Banks face weakening growth visibility amid geopolitical uncertainties
Growth headwinds are building across the banking sector, with lenders likely to adopt a more cautious stance and prioritise low-risk borrower segments
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Faster insolvency process proposed with creditor-led resolution framework
A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt share to initiate proceedings. This bypasses the NCLT admission process, with the tribunal’s role limited to moratorium and plan approval. The entire…
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EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRI
India’s exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Border Adjustment Mechanism. Starting 2028, the CBAM will cover a wider range of manufactured industrial goods, including stricter…
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Iran war: HUL hikes prices of Dove, Pears, Surf, Red Label
Hindustan Unilever Limited has increased prices for its soap products. This move is a response to escalating costs of raw materials and packaging. The price hikes, ranging from Re 1 to Rs 20, are being passed on to consumers. This…
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ICAI’s WIRC Delegation Meets Maharashtra Co-operative Commissioner; Seeks Audit Reforms, CA Participation in Lawmaking
Chartered accountants from WIRC met Maharashtra’s Co-operative Commissioner to advocate for audit reforms, extended timelines for auditor empanelment, and a revision of audit fees. They also requested formal inclusion in drafting the new co-operative policy, emphasizing the need for updated…
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Muted unsecured growth to pick up; HDB Financial sees yields to come back to over 14%
Muted growth in unsecured lending weighed on yields for HDB Financial Services in Q4 FY26, but the NBFC expects a revival in the segment to support margins going ahead, even as it maintains a firm stance on risk-adjusted pricing. The…
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