Bs Reporter

Waterways Leisure IPO fully booked on Day 3; Sebi resolves 5,500 complaints

Waterways Leisure Tourism's IPO closes fully subscribed, Advit Jewels sees massive demand, while Sebi seeks clarification on Jio Platforms' public issue

A personal loan can come in handy, but make sure you know the rates

A personal loan can be very useful in a sudden funds crunch, but may carry higher interest rates due to the higher risk it carries

Sebi eases certification needs for non-core staff of investment advisors

Sebi eases certification norms for non-advisory investment staff, while NSE clarifies brokers' investments won't be treated as business income in most cases

Sunil Agrawal steps down as LIC chief financial officer effective July 14

Agrawal, who joined LIC in 2022 after stints at Reliance Nippon Life and ICICI Prudential Life, will step down effective July 14

Knack Packaging fixes ₹439.5-crore IPO price band at ₹161-170 per share

Knack Packaging sets ₹161-170 IPO price band to raise ₹439.5 crore, with proceeds earmarked for capacity expansion and capital expenditure

Gold-loan lenders can withstand sharp price corrections, says Crisil

Strong risk-management practices, conservative lending ratios and timely auctions help lenders recover principal even under stressed gold-price scenarios, the agency says

Bandhan Bank raises FD rates by up to 20 bps on select deposit tenors

The lender has increased rates on fixed deposits in the two- to five-year buckets as banks intensify efforts to mobilise deposits amid widening credit-deposit gaps

Bajaj Auto's largest buyback to turn ex-date; tender opens July 1

Bajaj Auto's record ₹5,633 crore buyback, JSW Infra's ₹7,503 crore QIP, and mixed IPO subscriptions highlight active primary market momentum in India

RBI eases MSME onboarding on TReDS, allows guarantee cover for financiers

Central bank consolidates TReDS regulations, eases MSME access and permits financiers to obtain credit guarantee cover on platform exposures

NSE, Bharat Metal Exchange join hands for non-ferrous metal derivatives

NSE and Bharat Metal Exchange will jointly develop non-ferrous metal derivatives as SEBI proposes further easing of tech rules for market infrastructure institutions

Waterways Leisure allots shares worth ₹263 crore to anchor investors

Cruise operator raises Rs 263.25 crore from marquee anchor investors ahead of its Rs 585-crore IPO, which opens for public subscription on Tuesday

Doval to host BRICS security conclave amid evolving geopolitical challenges

Senior security officials from BRICS nations, including China, Russia and Iran, will meet in New Delhi to discuss non-traditional security threats, terrorism and emerging technologies

Sebi clarifies EPI benefits; Turtlemint Fintech IPO subscribed 45% on Day 1

The market regulator revised commodity margin provisions, cleared SBI Mutual Fund's IPO and oversaw the opening day of Turtlemint Fintech's share sale

Bharat Forge bags ₹425 crore Indian Navy gas turbine generator order

The contract involves supplying indigenous gas turbine generators for Kolkata-class destroyers and marks a step forward in naval equipment indigenisation

UCO Bank's Rajendra Kumar Saboo gets additional charge as MD & CEO

The bank's executive director will hold additional charge of managing director and chief executive officer until a regular appointment is made or further orders are issued

Irdai proposes perpetual registration framework for TPAs under SBSR Act

The regulator has proposed a transition framework for existing third-party administrators, along with an annual fee mechanism under the SBSR Act regime

Banks' supervisory data quality score slips marginally in March quarter

The RBI's Supervisory Data Quality Index for scheduled commercial banks eased to 90.7 in March 2026, with declines in accuracy and timeliness offset partly by gains elsewhere

Mahindra Lifespaces acquires 15-acre MMR land parcel with ₹5,600 cr GDV

The Mahindra Group firm plans a residential project in Kandivali East with a development potential of 1.8 million sq ft and an estimated GDV of ₹5,600 crore

After a period of consolidation, microfinance sector shows signs of revival

India's microfinance sector is seeing early revival signs as lenders prioritise asset quality and portfolio consolidation over aggressive loan growth after two years of slowdown

Turtlemint raises ₹397.2 crore from anchor investors ahead of IPO

The insurtech company attracted several domestic and global investors ahead of its ₹883-crore initial public offering, which opens on June 19