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NBFC industry body

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Banking, Fintech & Insurance 31 Oct 2026, 05:00 PM IST

NBFCs Seek Five-Year Breathing Room as IRDAI Weighs Sharp Cuts to Credit Insurance Commissions

India’s non-banking finance companies have urged the insurance regulator to allow a five-year transition period before proposed commission caps on credit life and credit health insurance take full effect. The industry says the planned limits of 2% and 5% respectively would make distribution uneconomical, given that selling and servicing these products currently costs about 32% of premium income.

By RDU Global Wire5 min read

Banking, Fintech & Insurance30 Oct 2026, 02:00 PM IST

Investments Surge in Emerging Sectors, but Bank and NBFC Funding Stays Tight: Report

Investments in emerging sectors such as artificial intelligence, semiconductors and defence are rising sharply, but bank and NBFC financing remains constrained, according to a new report. The funding mix is uneven across sectors, with AI and space largely reliant on equity, while lenders remain cautious because of technology risk, delayed payments and uncertain commercialisation timelines.

5 min readRead →

Banking, Fintech & Insurance29 Oct 2026, 08:00 PM IST

Astranova Mobility Arm Wins RBI NBFC Licence, Sets Rs 5,000 Crore AUM Goal

Astranova Mobility’s lending subsidiary, Novafusion Capital, has secured Reserve Bank of India approval to operate as a non-banking financial company, giving the group a regulated platform to expand financing for India’s electric mobility transition. The company has set a target of Rs 5,000 crore in assets under management over the next five years, positioning credit as a key enabler for commercial EV adoption in a market it says will require about $100 billion in capital.

5 min readRead →

Banking, Fintech & Insurance29 Oct 2026, 02:00 PM IST

Investments Surge in Emerging Sectors, but Bank and NBFC Credit Remains Tight: Report

Investment momentum is building across emerging sectors such as artificial intelligence, semiconductors, defence and space, but formal bank and NBFC financing remains limited, according to a new report. The funding mix is uneven: equity is carrying much of the load in AI and space, while lenders remain cautious because of technology risk, delayed payments and uncertain commercial timelines.

5 min readRead →

Banking, Fintech & Insurance28 Oct 2026, 08:00 PM IST

Astranova Mobility Arm Wins RBI NBFC Licence, Sets Rs 5,000 Crore AUM Target

Astranova Mobility’s lending subsidiary, Novafusion Capital, has received Reserve Bank of India approval to operate as a non-banking financial company, giving the group a regulated platform to expand financing for India’s electric mobility transition. The company said it aims to build assets under management of Rs 5,000 crore over the next five years, with a focus on commercial vehicles and the capital needs of fleet electrification.

5 min readRead →

Banking, Fintech & Insurance28 Oct 2026, 08:00 AM IST

Astranova Mobility Unit Wins RBI NBFC Licence, Targets Rs 5,000 Crore AUM in Five Years

Astranova Mobility’s lending arm, Novafusion Capital, has secured Reserve Bank of India approval to operate as a non-banking financial company, giving the EV-focused group a regulated platform to expand financing across India’s mobility transition. The company says it is targeting Rs 5,000 crore in assets under management over the next five years, positioning credit as a critical enabler for commercial vehicle electrification.

5 min readRead →

Macro Economy & Fiscal Policy28 Oct 2026, 08:00 PM IST

CERC Seeks to Make Pumped Storage More Attractive, but Industry Flags Execution Gaps

India’s power regulator is pushing to make pumped storage projects more bankable as the country looks to unlock a vast pipeline of flexible hydro capacity for grid balancing and renewable integration. But developers and industry observers say the real bottlenecks lie not in policy intent, but in land acquisition, approvals, financing, and project execution.

5 min readRead →

Defence, Intelligence & Aerospace28 Oct 2026, 08:00 AM IST

DoD’s Case for Pausing CMMC Weakens as Industry Responses Undercut Its Rationale

The Pentagon’s justification for pausing implementation of the Cybersecurity Maturity Model Certification, or CMMC, is coming under sharper scrutiny after industry responses to a federal request for information pointed to workable paths forward. The feedback suggests the department may have overstated the operational and administrative barriers to moving ahead, even as defense suppliers continue to face cybersecurity obligations in practice. The debate now centers on whether the pause reflects prudence or policy drift at a time when the defense industrial base remains a prime cyber target.

5 min readRead →

Defence, Intelligence & Aerospace26 Oct 2026, 02:00 PM IST

Project Agincourt Leaders Map Industry Path to Autonomous Warfare Command

Project Agincourt leaders have used an open letter to industry and the joint force to outline the next phase of development for the Autonomous Warfare Command, signaling a deliberate effort to shape expectations before the program hardens into a formal operating model. The message suggests the initiative is moving from concept-building toward a more structured partnership with defense contractors, technology firms, and military stakeholders. The letter is notable less for announcing a finished architecture than for establishing tone: collaborative, disciplined, and forward-leaning. In a sector where autonomy, command-and-control, and industrial integration are increasingly intertwined, the outreach indicates that Project Agincourt is trying to align innovation with operational credibility from the outset.

6 min readRead →

National Governance & Policy22 Oct 2026, 05:00 PM IST

Indian Air Force to Hold Industry Dialogue on Unmanned and Autonomous Systems Roadmap on October 21, 2026

The Indian Air Force will convene a dialogue with defence industry stakeholders on October 21, 2026, to discuss its roadmap for developing unmanned and autonomous systems, underscoring a broader push to accelerate next-generation military capabilities. The engagement is expected to focus on technology priorities, industrial readiness, and the role of domestic firms in building systems that can support future air operations. The meeting comes at a time when militaries worldwide are rapidly integrating autonomous platforms into surveillance, logistics, and combat support roles, and India is seeking to strengthen indigenous capacity in a strategically sensitive domain.

4 min readRead →

Frontier AI & Machine Learning20 Oct 2026, 08:00 AM IST

‘We Were Looking at It Wrong’: Goodfire Researcher’s Claim Sends AI Industry Into Reassessment

A sweeping blog post by Goodfire researcher Nick Cammarata has ignited intense debate across the AI sector after arguing that the field may have fundamentally misunderstood how neural networks should be interpreted and studied. The claim, framed as “good news about the nature of neural networks,” has triggered a wave of speculation because it suggests the internal structure of modern AI systems may be more legible, and more controllable, than many researchers assumed.

5 min readRead →

Global Markets & Equities17 Oct 2026, 02:00 PM IST

Netflix’s Hiring of Peter Rice Signals a Content Strategy Reset With Industry-Wide Stakes

Netflix’s decision to bring in former Disney television chief Peter Rice as chief content officer marks more than a routine executive shuffle. The move suggests the streaming leader is recalibrating its content strategy at a moment when investors want faster growth, Hollywood is reassessing the value of theatrical films, and Netflix is under pressure to prove that scale alone can still drive engagement.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside NBFC industry body:

New Delhi(1)Insurance Regulatory and Development Authority of India(1)