Navi Finserv, the lending arm of Navi Technologies founded by Sachin Bansal, has reported a strong financial performance for the third quarter, posting a 14% year-on-year increase in revenue and a 22% rise in net profit to ₹76 crore.
The growth reflects the company’s continued expansion in digital lending and financial services, driven by increasing demand for quick, app-based credit solutions across India. Navi Finserv has been focusing on scaling its unsecured personal loan offerings and improving operational efficiency through technology-led underwriting and digital onboarding processes.
The fintech firm has been steadily strengthening its lending portfolio while maintaining disciplined risk management practices. Its digital-first model enables faster loan disbursals and broader access to credit, particularly among customers in Tier II and Tier III cities who may have limited access to traditional banking channels.
Founded as part of the broader Navi ecosystem, Navi Finserv operates as a non-banking financial company (NBFC) and plays a key role in the group’s strategy to build a diversified digital financial services platform. The company provides a range of lending products through its mobile application, leveraging data-driven credit assessment to serve salaried individuals and new-to-credit borrowers.
Industry observers note that the latest quarterly results highlight the growing traction of digital lending platforms in India, where fintech players are leveraging technology to streamline credit access and improve customer experience.
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With rising adoption of digital financial services and increasing smartphone penetration across the country, Navi Finserv is expected to continue expanding its loan book and strengthening its presence in the competitive fintech lending landscape.
