Latest news with #NBFCs
Business Standard
10 hours ago
- Automotive
- Business Standard
FINQY® Rolls Out Digital Car Par Loan - Get Up to 200% of Your Car's Value
KERTUS Mumbai (Maharashtra) [India], July 23: In a time when people need quick, simple, and reliable ways to access money, FINQY®, one of India's fastest-growing fintech platforms, has brings an offering that could change the way Indians borrow -- introducing Car Par Loan. This innovative product lets you unlock up to 200% of your car's current value -- without having to sell it. It's quick, it's digital, and it's built for working professionals, small business owners, and everyday consumers looking for smarter liquidity solutions. A Smarter Way to Borrow -- Without the Usual Hassle Car Par Loan stands out because it makes the borrowing process easier and more transparent: * High Loan Value: Banks & NBFCs offer up to 200% of your car's market value -- based on their eligibility criteria. * Instant Car & Loan Value: See real-time market value of your current vehicle and the loan amount you're eligible for, instantly. * 100% Digital, Instant Soft Approval: No paperwork, no branch visits. Apply, upload documents, and get your loan eligibility check or a soft approval, instantly. * Flexible Use: Whether it's a family emergency, business need, or education expense -- use the funds any way you like. * Safe & Transparent: No hidden charges. Clear repayment terms with reputed lenders. 100% ownership of your car stays with you. Putting the Customer in the Driver's Seat "Car Par Loan is more than just a product -- it's about giving people control over their finances without the stress or confusion," said Manish Aggarwal, Founder & CEO of FINQY®. "We've made borrowing simple, fast, and friendly -- everything traditional business finance isn't." Designed for Today's India * Loan Tenure: Up to 84 months * Eligibility: Salaried, self-employed, and business owners * Available Across India via FINQY's growing Auto Loan partner network About FINQY® Founded in 2019, FINQY® is on a mission to make financial products simpler, smarter, and more accessible. The platform acts as a conduit between customer's and a wide range of personal finance options -- including loans, credit cards, and insurance -- all in one place. With 45+ offices across 30 cities and a team of 400+, FINQY represents over 100+ top financial institutions, helping lakhs of Indians find the right financial product, at the right time. For more information visit:
Economic Times
2 days ago
- Business
- Economic Times
NBFCs lead India's corporate bond market as private placements dominate: Jiraaf Bond Analyser
India's corporate bond market is experiencing significant growth, largely fueled by NBFCs due to their reliance on capital markets for funding. Banks, however, have become more cautious with bond issuances amid rising interest rates, favoring deposit mobilization. Private placements dominate debt issuance, offering efficiency, while regulators aim to boost public debt offerings for broader investor participation. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India's corporate bond market continues to witness robust growth, driven largely by the financial sector, with Non-Banking Financial Companies (NBFCs) leading the to data from the Jiraaf Bond Analyser platform, the financial sector accounts for the largest share of borrowings through capital markets, underlining its reliance on access to capital for onward both banks and NBFCs, diversifying funding sources is increasingly seen as a strategic tool to mitigate business have emerged as the dominant issuers of Non-PSU bonds, especially since 2019, posting a compound annual growth rate (CAGR) of 25% in bond issuances during this banks, NBFCs typically lack access to low-cost retail deposits and, therefore, depend heavily on capital markets to meet their funding post-Covid period further accelerated this trend, as NBFCs capitalised on the low-interest-rate environment to ramp up their borrowings through bond contrast, banks have shown more conservative borrowing patterns in recent years. Post-2022, bond issuances by banks through capital markets saw a notable decline, as the Reserve Bank of India (RBI) hiked repo rates by 250 basis points between May 2022 and February shift in the interest rate environment prompted banks to adopt a cautious approach, focusing more on deposit mobilisation rather than relying on capital market key insight from Jiraaf's data is the overwhelming dominance of the private placement route in India's listed bond 95% of listed bond issuances are executed via private placements, where debt securities are offered directly to a select group of institutional or high-net-worth route offers issuers faster execution, reduced regulatory burden, and lower disclosure requirements compared to public comparison, a public offer functions similarly to an IPO, inviting broader investor participation with higher compliance and disclosure norms mandated by SEBI. However, growth in public debt offerings remains muted, partly due to the procedural complexity and stringent regulatory this, SEBI has initiated steps to ease compliance and disclosure norms for public debt offers, aiming to promote broader participation in the corporate bond corporate bond market is poised for further evolution as regulators push for greater transparency and wider investor NBFCs are expected to remain the primary issuers, banks may gradually return to the market if interest rates the continued preference for private placements reflects both issuer convenience and investor demand for bespoke debt the government and regulators working to deepen and diversify India's debt market, platforms like Jiraaf are helping retail and institutional investors navigate opportunities in corporate bonds, facilitating wider adoption beyond traditional fixed deposits and mutual funds.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
2 days ago
- Business
- Time of India
NBFCs lead India's corporate bond market as private placements dominate: Jiraaf Bond Analyser
India's corporate bond market continues to witness robust growth, driven largely by the financial sector, with Non-Banking Financial Companies (NBFCs) leading the charge. According to data from the Jiraaf Bond Analyser platform, the financial sector accounts for the largest share of borrowings through capital markets, underlining its reliance on access to capital for onward lending. Explore courses from Top Institutes in Select a Course Category MCA Project Management Operations Management Artificial Intelligence Product Management Data Science Public Policy others MBA Technology Cybersecurity Degree Management CXO Digital Marketing Finance Data Science Design Thinking Others Leadership Skills you'll gain: Programming Proficiency Data Handling & Analysis Cybersecurity Awareness & Skills Artificial Intelligence & Machine Learning Duration: 24 Months Vellore Institute of Technology VIT Master of Computer Applications Starts on Aug 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo For both banks and NBFCs, diversifying funding sources is increasingly seen as a strategic tool to mitigate business risks. Bonds Corner Powered By NBFCs lead India's corporate bond market as private placements dominate: Jiraaf Bond Analyser India's corporate bond market is experiencing significant growth, largely fueled by NBFCs due to their reliance on capital markets for funding. Banks, however, have become more cautious with bond issuances amid rising interest rates, favoring deposit mobilization. Private placements dominate debt issuance, offering efficiency, while regulators aim to boost public debt offerings for broader investor participation. Japan bonds fall on coalition's poll defeat as market reopens after holiday RBI accepts Rs 17,274 crore in bond switch auction, aims to manage fiscal pressure India's investment trusts to expand debt fundraising as yields drop, analysts say Corporate bonds in India: From institutional stronghold to broader participation Browse all Bonds News with NBFCs Driving Non-PSU Bond Issuance NBFCs have emerged as the dominant issuers of Non-PSU bonds, especially since 2019, posting a compound annual growth rate (CAGR) of 25% in bond issuances during this period. Live Events Unlike banks, NBFCs typically lack access to low-cost retail deposits and, therefore, depend heavily on capital markets to meet their funding requirements. The post-Covid period further accelerated this trend, as NBFCs capitalised on the low-interest-rate environment to ramp up their borrowings through bond issuances. Banks Turning Cautious Amid Rising Rates In contrast, banks have shown more conservative borrowing patterns in recent years. Post-2022, bond issuances by banks through capital markets saw a notable decline, as the Reserve Bank of India (RBI) hiked repo rates by 250 basis points between May 2022 and February 2023. This shift in the interest rate environment prompted banks to adopt a cautious approach, focusing more on deposit mobilisation rather than relying on capital market borrowings. For Full Coverage on Bonds – click here Private Placements Dominate Debt Issuance Another key insight from Jiraaf's data is the overwhelming dominance of the private placement route in India's listed bond market. Over 95% of listed bond issuances are executed via private placements, where debt securities are offered directly to a select group of institutional or high-net-worth investors. This route offers issuers faster execution, reduced regulatory burden, and lower disclosure requirements compared to public offerings. In comparison, a public offer functions similarly to an IPO, inviting broader investor participation with higher compliance and disclosure norms mandated by SEBI. However, growth in public debt offerings remains muted, partly due to the procedural complexity and stringent regulatory framework. Recognising this, SEBI has initiated steps to ease compliance and disclosure norms for public debt offers, aiming to promote broader participation in the corporate bond market. What Lied Ahead: India's corporate bond market is poised for further evolution as regulators push for greater transparency and wider investor participation. While NBFCs are expected to remain the primary issuers, banks may gradually return to the market if interest rates stabilise. Meanwhile, the continued preference for private placements reflects both issuer convenience and investor demand for bespoke debt instruments. With the government and regulators working to deepen and diversify India's debt market, platforms like Jiraaf are helping retail and institutional investors navigate opportunities in corporate bonds, facilitating wider adoption beyond traditional fixed deposits and mutual funds.
Time of India
2 days ago
- Business
- Time of India
Nilesh Shah on how to treat smallcaps and midcaps right now
Nilesh Shah , MD & CEO, Envision Capital , says despite concerns about the recent surge in midcap and smallcap stocks , the long-term outlook remains positive. Sustained economic growth of 6-7% in real terms and 10% nominally, coupled with a rise in per capita income from $3,000 to $9,000-$10,000 over the next 10-15 years, will fuel the growth of mid- to small-sized companies. India will always be a small and midcaps market, it always has been. Yes, largecaps should be part of your core portfolio, but the big gains are always made when you catch them young and see them grow. What is your thought on how small and midcap should be treated right now and should you really be looking at that broad umbrella classification or is it really about stock picking within small and midcaps. Nilesh Shah: Stock picking is pretty much almost like eternal truth in the sense that stock picking is relevant for any investor, any fund manager, any CIO irrespective of whether it is largecap, midcap, or smallcap. The wonderful part about mid and smallcaps, at least for India, is that many years ago, many midcap and smallcap companies came out with IPOs prematurely because interest rates were high, and borrowing from banks or NBFCs was expensive. Also, the VC and the private equity system was not fully evolved as it is evolved today. Explore courses from Top Institutes in Select a Course Category Operations Management Data Science Public Policy Project Management healthcare Product Management Healthcare Digital Marketing Data Science MCA Finance Others Data Analytics Technology PGDM Artificial Intelligence Leadership others Design Thinking CXO Degree MBA Management Cybersecurity Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details So, a lot of companies just thought that going to the market was the best way to derisk the balance sheet and raise capital. In the process, what we have now is a universe of almost 4,000 to 5,000 companies which are publicly listed, of which we could probably classify under 200 as largecaps, maybe another 200 as midcaps; but the rest is all smallcap and microcap. So, to that extent, what we all have is the benefit of a very large universe. The second thing and it is very important that while in between, all of us keep saying that midcaps and smallcaps have run up, it looks a little risky, but I clearly have the big picture in mind that as long as we keep growing at this 6-7% in real terms and 10% in nominal terms and till we do not get to a stage where from $3,000 per capita, we move to about $9,000 to $10,000 per capita, essentially it will be an environment where mid to small sized companies will continue to do well and continue to grow at a faster pace versus the big or the large stocks. So, clearly the universe is very large and secondly, there is longevity to this opportunity that we are not going to go from $3,000 to $10,000 per capita in the next two or five years, and this is going to be maybe a journey over the next 10-15 years. Clearly, this is an opportunity for the next 10-15 years. So, even if there are these corrections of 5%, 10%, 15% or 20%, I do not think it should worry us as long as we have the very long-term and the big picture in mind. Live Events You Might Also Like: Go for bottom-up stories in SMIDs; IT stocks look good in medium-term: Shibani Sircar Kurian The last two-three years and especially last year, has been one of the largest public listing years for us. Even today, a smallcap is more of a timing kind of a product when to get in, and get out. The number of listings in the mid and smallcaps have only started increasing. Listing now is no longer premature like it used to be earlier and for a fund manager, a need for a buy and hold from an investment perspective for the next 10 years augurs well instead of trying to look at it from an in-out strategy. What is your view? Nilesh Shah : That is a great point and yes, surely, timing does help. But when we talk about the most recent IPOs and by that I mean the IPOs which have come out over the last one year, two years, or maybe even over the last three to four years, in the post covid era. They offer a very interesting opportunity set around digitalisation . Prior to that, when we in India used to talk about technology, we would talk about technology services companies or at best a handful of technology product companies. But what we have seen over the last maybe three to four years is pretty much a flood of companies which have used technology to reach out to customers and offer them products and services and thereby basically significantly improve their go-to market strategy, achieving what probably earlier would have taken them a lot more time. Clearly, we are going to see a new set of opportunities and I believe that the opportunity for digitisation or digitalisation using technology to reach out to consumers, to reach out to businesses, according to me, is phenomenally huge and as an area to really kind of pick and invest into. So, the mid and the smallcap space will continue to keep getting more diverse and continue to keep getting more enriching, thanks to IPOs. While some of these IPOs have come in at relatively mature valuations, even post the IPOs, a lot of these companies have continued to grow and we have seen this over the last four years – be it an online broking platform, an online insurance platform or an online payments platform or an online food delivery and a quick commerce platform, all of these businesses have essentially kind of grown quite significantly, number one. You Might Also Like: Mihir Vora on where to look for opportunities in the broader market Number two, post their IPO, a few of them did correct quite significantly. But if investors have done their homework well enough, those corrections have only created an opportunity to give a fresh entry or to even buy more into it and then be able to essentially ride it. I clearly believe that now the IPO valuations are not as cheap as what used to be many years ago, but they keep giving you opportunities even in the post IPO stage. You Might Also Like: Mid and smallcaps expensive, selectivity crucial for investors: George Thomas
Business Standard
2 days ago
- Business
- Business Standard
Fintech Pioneers: Credgenics Co-founders featured in the prestigious Avendus Wealth - Hurun India U30 List 2025
VMPL New Delhi [India], July 21: Credgenics, the leading provider of SaaS-based debt collections and resolution platform worldwide, today announced that Rishabh Goel, Co-founder and CEO, and Anand Agrawal, Co-founder and CPTO, have been featured in the prestigious Avendus Wealth - Hurun India U30 List 2025. This recognition celebrates their innovative entrepreneurial approach to transforming the financial services sector and their significant impact on the fintech landscape with Credgenics. The Avendus Wealth - Hurun India U30 List 2025, celebrates 79 exceptional young leaders aged 30 and below who are redefining the future of the Indian economy across industries. This curated list highlights two categories of trailblazers: first-generation founders building ventures valued at USD 25 million or more, and next-generation leaders steering family-owned businesses with valuations of at least USD 50 million. Financial services emerged as the third-most represented sector in this inaugural Under-30 edition, with nine standout entrepreneurs making their mark in the industry. Credgenics has established itself as a pioneer in AI-driven loan collection solutions, managing an impressive portfolio of over 98 million accounts worth $250 billion in FY24. The company's technology-first approach has revolutionized traditional collection methods, enabling financial institutions to optimize their recovery processes while maintaining strong customer relationships. "Being recognized in the Hurun-Avendus U30 List with other innovative young leaders is both an honour and a testament to our team's dedication to transforming the financial services landscape," said Rishabh Goel, Co-founder and CEO of Credgenics. "We are committed to leverage AI and digital technologies for making debt collections future-ready, super efficient, and data-driven. This is benefitting the entire credit ecosystem and speeding up financial inclusion across the country." Anand Agrawal, Co-founder and CPTO of Credgenics, added, "This recognition in the Hurun-Avendus U30 List validates our approach of using AI backed innovation to simplify and transform debt collections. We are working to enhance credit health for individuals globally, which transforms into easy universal access to formal credit. We're proud to be a part of India's vibrant fintech ecosystem and facilitating our meaningful impact in the nation's inclusive economic growth." Credgenics' success story exemplifies the dynamic nature of India's fintech sector, which continues to attract significant investment and fast track the financial empowerment of the masses. The recognition comes at a time when AI-powered collections solutions are becoming increasingly crucial for Banks, NBFCs, Fintech lenders and ARCs seeking to optimize their operations while maintaining compliance and customer satisfaction. Credgenics' market leading platform addresses these needs by providing intelligent, automated collection strategies that improve recovery rates while reducing operational costs. About Credgenics: Credgenics is the leading full-stack, AI-powered loan collections and debt resolution technology platform for Banks, Non-Banking Financial Companies (NBFCs), FinTechs, and Asset Reconstruction Companies (ARCs) globally. Recognised as the Best Selling Loan Collections Platform in India by IBS Intelligence in their Annual India Sales League Table for three consecutive years, Credgenics is modernizing debt recovery processes. The platform combines predictive and generative AI capabilities to assess risk, segment borrowers, and execute personalized recovery strategies across the end-to-end collections lifecycle. Supporting all credit products across retail and SME/MSME portfolios, Credgenics empowers lenders to accelerate recoveries, optimize operational efficiency, and scale smarter, data-driven collections. In FY24, the platform managed over 98 million loan accounts worth more than USD 250 billion and facilitated over 1.7 billion omnichannel communications, serving 150+ financial institutions worldwide.
