Non-banking financial companies saw their balance sheets expand significantly in FY25, fueled by robust loan growth. While overall asset quality improved, the microfinance sector experienced a sharp rise in bad loans. Profitability for upper-layer NBFCs increased, though overall profits saw a slight dip. Key indicators like capital adequacy remained strong.
Fed can afford to stay patient as inflation risks ease: Steve Englander
The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Englander of Standard Chartered.
July 2, 2026