RBI’s sharper scrutiny of weak NBFCs signals a shift toward stronger risk control, cleaner portfolios, and credible growth. The firms that adapt will shape India’s lending landscape in 2026.
Key points to cover
- RBI’s targeted action against NBFCs with weak risk, governance, or unsecured exposure
- Increased inspections, penalties, and data-driven supervision
- Slowing unsecured credit growth and rising delinquencies
- Higher funding costs and widening gap between strong and weak NBFCs
- Why risk discipline and reputation now drive survival
- Need for sharper underwriting, diversified funding, and stronger boards
- Shift from rapid digital lending to sustainable, quality-focused growth
- Consolidation likely among smaller or high-risk NBFCs
- Sector outlook: steadier, safer, and more predictable for investors
