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Equitas SFB board approves proposal to raise fund amounting to Rs 1,750 crore
Equitas Small Finance Bank said that its board has approved proposals to raise fund aggregating to Rs 1,750 crore through issue of equity and debt securities.
RBI issues Trade Receivables Discounting System Directions, provides rationalisation and harmonisation of existing regulatory framework
The Reserve Bank of India (RBI) has issued Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026. RBI had placed the draft Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026 on April 08, 2026, in the public domain for stakeholder feedback. The draft Directions proposed, inter alia rationalisation and harmonisation of the existing regulatory framework for TReDS, removal of the requirement of due diligence for MSME sellers, and revision of the capital requirements applicable to TReDS operators. RBI noted that feedback from the public has been examined and suitably incorporated in the final directions. The final Directions prescribe the appropriate requirements for an efficient functioning of TReDS while providing the authorised entities flexibility to frame operational and procedural guidelines in accordance with the extant regulatory framework. These Directions shall come into effect immediately, unless indicated otherwise therein.
Canada's Fairfax buys nearly $1 billion of Indian bonds in a rare move
The purchases by Fairfax India Holding Corp were made to bring capital into the country ahead of a potential deal to buy stake in government-owned IDBI Bank
Yes Bank to consider fundraise plans on June 29
Yes Bank's board is set to convene on June 29 to deliberate on significant fundraising initiatives. The bank plans to explore options for raising capital through equity and debt issuances, including private placements and preferential allotments. Shareholders may be asked to approve these measures, as the bank assesses its future capital needs. This strategic move aims to bolster the bank's financial standing.
City Union Bank to raise over Rs 500 crore through QIP
City Union Bank's board has greenlit a plan to raise up to ₹500 crore via a qualified institutional placement, pending shareholder nod at the August 14, 2026 AGM. This move aims to bolster the bank's capital. On the same day, shareholders will consider a ₹2 per share dividend for FY26, representing a 200% payout on the face value.
YES Bank board to consider fundraise via equity and debt securities
Yes Bank's board will meet on June 29, 2026, to consider capital raising through equity and debt instruments. The proposals aim to provide flexibility for future fundraising aligned with regulatory requirements, while seeking shareholder approvals at the upcoming AGM.
YES Bank board to consider raising funds through equity and debt issue
YES Bank's board will meet on June 29 to consider raising money through shares and debt instruments, as the lender evaluates future capital requirements and seeks flexibility for fundraising.
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrage
The Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move closes a regulatory loophole allowing banks to offer lighter treatment to UPI-linked credit. Now, the nature of the credit, not the technology, dictates capital adequacy and provisioning, ensuring consistent regulation across all credit products.
RBI allows guarantee cover for TReDS financing in fresh directions
The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for financed receivables. This move aims to reduce credit risk, boost lender participation, and improve liquidity in the receivables financing ecosystem. The revised framework also streamlines onboarding, permits insurance cover, and strengthens the legal enforceability of TReDS transactions, fostering a more robust marketplace for working capital.
RBI allows guarantee cover for TReDS financing in fresh directions
The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for financed receivables. This move aims to reduce credit risk, boost lender participation, and improve liquidity in the receivables financing ecosystem. The revised framework also streamlines onboarding, permits insurance cover, and strengthens the legal enforceability of TReDS transactions, fostering a more robust marketplace for working capital.
Canada's Fairfax Picks Up $1-Billion Indian Govt Bonds Amid Eye On IDBI Bank Stake: Report
India's recent move to exempt foreign investors in government bonds from capital gains tax reportedly helped make the investment attractive.
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says
Kotak Mahindra Bank pursues acquisitions and alternative assets to deploy surplus capital.