NCLAT to Hear Lenders’ Challenge to Subhash Chandra’s Repayment Plan
NCLAT will review lenders’ challenge to Subhash Chandra’s repayment plan, questioning the NCLT’s approval of a settlement that significantly undervalues admitted claims.
Nifty Bank Surges 600+ Points on Closing Auction Session
Nifty Bank index surged over 600 points in Monday’s closing auction session, driven by SEBI’s new rules. Key banking stocks saw gains.
India’s Fiscal Deficit Hits 26.8% of FY27 Target
India’s fiscal deficit for April-July FY27 is 26.8% of the annual target, totaling ₹4.55 lakh crore, bolstered by strong non-tax revenue and controlled spending.
Saudi Arabia Seeks $8B Loan Amid Iran Conflict
Saudi Arabia eyes an $8 billion syndicated loan to manage financial strains from the Iran conflict, impacting military spending and supply chains.
Gold Loans to Surge Past Credit Growth: Ind-Ra
India Ratings predicts bank gold loans will grow significantly faster than overall credit, driven by rising gold prices and banks’ focus on secured lending.
Housing Society Redevelopment: Essential Due Diligence Guide
Essential due diligence for housing society redevelopment. Verify developer credentials, project feasibility, and protect your finances and legal rights.
Karur Vysya Bank Opens 16 New Branches, Expanding Network to 919
Karur Vysya Bank inaugurates 16 new branches in South India & Delhi NCR, boosting its nationwide network to 919 locations. Enhancing customer accessibility.
Karur Vysya Bank Shares Rise on 16 New Branch Expansion
Karur Vysya Bank’s stock gained 0.97% after opening 16 new branches, expanding its network to 919 across South India and Delhi NCR.
Tatva Chintan: Stable Promoter Control Amidst High Valuation
Tatva Chintan Pharma Chem retains strong promoter control (72.02%) as of June 2026. Shares trade at ₹1,630 with a P/E of 74.5, indicating a high valuation.
Zee Entertainment Shares Plunge 14% on Lender Repayment Challenge
Zee Entertainment stock drops 14.3% as Canara Bank, Union Bank, and LIC Housing Finance challenge NCLT-approved repayment plan for founder Subhash Chandra.
September Money Changes: LPG, Airfares, Bank Fees & Taxes
September brings significant financial shifts impacting LPG, airfares, bank fees, and tax deadlines. Stay informed to manage your budget effectively.
HDFC Bank CEO Succession: A Critical Test for Stock Performance
HDFC Bank’s leadership transition is key. With CEO Sashidhar Jagdishan retiring in 2026, brokerages emphasize a smooth succession for stock performance, shifting focus from fundamentals.
India’s September 2026 Financial Overhaul: Investments, Taxes & More
India braces for major financial & household shifts in Sep 2026. Key changes affect investments, demat accounts, ETFs, NRI deposits, taxes, and daily expenses. Stay informed!
Indian Stocks Eye Positive Open: HDFC, Reliance in Focus
Indian stocks set for a positive open on Aug 31, boosted by GIFT Nifty. Key corporate news from HDFC Bank, Reliance Industries, and IGL.
Piramal Finance Raises ₹3,850 Cr via QIP & Promoter Warrants
Piramal Finance successfully secures ₹3,850 crore through QIP and promoter warrants, strengthening its balance sheet and fueling growth in lending segments.
Indian Stocks Climb on Nvidia Boost; Key August 31 Movers
Indian equity markets closed higher on Friday, boosted by Nvidia’s strong earnings. Sensex gained 0.43%, Nifty50 rose 0.35%. Key stocks to watch on August 31.
Indian Stocks Rise: IT Surge & Key Corporate Moves
Indian equity markets rebound, driven by IT sector strength and significant corporate news including HDFC Bank CEO’s decision. Nifty50 and BSE Sensex close higher.
Tamil Nadu Dominates India’s Gold Loans, Fuels Credit Growth
Tamil Nadu leads India’s gold loan market with ₹4.11 lakh crore by March 2026, significantly boosting agriculture and MSMEs and driving financial inclusion.
SBI, SBI Capital Markets to Dilute 1% Stake in NSE IPO
State Bank of India & SBI Capital Markets plan to dilute up to 1% stake in the upcoming Rs 30,000 crore NSE IPO. SBI Chairman confirms 0.7% dilution from the bank.
Essel Group Chairman Subhash Chandra Addresses Lender Concerns
Essel Group Chairman Subhash Chandra reassures lenders on settling dues amid challenges to the group’s repayment plan. Details on personal guarantees and NCLT sanction.
Lenders Challenge NCLT Approval of Subhash Chandra Repayment Plan
Lenders formally challenge NCLT approval of Subhash Chandra’s repayment plan, initiating a judicial review of the resolution process. Critical development in debt resolution.
Vadodara Businessman Loses ₹1.53 Cr in Digital Arrest Scam
A Vadodara businessman and his mother lost ₹1.53 crore to a ‘digital arrest’ scam. Fraudsters posed as SBI officials and Mumbai Cybercrime police, using fake threats to extort money.
SBI Group Sells 1% Stake in NSE’s Rs 30,000 Crore IPO
State Bank of India and SBI Capital Markets will divest a combined 1% stake in the National Stock Exchange’s massive Rs 30,000 crore IPO, signaling a strategic move.
SBI to Dilute 1% Stake in NSE’s Rs 30,000 Cr IPO
State Bank of India and SBI Capital Markets plan to divest up to 1% in the National Stock Exchange’s massive Rs 30,000 crore IPO, impacting their holdings.
HDFC Bank Stock Plummets: Fund Managers Exit Amidst Woes
HDFC Bank shares hit multi-year lows, down 25% in a year. Fund managers are reducing exposure due to weak performance, governance concerns, and CEO succession uncertainty.
India’s IBC: Wealth Transfer & Corporate Concentration Concerns
India’s IBC, designed for debt resolution, faces criticism for enabling public wealth transfer and increasing corporate concentration, as seen in the Subhash Chandra case.
SBI to Sell 1% Stake in NSE’s ₹30,000 Cr IPO
State Bank of India and subsidiary SBI Capital Markets will divest up to 1% in the NSE’s massive ₹30,000 crore IPO, confirmed Chairman C.S. Setty.
Vizag Loan Scam: Rs 35 Lakh Lost to Fake Offers
Beware! Cybercriminals in Visakhapatnam scammed 20+ people out of Rs 35 Lakh using fake loan offers on social media. Learn how they operate and protect yourself.
Indian Students: UG in India, PG Abroad for Career Growth
Discover the rising trend of Indian students pursuing undergraduate degrees in India and postgraduate studies abroad for enhanced career prospects and global exposure.
RBI Tightens Unsecured Loan Norms, Raising Borrowing Costs
RBI increases equity capital for unsecured loans, making borrowing pricier for consumers and lenders. Learn about the impact on personal loans and credit cards.