Indian financial press / NBFC sector-wide
By lens · 1 takes across the edition
Business Standard · India · India's microfinance sector under stress: long-term delinquencies double, government launches ₹20,000 crore guarantee scheme
Crisil November 2025 pre-CGSMFI assessment: NBFC AUM projected at ₹48-50 lakh crore by March 2026, with overall sector growth 15-17%, but mid-sized NBFCs facing higher funding costs. Vehicle finance and LAP segments showing early delinquency stress. Distinguishes MFI-specific stress from broader NBFC health, which remains adequate.
“NBFCs face funding pressure despite healthy overall growth; mid-sized entities and microfinance sub-segment face the sharpest headwinds.”