Former Infosys CFO V Balakrishnan has joined the Association of NBFC P2P Platforms as a patron member. The new grouping brings together P2P lending industry players aiming to represent India’s NBFC-P2P sector at key forums and influence policy and industry discussions.
Faircent.com has lowered the minimum interest rate on unsecured personal loans to 9.99%. The move intensifies competition in India’s peer to peer lending space, raising the question of whether other platforms will respond with similar pricing. For borrowers, the rate drop could mean cheaper credit, while lenders may have to balance margins, risk, and demand.
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India’s life insurance industry saw new business premiums rise 16% to ₹4.59 lakh crore in FY26. Analysts attribute the jump to GST relief benefits, increased demand for regular premium policies, and a deliberate tilt toward higher-margin protection and long-term savings products. The shift signals insurers are optimizing both growth and profitability as customer preferences evolve.
Arohan Financial Services is in the final stretch to file its DRHP for a Rs 1,400 crore IPO that combines a fresh issue with an offer for sale. The move comes as microfinance conditions improve, with asset quality strengthening, loan portfolios recovering, and growth outlook looking steadier—fueling renewed investor interest.
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