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Affordable housing lender Truhome Finance files for ₹3,000 crore IPO
TruHome Finance, backed by Warburg Pincus, filed its DRHP with SEBI to raise ₹3,000 crore via IPO, including a fresh issue of ₹1,500 crore and an OFS by Mango Crest.
Stocks in news: Kwality Walls, AU Small Finance Bank, YES Bank, PB Fintech, Tata Power
Indian markets faced pressure on Friday, losing some recent gains due to cautious global sentiment and profit-taking. Several companies like PB Fintech, Kwality Walls, Cipla, AU Small Finance Bank, YES Bank, and Tata Power are in focus. Block deals occurred in PB Fintech. Kwality Walls reported Q3FY26 revenue. Cipla is recalling medication in the US.
RBI eases NOHC norms for AU Small Finance Bank
The central bank said an NOHC would be needed only if the group later sets up additional financial services entities. The RBI had first issued an in-principle approval on Aug 7, 2025 for the transition from a small finance bank to a universal bank .
Motilal Oswal Home Finance signs $100 million NCD deal with Asian Development Bank
Motilal Oswal Home Finance signed a deal with the Asian Development Bank to raise $100 million in rupee debt via debentures, supporting affordable housing loans for women and green housing.
Motilal Oswal Home Finance signs USD 100 mn debt deal with ADB for women-focused, affordable, green housing
To be raised in rupee-equivalent debt, a part of the capital will be used to provide affordable housing loans to women borrowers while 10 per cent of the proceeds will be deployed to finance the construction of residential units that meet recognised green building certification standards, supporting the adoption of environmentally sustainable construction practices, the company said.
Top 10 stocks that bucked the trend in a weak market session
In a weak session, Tejas Networks jumped over 19% intraday, topping the charts, with ideaForge and Solar Industries close behind, as MCX, Muthoot Finance and others bucked the broader sell-off.
IIFL Home Finance inks $300 million loan pact with ADB
IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address India's substantial housing shortage and extending homeownership to underserved communities nationwide.
Shriram Pistons raises Rs 1,000 crore for Antolin buy
Shriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisition of Grupo Antolin’s India entities. The deal diversifies SPRL into automotive interiors, reducing EV transition risks and strengthening its business profile.
IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women
IIFL Home Finance secures a 300 million dollar loan from Asian Development Bank and partners to boost affordable, green housing finance for low-income women in India amid a major housing deficit.
PFC shares fall after it transfers Saswad Transmission to Maharashtra State Electricity Transmission
Power Finance Corporation sold Saswad Transmission to Maharashtra State Electricity Transmission for ₹3.79 crore; shares fell 2% to ₹412.20.
Chris Wood picks IndiGo, Adani Power in India portfolio reshuffle
Jeffries' Christopher Wood has reshuffled his India portfolio, adding Adani Power and InterGlobe Aviation (IndiGo) while exiting Home First Finance and Le Travenues Technology (Ixigo). The ace investor remains overweight on India, citing reforms, strong domestic flows and long-term structural opportunity.
Watch | IIFL flags higher impact on northern MFIs after Bihar rules
IIFL Capital’s Viral Shah said Bihar’s tighter regulations on microfinance lenders could slow growth and create asset-quality challenges, with northern-focused MFIs and small finance banks likely to see the highest impact as lending norms tighten and recovery timelines extend.