Beyond the financial impact, the emotional toll of persistent debt is very high and it erodes peace of mind and shifts people ...

In a structural shift in the funding mix of India’s Non-Banking Financial Companies (NBFCs), the borrowings of this segment is expected to rise at a 13% CAGR, reaching $750 billion by FY27, according ...

The increase in non-banking finance companies’ (NBFCs) share in overall credit along with inter-connectedness with banks and financial markets have implications for monetary policy transmission, ...

India’s financial system is undergoing a quiet yet significant transformation. While banks continue to anchor credit delivery, recent years have seen a marked shift towards non-bank financial channels ...