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FM: NBFCs Should Double Loan Book

Financial Express Lucknow

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July 10, 2025

NON-BANKING FINANCIAL COMPANIES (NBFCs) should aim to more than double their loan portfolio to reach at least 50% of the credit disbursed by scheduled commercial banks, finance minister Nirmala Sitharaman said on Wednesday.

- FE BUREAU

She said NBFCs should pass on to consumers the low costs of funds due to recent regulatory measures. Addressing an NBFC conclave here, she said the recent regulatory measures such as the restoration of risk weights on bank lending and the easing of financial conditions are expected to further improve credit prospects, strengthening the overall funding environment for the sector.

FLERE HISTORIER FRA Financial Express Lucknow

Financial Express Lucknow

TN stampede: CBI quizzes TVK chief Vijay for 6 hours

ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY

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1 mins

January 13, 2026

Financial Express Lucknow

Gold and silver storm to records

GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.

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1 min

January 13, 2026

Financial Express Lucknow

UK investigates X over Grok deepfake concerns

UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.

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1 min

January 13, 2026

Financial Express Lucknow

Germany pledges €1.24-bn boost for green partnership

INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.

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1 min

January 13, 2026

Financial Express Lucknow

Balance sheets don't fully reflect bank risks: Deputy guv

BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.

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1 min

January 13, 2026

Financial Express Lucknow

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

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1 min

January 13, 2026

Financial Express Lucknow

Retail inflation rises to 1.33% in December

INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.

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1 min

January 13, 2026

Financial Express Lucknow

Anup Saha joins Kotak Bank as whole time director

KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.

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1 min

January 13, 2026

Financial Express Lucknow

BSE, IFCI stocks surge on NSE IPO expectations

STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.

time to read

1 mins

January 13, 2026

Financial Express Lucknow

Battery plant plans back on track: RIL

RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.

time to read

1 min

January 13, 2026

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