NBFC

Bharti Airtel is planning a capital infusion of around Rs. 20,000 crore into its proposed non-banking financial company (NBFC), underscoring a strategic expansion beyond telecom into financial services. The move reflects Airtel’s intent to leverage its vast digital ecosystem, customer reach, and data capabilities to build a scalable lending and financial solutions platform.

The approval of the Hinduja Leyland Finance merger marks a significant step in the consolidation of India’s non-banking financial sector. The move is designed to streamline operations, strengthen capital efficiency, and align lending activities more closely with the evolving needs of the commercial vehicle and retail finance markets. Backed by a strong industrial parentage, the merger is expected to enhance balance-sheet resilience, improve governance structures, and unlock operational synergies.

Northern Arc Capital reported a robust 33% jump in its Q3 net profit, reflecting the company’s resilient credit portfolio and strategic growth initiatives. The non-banking financial company (NBFC) benefited from an uptick in lending activity, efficient risk management, and diversified revenue streams. Analysts note that the firm’s focus on rural and semi-urban credit markets, combined with disciplined underwriting practices, has bolstered profitability despite macroeconomic headwinds.

CredFlow, a fast-growing fintech platform focused on cash-flow management for small and medium enterprises (SMEs), has received its Non-Banking Financial Company (NBFC) licence from the Reserve Bank of India. The regulatory approval positions the startup to expand its suite of financial solutions, particularly in credit access and working-capital support for India’s business community. With the licence, CredFlow can now extend credit directly, instead of relying on third-party lenders — a move expected to accelerate its growth and strengthen financial inclusion for underserved enterprises.

India’s non-banking financial companies (NBFCs) are urging the government to introduce a specialized refinance mechanism in the Union Budget 2026–27, citing rising credit demand and tightening liquidity conditions. Industry leaders argue that a dedicated refinance window—similar to those offered to microfinance institutions, housing finance entities, and banks—would provide more stable funding and reduce borrowing costs for millions of small borrowers.

Moneyboxx Finance Ltd, a non-banking financial company (NBFC) specialising in funding micro and small enterprises, has announced its ambition to achieve an asset under management (AUM) milestone of Rs 1,000 crore by FY26. The company’s strategy rests on expanding its secured lending portfolio, improving credit quality, and widening its geographic footprint. As of September 2025, Moneyboxx’s AUM stood at Rs 892 crore, with secured loans making up over 55% of the portfolio.

Digamber Finance, a prominent non-banking financial company (NBFC), has diversified its lending portfolio by entering the small business loan segment. The move marks a strategic expansion aimed at strengthening its presence in India’s fast-growing micro, small and medium enterprises (MSME) ecosystem. With MSMEs accounting for a significant share of the nation’s GDP and employment, the new loan vertical is expected to enhance credit access for entrepreneurs who often remain underserved by traditional banking channels.

Power Finance Corporation (PFC), the state-run non-banking financial company and the largest lender to India’s power sector, has signed a performance agreement with the Ministry of Power for the current fiscal year. The pact outlines specific operational and financial targets aimed at strengthening accountability, improving efficiency, and supporting the government’s energy transition goals. By aligning corporate objectives with national priorities, PFC is expected to play a pivotal role in financing power sector reforms, renewable energy projects, and infrastructure modernization.

Aditya Birla Capital Ltd. (ABCL) reported a 10% year-on-year increase in consolidated net profit for the first quarter of FY26, reaching Rs. 665 crore. This growth was supported by a robust performance across its diversified financial services portfolio, particularly in lending and insurance segments. Total revenue for the quarter rose to Rs. 9,396 crore, up from Rs. 8,040 crore in the year-ago period. With improved asset quality, steady margin performance, and continued digital integration, the company signaled strong business momentum, despite macroeconomic headwinds.

Laxmi India Finance, a Rajasthan-based non-banking financial company (NBFC), has secured Rs. 75 crore from anchor investors ahead of its much-anticipated initial public offering (IPO). This strategic pre-IPO allotment signals robust institutional interest and strengthens the company’s positioning ahead of its public issue. The infusion of capital is expected to reinforce the company’s financial base, fuel growth in its rural and semi-urban lending operations, and support its plans for technological upgrades and branch expansion.