Page 5 - Abhijit Lele

India Inc files ECB intent worth $3.48 billion in June, shows RBI data

Indian firms filed proposals to raise $3.48 billion in June via ECBs, with Mumbai International Airport, NTPC, Tata Electronics, and Adani Airport among top applicants

Bond windfall cushions NII strain for PSBs as margins shrink on rate cuts

Public sector banks saw Q1 FY26 profit rise 10.6% YoY on treasury gains and lower provisions, while NII was flat as lenders passed on policy rate cuts to customers

Tariff uncertainty may harm investment decisions: SBI chief CS Setty

But, the narrative around the uncertainty is more damaging and may cause delay in investment decisions and postponement of spending, he added

SBI Q1 results: Net profit rises 12.5% to ₹19,160 crore on treasury gains

SBI Q1 net rises to ₹19,160 crore aided by treasury gains; net interest margins may improve by March 2026 even as NII and CASA ratio face near-term pressure

US tariff impact: India exploring alternative markets, says MEA official

India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports

RBI survey shows consumer confidence rises in rural, urban areas in July

RBI's July survey shows higher consumer confidence in rural, semi-urban and urban areas, driven by optimism on economy, jobs, incomes and easing inflation expectations

Hero FinCorp halts unsecured loans, aims 14% growth in FY26 disbursements

Hero FinCorp pauses unsecured lending over borrower over-leverage, shifts focus to secured loans, and targets 14% Y-o-Y growth in FY26 disbursements as part of balance sheet overhaul

Aditya Birla Capital Q1FY26 results: Net profit up 10% at ₹835 crore

Aditya Birla Capital reports a 10% rise in consolidated net profit to Rs 835 crore for Q1FY26. Its stock rose 10.7% amid growth in lending, mutual funds, and insurance sectors

Focus GenNext: State Bank of India looks to reboot its HR strategy

SBI plans to engage a management consultant to develop a long-term HR strategy focusing on employee engagement, talent acquisition, and digital transformation

PNB Housing Finance stock plummets 18% on MD & CEO Girish Kousgi exit

To calm investor sentiment, the company in a statement said that its team would continue to achieve the company's goals of robust growth, asset quality, and margins

Credit growth dips sharply in June as farm, NBFC offtake weakens: RBI

The pace of credit growth on a Y-o-Y basis in retail and industrial credit also moderated in June 2025, Reserve Bank of India (RBI) data showed

Loan growth dips in farm, services; MSMEs see sharp rise in June

The pace of credit growth on a Y-o-Y basis in retail and industrial credit also moderated in June 2025, Reserve Bank of India (RBI) data showed

Union Bank of India puts 10 Future Group brands on block to recover dues

Union Bank of India has listed 10 brands from Future Brands Ltd, part of Kishore Biyani's Future Group, for auction in August to recover dues of over Rs 181 crore under SARFAESI

RBI proposes new regime for co-op bank branch expansion, ATM setup

New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation

S&P affirms Bangladesh's sovereign credit rating, warns of US trade risks

South Asian country's external profile has stabilised and foreign exchange reserves have increased

S&P raises Pakistan's sovereign rating to 'B-' as fiscal outlook improves

S&P Global Ratings upgrades Pakistan's sovereign credit rating, citing improved fiscal conditions, contained external liquidity risks, and reduced near-term default risk

SBI eyes spot among world's top 10 banks by market value in 5 years

SBI's market cap has gone up from Rs 3.25 trn at end of March 2021 to Rs 4.40 trn in FY22, Rs 4.67 trn in FY23, Rs 6.71 trn in FY24 and Rs 7.13 trn at the end of March 2025

Net FDI slumps 98% to $40 million in May 2025 as outward flows accelerate

For May 2025, repatriation\divestment stood at $5.0 billion, up from $4.1 billion in May 2024. In May 2025, outward FDI was $2.1 billion, higher than $1.8 billion in May 2024

ICRA downgrades NIIF backed Radiance Renewables' long term rating

ICRA lowers long-term rating to A- and outlook to negative citing delayed capacity additions and increased reliance on mezzanine debt by NIIF-backed RRPL

MFI CreditAccess Grameen Q1 net profit down 85% on higher provisions

The shares closed 1.03 per cent higher at ₹1,280.20 per share on the BSE. In an exchange filing, the company said its net interest income (NII) declined 1.6 per cent to ₹937 crore