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Consumer price inflation picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most economists said headline inflation appears to have bottomed out in October on account of lower food prices and one-time GST cut adjustment and expect it to inch up but will be below RBI’s 4% medium-term target. RBI has cut the...
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According to the report, delinquency levels in the micro-LAP segment rose by 45 basis points (bps) year-on-year to 3.3% as of September 2025. Early delinquencies-measured as loans 90 days or more past due within 12 months on book-increased by 29 bps YoY to 2.2% for originations in the quarter ended September 2024. This is significantly higher than overall LAP early delinquencies of 1.6%.
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The bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings from multiple internal and external reports commissioned by the bank, including reviews conducted by Grant Thornton, PwC and EY, they said. The three executives were at the helm of IndusInd when the non-state bank discovered accounting discrepancies in internal derivative...
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The time taken to put a cyber insurance cover in place has shrunk dramatically to just a few days from six to seven months earlier, as companies move quickly to hedge against operational disruption, regulatory fines and potential indemnification exposure, said insurers and brokers.
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Masdar has withdrawn its nearly $1 billion offer to take ReNew Energy Global private, causing a significant drop in the company’s stock price. The move by the leading investor in a four-member consortium effectively terminates the proposed transaction, disappointing shareholders seeking an exit opportunity.
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