Tag: NBFC growth
BANKING & FINANCE Muthoot MCred Q1 Profit Surges To ₹100 Cr; AUM Up 59% To ₹7,098 Cr

Muthoot MCred Ltd, formerly known as Muthoottu Mini Financiers Ltd, reported a strong performance for the quarter ended June 30, 2026, with profit after tax (PAT) rising 232.73% year-on-year to ₹100.29 crore. The gold loan-focused NBFC’s assets under management (AUM) grew 58.53% year-on-year to ₹7,098.38 crore, while total income increased 76.38% to ₹399.64 crore during […]

CW Bureau · Aug 14, 2026
BANKING & FINANCE Digital NBFCs’ Personal Loan Book Set To Surpass ₹3.6 Lakh Cr By FY30

The personal loan portfolio of digital NBFCs is expected to exceed ₹3.6 lakh crore by FY30, translating into a CAGR of 26%–28% over FY25–FY30. Growth prospects remain strong, driven by increasing digital penetration and an expanding borrower base, according to a CareEdge report. Outstanding Personal Loan Portfolio Doubles As per data from the Fintech Association […]

CW Bureau · Mar 28, 2026