Explore the latest news, in-depth reports, and executive analysis tagged with #Fintech Nbfcs.
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
A majority of the affected entities were registered in West Bengal and Delhi.
The average sanctioned ticket size during the April-December period was Rs 15,493.
The startup will use the funds for developing a tech-based lending platform and expanding their customer base in India.
The listing of Aye Finance will go ahead because the public issue has met the minimum subscription limit of 90%.
The RBI has also proposed to let certain NBFCs open more than 1,000 branches without seeking the central bank's permission.
However, female participation in the digital personal loan market is rising at a snail's pace as it grew from just 16.7% of the total sanction value in H1 FY25 to 17.2% in H1 FY26.
Of the total, only 12% or Rs 1,06,548 crore of the overall value of personal loans accounted for fintech NBFCs in FY25.
