NBFCs Seek Five-Year Glide Path as IRDAI Weighs Insurance Commission Caps
NBFC body FIDC has asked IRDAI for a five-year transition to cut credit-linked insurance commissions from 45-49% to 25%, saying…
NBFC body FIDC has asked IRDAI for a five-year transition to cut credit-linked insurance commissions from 45-49% to 25%, saying…
Mumbai, October 5, 2026: Non-Banking Financial Companies (NBFCs) have emerged as a major gateway to formal credit in India, accounting…
Over the past five years, artificial intelligence (AI) has evolved from a niche innovation to a strategic imperative for India’s…
In FY25, fintech NBFCs sanctioned a record 10.9 crore personal loans worth ₹1,06,548 crore; while accounting for just 12% of…
The most important feedback we received about our digital transformation did not come from a dashboard or an NPS score.…
Amazon Pay has entered the fixed deposit space, marking a significant expansion of its financial services offerings. Through this move,…
The NBFC sector is playing a pivotal role in India’s journey towards Viksit Bharat 2047 by deepening financial inclusion, empowering…
India has made notable progress in its journey towards financial inclusion, yet a significant gap remains. According to the RBI…
The Reserve Bank of India (RBI) has officially recognised the Finance Industry Development Council (FIDC) as the Self-Regulatory Organisation (SRO)…
Multiple challenges confront financial institutions in India when managing defaults on retail loans and recovering debt. Traditional litigation processes are…