BUSINESS
NaBFID is a success story by combining the right timing, institutional maturity, and strategic clarity, says MD Rajkiran Rai
Our cumulative sanctions to date have crossed Rs 2.5 lakh crore. We’re projecting this to increase to around Rs 3.2 lakh crore by March 2026. These are projects that have already been appraised and committed to, but disbursement happens progressively, especially in infrastructure, Rai said.
BUSINESS
Asset monetisation plan needs to be accelerated, says SEBI Chairman
Pandey said that relying solely on the banks and government budgets for infrastructure financing exposes the concentration risk.
BUSINESS
NBFCs see festive credit growth in top gear, riding on auto loans after GST cuts
Analysts estimate the GST cuts to spur a strong demand for vehicles during Navratri - between September 22 and October 2 - and benefit automakers as well as financiers.
BUSINESS
Bankers rule out RBI rate cut in October, expect one later in FY26
The expected pause in the October policy will be second consecutive pause after the August policy. The central bank has brought down the repo rate by 100 bps since February before hitting pause in August review.
BUSINESS
Bankers optimistic of 11-15% credit growth in FY26
Systemic credit growth stood at 10.03 percent year-on-year in the fortnight ended August 22, signalling that banks are ramping up credit ahead of the festival season amid rate cuts and expected consumption boost following GST regime overhaul.
BUSINESS
No proposal to cut govt stake below 51%, to remain majority shareholder, says M Nagaraju, Secretary (FS)
Nagaraju said that the insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, is likely to be introduced in Parliament in the upcoming Winter session.
BUSINESS
Cholamandalam to scale back fintech, supply-chain financing
The move will curb the AUM growth to 20-23% this fiscal from the previously projected 25-30%, president and CFO Arul Selvan has said
BUSINESS
FPI investment in G-sec topped Rs 3 lakh crore: Here are the factors
According to the Clearing Corporation of India’s (CCIL) data, FPI investment in G-sec under FAR route increased to Rs 3.01 lakh crore in this week, as compared to Rs 2.99 lakh crore last week.
BUSINESS
KPI Green Energy raises Rs 670 cr via 5-year externally credit-enhanced green bonds
The company is eyeing dollar bond issuances after 2027
BUSINESS
Indian rupee depreciation: What you need to know
While the rupee had already been weakening since late last year, most of the heavy depreciation and record lows have come in the current fiscal.
BUSINESS
Rupee depreciates 3.2% in FY26 but not a concern yet amid high forex reserves, say experts
Indian rupee depreciated to 88.2787 against the greenback at close on September 12, from 85.5137 on April 2, registering a fall of 2.77
BUSINESS
Oil, gold importers' demand for dollar drags rupee to record low of 88.44 vs USD
Indian rupee has been under pressure since the imposition of the tariffs by the US President Donald Trump. The currency further depreciated after the tariffs were increased to 50 percent.
BUSINESS
Moderation in investor appetite, high supply push state development loan yields up by 1% over 10-year G-sec
An analysis by Moneycontrol of the Reserve Bank of India’s (RBI) data showed that yield spread between 10-year State Development Loans (SDLs) and government securities has widened to a 5.5-year high
BUSINESS
Liquidity surplus narrows despite fund infusion post-first 25 bps CRR cut
According to RBI data, the net liquidity surplus has declined from Rs 2.87 lakh crore on September 5 to Rs 2.36 lakh crore on September 8, a drop of over Rs 50,000 crore in just three days.
BUSINESS
Why an uptick in bond yields is a concern for the government?
The 10-year benchmark bond yield, a threshold for borrowing rates in the money market, spiked by 18-20 basis points (bps) after the announcement of the recent GST reforms. The measures, while aimed at stabilising revenues and demand, raised speculation that that the government might adjust its borrowing program, which lead to increase in bond yields.
BUSINESS
Currency in circulation set to rise during festive season, bolstered by GST cuts and Bihar election
Traditionally, the demand for currency in hand increases during the festival season between September and November, when India celebrates Ganesh Chaturthi, Navratri, Dussehra, and Diwali. Additionally, election-related spending also pushes up cash withdrawals in states heading to polls.
BUSINESS
GST cuts to boost demand but won’t trigger credit growth as banks remain cautious over tariffs
Despite the GST relief and the upcoming festive season, lenders are exercising caution, with analysts expecting credit growth to remain largely unchanged amid trade-related uncertainties.
BUSINESS
GST reform a timely stimulus, may pave way for further RBI easing, say economists
Experts believe the GST reform will act as a cushion against tariff-related uncertainties, and should the US levies ease, the combined tailwind along with Centre's fiscal support and easier monetary conditions could lift confidence across manufacturing supply chains.
BUSINESS
Indian rupee faces sharper decline against Euro, Pound, and Yen in 2025 amid global and domestic pressures
According to Bloomberg data, the rupee has weakened by 13.6 percent against the Euro, 9.3 percent against the Pound, and 8.4 percent against the Yen. In contrast, it has declined only 2.73 percent against the US dollar year-to-date.
BUSINESS
Overseas bond issuances slump to decade low in 2025 amid global volatility
Experts said that Indian issuers are finding it harder to access international bond markets as investors demand higher spreads on emerging market debt amid geopolitical tensions and currency risks.
BUSINESS
Trump’s tariffs may push Rupee towards 90/USD, fear economists, RBI intervention likely
The Indian rupee has depreciated around 0.7 percent in August, and on a year-to-date basis, it is weaker by 2.94 percent against the US dollar. August saw fourth month of weakness, which experts have attributed to tariff-related uncertainty.
BUSINESS
Karnataka, Odisha, Arunachal step up Treasury bills investment as cash flow management turns conservative
Analysts point out that states typically receive large inflows from tax devolution and central transfers in lump sums, while spending on salaries, subsidies, and capital projects tends to be back-loaded. This mismatch leaves states with temporary surpluses that need a safe parking space.
BANKING
Financial corporations' deposit share rises to 7% in June, shows RBI data
Bank deposits with SCB’s registered a growth year-on-year of 11.3 per cent as at end-June 2025 as compared with that of 11.7 per cent (net of merger) a year ago.
BUSINESS
India-US trade uncertainties continue to pose downside risk: RBI Bulletin
Favourable rainfall and temperature conditions bode well for the kharif season. An increase in real rural wages may support demand in the second half of the fiscal
