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SECTOR | 21 Jan 2026, 06:00PM

Mega Corporation inks pact with Rajasthan govt arm for salary-linked loans

Business Standard

Non-banking finance company Mega Corporation on Wednesday said it has entered into a definitive agreement with Rajasthan Financial Services Delivery (RFSDL), a state government enterprise, to implement a technology-driven salary-linked advance programme for government employees. Under the agreement, Mega Corporation will deploy its digital lending platform, Lendingo, to enable fully regulated, transparent and payroll-integrated advances against salary. The partnership marks Mega Corporation's formal entry into government-anchored financial infrastructure, the city-headquartered NBFC said. The programme has been designed to provide government employees with frictionless digital access to short-term credit, while maintaining high standards of transparency, auditability and regulatory compliance, the company said in a release. "This partnership with RFSDL and the Government of Rajasthan represents a defining moment for Mega Corporation," said Kunal Lalani, Executive Director, Mega...

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 20 Jan 2026, 12:10PM

NBFCs poised to outperform in easing rate cycle: Sandip Sabharwal

Economic Times

Market expert Sandip Sabharwal highlights banking sector challenges with deposit growth and liquidity. NBFCs show promise, with specific names mentioned. The QSR space faces subdued consumer demand, leading to mergers and investor exits. Future performance hinges on demand revival and cost management. This analysis covers current trends and future outlooks.

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 19 Jan 2026

Banks to step up scrutiny of priority sector loans purchased via securitisation notes'

Business Line

Banks to enhance scrutiny of priority sector loans through Securitisation Notes, adhering to new RBI guidelines for better asset quality.

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 19 Jan 2026

Over 52,300 crore MSME loans sanctioned by PSBs under digital credit model

Business Standard

Public sector banks under the digital credit underwriting programmes sanctioned over 3.96 lakh MSME loan applications amounting to over Rs 52,300 crore between April 1 and December 31, 2025, the finance ministry said on Monday. The Public Sector Banks (PSBs) had launched the Credit Assessment Model (CAM) based on digital footprints for Micro, Small & Medium Enterprises (MSMEs) in 2025. This credit assessment model leverages the digitally fetched and verifiable data available in the ecosystem and devises automated journeys for MSME Loan appraisal using objective decisioning for all loan applications and model-based limit assessment for both Existing to Bank (ETB) as well as New to Bank (NTB) MSME borrowers, a finance ministry statement said. "Between 1st April and 31st December, 2025, over 3.96 lakh MSME loan applications amounting to more than Rs 52,300 crore have been sanctioned by the Public Sector Banks (PSBs) under the digital credit underwriting programmes," the ministry said

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Rate cuts drive stronger loan growth, boosting profits for India's banks

Business Standard | 19 Jan 2026 1 more

Banks

SECTOR | 19 Jan 2026

Bank of India rallies 4%, at 8-yr high in weak market; what's driving PSB?

Business Standard

The stock price of Bank of India hit an intra-day high of 163.25 on the BSE, and has rallied 37 per cent in the past four months.

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 19 Jan 2026

Why a one-size-fits-all approach to regulating NBFCs?

Business Line

A smarter framework would treat size as a preliminary filter, not the final verdict. Risk-weighted classification should follow

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 18 Jan 2026

NBFC company Namdev Finvest Private Limited bags $37 mn from FMO, IIX, others

Business Line

Funds will be strategically deployed to expand Namdev's MSME lending franchise across underserved and unbanked rural and semi-urban markets in India

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 16 Jan 2026

NBFCs seek lower Sarfaesi limit for debt resolution, better harmonisation

Business Standard

Non-banking financial companies are taken up the matter with the Reserve Bank of India and the ministry of finance, seeking the same threshold that banks and some other lenders enjoy

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 15 Jan 2026

Disputing a wrong credit card charge? Experts say timing decides refunds

Business Standard

Banks and card networks run on different clocks, and the earliest deadline often decides the outcome

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Banks

SECTOR | 14 Jan 2026

Expected Credit Loss Framework: How It Will Affect Banks

NDTV Profit

Time to initiate gap assessments and invest in robust infrastructure.

Axis Direct released a Sector Update report for Banks on 07 Jan, 2026.

Bank Holiday On Jan. 15: Banks To Remain Closed In These States On Account Of Festivals, Elections

NDTV Profit | 14 Jan 2026