The Reserve Bank of India’s measures to control credit offtake have successfully mitigated risks in unsecured loans. By increasing risk weights on these loans in November 2023, the growth in credit card dues and loans to non-bank lenders decelerated significantly. Following this moderation, the RBI plans to restore the original risk weights starting in FY26.

The fundraising suggests a likely return of investor confidence in the bank after the Reserve Bank of India on Saturday said the private lender has sufficient capital despite a likely hit on its net worth.

The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.

Analysts predict significant returns for stocks like Tata Motors, Varun Beverages, and Kirloskar Oil Engines with expected upsides up to 72%. Positive factors include valuations, margin expansions, and growth opportunities, while potential risks such as demand slowdown and competitive intensity are considered.

Several of Deepak Nitrite s key projects, including the nitric acid plant and other units, have been delayed and might be completed by the first half of FY26. These projects were originally slated for commissioning in the second half of FY25.

Canara Bank s bonds are callable at the end of five years. The base size of the bond issue was ₹1,000 crore with a greenshoe option of ₹3,000 crore.

PC Jeweller Ltd has approved the issuance of 51.71 crore shares to a consortium of 14 banks to settle a debt of Rs 1,510 crore. The shares are priced at Rs 29.20 each under a Joint Settlement Agreement. The new shares will have the same rights as existing ones.

Indian markets rebounded after a five-day losing streak, with Sensex rising over 200 points and Nifty50 closing flat but positive. Banking, auto, metal, and healthcare stocks gained, while FMCG and realty saw selling pressure. Several stocks hit fresh 52-week highs.

CARE Ratings has downgraded the outlook on ESAF Small Finance Bank s various tier 2 bonds instruments to "negative" from "stable" on account of high asset quality stress which has adversely impacted the bank s profitability.

Baskar Babu Ramachandran, the promoter and managing director of Suryoday Bank, has raised his holding in the bank to 5.18% from 5.04% earlier, with the purchase of 1.5 lakh equity shares through open market operations.