
PFRDA's ₹100 Lakh Crore NPS Target: UPI and Banks to Drive Growth
The pension regulator plans to leverage India's banking and digital payments infrastructure to accelerate National Pension System enrolments. With a ₹250 entry point via Tatkal NPS, the ₹100 lakh crore asset target reshapes retirement savings

SEBI Inks BHASHINI AI Deal to Localize Capital Market Services
SEBI signed an MoU with Digital India BHASHINI to integrate AI translation into its services. The deal trains language models on stock market terms, helping millions of retail investors access financial data in their native regional languages

SBI Q2 Results: ₹7,288Cr Stake Sale Masks Core Profit Drop
State Bank of India reported a 14.28% rise in Q2 net profit to ₹23,038 crore. However, a massive ₹7,288 crore stake sale in SBI Funds Management masked a slight drop in core operating profits, even as asset quality hit a two-decade high

TVS Holdings Injects ₹484 Cr in Home Credit for Mega-NBFC Merger
TVS Holdings invested ₹483.91 crore into Home Credit India Finance through a fresh equity allotment. The move strengthens the NBFC's capital buffer as its loan book reaches ₹6,456 crore ahead of a massive group-wide financial restructuring.

Spandana Sphoorty Cyber Fraud: ₹7.80 Cr Siphoned in Major NBFC Breach
Microfinance lender Spandana Sphoorty disclosed a ₹7.80 crore cyber fraud where unauthorized transfers hit 82 bank accounts. We analyze the November 1 breach, recovery efforts, potential Q3 provisioning impacts, and CERT-In's NBFC warning.

8 Numbers Showing Where Indian Banks (RBI) Deployed ₹229.95 Lakh Crore
Discover the 8 key numbers from the RBI’s September 2026 sectoral credit data. Bank lending reached ₹229.95 lakh crore, driven by a 41.8% surge in NBFC credit. Explore what this means for systemic risk, infrastructure, and retail stress.

Vivek Kannan Takes Charge as Hinduja Housing Finance CEO; ₹15,937 Crore AUM Sets the Stage for His Next Leadership Chapter
Former Chief Operating Officer Vivek Kannan steps into the CEO position as Hinduja Housing Finance navigates expanding mortgage demand, changing lending dynamics and the need to balance portfolio growth with financial discipline.

Hamsaz Vasunia Wadhwani Joins Vastu Housing Finance as CHRO as Lender Expands Across India
With more than 25 years of experience, including a decade leading HR at DCB Bank, Wadhwani returns to an in-house leadership role at a housing finance company operating 246 branches across 17 states.

Conrad D’Souza Joins Capital SFB Board as Bank Sharpens Governance for Next Growth Phase
Former HDFC veteran’s appointment brings treasury, capital markets and institution-building experience to Capital Small Finance Bank as it expands its lending footprint beyond its traditional markets.

Did RBI Shut Down 13 NBFCs for Fraud? The Facts Tell a Different Story
Panic spread as reports claimed the RBI shut down 13 NBFCs. We audited the September 17 Section 45-IA(6) orders to reveal why most surrenders were routine business exits, not fraud shutdowns.

Bakthavatsalu Kannan Named CDO at Repco Home Finance Amid ₹5,000 Crore FY27 Disbursement Target
The leadership change comes as Repco Home Finance focuses on higher disbursements, branch expansion beyond Tamil Nadu and improvement in asset quality during FY27.

Aryaman Financial Services Appoints Anjali Gorsia as Company Secretary
Aryaman Financial Services Limited has appointed Anjali Gorsia as its new Company Secretary. The move strengthens the firm's compliance framework across its merchant banking and NBFC lending operations.

RBI Warns NBFCs: Don’t Sacrifice Asset Quality for Rapid Growth
The Reserve Bank of India urges non-banking financial companies to heavily prioritize NBFC asset quality and rigorous underwriting over unchecked credit growth. Lenders must leverage AI and machine learning to manage rising systemic risks.

Anuj Jain Joins Aye Finance as Chief Compliance Officer; Why This Matters for NBFCs?
Aye Finance has appointed Anuj Jain as Chief Compliance Officer and Company Secretary. Here’s his career journey, Religare experience and why the appointment matters for the growing NBFC.

RBI Rules Out NBFCs New Rules; What It Means for You?
From July 1, 2026, RBI's new IRACP rules change how NBFCs classify and provision for stressed loans offering relief to genuine borrowers while curbing repeated loan "evergreening" practices.

RBI’s New NBFC Rules 2026: Type I, Type II and Unregistered NBFC Explained
The Reserve Bank of India has introduced a major change in India’s NBFC regulatory framework from July 1, 2026. Under the RBI Amendment Directions notified on April 29, 2026, non-banking financial companies will now be classified as Type I NBFCs