Piramal Finance has crossed Rs 1 lakh crore in assets under management. The company plans to acquire a microfinance institution to boost it...

Housing finance companies face a challenging December quarter with slower growth and squeezed margins due to aggressive bank competition. W...

Bajaj Housing Finance reported strong Q2 FY26 performance with disbursals rising 32% YoY to ₹15,900 crore and AUM growing 24% to ₹1.27 lakh...

Cholamandalam Investment reports vehicle finance disbursement grew by 7%. Assets under management increased by 18%. Home loan AUM saw a 33%...

HSBC initiated coverage on Bajaj Housing Finance with a 'reduce' rating, targeting Rs 110, citing earnings slowdown and concerns over high ...

The gross non-performing asset (GNPA) ratio fell to 1.1% in FY23 from 2.1% in the previous year. The return on asset (RoA) was 4.1% in FY23.

India's Non-Banking Financial Companies (NBFCs) are expected to see moderate growth of 16-18% in the current fiscal due to slower expansion...

"We believe that election is a very big event and big festival in one way and a lot of spending happens in the rural side and we have seen ...

Focus shifts from home and vehicle finance, the traditional mainstays, to unsecured and MSME loans in quest for returns. Now, stronger bala...

"There are more tailwinds than headwinds," Crisil senior director Krishnan Sitaraman said. He said that stronger balance sheets with higher...

Housing Development Finance Corp Ltd (HDFC), India's largest private-sector mortgage finance company, said its net profit increased 11% mai...

"This extraordinary feat is a testament to customers' continuous trust in the bank. We feel that combining technology with personalised ser...

The largest mortgage lender in India said its profit figure that came comparatively lower for the third quarter is not comparable due to on...

Total consolidated operating income during the quarter stood at Rs 1643.81 crore, a growth of 14.46 per cent over Rs 1436.19 crore reported...

The rating agency said "assets under management of non-banking financial companies (NBFCs) are expected to de-grow 1-3 per cent in the curr...

“We see a better pickup in the affordable home loan and microfinance businesses.”

"On the NBFC side, the growth is coming from one home loan segment, retail home loan segment, secondly commercial vehicle and third SME loa...