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Indian banks can extend loans to non-residents, issue SBLC in favour of overseas lenders: RBI FAQs on FCNR (B) deposits

New Delhi, June 23 -- The observations come in the central bank's frequently asked questions (FAQs) on swap facility for FCNR (B)/ foreign currency non-resident (bank) deposits, external commercial bo... Read More


SEBI proposes common advertising code for regulated entities

New Delhi, June 23 -- The Securities and Exchange Board of India (SEBI) on Tuesday proposed a Common Advertisement Code (CAC) for specified regulated entities, seeking to replace multiple entity-speci... Read More


RBI issues final norms on TReDS; eases onboarding process for MSMEs

New Delhi, June 23 -- The Reserve Bank of India (RBI) on Tuesday issued final guidelines on the Trade Receivables Discounting System (TReDS), simplifying the onboarding process for MSME sellers and en... Read More


Sumeet Industries to raise Rs.200 cr via rights issue

New Delhi, June 23 -- Sumeet Industries, a leading integrated polyester manufacturer, plans to raise Rs 200 crore through a rights issue aimed at enhancing financial flexibility and supporting the com... Read More


Gold loans surge 84% in FY26, emerge as mainstream credit driver: Experian

New Delhi, June 23 -- Gold loans are rapidly emerging as one of India's fastest-growing retail credit products, with sourcing surging 84 per cent year-on-year in FY26, outpacing all other segments, ac... Read More


Tata Capital slips 1.25% after last week's NCD-fuelled rally

New Delhi, June 22 -- Shares of Tata Capital Limited were trading 1.25 per cent lower at Rs.362.20 on Monday, June 22, 2026, as of 10.55 am, retreating from Friday's surge. Sell orders dominated, acco... Read More


Flair Writing bags Rs.20-crore orders for creative and houseware divisions

New Delhi, June 22 -- Flair Writing Industries Ltd on Monday announced fresh orders worth approximately Rs.20 crore for its Creative and Steel Bottles & Houseware divisions, to be fulfilled within... Read More


K2 Infra bags Rs.390.91 crore Telangana road contract

New Delhi, June 22 -- K2 InfraGen Ltd has secured a road infrastructure contract worth Rs.390.91 crore from the Government of Telangana, the Gurugram-based company announced today. The contract cover... Read More


JSW Infra plans Rs.7,500 crore fundraise through QIP offering

New Delhi, June 22 -- JSW Infra plans to raise Rs.7,503 crore through qualified institutional placement. The offer consists of fresh equity issuance of Rs.6,555 crore and an offer for sale of Rs 948... Read More


RBI to conduct Rs.2 lakh crore 7-day variable rate repo auction on June 23

New Delhi, June 22 -- The Reserve Bank of India (RBI) on June 22, 2026, announced that it will conduct a 7-day Variable Rate Repo (VRR) auction amounting to Rs.2 lakh crore on June 23, as part of its ... Read More