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Upswing likely for NBFCs on GST, festive bonanza

Financial Express Pune

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January 07, 2026

NON-BANKING FINANCE companies (NBFCs) are expected to report a healthy growth for the quarter ended December (Q3 FY26), riding on the GST reforms and an uptick in festive demand.

- FE BUREAU

"Improving disbursement traction, supported by strong festive demand, GST rate moderation across key products, rural recovery, and sustained mortgage demand, is likely to drive a sequential acceleration in growth," Emkay Global said in its pre-earnings report.

For its NBFC universe, Motilal Oswal expects loan growth of 15% year-on-year and a nearly 3% sequential rise. The brokerage sees NBFCs in vehicle & gold financing and unsecured lending doing well.

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India falls to No 3 in Russian oil imports in December

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An extraordinary failure of tax governance

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Vegetable oil imports up 8%

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In Haryana, songs extolling ‘gun culture’ face the music

SIXTY-SEVEN SONGS PROMOTING “gang lifestyle” and glorifying weapons and violence have been removed from digital platforms, the Haryana Police said in a statement on Tuesday.

time to read

1 min

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