The Reserve Bank of India has proposed new directions that could limit the availability of revolving credit facilities for NBFCs. This change might notably affect flexi and overdraft loan offerings, leading to potential adjustments in products to comply with regulations.…
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Fibe’s assets under management surged 63.31 percent to Rs 8,603 crore by March 2026. Personal loans formed seventy-seven percent of this total AUM. The digital lending platform experienced robust growth over the last three years. Fibe’s parent firm filed draft…
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Gurugram (Haryana) [India], The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the unaudited financial results for quarter ended June 30, 2026.
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As AI becomes central to enterprise growth, CFOs are emerging as key drivers of responsible adoption and value creation. Jignesh Kenia, Managing Director, Protiviti Member Firm for India, explains why finance leaders must rethink AI governance, investment strategies, and performance…
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India anticipates surpassing its asset monetisation goal this fiscal year. This comes as the nation faces increased import costs and subsidies. The sale of Life Insurance Corporation shares contributed significantly to raised funds. Higher dividends from the Reserve Bank of…
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Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential…
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