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Kotak Mahindra Bank is expanding its mid-market corporate loan book, targeting companies with 500 crore to 1,500 crore in turnover. This segment, which has grown over 35% compounded annually since its launch, is expected to see 20-25% growth over the next five years. The bank aims for this mid-market book to reach at least 20% of its total corporate portfolio.
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News and Media
A NABARD survey reveals a significant boost in rural economic momentum, with 80% of households reporting higher consumption over the past year. This rise in prosperity is attributed to sustained welfare support, strong public investment, GST rate rationalization, and moderating inflation, leading to improved real incomes and purchasing power.
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News and Media
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate exposure limit for opening these accounts without restriction has been raised. New rules will be effective from April 2026. Banks will have specific criteria for maintaining accounts with higher exposures.
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News and Media
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans. Additionally, the central bank eased norms for current and overdraft accounts, allowing banks to maintain them without restriction for customers with exposures under 100 million rupees.
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News and Media
Indias stock market created a record Rs 148 lakh crore in wealth between 2020 and 2025, with the top 100 wealth creators delivering 38% CAGRits strongest cycle ever, according to Motilal Oswal. Bharti Airtel, ICICI Bank, BSE, and HAL topped categories across the biggest, fastest, and most consistent performers during this structural rally.
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News and Media
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