companies (NBFCs) due to increasing demand for highe...
08 Sep, 2024, 12.25 PM IST
NBFC Avanse Financial files draft prospectus for Rs 3,500 crore-IPOThe Rs 3,500 crore Avanse Financial IPO comprises a fresh equity sale of Rs 1,000 crore and an offer for sale (OFS) of up to Rs 2,500 crore...
21 Jun, 2024, 12.30 PM IST
Mubadala, Avendus invest Rs 1000 cr in NBFC AvanseAbu Dhabi's Mubadala Investment Company and Avendus Future Leaders Fund II invest Rs 1,100 crore in Avanse Financial Services, an education...
26 Mar, 2024, 01.31 PM IST
Mubadala leads Rs 1100 crore funding round in AvanseAvanse is the second largest domestic private sector NBFC in the education loan segment with assets under management (AUM) of Rs 8,646 cror...
22 Feb, 2024, 11.15 PM IST
Auxilo Finserve raises Rs 470 crore from investorsThe company's chief executive Neeraj Saxena said the fresh funds will be used by the company to expand its loan book. Bhanshali and Balramp...
25 Jul, 2023, 01.24 PM IST
Byju's crisis plays up digital lenders’ asset quality problemA few months back the Reserve Bank of India had asked NBFCs about their exposure to the edtech sector, fearing that trouble may be brewing ...
26 Jun, 2023, 07.44 AM IST
HDFC net profit rises 20% in March quarterThe March quarter marked perhaps the last full financial year of standalone existence for India's home-financing pioneer, which is being me...
05 May, 2023, 06.51 AM IST
Tech layoffs didn't impact education loan repayments in FY23: CrisilThe non-performing assets (NPAs) of the NBFCs in education loans -- over 90 per cent of which are foreign students -- have remained below 0...
20 Apr, 2023, 06.46 PM IST
Avanse disburses highest ever loan of Rs 2,927 cr in FY22The new age technology driven non-banking financial company (NBFC) had assets under management (AUM) of Rs 4,836 crore at the end of FY22. ...
11 May, 2022, 04.39 PM IST
Lending opportunities to overseas students intact, says AvanseAbout 1.6% of its total loans are non-performing while gross NPA was 0.44% when it comes to educational loans, the company said. “The compa...
19 May, 2021, 08.44 PM IST