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...Read More
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...Read More
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...Read More
The Reserve Bank of India is injecting Rs 1.5 lakh crore into the financial system. This move aims to prevent any cash crunch as advance tax and GST payments are due. The central bank is conducting a dollar-rupee buy-sell swap to add more liquidity. This action will help keep overnight interest rates stable.Read More
India’s primary market anticipates a significant influx of healthcare IPOs next year, with an estimated ₹20,000 crore in public issues expected. Major hospital chains like Manipal Hospitals and IVF platforms such as Indira IVF are preparing to list, driven by strong fundamentals and favorable valuations. This surge reflects the sector’s growth momentum and attractive opportunities...Read More
The rupee slid to a record low of 90.73 against the dollar amid heavy foreign outflows, stalled India–US trade talks and strong importer demand, emerging as the worst performer among Asian currencies.Read More
KSH International raised Rs 213 crore from anchor investors ahead of its IPO, indicating strong institutional interest. The magnet winding wires maker opens its public issue on December 16, backed by global funds and domestic mutual funds.Read More
Indian equities ended marginally lower as auto and financial stocks dragged amid foreign outflows, rupee weakness and trade uncertainty. Analysts see markets staying range-bound, with earnings expectations and global macro cues guiding near-term direction.Read More
Wall Street’s main indexes opened higher on Monday, rebounding from a tech-driven rout last week, while investors braced for a barrage of economic data that could set the course for interest rates.Read More
Nifty snapped its two-day rally to end marginally lower, facing resistance near 26,050. Analysts expect range-bound trade, while technical breakouts highlight Indian Metals & Ferro Alloys and Zuari Agro Chemicals as buying opportunities.Read More
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