India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
27 Apr, 2026, 04.12 PM IST
Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
27 Apr, 2026, 02.29 PM IST
Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
27 Apr, 2026, 11.58 AM IST
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
25 Apr, 2026, 11.55 AM IST
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
24 Apr, 2026, 07.38 AM IST
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
12 Apr, 2026, 07.24 PM IST
Uni Cards reports rise in FY23 revenue to Rs 34 crore, loss up 13%Uniorbit Technologies, which was impacted by the Reserve Bank of India's order to stop linking credit lines to prepaid cards in June 2022, ...
05 Jan, 2024, 11.37 AM IST
Half of NBFCs which qualify for bank licence are corporate-ownedThe Reserve Bank's internal working group in its report had said that well-run NBFCs, with an asset size of above Rs 50,000 crore, includin...
24 Nov, 2020, 12.28 PM IST
Nirmal Jain on how IIFL’s NBFC biz cracked the profit codeOur gross non-performing assets have been less than 2% in this entire period, says Jain.
15 May, 2019, 02.21 PM IST
Betting on a bank licence may backfire in NBFC spaceNBFC stocks are in focus as some investors are showing interest in them in the hope that they would get a banking licence soon.
07 Mar, 2014, 04.29 AM IST
High cost of getting bank licence will be a challenge for NBFCs: Nirmal Jain, India Infoline'They (the RBI guidelines) have been very well thought. RBI’s explanations were very detailed and clear, leaving nothing to chance.'
02 Jul, 2013, 01.03 PM IST
Mahindra Finance not to apply for a banking licenceMahindra Finance on Monday decided not to apply for a banking licence, citing Reserve Bank of India regulations
25 Jun, 2013, 04.20 AM IST
- Mahindra Finance says not applying for bank licence
Mahindras said they will not be applying for a bank licence citing "disadvantageous" and unclear norms.
24 Jun, 2013, 05.42 PM IST
M&M Financial Services tanks as co not to apply for banking licenseAccording to the company, the current set of guidelines has an adverse economic and operational impact on the business of larger NBFCs.
24 Jun, 2013, 02.41 PM IST
Brokerages see IDFC as front-runner for banking licenceShares of IDFC gained momentum in trade on Tuesday as sentiment turned bullish on expectations that it may get a banking licence.
04 Jun, 2013, 04.48 PM IST
New licences will not impact margins of banks: Hemindra Hazari, Nirmal Bang Institutional Equities"If a very few bank licences are given out, which is the expectation, I really do not see the margins of banks coming down," says Hemindra ...
25 Feb, 2013, 02.34 PM IST
Competition will intensify on new bank licence norms: Ajay Srinivasan, Aditya Birla Group"If the NBFC has a plan that is aligned with the bank, I see them accelerating that if they have an intent to get into banking," says Ajay ...
25 Feb, 2013, 02.33 PM IST