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Capri Global MD Rajesh Sharma on Union Budget
This story was originally published at 15:42 IST on 1 February 2026
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MUMBAI - Rajesh Sharma, managing director, Capri Global Capital Ltd., said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:
The Union Budget 2026 places NBFCs (non-banking financial companies) firmly at the centre of India's next phase of financial sector reforms, while also providing a clear boost to indigenous manufacturing and service sectors as a step towards Vikshit Bharat. By outlining a roadmap for NBFC credit expansion and technology adoption, and by proposing a high-level committee to review the broader banking and financial landscape, the Budget recognises the critical role financial services sector plays in bridging credit gaps, particularly for MSMEs (micro, small, and medium enterprises) and underserved borrowers. The continued emphasis on MSMEs through dedicated growth and self-reliance funds is also encouraging, as it will help unlock equity capital and accelerate the growth of high-potential enterprises. Overall, the Budget reinforces the pivotal role of NBFCs in improving last-mile credit access while supporting sustainable, investment-led economic growth. End
Compiled by Gopika Balasubramanium
Filed by Ashish Shirke
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