Main Pointers 1) September auto sales rose 5.2% YoY, led by two-wheelers and passenger vehicles. 2) Navratri nine-day festival delivered a 34% YoY spike in showroom traffic and purchases. 3) Diwali and other factors — a good monsoon, strong harvest, and steady lending — are expected to sustain demand. Overview India’s auto dealers posted a 5.2% year-on-year increase in September, …
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PNB Sees Double-Digit Corporate Loan Growth, Confident on FY25 Guidance, Says Ashok Chandra
Main Pointers1) PNB targets double-digit growth in the corporate loan book by year-end, with a guided 11-12% credit growth and 9-10% for deposits.2) GST rate cuts could lift credit demand in key segments such as retail, agriculture and MSMEs, with effects likely lasting beyond the short term.3) RBI measures bolster investment activity; PNB remains active on infrastructure funding, with other …
Read More »Ignosis to Focus on AI, Product Expansion and Governance After $4 Million Pre-Series A Fundraise
Main Pointers 1) AI focus to accelerate product development and market fit 2) Product expansion to broaden offerings and customer reach 3) Strengthened governance framework for compliance and risk management Ignosis has announced a strategic growth plan following its $4 million pre-Series A fundraise. The investment will support three pillars: AI development, product expansion, and governance enhancements to ensure scalable …
Read More »MOIL Posts Record September Output as Q2 Production Rises 10.3%
Main Pointers 1. MOIL records best-ever September output at 1.52 lakh tonnes, up 3.8% YoY. 2. Q2 (July–September) production climbs 10.3% YoY to 4.42 lakh tonnes; sales rise 18.6% to 3.53 lakh tonnes. 3. Exploratory core drilling up 46% in September to 5,314 metres; quarterly total drilling hits 21,035 metres. MOIL Ltd, India’s state-owned manganese producer, reported its best-ever September …
Read More »DMart Q2 FY26 standalone revenue rises to ₹16,218.79 crore; stores reach 432
Main Pointers 1) Q2 FY26 standalone revenue: ₹16,218.79 crore; year-on-year rise from ₹14,050.32 crore; total stores at 432 as of Sept 30, 2025. 2) Store expansion: six net new stores added in Q1 FY26; 424 stores as of June 30, 2025; Agra opening marks the state’s first major expansion since Ghaziabad. 3) Audit note and store status: revenue update subject …
Read More »L&T Finance Q2 FY26: Retail Disbursements Jump 25% to ₹18,850 Crore as Retailisation Hits 98%
Main Pointers 1. Retail disbursements rise 25% YoY to ₹18,850 crore in Q2 FY26, with retailisation at 98%. 2. Retail loan book expands about 17% YoY to ₹1,04,500 crore as of September 30, 2025, reflecting broad growth across segments. 3. Segment mix shows gains in rural, urban, farmer, SME and gold finance, supported by the acquired portfolio. L&T Finance Limited, …
Read More »Yes Bank deposits rise 7% to ₹2.97 lakh crore in September 2025; loans up 6.5%
Main Pointers 1. Deposits up 7% YoY to about ₹2.97 lakh crore in September 2025; QoQ rise around 7.6%. 2. Loans grow 6.5% YoY to ₹2,50,468 crore; CASA at 33.8% with notable YoY and QoQ gains. 3. Key liquidity metrics: LCR at 125.1% and CD ratio at 84.4%; CASA remains robust at 33.8%. Yes Bank on Friday released provisional business …
Read More »SEBI Mulls Disclosure Rules for Billionaire Family Offices
Main Pointers 1. SEBI is considering mandatory disclosures by family offices, including entities, assets, and investment activities, to boost transparency. 2. A separate regulatory category for family offices and QIB status could grant them preferential IPO access, shaping market participation. 3. The move aims to improve market visibility, reduce insider trading risk, and align India with global norms observed in …
Read More »RBI Draft FEMA Regulations 2025: Major Changes to External Borrowing, End-Use Rules and Reporting
Main Pointers 1. Clarified definitions and expanded scope for ECB/ECL, lenders, and currency rules under Schedule I. 2. Tightened end-use restrictions on borrowed funds to curb diversion into unregulated activities and limit risky sectors. 3. Strengthened reporting and compliance framework, including LRN issuance, Form ECB 2 submissions, and revised reporting forms with late-fee penalties. The Reserve Bank of India (RBI) …
Read More »India’s Capacity to Absorb External Shocks Remains Strong Amid Global Structural Transformation, Says Finance Minister
Main Pointers 1. Global shifts: Geopolitical tensions are reshaping supply chains amid sanctions, tariffs, and decoupling. 2. India’s resilience: The economy’s capacity to absorb external shocks remains robust, supported by domestic demand and investment. 3. Strategic implications: India’s evolving leverage could become a foundation for leadership rather than a mere buffer against uncertainty. India’s resilience in a changing world: how …
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