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Edelweiss ARC eyes ₹6,000 cr in recovery; invest ₹1,000 to acquire NPAs

Following RBI curbs in FY25, Edelweiss ARC plans to invest up to ₹1,000 crore in stressed assets and targets ₹6,000 crore in recoveries, led by corporate and retail

Samvardhana Motherson Int to raise ₹2,500 cr via NCD for capex, acquisition

The company has lined up investment of about ₹6,000 crore in FY26 for capital expenditure through 14 greenfield facilities

RBI relief for project finance, only 1% provision in construction phase

Banks welcome RBI's final project finance guidelines that lower provisioning to 1 per cent during construction and exempt existing projects from higher requirements

TCHFL, TCS to ink pact for loans, services worth ₹5,150 cr in FY26

Tata Capital Housing eyes ₹5,150 crore from TCS in FY26, seeks to raise borrowing cap to ₹92,000 crore as FY25 profit jumps 31% YoY to ₹1,499 crore

UGRO Capital to acquire Profectus Capital for Rs 1,400 crore deal

Rs 1,398.6 crore all-cash acquisition will boost UGRO's MSME lending scale, add school finance, and improve profitability and secured asset mix

SBI cuts EBLR, home loan rates by 50 bps after RBI's policy rate cut

SBI reduces EBLR and home loan rates by 50 basis points and special deposit scheme rate by 25 basis points, effective from 15 June 2025, following RBI's repo cut

Stress in personal loans to alter asset quality trajectory: CareEdge

CareEdge expects a marginal rise in credit costs and gross NPAs in FY26 due to stress in unsecured personal loans and microfinance, though provisioning remains robust

India Inc's ECB filings fell to $2.9 billion in April, shows RBI data

External commercial borrowings eased to $2.91 billion in April from $11.04 billion in March, with Shriram Finance and SMFG India among major ECB filers

HNGIL resolution: CoC to vote on the INSCO's revised plan next week

The revised plan of INSCO was discussed in the meeting of the Committee on Tuesday night, sources said.

SBI to shed ₹1.5K cr exposure to power equipment maker Regen Power

SBI to offload ₹1,550-crore stressed loan exposure in Regen Power to clean up its books; auction reserve price set at ₹240 crore

Lower net FDI due to repatriation signals mature market, says RBI governor

RBI governor Sanjay Malhotra explains net FDI decline in FY25 is due to repatriation, reflecting market maturity as gross FDI rose and India remains attractive to investors

Households expect easing inflation and improved consumer confidence: RBI

According to the RBI's May survey, households see inflation easing with stable near-term and improving one-year-ahead consumer confidence in both rural and urban areas

Moody's review meet with govt to focus on global trade, Indo-Pak conflict

Moody's will meet Indian officials on Thursday in Delhi for its semi-annual review of India's sovereign rating amid rising geopolitical tension and trade disruption

Banks' asset quality to be stable amid global uncertainty: Moody's

Moody's expects Indian banks to maintain asset quality despite global economic tensions, with NPAs remaining in the 2-3 per cent range over the next 12 months

Spandana Sphoorty plans to scale back operations in Kerala and Gujarat

Stock down 4.4 per cent on BSE; eyes 20 per cent AUM growth in FY26

RBI moots special shares for UCBs as new source to raise capital

Special Share Certificates to be issued at book value without voting or membership rights; RBI says SSCs will be classified under Tier I capital for large UCBs

Inflows in NRI deposits increases nearly 10% in FY25, shows RBI data

Outstanding deposits up $12.8 bn in year to $ 164.7 bn

Net FDI into India falls to $0.4 bn in FY25 amid repatriation surge

'It's sign of a mature market where foreign investors can enter and exit smoothly,' says RBI report

ARCs earning from SR redemption up 15.8% in FY25 on better recovery

ARCs see 15.8 per cent growth in SR redemptions to Rs 43,256 crore in FY25; SR issuance declines, total dues acquired rise to Rs 16.14 trillion

SBI board panel nods to overseas fundraise of up to $3 billion in FY26

SBI plans to raise up to $3 billion via international markets in FY26 through senior unsecured notes in USD or other currencies to support business growth