Prudent Corporate Advisory Services Ltd. Share Price

Sundaram Home Finance targets ₹1,300 crore AUM in Tamil Nadu

Sundaram Home Finance, part of the

Indian Banks at Strongest Financial Health in a Decade

Indian scheduled commercial banks have reached their strongest financial health in over a decade, underscored by multi-decadal low non-performing assets (NPAs) and robust balance sheet repair, according to Motilal Oswal Financial Services. Gross NPAs dropped to approximately 1.8% in March 2026 while net NPAs fell to 0.4%, reflecting a substantial reduction in stressed corporate assets and bad loans. Backed by solid profitability, comfortable capital buffers, and prudent risk management, the banking sector aligns with the Reserve Bank of India’s assessment of systemic resilience and capital adequacy. This structural cleanup has coincided with a sharp rebound in credit demand, with system-wide bank credit growing 14.5% year-on-year in FY2025-26 alongside an 11.5% rise in deposits. Supported by healthier balance sheets in corporate India and steady macroeconomic activity, banks have effectively moved past the prior decade's elevated leverage and bad loan crises. Positioned with robust capital reserves and historically low impaired assets, Indian lenders are now well-equipped to sustain accelerating loan expansion and drive broader economic development.

Karnataka Bank Ltd

PHDCCI Welcomes RBI’s Repo Rate Pause, Citing Economic Resilience and Growth

The PHD Chamber of Commerce and Industry (PHDCCI) has lauded the Reserve Bank of India’s decision to keep the policy repo rate unchanged at 5.25%, describing it as a balanced and prudent move that fosters economic growth while keeping inflation in check. Despite global headwinds—such as geopolitical friction, fluctuating energy costs, and climate disruptions—the industry body emphasized that India's economy remains resilient. This strength is propelled by robust domestic consumption, high manufacturing capacity utilization, steady credit expansion, and persistent government investments in infrastructure. Additionally, PHDCCI anticipates sustained momentum in services exports and expects merchandise trade to gain traction through recent trade pacts and market diversification efforts. Highlighting the nation's financial stability, PHDCCI pointed to strong banking sector fundamentals, ample liquidity, and robust foreign exchange reserves as key drivers of macroeconomic strength. The chamber also praised the RBI's initiatives to fortify the cooperative banking landscape, including plans to resume licensing for urban cooperative banks and update the credit monitoring framework for rural institutions. Ultimately, PHDCCI expects this steady monetary stance to bolster business and investor confidence, maintain long-term growth momentum, and solidify India's status as a leading global economic driver.

Hindustan Aeronautics Limited (HAL) witnessed an impressive rally of nearly 300 points (around 6%) in a single trading session