Page 16 - Finance News

CV loans see stress, used-car finance races ahead: CRIF report

Commercial vehicle loans recorded PAR 31-90 of 4.1 per cent in June 2026, while auto loans remained the best-performing vehicle finance asset class

Women leaders prefer PE, VC funding despite knowledge gap: Barclays study

Indian HNW women are increasingly eyeing private equity and venture capital, but limited knowledge, lack of trusted advice and time constraints remain key barriers to alternative investing

Use AI to reach credit invisibles: RBI DG Shirish Chandra Murmu to banks

Share of fresh businesses entering formal credit system fell to 42 per cent in FY26 from 52 per cent in FY23 even as outstanding commercial credit grew 14 per cent

PSBs propose 2% sub-target for climate finance under PSL framework

Public sector banks also seek higher lending limits for renewable energy projects and inclusion of electric vehicle financing under the priority sector lending framework

Income-tax dept working to bring clarity in international cases: Official

The department is working with taxpayers and other stakeholders to reduce ambiguity and improve consistency as cross-border transactions and business structures become more complex

Sachin Bansal-led Navi raises $100 mn from Prosus in maiden funding round

The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering

IDFC First Bank raises $500 million via maiden international bond issuance

The bank, through its IFSC Banking Unit at GIFT City, issued the bonds having a tenure of three years and a fixed coupon of 5.625 per cent

Rupee rises 1 paisa to 95.73 against US dollar during early trade

At the interbank foreign exchange, the rupee opened at 95.72 before slipping to 95.73, up 1 paisa from its previous close

More cash, less usage pose challenge for RBI: Shirish Chandra Murmu

Robust currency demand amid rising digital payments muddles projection

Sammaan Capital says PIL-linked probe does not name it as an accused

Lender says EOW status report found loans to five borrower groups were repaid with interest; CBI probe concerns erstwhile promoter Sameer Gehlaut and related entities

Taxation, Payment and Settlement Systems amendment get President's nod

President Droupadi Murmu has given her assent to the Taxation and Other Laws (Amendment) Act, 2026, and another law to amend the Payment and Settlement Systems Act of 2007.

Rupee falls 7 paise to 95.68 against US dollar during early trade

At the interbank foreign exchange, the rupee opened at 95.68, down 7 paise from its previous close

Rupee, bond bets retreat after RBI's dollar swap window ends early

The estimates are being reworked after the central bank Friday decided to end a program attracting dollars from overseas Indians a month earlier than planned, having garnered more than $50 billion

India needs guardrails for shadow-bank flexi loans, not blanket bans

The RBI's proposal to restrict flexible repayment loans by nonbanks could curb risks of bad-debt evergreening, but may also hurt self-employed workers and small businesses that rely on such credit

$10.5 bn FCNR (B) swap cost over 5 years is 1.45% of forex kitty: Report

Cost is unlikely to have constrained RBI's decision to close the swap window early; reserves could rise to $800 billion over five years, the report said

Govt to examine litigation funding for PUFE deals under insolvency regime

The MCA will study third-party litigation funding for PUFE transactions as funds worth over Rs 4.38 lakh crore remain locked in avoidance proceedings under the insolvency regime

Govt to set up high-level banking committee soon: FM Nirmala Sitharaman

Deliberations at PSB Confluence to act as template for panel

Sebi cautions investors against 'live trading strategies' on social media

The regulator said it has come to its notice that certain individuals on social media platforms are offering real-time tips on taking positions in the stock market through live trading sessions.

Sebi revamps mutual fund registration process, sets out eligibility norms

Sebi has also proposed extensive regulatory and background checks as part of the registration process.

FIDC to flag NBFC concerns over RBI's proposed revolving credit ban

The industry body is collating views from NBFCs before submitting feedback to the RBI, with lenders warning that the proposed restriction could favour banks