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CREDIT EXPANSION
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: ReportHousing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
SpaceX’s IPO success may rub off on AmbaniInvestor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. Howeve...
Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
Assam CM Himanta writes to PM Modi on historic milestone, credits him for transforming state's destinyAssam Chief Minister Himanta Biswa Sarma congratulated Prime Minister Narendra Modi on his record tenure. Sarma presented a letter from Ass...
Utkal Speciality Industries IPO: Check GMP, price band, subscription and other detailsUtkal Speciality Industries India's IPO opens Wednesday, aiming to raise Rs 34.5 crore with shares priced between Rs 62-66. The SME issue, ...
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
Arnya Realestates Fund invests over Rs 1,000 cr across 11 housing projectsArnya’s debt strategy is expected to reach a total deployment commitment of Rs 1,200 crore, including direct investments, by the time of it...
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocksInvesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing bro...
RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
India's MSME growth remains concentrated despite expansion in credit and formalisation: ReportThe study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...
Regional curbs dampen microfin revival in South India as biz looks upTamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...
Two out of every three bank loans in India carry interest rates below 9%Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressi...
IIFCL eyes record loan sanction of ₹75,000cr in FY27IIFCL aims for a record ₹75,000 crore in loan sanctions this financial year. The government has removed SIFTI restrictions, giving the lend...