‘Bank borrowings to dominate NBFC funding mix in FY27’

CRISIL Ratings forecasts a significant increase in the share of bank loans for non-banking financial companies (NBFCs) by FY27, as elevated bond yields make bank credit a more attractive and cost-effective funding option. Illustration: Uttam Ghosh Key Points The share

Demat a/c growth at 11-month low in March

India witnessed an 11-month low in new demat account additions in March, as escalating geopolitical tensions and significant equity market declines dampened investor sentiment and moderated overall growth in FY26. Illustration: Uttam Ghosh Key Points New demat account additions in

Gold Reserves Drop Hit Forex Reserves

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.  

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue